Options market signals suggest Amcor Plc could see a 5.4% price move when it releases earnings on Aug. 12 before the market opens, according to options data compiled by Bloomberg. The figure is the options-implied expected move for the packaging company around that announcement.
Looking back at Amcor's recent earnings dates, the stock has at times moved by amounts larger than those implied by options and at times by smaller amounts. In the most recent eight reported quarters referenced by the options data, the stock's actual post-announcement moves exceeded the options-implied range in four instances.
Those past implied versus actual moves were recorded as follows:
- May 6 - options implied a 5.7% move; the actual share-price change was 4.3%.
- Feb. 3 - implied 3.6%; the stock moved 9.1%.
- Nov. 5, 2025 - implied 5.5%; the stock declined 1.6%.
- Aug. 14, 2025 - implied 4.9%; the stock fell 6.9%.
- April 30, 2025 - implied 3.1%; the stock dropped 5.0%.
- Feb. 4, 2025 - implied 2.8%; the stock rose 1.6%.
- Oct. 31, 2024 - implied 3.9%; the stock fell 7.1%.
- Aug. 15, 2024 - implied 3.6%; the stock gained 0.6%.
Those comparisons show that while options pricing provides a market-derived expectation for how far a stock may move around an earnings report, actual share-price reactions can diverge materially from that expectation. For Amcor, some earnings events produced moves that were substantially larger than the options-implied percentages, while others produced smaller changes or moves in the opposite direction.
Investors and traders monitoring Amcor ahead of the Aug. 12 report may use the 5.4% implied move as a reference point for potential volatility, but the historical record included here underscores that outcomes have varied across past announcements.
Note: The implied move figure cited above is derived from options data compiled by Bloomberg and reflects market pricing ahead of the company's scheduled earnings release.