Earnings Options Scan — Next two weeks from 2026-10-26
Algolearn.AI October 25, 2026 2 min read 10 views
Earnings 2026-10-26 to 2026-11-08 · 2 trades · 4 watchlist
Automated scan of the top 6 names by market cap reporting earnings between 2026-10-26 and 2026-11-08. 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 | -1 342.5C / +1 350C / -1 295P / +1 290P |
| Entry | +$1.57 credit per iron condor |
| Fill band | $1.31 credit crossing every spread (-$26 vs the mid, widest leg 16% wide) |
| Max risk / reward | $594 / $156 (0.26:1) · breakeven $293.44 - $344.06 |
| P&L | +6.0%: +$156 · -6.0%: +$156 · flat: +$156 |
| Expected move | expected move stays inside both short strikes (up clears by $5.42, down clears by $4.09) |
| IV | ATM IV 54.2% · expected move 6.0% · expected 5.97% vs hist 4.37% over 8 quarters -> 36.7% overpriced |
| Thesis | Options are pricing a move wider than Alphabet's measured reaction history warrants, and the wire offers no analyst cut or guidance warning to justify that gap. The iron condor expresses that overpricing symmetrically, with short strikes placed well outside the market-implied range. The wire frames the print as a confirming rather than tail-risk event, reinforcing a range-contained outcome. |
2. AMZN — Amazon.com, Inc. (iron condor)
| Earnings | 2026-10-29 (AMC) |
|---|---|
| Expiration | 2026-10-30 |
| Legs | -1 275C / +1 282.5C / -1 225P / +1 220P |
| Entry | +$1.49 credit per iron condor |
| Fill band | $1.37 credit crossing every spread (-$12 vs the mid, widest leg 8% wide) |
| Max risk / reward | $600 / $150 (0.25:1) · breakeven $223.50 - $276.50 |
| P&L | +7.8%: +$150 · -7.8%: +$150 · flat: +$150 |
| Expected move | expected move stays inside both short strikes (up clears by $6.68, down clears by $4.26) |
| IV | ATM IV 71.0% · expected move 7.8% · expected 7.85% vs hist 6.67% over 8 quarters -> 17.7% overpriced |
| Thesis | Amazon options are overpriced against the stock's measured earnings history, and quoted spreads are narrow enough to make mid-price fills realistic. The iron condor places short strikes beyond the market-implied range on both sides. The wire frames Amazon as an AI bellwether where results are expected to confirm rather than surprise, pointing toward a contained print. |
Watchlist
- MSFT — Implied move is underpriced against history and the wire flags real capex-and-AI-ROI uncertainty, but neither long structure achieves a workable reward-to-risk ratio at current prices.
- AAPL — Not priced this week: the nearest listed expiration falls before the report date.
- LLY — Implied sits close to its measured history, so there is no premium edge worth crossing a spread for.
- BRK.A — Held back from the trades: too few confirmed historical prints for the average to be a distribution yet. The implied move is measured and real; the history it would be compared against is not.
Expected vs. historical moves
| Ticker | Expected | Historical avg | Verdict | Widest quote |
|---|---|---|---|---|
| GOOG | 6.0% | 4.4% | OVERPRICED | 16% |
| MSFT | 5.3% | 7.0% | UNDERPRICED | 19% |
| AMZN | 7.8% | 6.7% | OVERPRICED | 8% |
| LLY | 6.5% | 7.2% | FAIR | 90% |
Generated 2026-10-26 01:34 UTC by the AlgoLearn earnings scanner. Defined-risk options ideas for informational purposes only — not investment advice.
https://pagerankcafe.com/pressRelease/blog/earnings-scan-2026-10-26
