Earnings are back in focus on July 21, 2026, and the options market is already laying down markers for how violent the post-print reaction could be. For retail investors, implied moves can help frame risk around the report — not as a prediction of direction, but as a snapshot of what traders are paying up for in near-dated protection and leverage, according to Benzinga Pro.
This Benzinga-selected watchlist includes brokers, a homebuilder, an energy producer and a mortgage REIT. The marquee name on the list is Charles Schwab, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
7. Annaly Capital Management Inc. | Mkt Cap: $17B | Implied Move: 2.36%
Options traders are pricing in a 2.36% move, Benzinga Pro data show. With Annaly Capital Management valued at $16.7 billion, that implies about $394 million of market value at stake around the print.
Shares have traded largely flat in 2026, down 0.9% year-to-date, while trading 2.3% above the 200-day moving average since the 50-day moving average crossed below the 200-day in May.
