According to ApexVol data as of 2026-07-17, the options market prices FRMM for the biggest earnings reaction of the week: an implied move of ±27.1% around its 2026-07-22 (TBD) report, versus a historical average move of ±5.2%. 90 liquid optionable names report this week; across the 20 largest implied moves the median is ±10.1%, and 8 of them are priced at more than 1.5x their own historical average move.
Data as of 2026-07-17Reporting this week 90 liquid namesSource ORATS + FMPCadence Weekly · Mon
90
Liquid names reporting
±27.1%
Largest implied move
9
Priced ≥1.5× their history
1149
Universe screened
Exhibit 01
The 20 Largest Implied Moves (Jul 17 – 23, 2026)
Options-implied post-earnings moves versus each stock's own historical average earnings move.
An Imp/Hist ratio above 1.0 means the options market is pricing a bigger reaction than the
stock has historically delivered.
Note — bars scale each implied move against the week's largest. RICH flags implied moves
at least 1.5× the stock's historical average reaction. BMO = before market open,
AMC = after market close. Source: ORATS + FMP, as of 2026-07-17.
Exhibit notes
Methodology
Moves
ORATS earnings-dated pricing
Dates & timing
FMP earnings calendar
Universe
1149 liquid optionable names
Cadence
Mondays, pre-open
Implied earnings moves and historical average moves come from
ORATS
(earnings-dated option pricing); report dates and BMO/AMC timing come from the FMP earnings calendar.
Universe: ORATS US equity coverage filtered to liquid optionable names (price above $5, 20-day average
options volume of at least 1,000 contracts) — 1149 stocks this week, of which
90 report. The historical average is the mean absolute post-earnings move
over the stock's recent reports. Generated every Monday before the US open; report dates can change
during the week — verify before trading. See the
expected move calculator
for any single ticker's live implied move.
AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-07-17.How we research →
Free to cite with attribution · page refreshes weekly — cite the week label for reproducibility
FAQ
Frequently Asked Questions
As of 2026-07-17, the largest options-implied earnings moves for Jul 17 – 23, 2026 are FRMM, MXL, VICR. The full table on this page refreshes every Monday.
The implied earnings move is the size of the post-earnings stock reaction the options market is pricing in, derived from earnings-dated option premiums (primarily the at-the-money straddle spanning the report). An implied move of ±8% means options break even only if the stock moves about 8% in either direction on the print.
Not by itself — it's a price, not a prediction. Comparing the implied move to the stock's own historical average earnings move is more informative: implied well above historical suggests richly priced event risk (relevant to premium sellers), implied below historical suggests cheap event risk (relevant to premium buyers). Either way the realized move can exceed or undershoot both.