Earnings Options Scan — Next two weeks from 2026-10-19
Algolearn.AI October 18, 2026 2 min read 8 views
Earnings 2026-10-19 to 2026-11-01 · 2 trades · 4 watchlist
Automated scan of the top 6 names by market cap reporting earnings between 2026-10-19 and 2026-11-01. Each idea is defined-risk and built from live options-chain data. Not investment advice.
Trades
1. GOOG — Alphabet Inc. (iron condor)
| Earnings | 2026-10-28 (AMC) |
|---|---|
| Expiration | 2026-10-30 |
| Legs | -1 367.5C / +1 375C / -1 305P / +1 300P |
| Entry | +$1.50 credit per iron condor |
| Fill band | $0.95 credit crossing every spread (-$55 vs the mid, widest leg 18% wide) |
| Max risk / reward | $600 / $150 (0.25:1) · breakeven $303.50 - $369.00 |
| P&L | +7.1%: +$150 · -7.1%: +$150 · flat: +$150 |
| Expected move | expected move stays inside both short strikes (up clears by $7.90, down clears by $6.84) |
| IV | ATM IV 46.6% · expected move 7.1% · expected 7.11% vs hist 4.58% over 7 quarters -> 55.3% overpriced |
| Thesis | The broker PT raise hit the wire pre-print with the cloud growth thesis already widely circulated — sell-side consensus leaning constructive tends to compress post-print surprise potential. Sector anxiety about the AI trade argues for muted reactions even to in-line results. Selling the wings through the iron condor expresses the low-surprise view without taking a directional side. |
2. AMZN — Amazon.com, Inc. (iron condor)
| Earnings | 2026-10-29 (unknown) |
|---|---|
| Expiration | 2026-10-30 |
| Legs | -1 275C / +1 282.5C / -1 225P / +1 215P |
| Entry | +$2.01 credit per iron condor |
| Fill band | $1.66 credit crossing every spread (-$35 vs the mid, widest leg 21% wide) |
| Max risk / reward | $798 / $202 (0.25:1) · breakeven $222.99 - $277.01 |
| P&L | +7.9%: +$202 · -7.9%: +$202 · flat: +$202 |
| Expected move | expected move stays inside both short strikes (up clears by $6.09, down clears by $4.47) |
| IV | ATM IV 51.4% · expected move 7.9% · expected 7.92% vs hist 6.74% over 7 quarters -> 17.4% overpriced |
| Thesis | Amazon's decision to bar outside AI agents is a known positive already circulated on the wire, reducing the earnings event's information content. The iron condor covers the expected move, and the narrow window between the release and expiration limits time for adverse drift. Wide quoted spreads warrant care on entry — lean toward the natural rather than the mid. |
Watchlist
- MSFT — Implied is underpriced but both structures return negligible P&L even at the historical average move, and UK regulatory scrutiny adds directional noise that makes a vol-long position harder to hold cleanly.
- META — Data feed failure blocked chain assessment for a name reporting this week — if the chain becomes available before the print, the historical vol profile warrants a fresh look.
- TSLA — Data feed failure blocked chain assessment; the historical reaction profile suggests outsized post-earnings moves are plausible, making this a candidate for reassessment before the print.
- LLY — Implied sits close to its measured history, so there is no premium edge worth crossing a spread for.
Expected vs. historical moves
| Ticker | Expected | Historical avg | Verdict | Widest quote |
|---|---|---|---|---|
| GOOG | 7.1% | 4.6% | OVERPRICED | 18% |
| MSFT | 6.1% | 7.2% | UNDERPRICED | 28% |
| AMZN | 7.9% | 6.7% | OVERPRICED | 21% |
| LLY | 7.7% | 7.2% | FAIR | 79% |
Generated 2026-10-18 14:09 UTC by the AlgoLearn earnings scanner. Defined-risk options ideas for informational purposes only — not investment advice.
https://pagerankcafe.com/pressRelease/blog/earnings-scan-2026-10-19
