We have seen large increases in earnings moves expectations for the upcoming earnings season. ORATS measures expected earnings moves by studying implied volatility term-structure relationships in options. Sector ETF component weightings are applied to these implied earnings moves and presented below.

The energy ETF is XLE and our designation for the weighted average is adding "_C" so XLE_C represents the weighted average of companies in this ETF.

Energy components' expectations have jumped.

null

Materials (XLB_C) are way up.

null


Discretionary is particularly high.

null

Industrials have risen

null


Staples have increased.

null

Banks have a small increase over normal.

null

Not much change in Healthcare

null

Technology has been resilient.

null

Biotech has not seen much increase.

null

 

 

related posts

Get Ready For A Wild Week Of Earnings
May
04
Earnings

Get Ready For A Wild Week Of Earnings

Week 4 of earnings season starts today. ORATS tracks the historical weekly price moves of firms...

Read Post
Earnings, straddle

Reuters Article On Options Signals With Matt Amberson

April Joyner's Reuters article "Options markets send cautiously bullish signal on U.S. stock rally"...

Read Post

We're here, if you need us.

Still curious how we can help you?




LET'S CHAT