OB
OptionBigBull
Earnings Dashboard

MO

upcoming

ALTRIA GROUP INC

Time TBDlarge capThursday, April 30, 2026

Expected Move Analysis

Expected
4.5%
Current Stock Price

$72.65

Expected Move

±4.5%

±$3.28

IV Rank

81

High

Put/Call Ratio

1.15

Bearish bias

Analysis & Commentary

ALTRIA GROUP INC (MO) reports earnings Thursday . Consensus EPS estimate is $1.25.

IV Rank is elevated at 81, 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 ±4.5% 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.