Options activity ahead of Wix.com Ltd.'s upcoming earnings report suggests the market is pricing in a roughly 7.5% price move when the company reports on May 13 before trading opens. That implied figure comes from options data compiled by Bloomberg.
Wix's actual stock reactions to prior earnings have often outstripped what options implied. Across the past eight earnings announcements, the share price moved by a larger amount than the options market predicted on six occasions.
Specific post-earnings moves illustrate the gap between implied and realized volatility. On March 4, Wix shares climbed 27.9% after the company's results, compared with an implied move of 12.7%. On Nov. 19, 2025, the stock declined 25.2%, a larger move than the 11.8% implied by options.
Other recent examples include the Aug. 6, 2025 reaction, when shares fell 13.4% versus an 8.3% implied move, and the May 21, 2025 drop of 17.6% against a 3.0% implied change. Going further back, on May 20, 2024 the stock rose 37.4%, well above the 8.8% implied move. On Nov. 20, 2024, Wix shares increased 11.3%, exceeding the 10.0% option-implied move.
These instances highlight recurring instances in which actual price swings around earnings announcements were substantially larger than what option-implied metrics suggested. For traders and investors, that divergence between implied and realized volatility can affect positioning ahead of the May 13 report.
What to watch
- Options-implied move: ~7.5% around the May 13 pre-market earnings release.
- Historical behavior: In six of the last eight earnings events, the stock's post-earnings move exceeded the options-implied magnitude.
- Notable past moves: gains of 27.9% and 37.4%, and declines as large as 25.2% and 17.6% following earnings announcements.
Market participants who use options-based expectations as a guide should be aware that Wix's historical earnings reactions have frequently been more extreme than implied. That pattern may influence trading strategies, hedging decisions, and risk management for those exposed to the stock or to related options positions.