Options Market Bets on Big Earnings Swings for Arm, Qualcomm and Peers

Options traders are positioning for sharp post-earnings moves across a swath of technology, e-commerce and automotive names scheduled to release quarterly results on 30–31 July. Pricing in the weekly options market shows implied swings of about 10% for Arm Holdings, 7% for eBay, 13.5% for used-car platform Carvana and 6% for Ford Motor. In the semiconductor sector, a 7% move is priced for Qualcomm, whose results will be scrutinised for the impact of U.S.–China trade rules and its push into artificial-intelligence chips. Smaller but still elevated expectations are evident in cryptocurrency-linked names, with a 5.5% move implied for MicroStrategy and 7% for Coinbase, both set to report after the bell on 31 July. The cluster of double-digit implied moves underscores investors’ uncertainty over corporate guidance amid shifting trade policy and uneven consumer demand, and highlights the potential for heightened volatility in the immediate aftermath of this earnings wave.