Learn earnings options — step by step
Plain-language guides on how options behave around earnings: what the market prices in, why IV rises then collapses, and how to read a stock’s history before the next report.
Beginner — start here
If earnings options are new to you, read these first. They explain what the options market is pricing in and why being right on direction often isn’t enough.
What is IV crush?
Why options can lose value after earnings even when the stock moves your way — with a numeric example.
Read article EssentialWhat is the implied move?
The market’s expected earnings move from options prices — your main yardstick for every report.
Read article ToolExpected move calculator
Type stock price + ATM straddle for a quick ±% estimate — then join for live moves on every ticker.
Open calculator ToolIV crush calculator
Estimate how hard a post-earnings IV drop can hit premium — educational inputs only; join for live research.
Open calculator EssentialHow to calculate the implied move
ATM straddle method with a numeric example — how to read the figure before any report.
Read article FoundationWhat is earnings volatility?
Why IV spikes into earnings and collapses after — the full pre/post cycle in plain language.
Read article FoundationOptions before earnings
What to check before buying or selling premium: implied move, IV rank, and move history.
Read article FoundationImplied vs historical volatility
Backward-looking realized moves vs forward-looking options pricing — and why the gap widens into earnings.
Read article CalendarWhen is earnings season?
Q1–Q4 start and end dates, peak weeks, and why volatility clusters in these stretches.
Read article Updated weeklyEarnings this week
Notable reporters and the implied move options are pricing for each — refreshed every week.
See calendarIntermediate — mechanics & structures
Once you understand implied move and IV crush, these guides cover the full earnings-volatility cycle and how common structures behave around the event.
IV rush before earnings
Why implied volatility builds into the report and how the pre-earnings IV curve behaves.
Read article After earningsIV crush after earnings
How much IV drops, how long it lasts, and what it means for long vs short premium.
Read article ComparisonIV rush vs IV crush
The two halves of the cycle — same driver, opposite direction, side by side.
Read article ComparisonIV crush vs theta decay
Gradual daily time decay vs the sudden one-session IV collapse — with a worked example.
Read article After the gapPost-earnings drift (PEAD)
Why many stocks keep moving in the direction of the initial reaction for several sessions.
Read articleBank earnings & options
JPM, BAC, GS, WFC, C on July 14 — average moves, live implied moves and what bank season means for IV.
Read guide Jul 2026 seasonTech earnings & options
Mag 7 + semis hub — TSLA Jul 22, NFLX Jul 17, and move history for every mega-cap tech reporter.
Read guide CalendarWhen is earnings season?
Q2 2026 starts mid-July when the banks report — quarter-by-quarter 2026 dates.
Read article WeeklyEarnings this week
Every stock reporting this week and the move options are pricing in — refreshed weekly.
See calendarStraddle vs strangle
Cost vs breakeven, IV crush exposure, and when each long-vol structure fits around earnings.
Read article StructureIron condor vs iron butterfly
Two defined-risk ways to sell IV crush — profit zones, max loss, and when each fits.
Read article MetricIV rank vs IV percentile
Two ways to measure whether IV is high or low relative to its own history.
Read article DecisionHold options through earnings?
How IV crush and the implied move work against long options — framed as education, not advice.
Read articleAdvanced — case studies & data
Longer walkthroughs, transparent backtest recaps, and cross-stock studies.
Who beats the implied move?
Cross-stock ranking: how often actual moves exceed what options priced in — from ~25% (NVDA) to ~69% (NKE).
Read study 68 tradesEarnings volatility signals review
Forward-tracked Long Vol and Short Vol scorecard — win rate, expectancy, and capital simulation.
Read study 67 tradesIV Rush strategy recap
Pre-earnings trades that capture the IV run-up and exit before the report.
Read studyHow a member built a trading OS with EW MCP
ChatGPT/Cursor + IV Rush research → NFLX paper trade → journal. Real member workflow you can copy.
Read case study NVDANVDA May 2023: IV crush case study
How often NVIDIA beats its implied move (~25%), IV crush, and the May 2023 blow-out.
Read case study NVDALong-vol lottos vs defined-risk short vol
Rare huge wins vs capped-loss income structures against 20–30% earnings gaps.
Read walkthrough WalkthroughPlanning & exiting long vol
Compare implied to history, pick expirations, and plan entries and exits around the event.
Read walkthrough OverviewOptions around earnings — overview
IV rush, movers vs non-movers, and how to read implied vs historical for any name.
Read article IV RushThe power of IV Rush
How IV behaves into earnings and how to think about pre-earnings straddles and strangles.
Read article Short volOptions selling around earnings
IV rush/crush, past move distributions, and calibrating premium-selling structures.
Read articleApple (AAPL)
July 30 AMC — live implied ~±5.3%, cooling regime, ~44% beat rate.
Read playbook Jul 22Tesla (TSLA)
July 22 AMC — live implied ~±7.7%.
Read playbook Jul 23Intel (INTC)
July 23 AMC — live implied ~±15.2%, heating semis.
Read playbook Jul 29Arm (ARM)
July 29 AMC — live implied ~±19.6%, extreme tail.
Read playbook Jul 28Visa (V)
July 28 AMC — live implied ~±4.9%.
Read playbook Jul 29P&G (PG)
July 29 BMO — staple earnings, ~±5.0% implied.
Read playbook Jul 16Netflix (NFLX)
July 16 AMC — day-of implied ~±8.9%.
Read playbook HubTech earnings hub
Mag 7 + semis calendar with playbook links.
Read hubQuick glossary — earnings vocabulary
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