Earnings are set to hit the tape on Tuesday, and the options market is already sketching out the size of the post-print swing investors may have to stomach. For retail traders, implied moves can be a quick gut-check on whether a setup is pricing in a routine reaction — or a potential air pocket — according to Benzinga Pro.
This is a Benzinga-selected watchlist spanning healthcare distribution, athletic footwear, LNG, optical components and AI infrastructure. The marquee name on the list is Lumentum, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
6. Cardinal Health | Mkt Cap: $56B | Implied Move: 6.83%
Options are pricing in a 6.83% move, Benzinga Pro data show. With Cardinal Health valued at $55.6 billion, that’s about $3.8 billion of market value at stake around the print.
Cardinal Health sits at the center of U.S. drug distribution, sourcing and moving branded, generic and specialty pharmaceuticals to pharmacies and healthcare providers. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast; in July, Citigroup, Mizuho, and UBS raised their price forecasts.
