Expected move
Options market pricing points to an implied move of 5.2% for Intuit Inc. when the company reports earnings on Nov. 19 after the market close, based on options data compiled by Bloomberg.
How history stacks up
Looking back at recent reports, Intuit's actual share moves have often differed materially from the options-implied moves. In five of the last eight earnings announcements, the stock's reaction exceeded the magnitude suggested by options.
- On Aug. 25, options had implied an 8.4% move; the shares instead rose 3.1%.
- On May 20, the implied move was 8.3%, while the stock fell 20.8%.
- On Feb. 26, options indicated a 10.3% move, and shares gained 5.0%.
- On Nov. 20, 2025, the implied move was 5.7%, with the stock rising 0.6%.
- On Aug. 21, 2025, options suggested a 5.5% move, and shares dropped 6.9%.
- On May 22, 2025, the implied move was 5.7%, while the stock jumped 10.3%.
- On Feb. 25, 2025, options indicated a 5.7% move, and shares rose 6.5%.
- On Nov. 21, 2024, the implied move was 6.0%, and the stock fell 9.4%.
What this means for investors
The options market is signaling a notable degree of volatility around Intuit's Nov. 19 earnings release. Historical comparisons show the stock has both under-reacted and over-reacted relative to implied moves, producing outcomes on both sides of the ledger in recent reporting cycles.
Summary of facts
- Options-derived implied move for Nov. 19 earnings: 5.2%
- Source of options data: Bloomberg
- Company: Intuit Inc.
Limitations
The options-implied move is an estimate based on current options prices; past discrepancies between implied and actual moves indicate that realized post-earnings price changes can be materially different.