The options market is pricing a ±4.6% (±$27.72) move for DE's 2026-08-20 · before open report. Over its last 8 reports, DE has actually moved ±6.2% on average (biggest: ±11.6%). That's a 1.36× realized-vs-implied ratio, so the options look underpriced — DE has historically moved more than the market prices in, which favors buying premium (long straddle/strangle) into the print. It has exceeded the implied move in 75% of those prints, beaten EPS estimates 88% of the time (8 quarters), and the 1-day reaction has been positive 50% of the time (avg +1.2%).
Longer run: across all 19 reports on record (since 2019-11-27), the options overpriced DE's move 32% of the time — less often than the 57% market-wide average. Median actual move was 1.34× the implied (mean implied ±4.1%, mean actual ±5.5%), so on this longer sample the options screen cheap. See how that compares across 2,422 prints →
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-05-21 | 5.81 | 6.55 | beat | ±4.6% | -5.2% | -5.5% |
| 2026-02-19 | 1.92 | 2.42 | beat | ±4.8% | +11.6% | +5.1% |
| 2025-11-26 | 3.96 | 3.93 | miss | ±4.2% | -5.7% | -5.8% |
| 2025-08-14 | 4.62 | 4.75 | beat | ±4.4% | -6.8% | -4.1% |
| 2025-05-15 | 5.68 | 6.64 | beat | ±4.2% | +3.8% | +3.4% |
| 2025-02-13 | 3.14 | 3.19 | beat | ±3.9% | -2.2% | +6.9% |
| 2024-11-21 | 3.90 | 4.55 | beat | ±4.1% | +8% | +15.1% |
| 2024-08-15 | 5.80 | 6.29 | beat | ±4.7% | +6.3% | +7.3% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
DE is scheduled to report on 2026-08-20, before the open. Dates can shift until the company confirms.
The options market is pricing an expected move of about ±4.6% (±$27.72) for DE's upcoming report — the size of the move the ATM straddle is pricing in.
Over its last 8 reports, DE has beaten EPS estimates 88% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, DE moved ±6.2% on average versus a ±4.6% implied move — a 1.36× ratio, so the options have been cheap (it moves more than priced). It exceeded the implied move 75% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See DE's positioning too: DE gamma exposure → · DE options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
