OB
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Earnings Dashboard

ED

upcoming

CONSOLIDATED EDISON INC

Time TBDlarge capThursday, May 7, 2026

Expected Move Analysis

Expected
6.0%
Current Stock Price

$111.49

Expected Move

±6.0%

±$6.72

IV Rank

72

High

Put/Call Ratio

1.15

Bearish bias

Analysis & Commentary

CONSOLIDATED EDISON INC (ED) reports earnings Thursday . Consensus EPS estimate is $2.37.

IV Rank is elevated at 72, 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 ±6.0% 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.