Earnings Dashboard
APP
upcomingAppLovin Corp Ordinary Shares - Class A
Time TBDlarge capWednesday, May 6, 2026
Expected Move Analysis
Expected
19.3%
Current Stock Price
$446.35
Expected Move
±19.3%
±$86.10
IV Rank
52
High
Put/Call Ratio
0.90
Bullish bias
Analysis & Commentary
AppLovin Corp Ordinary Shares - Class A (APP) reports earnings Wednesday . Consensus EPS estimate is $3.36.
IV Rank sits at 52, indicating fairly-priced options. Neither premium sellers nor buyers have a clear structural edge here — let your directional thesis guide the trade.
An iron butterfly at the money could be effective here. The defined-risk structure works well when you expect the stock to stay near current levels after the report.
Enter the position 1-2 days before earnings to capture the final IV ramp. Plan to close the morning after the report once IV collapses — don't hold hoping for further decay.