SJM
upcomingSMUCKER J M COMPANY
Expected Move Analysis
$100.52
±8.3%
±$8.31
68
High
0.90
Bullish bias
Analysis & Commentary
SMUCKER J M COMPANY (SJM) reports earnings Tuesday . Consensus EPS estimate is $2.66.
The expected move of ±8.3% translates to roughly ±$8.53 from the current price of $103.20. This defines the range the market is pricing in for the post-earnings reaction.
IV Rank is elevated at 68, 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.