1241 GMT - Investors are betting via the options market that Amazon's stock could move sharply in either direction following Thursday's earnings report, Saxo strategists say in a note. Straddle options--where investors who expect a sharp move buy both a bet on an asset falling and a bet on it rising--are pricing in a 7% swing, they say. This makes it "the most attractive for volatility trades." For Meta and Microsoft, however, which report earnings after Wednesday's close, straddle options suggest a muted move in those stocks unless the earnings reveal something unexpected, the strategists say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 08:41 ET (12:41 GMT)
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