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 ======================================================================== 07/13 07:00 JPM* JPMORGAN CHASE 4.80 2.04 2.35 07/13 08:00 WFC* WELLS FARGO & CO 2.78 3.68 0.76 07/16 JBHT HUNT (JB) TRANS 4.19 3.21 1.31 07/16 08:00 C* CITIGROUP INC 3.79 3.94 0.96 07/16 Bef-mkt GCI* GANNETT CO 5.97 6.64 0.90 07/16 Aft-mkt CTAS* CINTAS CORP 3.57 4.62 0.77 * - 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: Wendy Soong in New York at at csoong@Bloomberg.net.
To contact the editor responsible for this story: Alex Tanzi at at atanzi@Bloomberg.net