Options traders are forecasting big moves for tech stocks after their upcoming earnings.
Investors are pricing in outsize swings for Facebook Inc., FB, AAPL and when the companies release their quarterly results this week.
Options prices forecast a swing of 8.2% in Facebook shares in the days after the social-media company posts earnings on Tuesday after the market close, data from Trade Alert showed as of Friday.
Globally, people are souring on big tech and I expect that trend to continue. And FB has made changes to their ad platform that has made customer acquisition increasingly more difficult. That should have a direct impact to their top and bottom lines.