Options market pricing suggests that Class A shares of GitLab Inc. (NASDAQ: GTLB) may move roughly 14% following the company’s earnings release scheduled for June 2 after the market close, according to options data compiled by Bloomberg.
The options-derived figure represents traders' collective expectations for how far the stock could move in either direction as a result of the report. Using that implied move as a benchmark, recent history offers a mixed picture.
Across the eight most recent earnings announcements included in the options dataset, the stock’s actual post-earnings performance exceeded the options-implied range on two occasions. On September 3, 2024, shares rallied 14.9% after the earnings release, topping the 14% implied move. On June 3, 2024, the stock posted an 18.9% decline, larger than the 14.4% implied move for that event.
For the other six earnings events since June 2024, the reported price changes remained within the bounds predicted by options traders. The latest quarterly release on March 3 produced a 4.2% price change compared with a 13.3% implied move. Separately, the December 2, 2025 report saw shares fall 8.7% while the options market had implied a 13.9% potential move.
These data points illustrate that while options-implied ranges offer a market-derived estimate of expected volatility around earnings, actual outcomes can either fall short of or exceed those expectations. In GitLab’s case, most recent results were contained within the implied bands, but there are clear precedents for larger-than-expected reactions.
Investors and market participants monitoring the June 2 release can use the options-implied move as a reference for potential share-price volatility, while remaining aware that historical results have sometimes diverged from those expectations.
Details preserved from options dataset
- Implied move for June 2 earnings: about 14% (options data, Bloomberg).
- September 3, 2024: actual move 14.9% vs 14% implied.
- June 3, 2024: actual move -18.9% vs 14.4% implied.
- March 3 (most recent): actual move 4.2% vs 13.3% implied.
- December 2, 2025: actual move -8.7% vs 13.9% implied.