As we approach this afternoon’s big earnings event, here is more Slope-created information about Amazon.
Here is the price reaction leading up to, and following, all their earnings in the past. As the thick black line indicates, on average the stock tends to soften following earnings.
The IV Rank is rather low now, showing how the stock has been relatively stable (and dull) for quite a long time.
The price cone shows the anticipated potential price move, based on the implied volatility of AMZN options.
Finally, here are the gains (blue) and losses (red) for each day following every earnings event for Amazon in the past. The past two quarters, there was a drop.
