Options traders are convinced that Verizon (VZ) stock will reclaim some of its recent losses after the telecommunications giant reports earnings on Oct. 26. Consensus is for VZ to record $1.27 in earnings per share (EPS) for its third financial quarter, which would represent nearly 5% growth on a year-over-year basis.
Heading into the quarterly print, Verizon shares are down more than 10% versus their year-to-date high.