Earnings Options Scan — Week of 2026-06-08
Algolearn.AI June 7, 2026 2 min read 1,271 views
Earnings 2026-06-08 ? 2026-06-21 · 2 trades · 2 watchlist
Automated weekly scan of large/mid-cap names reporting earnings between 2026-06-08 and 2026-06-21. Each idea is defined-risk and built from live options-chain data. Not investment advice.
Trades
1. ORCL — Oracle Corporation (long straddle)
| Earnings | 2026-06-10 (AMC) |
|---|---|
| Expiration | 2026-06-12 |
| Legs | +1 212.5C / +1 212.5P |
| Entry | -$27.70 debit per straddle |
| Max risk / reward | $2770 / $99999 · breakeven $184.80 / $240.20 |
| P&L | +13.0%: +$61 · -13.0%: -$61 · flat: -$2,709 |
| IV | ATM IV 141.9% · expected move 13.0% · Expected 13.0% vs 6-quarter historical avg actual 19.0% ? premium underpriced ~32%; ORCL exceeded implied in 5 of last 6 quarters (Jun-24: 17.7% vs 6.3% implied; Sep-24: 10.3% vs 7.1%; Mar-25: 13.2% vs 8.8%; Jun-25: 18.2% vs 7.7%; Sep-25: 45.2% vs 8.9%; Mar-26: 9.3% vs 10.4% — only miss) |
| Thesis | ORCL has averaged ~19% actual post-earnings moves vs the current 13% implied — the widest buy-premium gap in this scan. The May 28–Jun 1 spike from $190 to $248 followed by a retreat to $213 signals pre-earnings positioning that typically precedes a large directional resolution. Long straddle captures either direction with max loss capped at the $27.70 premium paid; breakeven requires only a 13% move, below ORCL's 6-quarter average. |
| Enter by | 2026-06-10 by 3:45 PM ET |
2. ADBE — Adobe Inc. (iron condor)
| Earnings | 2026-06-11 (AMC) |
|---|---|
| Expiration | 2026-06-12 |
| Legs | +1 222.5P / -1 232.5P / -1 275C / +1 287.5C |
| Entry | +$4.12 credit per condor |
| Max risk / reward | $838 / $412 · breakeven $228.38 / $279.12 |
| P&L | +9.7%: +$412 · -9.7%: -$256 · flat: +$412 |
| IV | ATM IV 110.9% · expected move 9.7% · Expected 9.65% vs 3-quarter trailing actual avg 5.83% (Sep-25: 0.2% vs 8.9% implied; Dec-25: 8.6% vs 7.7%; Mar-26: 8.7% vs 6.8%) ? IV elevated vs recent realized; 8-quarter actual avg 10.2% is near fair but trend is moderating; ATM call spread 6.55% — target fills at or above $3.50 net credit |
| Thesis | ADBE's last three post-earnings moves averaged 5.83% absolute vs the 9.65% currently implied; the Sep-25 print of 0.2% against an 8.9% implied demonstrated the stock can massively undershoot. Short call at $275 sits above the Jun-1 spike high of $274, providing resistance overhead. Max loss of $838 occurs only if stock clears $287.50 or breaks below $222.50 — moves of +15% or -11% from spot. |
| Enter by | 2026-06-11 by 3:45 PM ET |
Watchlist
- ACN — Compelling sell-premium setup on paper: Jun-18 chain prices 12.18% expected move vs historical avg actual ~5.4% (126% premium). However, ATM call spread is 26% and the chain's underlying price ($167.54) diverges ~$10 from the Jun-5 EOD close ($178.25), flagging a data-quality concern. Revisit Jun 15–16; if spreads tighten and price discrepancy resolves ahead of the BMO Jun-18 report, an iron condor selling the 25-delta strangle with 15-delta wings would be the play.
- FER — Earnings Jun-10 (time unknown). US-listed options are untradeable — ATM call spread exceeds 105%, zero bids on all OTM strikes. Skip ahead of earnings; revisit post-report if options market develops.
Expected vs. historical moves
| Ticker | Expected | Historical avg | Verdict |
|---|---|---|---|
| ORCL | 13.0% | 19.0% | UNDERPRICED |
| ADBE | 9.7% | 10.2% | FAIR |
| ACN | 12.2% | 5.4% | OVERPRICED |
Generated 2026-06-08 00:47 UTC by the AlgoLearn earnings scanner. Defined-risk options ideas for informational purposes only — not investment advice.
https://pagerankcafe.com/pressRelease/blog/earnings-scan-2026-06-08
