Prepare before earnings

AS · Amer Sports, Inc. Ordinary Shares

Reports in 17 days · Nov 17, 2026 · Before open (BMO) · $29.43

Quote as of Oct 30, 2026 · Entry today: T−17 · New York calendar dates

Earnings calendar
Liquidity warning. Median quoted bid/ask spread across the captured chain: 45.3% of midpoint. Examples use the bid/ask midpoint regardless of spread width. Spreads are informational; midpoint execution is not guaranteed.

Prepare your earnings trade

T−17 entry · compare strategies

Compare returns and downside before choosing a strategy. Returns include stored modeled fill costs and commissions.

Before earnings / earlier expiration: the stored exit can be earlier when the contracts expire.

Today is T−17 (Oct 31, 2026). Every entry day uses its own historical contracts and quotes. Latest quote date: Oct 30, 2026 (T−18).

No stored results for this entry, exit rule and entry sample. Choose another entry day or watch this ticker for updated coverage.

Jan 28, 2014 – Aug 18, 2026 · percentage return on modeled maximum loss · dollar P&L per one-lot structure. Samples can differ between strategies.

Current trade examples use today's verified event and latest completed-session quotes. Changing the historical entry day does not change the displayed contracts. Exit controls also check whether the legs can support that exit.

StrategyAverage returnMedian returnHistorical win rateEarnings testedAverage P&LWorst observedCurrent trade example
No entry trading session——————
Current trade example · T−17

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

No entry trading session——————
Current trade example · T−17
  • Sell to open 1 AS $27.50 putExpires Nov 20, 2026 · 20 DTE todayDelta -0.30 · Bid $0.55 / ask $1.30Midpoint $0.93 · Spread 81.1% of midpoint (informational)Volume 34 · Open interest 1,097
  • Buy to open 1 AS $25.50 putExpires Nov 20, 2026 · 20 DTE todayDelta -0.16 · Bid $0.35 / ask $0.55Midpoint $0.45 · Spread 44.4% of midpoint (informational)Volume 1 · Open interest 84
Estimated credit
$47.50 / one structure
Maximum loss before fees
$152.50
Expiration breakeven
$27.03
Before-earnings exit
Nov 16, 2026 close

Quote session: Oct 30, 2026 · T−18 at quote
Refreshed Oct 31, 2026, 12:37 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

No entry trading session——————
Current trade example · T−17

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

No entry trading session——————
Current trade example · T−17

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

Near-term expiry · nearest 0.90 deltaNo entry trading session——————
Current trade example · T−17
  • Buy to open 1 AS $25.00 callExpires Nov 20, 2026 · 20 DTE todayDelta 0.86 · Bid $4.60 / ask $5.10Midpoint $4.85 · Spread 10.3% of midpoint (informational)Volume 5 · Open interest 175
Estimated debit
$485.00 / one structure
Maximum loss before fees
$485.00
Expiration breakeven
$29.85
Before-earnings exit
Nov 16, 2026 close

Quote session: Oct 30, 2026 · T−18 at quote
Refreshed Oct 31, 2026, 12:37 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

No entry trading session——————
Current trade example · T−17
  • Buy to open 1 AS $29.50 callExpires Nov 20, 2026 · 20 DTE todayDelta 0.53 · Bid $1.15 / ask $1.90Midpoint $1.53 · Spread 49.2% of midpoint (informational)Volume 27 · Open interest 130
  • Buy to open 1 AS $29.50 putExpires Nov 20, 2026 · 20 DTE todayDelta -0.47 · Bid $1.60 / ask $1.90Midpoint $1.75 · Spread 17.1% of midpoint (informational)Volume 16 · Open interest 231
Estimated debit
$327.50 / one structure
Maximum loss before fees
$327.50
Expiration breakevens
$26.23 / $32.78
Before-earnings exit
Nov 16, 2026 close

Quote session: Oct 30, 2026 · T−18 at quote
Refreshed Oct 31, 2026, 12:37 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

