Options markets are pricing in roughly a 12% share-price swing for Globant SA when the company posts quarterly results following the close on Nov. 19, according to compiled options data.
The 12% figure represents the market's expected absolute move derived from option premiums ahead of the earnings announcement. That implied move is a forward-looking estimate of price volatility around the report and reflects option traders' collective expectations.
Looking at Globant's recent earnings history shows that actual stock reactions have frequently differed from what options implied. In the last eight earnings reports, the stock exceeded the options-implied magnitude of movement on four occasions, and fell short on the others.
Specific past earnings-day outcomes include:
- Aug. 13 (most recent): The share price fell 2.6%, while options had pointed to a potential 12.8% move.
- May 14: Shares declined 4.4% versus an implied 12.8% movement from options.
- Feb. 26: The stock rose 0.6%, compared with an implied move of 10.3%.
- Nov. 13, 2025: The report produced a 1.4% gain versus an expected 13.4% movement.
- Aug. 14, 2025: The stock dropped 15.6%, exceeding an implied 12.1% move.
- May 15, 2025: Shares fell 17.5% compared to an 8.3% implied move.
- Feb. 20, 2025: The announcement resulted in a 30.7% decline versus a 6.5% implied move.
- Nov. 14, 2024: The stock declined 7.1%, matching the 7.1% implied movement.
These past outcomes illustrate that options-implied moves are not guarantees of future price behavior; actual earnings-day volatility for Globant has sometimes been substantially larger than what option markets suggested and at other times smaller. Investors and traders monitoring the name should be prepared for a range of possible stock reactions on Nov. 19 given the history of divergence between implied and realized moves.
Summary of what to watch
Options currently imply about a 12% absolute move for Globant when it reports after the close on Nov. 19. Historical data over the last eight earnings events show four instances where the stock moved more than the implied amount and four where it moved less or matched the expectation.