Tower Semiconductor Ltd TSEM 148.8 -14.26 -8.75%
Expected move
November 04, 2026 close · $149.00| Horizon | Expected move | Typical range | 2 in 3 closes | 9 in 10 closes |
|---|---|---|---|---|
| Next session | ±4.3% ±$6.48 | $142.52 – $155.48 | $141.22 – $156.78 | $135.10 – $162.90 |
| 2 sessions | ±6.0% ±$9.00 | $140.00 – $158.00 | $138.08 – $159.92 | $129.57 – $168.43 |
| 3 sessions | ±7.6% ±$11.34 | $137.66 – $160.34 | $135.47 – $162.53 | $124.85 – $173.15 |
| 1 week | ±9.7% ±$14.42 | $134.58 – $163.42 | $131.37 – $166.63 | $118.29 – $179.71 |
| 2 weeks | ±13.6% ±$20.23 | $128.77 – $169.23 | $123.97 – $174.03 | $105.83 – $192.17 |
| 3 weeks | ±15.4% ±$22.92 | $126.08 – $171.92 | $120.51 – $177.49 | $100.56 – $197.44 |
| 1 month | ±16.7% ±$24.82 | $124.18 – $173.82 | $118.01 – $179.99 | $96.36 – $201.64 |
Earnings: priced against what happened
Average implied move
±11.51%
Average actual move
9.04%
Beyond the implied move
2 / 6
Median IV change
-21.53%
| Reaction session | Implied | Actual | Used | ATM IV before → after |
|---|---|---|---|---|
| November 02, 2026 | ±12.97% | -6.70% | 0.52× | — |
| August 04, 2026 | ±13.59% | +2.22% | 0.16× | — |
| May 13, 2026 | ±12.66% | +22.61% | 1.79× | 108.7% → 99.7% |
| August 04, 2025 | ±11.19% | +14.13% | 1.26× | — |
| May 14, 2025 | ±7.98% | +5.11% | 0.64× | — |
| February 10, 2025 | ±10.69% | -3.45% | 0.32× | 66.2% → 43.2% |