Jim
2026.08.04 15:27

$AMD(AMD.US) Earnings Implied Move

Earnings AH

Options are pricing approximately a ±10% move tonight. Current estimates are around ±9.7% to ±10.3%.

Using $518.81:

Expected dollar move: approximately ±$50–$53

Upper implied range: $569–$572

Lower implied range: $465–$469

My working range

$AMD(AMD.US): $465 downside ↔ $572 upside

7-day IV is near 99.4%, versus roughly 80.7% at 30 days, meaning the earnings premium is heavily concentrated in the front end.

Key takeaway:

A move inside roughly ±10% is “expected” and could still produce major IV crush.

A move above $572 or below $465 would represent a genuine options-market surprise.

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