After hours
⌘K
Sign in Sign up

Warner Music Group Corp WMG 31.92 -0.63 -1.94%

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 · $31.92
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±1.6% ±$0.50 $31.42 – $32.42 $31.31 – $32.53 $30.84 – $33.00
2 sessions ±2.2% ±$0.70 $31.22 – $32.62 $31.07 – $32.77 $30.41 – $33.43
3 sessions ±2.8% ±$0.88 $31.04 – $32.80 $30.87 – $32.97 $30.04 – $33.80
1 week ±3.5% ±$1.12 $30.80 – $33.04 $30.55 – $33.29 $29.53 – $34.31
2 weeks ±4.9% ±$1.57 $30.35 – $33.49 $29.97 – $33.87 $28.56 – $35.28
3 weeks ±6.1% ±$1.95 $29.97 – $33.87 $29.50 – $34.34 $27.80 – $36.04
1 month ±7.3% ±$2.32 $29.60 – $34.24 $29.02 – $34.82 $26.99 – $36.85
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. WMG reports in 10 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
±6.78%
Average actual move
5.82%
Beyond the implied move
1 / 2
Median IV change
-39.95%
Reaction session Implied Actual Used ATM IV before → after
August 07, 2025 ±6.66% +3.70% 0.55× —
May 08, 2025 ±6.90% -7.94% 1.15× —
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →