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HSBC Holdings PLC HSBC 87.06 -1.0 -1.14%

Previous-day view · Fri Nov 6 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 06, 2026 close · $87.05
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±1.3% ±$1.14 $85.91 – $88.19 $85.68 – $88.42 $84.60 – $89.50
2 sessions ±1.8% ±$1.58 $85.47 – $88.63 $85.13 – $88.97 $83.64 – $90.46
3 sessions ±2.3% ±$1.99 $85.06 – $89.04 $84.67 – $89.43 $82.80 – $91.30
1 week ±2.9% ±$2.53 $84.52 – $89.58 $83.95 – $90.15 $81.65 – $92.45
2 weeks ±3.9% ±$3.43 $83.62 – $90.48 $82.81 – $91.29 $79.74 – $94.36
3 weeks ±4.8% ±$4.20 $82.85 – $91.25 $81.84 – $92.26 $78.19 – $95.91
1 month ±5.7% ±$4.96 $82.09 – $92.01 $80.85 – $93.25 $76.53 – $97.57
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. 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
±4.09%
Average actual move
3.61%
Beyond the implied move
3 / 7
Median IV change
-5.18%
Reaction session Implied Actual Used ATM IV before → after
October 27, 2026 ±4.50% -5.70% 1.27× —
August 04, 2026 ±4.03% -1.69% 0.42× —
May 05, 2026 ±4.08% -3.03% 0.74× —
February 25, 2026 ±4.18% +7.19% 1.72× —
July 30, 2025 ±3.69% -5.50% 1.49× —
April 29, 2025 ±4.04% +2.01% 0.50× 30.4% → 28.8%
February 19, 2025 ±4.13% +0.14% 0.03× —
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →