The options market has prepared for bigger-than-usual moves in the stocks of a trio of trillion-dollar companies, the day after they report quarterly earnings results.
That’s because the implied volatility, or how much a stock can be expected to move over a certain period, of the stocks for
Apple
(ticker: AAPL),
Alphabet
(GOOGL) and
Amazon.com
(AMZN) remain elevated, even as implied volatility for the
S&P 500
index has fallen to 13-month lows.