Option Implied Move Suggest Microsoft Price Volatility After Earnings.
@nerdbull1669:
$Microsoft(MSFT)$ will be announcing their fiscal Q1 2024 result on 24 Oct after market close. There have been positive market anticipation on how Microsoft earnings would be like. Market is expecting an increase in revenue and also the earnings per share for this fiscal quarter, but how would Microsoft stock price move with relation to the earning result release. In this article I will be sharing how we can look at the option side of things, and what does the option data show us, and how Microsoft might move. But this is based on the relationship of different data points, I think it would still be better to monitor the price action plus understanding options pricing and implied volatility is crucial for accurately interpreting and using this info