The following table shows the expected stock-price move for U.S. companies about to release quarterly results, according to options data compiled by Bloomberg. Criteria are listed below the table.
======================================================================== REPORT TICKER IMPLIED AVG POST- DATE TIME SYM COMPANY 1-DAY MOVE ERNS MOVE RATIO ======================================================================== 12/15 Bef-mkt DFS* DISCOVER FINANCI 5.09 2.87 1.77 12/15 07:30 FDX* FEDEX CORP 5.85 4.35 1.35 12/15 Aft-mkt ADBE* ADOBE SYS INC 8.00 6.38 1.26 12/16 07:00 DRI* DARDEN RESTAURAN 3.44 4.20 0.82 ======================================================================== * - Company in Standard & Poor’s 500 Index. The screen used to build this table screened for U.S. stocks with at least $200 million in market value, options trading volume yesterday of 500 or more, total open interest of 10,000 contracts, and share prices at $10 or higher.
To contact the reporter on this story: Alex Tanzi in DC at at atanzi@Bloomberg.net.
To contact the editor responsible for this story: Alex Tanzi at at atanzi@Bloomberg.net