Earnings are set to hit the tape on Wednesday, after the closing bell, and options traders are already laying down markers on how violent the post-print reaction could be, according to Benzinga Pro.

This is a Benzinga-selected watchlist spanning consumer, software, semiconductors and cybersecurity.

The marquee name on the list is Microsoft Corp — but the biggest implied move is saved for the end as the countdown runs from the calmest setup to the most volatile. 5.

Starbucks Corp | Mkt Cap: $119B | Implied Move: 5.76% Starbucks Corp (NASDAQ:SBUX) reports third quarter of 2026 results, with Wall Street looking for 65 cents in earnings per share on $9.16 billion in revenue.

That stacks up against 50 cents on $9.46 billion in the year-ago quarter, setting up a print where profit growth and the top line are moving in different directions.