Tesla, Alphabet, IBM Report Today: Why Are Options Traders Paying 86% Volatility?
Tesla, Alphabet, and IBM are set to report second-quarter earnings after Wednesday's closing bell, with options traders pricing in significant volatility. Tesla options indicate a potential 5.6% move by Friday, with put options outnumbering calls as traders brace for a decline. Alphabet shows a bullish skew, with calls outpacing puts nearly five to one, following a massive earnings beat in April that triggered a 10% stock surge. IBM presents the highest implied volatility at 86%, despite having already reported disappointing revenue on July 14 that erased a quarter of its market value. Traders are now paying for protection against bad guidance rather than the earnings results themselves. The article notes that options data is anonymous and expected moves are estimates, not limits.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection