OB
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Earnings Dashboard

CTRA

upcoming

Contura Energy, Inc. Common Stock

Time TBDlarge capMonday, May 4, 2026

Expected Move Analysis

Expected
7.9%
Current Stock Price

$35.91

Expected Move

±7.9%

±$2.85

IV Rank

92

High

Put/Call Ratio

1.15

Bearish bias

Analysis & Commentary

Contura Energy, Inc. Common Stock (CTRA) reports earnings Monday . Consensus EPS estimate is $0.47.

IV Rank is elevated at 92, 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.

A short strangle with strikes beyond the ±7.9% expected move could capture the IV crush. This is a higher-risk play — consider defined-risk alternatives or strict position sizing.

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.