
It’s a significantly quitter week for earnings this week, with only a few key names set to report. This week we have Disney (DIS), Cisco Systems (CSCO), CoreWeave (CRWV), Nu Holdings (NU), Jd.com (JD), Occidental Petroleum (OXY) and Applied Materials (AMAT) all reporting.
Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options.