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Tencent Music Entertainment Group American TME 9.45 -0.03 -0.32%

Previous-day view · Thu Nov 5 close. You are previewing the previous trading day. Subscribe to see today live and every other date — Trader is $59/mo. Sign up Sign in

Expected move

November 05, 2026 close · $9.45
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±1.7% ±$0.16 $9.29 – $9.61 $9.25 – $9.65 $9.10 – $9.80
2 sessions ±2.4% ±$0.23 $9.22 – $9.68 $9.17 – $9.73 $8.96 – $9.94
3 sessions ±3.0% ±$0.29 $9.16 – $9.74 $9.11 – $9.79 $8.84 – $10.06
1 week ±3.9% ±$0.36 $9.09 – $9.81 $9.00 – $9.90 $8.67 – $10.23
2 weeks Earnings ±9.8% ±$0.93 $8.52 – $10.38 $8.30 – $10.60 $7.49 – $11.41
3 weeks Earnings ±10.6% ±$1.00 $8.45 – $10.45 $8.21 – $10.69 $7.35 – $11.55
1 month Earnings ±11.4% ±$1.08 $8.37 – $10.53 $8.11 – $10.79 $7.18 – $11.72
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. TME reports in 8 sessions; only the horizons marked Earnings include its jump. Draw the cone on the chart →

Volatility premium

Beta
The forecast is for the current session, which this plan does not open.

Earnings: priced against what happened

Average implied move
±9.37%
Average actual move
8.10%
Beyond the implied move
3 / 6
Median IV change
-21.10%
Reaction session Implied Actual Used ATM IV before → after
August 11, 2026 ±9.60% -11.92% 1.24× —
May 12, 2026 ±8.43% -1.31% 0.15× —
August 12, 2025 ±7.82% +11.85% 1.52× —
May 13, 2025 ±8.37% +2.51% 0.30× —
March 18, 2025 ±10.34% +15.54% 1.50× 66.8% → 52.7%
November 12, 2024 ±11.69% -5.45% 0.47× —
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →