BABA is scheduled to report before the market open and the options market is pricing in a move of +/- $6.50 or +/-8.65%. Based on Friday’s closing price, the upper range is near the July 27, 2015 price gap level at 81.70, and the lower range is near the October 21, 2015 pivot low at 68.89.
BABA
(click on the chart to enlarge)
After the close on Tuesday, AAPL and TWTR will be reporting their Q3 earnings.
For AAPL, the options market is pricing in a move of +/-$6.74 or 5.3%. The range is between 125.81 and 112.35, where the upper range level is in confluent with a potential resistance level at 125.62, and the lower range level is in confluent with a 50% retracement level at 112.30.
AAPL
The options market is pricing in a +/-12.2% or +/-$3.70 price move for TWTR earnings. The upper range based on latest closing price is near the July 28, 2015 price gap level of 34.14 and the lower range level is near a potential support level at 26.99.
TWTR
All these projected price range and price movement are subject to change. Pay attention to the support and resistance levels as the market will typically set the price move that will be in confluent with those levels.
