Options traders are betting on a near-term surge in American Express (AXP) shares as the credit card giant reports quarterly earnings before the market opens on Friday. The consensus is for American Express to record $4.47 in earnings per share (EPS) for its third financial quarter. This would represent nearly 8% growth versus Q3 of last year.
American Express stock has been rather muted in 2026, currently down about 12% versus the start of this year.