The Options Desk
The Options Desk · Week of Oct 19, 2026

Earnings Implied Moves: Oct 19–23, 2026 — What Options Priced, and What Happened

Every US name reporting that week — the implied move vs. its historical earnings move — plus the SPY/QQQ/IWM expected ranges and walls. Anchored to the prior Friday’s close (Oct 16, 2026).

The Index Read · What Options Price for the Week

That week’s US macro: Building Permits, Housing Starts, Initial Jobless Claims, Continuing Jobless Claims, Jobless Claims 4-Week Average. Here’s the weekly move options are pricing across the majors — and the walls that box it in.

● implied range● put wall● hedge wall● spot● call wall
SPY S&P 500
implied ±1.6%
spot $763.25
$751.04–$775.46 · put 755 · hedge 774 · call 800
QQQ Nasdaq-100
implied ±2.6%
spot $709.80
$691.35–$728.25 · put 700 · hedge 737 · call 760
IWM Russell 2000
implied ±2.1%
spot $270.44
$264.76–$276.12 · put 270 · hedge 280 · call 300
How to read the walls

● Put wall — support. Heavy put positioning tends to act as a floor.

● Hedge wall — the pivot. Above it moves dampen (range-bound); below it they accelerate.

● Call wall — resistance. Heavy call positioning tends to cap the upside. More on call, put and hedge walls.

Walls move every trading day; these are Friday’s close (Oct 16). OptionPilot recomputes them each morning before the open.

The Macro Calendar · US Releases That Week

The scheduled US data inside this week’s expiry — the events the index ranges above already have to cover.

DateEventImpact
Tue Oct 20Building Permits (Sep)High
Tue Oct 20Housing Starts (Sep)High
Thu Oct 22Initial Jobless Claims (Oct/17)High
Thu Oct 22Continuing Jobless Claims (Oct/10)High
Thu Oct 22Jobless Claims 4-Week Average (Oct/17)High

The Earnings Read · Every US Name Reporting That Week (Mon–Fri)

54 US companies report the week of Oct 19. The widest implied move is RNG at ±13.3%; the biggest name reporting is META at ±5.6%. Against their own earnings history, 29 are priced rich and 11 have room to run. 2 of 54 have reported so far that week — the rest are still ahead.

What the options market priced into each report — versus how much the stock has actually moved on its past prints. Sorted by market cap within each day.

