TipRanks

Notifications

Options Volatility and Implied Earnings Moves Today, August 09, 2024

Today, several major companies are expected to report earnings: American Axle (AXL), CBAK Energy Technology (CBAT), Cytokinetics (CYTK), Canopy Growth (CGC), Algonquin Power & Utilities (AQN), Nikola (NKLA), Evergy (EVRG), New Fortress Energy (NFE), FREYR Battery (FREY) and Pagaya Technologies Ltd (PGY).

Ahead of earnings, TipRanks shows you the expected earnings move, which is based on options prices. Many investors follow options activity prior to earnings announcements, as it provides insights into how the stock might move immediately after the earnings announcement.

To help you plan your investing, here is a list of today’s major earnings and their implied moves. The list is divided according to the timing of each company’s earnings release.

Click on any ticker to see the additional data about options on the stock, including real-time expected earnings moves, prices, volume, and open interest.

Companies Reporting Before Market Open
AXL: +/- 9.18%
CBAT: +/- 114.29%
CYTK: +/- 15.19%
CGC: +/- 8.82%
AQN: +/- 21.16%
NKLA: +/- 16.15%
EVRG: +/- 3.56%
NFE: +/- 14.10%
FREY: +/- 23.62%
PGY: +/- 14.50%

Please note that options trading has known risks. Thorough research is recommended before engaging in options trading.

Tags: , , , , , , , , , ,
TipRanks Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.