Earnings season continues with big names like Costco, Broadcom, Adobe Systems, and Oracle set to report Q3 numbers. Implied volatility is high before earnings, creating trading opportunities. Expected ranges for these stocks on Wednesday and Thursday are 3.9%-10.9%. Traders can use this data to structure trades like bear call spreads or iron condors.

Last week’s earnings moves saw some companies exceeding expectations, with 9 out of 11 moving higher post-announcement. Unusual options activity was observed in stocks like MRNA, AAL, COIN, DKNG, SMCI, NOW, and NFLX. It’s important to remember the risks involved in options trading and to conduct thorough research before making investment decisions.

Read more at Barchart: Option Volatility and Earnings Report for December 8