Earnings Dashboard
CBOE
upcomingCBOE HOLDINGS INC
Time TBDlarge capFriday, May 1, 2026
Expected Move Analysis
Expected
4.2%
Current Stock Price
$300.09
Expected Move
±4.2%
±$12.45
IV Rank
69
High
Put/Call Ratio
0.90
Bullish bias
Analysis & Commentary
CBOE HOLDINGS INC (CBOE) reports earnings Friday . Consensus EPS estimate is $2.81.
IV Rank is elevated at 69, indicating options premiums are pricing in a larger-than-usual move. This creates an edge for premium sellers — the IV crush after the event can be significant.
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.