No entry trading session——————
Current trade example · T−17
  • Buy to open 1 AS $25.50 putExpires Nov 20, 2026 · 20 DTE todayDelta -0.16 · Bid $0.35 / ask $0.55Midpoint $0.45 · Spread 44.4% of midpoint (informational)Volume 1 · Open interest 84
  • Buy to open 1 AS $30.50 callExpires Nov 20, 2026 · 20 DTE todayDelta 0.44 · Bid $1.15 / ask $1.45Midpoint $1.30 · Spread 23.1% of midpoint (informational)Volume 1 · Open interest 3,923
Estimated debit
$175.00 / one structure
Maximum loss before fees
$175.00
Expiration breakevens
$23.75 / $32.25
Before-earnings exit
Nov 16, 2026 close

Quote session: Oct 30, 2026 · T−18 at quote
Refreshed Oct 31, 2026, 12:37 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

No entry trading session——————
Current trade example · T−17

Unavailable · Naked short strategies remain research-only. Margin and assignment requirements are not modeled.

Last quote session: Oct 30, 2026

No entry trading session——————
Current trade example · T−17

Unavailable · Naked short strategies remain research-only. Margin and assignment requirements are not modeled.

Last quote session: Oct 30, 2026

Historical win rate counts after-cost P&L above zero. Break-even tests stay in the denominator; missing tests do not. It is a historical frequency, not a forecast probability.

Execution-cost scenario

T−17 entry · before earnings / earlier expiration. The additional cost is a scenario, not an observed fill. Current quotes, liquidity and per-contract risk must be checked before sizing; historical averages do not create option legs or orders.

Explore all entry days · T−28 through T−1
StrategyT−28T−27T−26T−25T−24T−23T−22T−21T−20T−19T−18T−17T−16T−15T−14T−13T−12T−11T−10T−9T−8T−7T−6T−5T−4T−3T−2T−1
Bear Call SpreadNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Bull Put SpreadNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
CalendarNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionExit session unavailableStructure unavailableNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Iron CondorNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Long Call DITM (0.90 Delta)No entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Long StraddleNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Long StrangleNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Short StraddleNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Short StrangleNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close

Each column is a separate historical trade. Missing quotes, weekends and holidays are not zero returns. Compare event counts before interpreting differences between entry days.

Return basis, costs and coverage

Long-option returns use premium at risk; defined-risk structures use modeled maximum loss. Naked shorts have no maximum-loss ROI; broker margin, early assignment and resulting stock exposure are not modeled. These percentages are not account returns or annualized returns.

Stored fills and commissions are modeled. DITM uses the existing near-term call nearest +0.90 delta, minimum +0.80 delta, earliest listed expiry after the earnings reaction and no more than 60 entry DTE.

Statistics use exact aggregates across all stored cohort outcomes; sampled trade details never supply these totals. Includes tests with failed or unknown entry-filter status; this does not establish live entry eligibility.

Recorded processing is complete for this ticker's requested scope. This does not mean every quote is available or the full stock universe is complete.

11 recorded missing-test entries for the selected day and exit; absence of a recorded gap does not prove that a test was performed.

Daily pricing context

Typical versus prior earnings cycles

Observed quote 2026-10-30, T−18. 10 completed events at this exact offset.

Latest observed ATM IV
59.5%
Quote Oct 30, 2026
Historical median IV
57.0%
10 events · T−18
IV versus matched history
4.5%
Near-term ATM, same earnings offset
Implied move to option expiry
11.1%
ATM straddle estimate at the displayed quote date

A cheap IV label alone does not establish a profitable trade. Daily quotes are updated after a completed market session; confirm execution prices with your broker.

Inspect IV curve and option maturities

Provider-supplied IV is used as received: historical and daily observations. Providers may use different calculation methods and quote times.

Pre-earnings IV curveStored ATM IV checkpoints and historical interquartile band. Null checkpoints are gaps, not interpolated quotes. A single quote date does not establish a daily IV curve.

