Earnings implied moves: week of Oct 13–16, 2026
What the options market is pricing in for this week's earnings reports. Biggest implied (expected) moves: ERIC ±10.4%, AA ±9.0%, ASML ±8.9%, UNH ±8.6%, CFG ±8.6%. Tables update daily through the week; after Friday this page stays as a dated archive.
Updated September 27, 2026 · interactive calendar · season implied-vs-actual tracker · past weeks: Sep 28, Sep 22, Sep 14, Sep 8, Aug 31, Aug 24, Aug 17, Aug 10, Aug 3, Jul 21
Tuesday, October 13
| Stock | Session | Implied move | Avg move (10y) | Last move |
|---|---|---|---|---|
| UNH | BMO | ±8.6% | ±5.9% | +10.3% |
| GS | BMO | ±6.6% | ±4.2% | +9.4% |
| C | BMO | ±6.3% | ±4.1% | -6.1% |
| JNJ | BMO | ±5.3% | ±3.2% | -3.1% |
| JPM | BMO | ±5.3% | ±3.4% | +3.0% |
Implied moves for October 13, one per name
- UNH (UnitedHealth Group Inc) options implied move for October 13, 2026 earnings (before market open): ±8.6%. Its average earnings move over the last 10 years is ±5.9%.
- GS (Goldman Sachs Group Inc) options implied move for October 13, 2026 earnings (before market open): ±6.6%. Its average earnings move over the last 10 years is ±4.2%.
- C (Citigroup Inc) options implied move for October 13, 2026 earnings (before market open): ±6.3%. Its average earnings move over the last 10 years is ±4.1%.
- JNJ (Johnson and Johnson) options implied move for October 13, 2026 earnings (before market open): ±5.3%. Its average earnings move over the last 10 years is ±3.2%.
- JPM (JP Morgan Chase and Co) options implied move for October 13, 2026 earnings (before market open): ±5.3%. Its average earnings move over the last 10 years is ±3.4%.
Wednesday, October 14
| Stock | Session | Implied move | Avg move (10y) | Last move |
|---|---|---|---|---|
| ASML | BMO | ±8.9% | ±5.8% | +3.1% |
| FAST | BMO | ±7.2% | ±6.4% | -5.4% |
| MS | BMO | ±6.6% | ±4.6% | -2.8% |
| WFC | BMO | ±6.2% | ±5.0% | -4.4% |
| BAC | BMO | ±5.6% | ±3.9% | +2.9% |
Implied moves for October 14, one per name
- ASML (ASML Holding NV) options implied move for October 14, 2026 earnings (before market open): ±8.9%. Its average earnings move over the last 10 years is ±5.8%.
- FAST (Fastenal Company) options implied move for October 14, 2026 earnings (before market open): ±7.2%. Its average earnings move over the last 10 years is ±6.4%.
- MS (Morgan Stanley) options implied move for October 14, 2026 earnings (before market open): ±6.6%. Its average earnings move over the last 10 years is ±4.6%.
- WFC (Wells Fargo and Company) options implied move for October 14, 2026 earnings (before market open): ±6.2%. Its average earnings move over the last 10 years is ±5.0%.
- BAC (Bank of America Corporation) options implied move for October 14, 2026 earnings (before market open): ±5.6%. Its average earnings move over the last 10 years is ±3.9%.
Thursday, October 15
| Stock | Session | Implied move | Avg move (10y) | Last move |
|---|---|---|---|---|
| ERIC | BMO | ±10.4% | ±3.3% | -14.1% |
| AA | AMC | ±9.0% | ±8.2% | -6.6% |
| SCHW | BMO | ±6.4% | ±4.8% | -2.8% |
| TSM | BMO | ±6.3% | ±4.9% | -3.8% |
| PNC | BMO | ±5.7% | ±3.7% | -1.5% |
| USB | BMO | ±5.5% | ±4.0% | +2.0% |
| PLD | BMO | ±4.9% | ±3.6% | +4.6% |
Implied moves for October 15, one per name
- ERIC (ERIC) options implied move for October 15, 2026 earnings (before market open): ±10.4%. Its average earnings move over the last 10 years is ±3.3%.
- AA (Alcoa Corporation) options implied move for October 15, 2026 earnings (after market close): ±9.0%. Its average earnings move over the last 10 years is ±8.2%.
- SCHW (Charles Schwab Corporation) options implied move for October 15, 2026 earnings (before market open): ±6.4%. Its average earnings move over the last 10 years is ±4.8%.
- TSM (Taiwan Semiconductor Manufacturing Co Ltd) options implied move for October 15, 2026 earnings (before market open): ±6.3%. Its average earnings move over the last 10 years is ±4.9%.
- PNC (PNC Financial Services Group Inc) options implied move for October 15, 2026 earnings (before market open): ±5.7%. Its average earnings move over the last 10 years is ±3.7%.
- USB (US Bancorp) options implied move for October 15, 2026 earnings (before market open): ±5.5%. Its average earnings move over the last 10 years is ±4.0%.
- PLD (Prologis) options implied move for October 15, 2026 earnings (before market open): ±4.9%. Its average earnings move over the last 10 years is ±3.6%.
Friday, October 16
| Stock | Session | Implied move | Avg move (10y) | Last move |
|---|---|---|---|---|
| CFG | BMO | ±8.6% | ±4.6% | +5.0% |
| TFC | BMO | ±8.6% | ±4.1% | +1.8% |
| TRV | BMO | ±7.8% | ±4.8% | +9.7% |
| MTB | BMO | ±7.4% | ±4.7% | +2.8% |
Implied moves for October 16, one per name
- CFG (Citizens Financial Group Inc) options implied move for October 16, 2026 earnings (before market open): ±8.6%. Its average earnings move over the last 10 years is ±4.6%.
- TFC (Truist Financial Corporation) options implied move for October 16, 2026 earnings (before market open): ±8.6%. Its average earnings move over the last 10 years is ±4.1%.
- TRV (The Travelers Companies Inc) options implied move for October 16, 2026 earnings (before market open): ±7.8%. Its average earnings move over the last 10 years is ±4.8%.
- MTB (M&T Bank Corporation) options implied move for October 16, 2026 earnings (before market open): ±7.4%. Its average earnings move over the last 10 years is ±4.7%.
Frequently asked questions
What is an implied move?
The implied move — also called the expected move — is the size of the earnings-day move the options market is pricing in, typically derived from the at-the-money straddle expiring just after the report. It is a magnitude, not a direction.
Which stock has the biggest implied move the week of Oct 13–16, 2026?
As of September 27, 2026, the largest implied moves in this week's preview are ERIC ±10.4%, AA ±9.0%, ASML ±8.9%, UNH ±8.6%, CFG ±8.6%.
Do these numbers change?
Yes — implied moves change with option prices, and this page updates daily through its week. After the week ends it is kept as a dated archive.
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