Stock & reportMkt
cap
Options
implied
Actual move
avg · max
What
happened
The tell
Mon Oct 19
SMMTpre-mkt$12B±11.3%±9.8%
max 15%
+6.4%1.2× RICH
AGNCpost-mkt$10B±5.0%±2.3%
max 4%
upcoming2.2× RICH
CLFpre-mkt$7B±12.2%±13.5%
max 22%
+16.3%FAIRLY PRICED
Tue Oct 20
GEpre-mkt$326B±6.2%±5.7%
max 9%
upcomingFAIRLY PRICED
NFLXpost-mkt$294B±9.5%±6.6%
max 11%
upcoming1.4× RICH
RTXpre-mkt$261B±5.1%±5.0%
max 10%
upcomingFAIRLY PRICED
ISRGpost-mkt$151B±7.9%±5.4%
max 14%
upcoming1.5× RICH
COFpost-mkt$124B±5.5%±3.8%
max 8%
upcoming1.4× RICH
MMMpre-mkt$85B±6.1%±5.6%
max 8%
upcomingFAIRLY PRICED
GMpre-mkt$74B±6.3%±9.1%
max 15%
upcomingCAN RUN MORE
UALpre-mkt$31B±7.1%±5.1%
max 12%
upcoming1.4× RICH
HALpre-mkt$28B±5.7%±5.1%
max 12%
upcomingFAIRLY PRICED
NLYpost-mkt$14B±3.6%±1.5%
max 4%
upcoming2.4× RICH
Wed Oct 21
METApost-mkt$1.8T±5.6%±7.1%
max 11%
upcomingCAN RUN MORE
TSLApost-mkt$1.4T±7.4%±7.3%
max 22%
upcomingFAIRLY PRICED
LRCXpost-mkt$330B±8.2%±5.2%
max 7%
upcoming1.6× RICH
PMpre-mkt$320B±5.0%±6.1%
max 11%
upcomingCAN RUN MORE
SAPpost-mkt$261B±7.2%±5.3%
max 15%
upcoming1.4× RICH
TMOpre-mkt$255B±6.2%±4.1%
max 9%
upcoming1.5× RICH
TXNpost-mkt$252B±8.4%±7.8%
max 13%
upcomingFAIRLY PRICED
IBMpost-mkt$219B±7.7%±6.7%
max 13%
upcomingFAIRLY PRICED
ABTpre-mkt$181B±5.5%±5.1%
max 10%
upcomingFAIRLY PRICED
NEEpre-mkt$166B±4.0%±3.3%
max 6%
upcoming1.2× RICH
DHRpre-mkt$161B±6.9%±5.4%
max 10%
upcoming1.3× RICH
Tpre-mkt$161B±5.0%±3.6%
max 6%
upcoming1.4× RICH
CMEpre-mkt$106B±3.8%±1.3%
max 3%
upcomingOUTSIZED PREMIUM
CSXpost-mkt$90B±4.8%±2.7%
max 7%
upcoming1.8× RICH
KMIpre-mkt$76B±3.4%±2.2%
max 5%
upcoming1.5× RICH
URIpost-mkt$64B±8.1%±7.2%
max 13%
upcomingFAIRLY PRICED
LVSpost-mkt$25B±6.6%±8.5%
max 14%
upcomingCAN RUN MORE
LUVpost-mkt$19B±6.6%±7.9%
max 19%
upcomingCAN RUN MORE
QSpre-mkt$2B±11.7%±11.1%
max 26%
upcomingFAIRLY PRICED
Thu Oct 22
PGpre-mkt$370B±3.7%±2.0%
max 4%
upcoming1.9× RICH
UNPpre-mkt$172B±4.3%±3.4%
max 5%
upcoming1.3× RICH
VLOpre-mkt$128B±6.5%±3.0%
max 7%
upcoming2.2× RICH
LMTpre-mkt$127B±4.9%±5.7%
max 11%
upcomingCAN RUN MORE
NEMpost-mkt$125B±5.6%±6.8%
max 15%
upcomingCAN RUN MORE
WDCpost-mkt$124B±10.7%±7.7%
max 10%
upcoming1.4× RICH
BXpre-mkt$123B±6.3%±4.8%
max 8%
upcoming1.3× RICH
SPOTpre-mkt$109B±9.5%±9.9%
max 15%
upcomingFAIRLY PRICED
CMCSApre-mkt$78B±6.7%±4.6%
max 11%
upcoming1.5× RICH
HONpre-mkt$67B±5.1%±5.7%
max 7%
upcomingCAN RUN MORE
BEpost-mkt$65B±12.1%±10.5%
max 23%
upcoming1.2× RICH
NDAQpre-mkt$53B±4.6%±2.4%
max 6%
upcoming1.9× RICH
NOKpre-mkt$49B±10.3%±7.8%
max 11%
upcoming1.3× RICH
PCGpost-mkt$35B±5.2%±2.0%
max 4%
upcomingOUTSIZED PREMIUM
PHMpre-mkt$22B±5.4%±6.3%
max 12%
upcomingCAN RUN MORE
DOWpre-mkt$22B±6.3%±7.3%
max 18%
upcomingCAN RUN MORE
TSCOpre-mkt$17B±8.5%±4.2%
max 8%
upcoming2.0× RICH
DECKpost-mkt$12B±10.6%±16.2%
max 21%
upcomingCAN RUN MORE
AALpre-mkt$8B±7.0%±6.5%
max 10%
upcomingFAIRLY PRICED
RNGpost-mkt$6B±13.3%±13.8%
max 34%
upcomingFAIRLY PRICED
Fri Oct 23
AXPpre-mkt$212B±4.8%±3.3%
max 7%
upcoming1.5× RICH
SLBpre-mkt$73B±5.5%±3.2%
max 6%
upcoming1.7× RICH

Implied move = live ATM straddle for the expiry covering the report. Actual move = the stock’s own 1-day earnings reaction over its last reported quarters — avg is typical, max the biggest. “What happened” = the realized move this week. “pre/post-mkt” = reports before the open / after the close. “Can run more” = options price less than history; “rich” = more; “outsized premium” = far above (usually a special catalyst).

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Educational, not investment advice. Options involve risk. Implied moves reflect live at-the-money straddle prices; historical moves are averages of past reported quarters and are not a forecast.