Updated Oct 30, 2026, 4:00 PM EDT

Loading graph — the exact table is available below.

T−18: Current-cycle IV: 59.545% Historical median: 56.9913% Historical p25: 56.3159% Historical p75: 62.304% 10 historical events; absent values remain unavailable. Updated Oct 30, 2026, 4:00 PM EDT
Event / reference markers
  • Earnings: 0
Exact data table

Pre-earnings IV curve · full stored dataset, independent of graph range/toggles

ObservationCurrent-cycle IV (%)Historical median (%)Historical p25 (%)Historical p75 (%)ContextUpdated
Unavailable60.9115%55.5182%64.5038%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable58.636%54.6968%62.0019%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable57.7198%53.5381%61.1171%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable58.3629%56.4041%63.7006%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable57.7806%51.6937%61.5823%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable56.8987%53.7643%63.3517%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable57.5622%54.3%61.6683%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable59.0675%55.9856%63.9457%10 historical events; absent values remain unavailable. No current-cycle IV observation is stored for this checkpoint.Updated Oct 30, 2026, 4:00 PM EDT
59.545%56.9913%56.3159%62.304%10 historical events; absent values remain unavailable.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable58.3332%55.9894%62.3412%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable60.8391%55.6743%71.6995%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable62.23%56.1187%66.4904%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable59.2888%56.6275%65.0915%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable60.9413%56.8433%64.1754%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable58.3775%55.3281%63.9022%8 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable62.0672%57.7225%76.8995%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable58.7721%56.2119%67.9349%10 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable66.07%61.2075%69.8824%11 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable61.8825%58.71%76.1728%11 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
UnavailableUnavailableUnavailableUnavailable0 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Unavailable63.745%57.1725%95.3477%11 historical events; absent values remain unavailable. This checkpoint is later than the latest quote date; current-cycle IV has not been observed yet.Updated Oct 30, 2026, 4:00 PM EDT
Volatility term structureATM IV by stored expiration. Earnings-containing expirations are marked; missing IV stays unavailable. Expiry spacing reflects DTE, not equal calendar spacing.

Updated Oct 30, 2026, 4:00 PM EDT

Loading graph — the exact table is available below.

2026-11-13: ATM IV: 50.615% 14 DTE · ATM strike $29.50 · No stored earnings marker Updated Oct 30, 2026, 4:00 PM EDT
Event / reference markers
  • Earnings expiry 2026-11-20: 21
Exact data table

Volatility term structure · full stored dataset, independent of graph range/toggles

ObservationATM IV (%)ContextUpdated
50.615%14 DTE · ATM strike $29.50 · No stored earnings markerUpdated Oct 30, 2026, 4:00 PM EDT
59.545%21 DTE · ATM strike $29.50 · Contains earningsUpdated Oct 30, 2026, 4:00 PM EDT
57.38%28 DTE · ATM strike $33.00 · No stored earnings markerUpdated Oct 30, 2026, 4:00 PM EDT
57.03%35 DTE · ATM strike $34.00 · No stored earnings markerUpdated Oct 30, 2026, 4:00 PM EDT

Prepare your trade

Current pricing and risk

Review the contracts, capital at risk and intended exit before choosing an entry.

Quotes as of Oct 30, 2026 · daily preparation data. Confirm executable prices with your broker. The fee allowance is your assumption.

Net entry / one lot
$0.00 credit
Maximum loss with allowance
$0.00
Defined expiration loss plus your allowance
Budget ceiling
Not calculated
A maximum bound, not a recommended allocation
Breakevens before allowance
$0.00 / $35.00 / $105.00
Side / quantityOptionExpiry / DTEModeled price per share
SELL × 1CALL 352026-11-20 · 21 days at quote$0.3500
BUY × 1CALL 352026-11-20 · 21 days at quote$0.3500

Liquidity: poor. Missing margin, early assignment and exercise costs are not included. Historical returns above are separate from this expiration payoff.

Inspect expiration payoff