TJX Stock Before Earnings: ±4.5% Priced, IV Ramps +79% Into the Print

What happens to TJX stock before earnings? Two things are measurable: options currently price a ±4.5% move for the Aug 19, 2026 report (before market open) against a 10-year average move of about ±5.5%; at-the-money implied volatility climbed +79% over the final five sessions before the print on average across TJX Companies's last 3 reports (it rose into 3 of the 3), with the last day alone averaging +9%. That ramp is what an IV-rush trade tries to capture — and it collapses the moment the numbers are out (IV crush), which is why buying calls or puts the night before is usually a bet against the odds unless the move beats what was priced.

Options price

±4.5%

for Aug 19, 2026 · before market open

Avg move (10Y)

±5.5%

peak earnings-day move

Typical IV ramp

+79%

-5d → last close, avg of 3 reports

Last-day ramp

+9%

final session alone, average

TJX live implied move & 10Y history → · TJX stock after earnings → · Who is on the IV Rush Radar this week → · How the IV rush trade works →

How TJX's implied volatility ramps into the print

The IV Rush Radar records at-the-money IV twice a day for the last five sessions before every TJX Companies report. Its most recent release (Feb 26, 2025) looked like this — IV at each 4pm close, versus the -5d morning reading of 24%:

Session	ATM IV	vs -5d open
-5d 4pm	39%	+64%
-4d 4pm	44%	+83%
-3d 4pm	43%	+81%
-2d 4pm	57%	+140%
-1d 4pm	59%	+149%

Across all 3 tracked reports the five-session ramp averaged +79% and the last day alone +9%.

Report	IV at -5d	IV at last close	Ramp
Feb 26, 2025	24%	59%	+149%
Aug 21, 2024	▮▮%	▮▮▮%	+▮▮%
Feb 28, 2024	▮▮%	▮▮▮%	+▮▮%

The other 2 TJX Companies reports, side by side — and the live curve for the next one — are in the IV Rush Radar. This is the tool members use to trade the ramp before the crush: the historical median IV path for TJX drawn against today's real-time IV, three snapshot signals (is IV rising now, is the projected straddle gain worth it, does TJX usually rise on the last day), a projected straddle price into the close, and the platform's daily P1/P2/P3 rush picks. Ideal setups light all three signals green — and the radar tells you when to be out (always before the last close). See member plans →

Why "just buy calls before earnings" usually loses even when you're right

Everything the market expects is already in the premium: implied volatility peaks at the last close before the report and collapses the moment the numbers are out. A call bought the night before needs the stock to move more than the implied move in the right direction just to break even — a smaller-than-priced move loses money on both calls and puts. Our IV crush guide walks through the mechanics; the expected-move calculator turns a straddle price into the break-even you'd need.

Free weekly email

Get Monday’s implied-move card in your inbox

This chart — every notable stock reporting next week and the move options are pricing for each — lands in your inbox every Monday. Free.

No spam, unsubscribe anytime. Education only — not financial advice.

This week's implied-move card: every notable earnings release placed by its options-implied move

Frequently asked questions

Should I buy TJX before earnings?

That is a decision only you can make, and this page does not give advice. What the data says: options price a move of ±4.5% for the Aug 19, 2026 report, so a long call or put needs TJX Companies to move more than that in the right direction to profit after IV crush. Implied volatility has climbed +79% on average over the final five sessions, which is why some traders trade the ramp itself and exit before the print.

Does TJX implied volatility go up before earnings?

Usually. Across TJX Companies's last 3 reports at-the-money IV rose into the print 3 times, averaging +79% from five sessions out to the last close, with the last day alone averaging +9%. Into its Feb 26, 2025 report IV went from 24% to 59%.

When does TJX IV peak before earnings?

At the last close before the report — the final session before the print carries the biggest step for most names, which is why an IV-rush trade is exited before that close and never held through the announcement.

What is TJX's implied move for the next earnings?

Options currently price about ±4.5% for Aug 19, 2026 (before market open); the 10-year average move is about ±5.5%.