Earnings Dashboard
LHX
upcomingL3Harris Technologies, Inc. Common Stock
Time TBDlarge capThursday, April 30, 2026
Expected Move Analysis
Expected
5.5%
Current Stock Price
$320.55
Expected Move
±5.5%
±$17.73
IV Rank
86
High
Put/Call Ratio
1.15
Bearish bias
Analysis & Commentary
L3Harris Technologies, Inc. Common Stock (LHX) reports earnings Thursday . Consensus EPS estimate is $2.57.
IV Rank is elevated at 86, 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 ±5.5% 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.