Earnings season keeps the tape busy from next week, and this Benzinga-selected watchlist leans heavily into financials alongside a marquee semiconductor name and a major health insurer. With guidance and segment commentary often moving stocks as much as the headline numbers, options-implied moves offer a real-time snapshot of how much volatility traders are bracing for, according to Benzinga Pro.
The marquee name on this list is ASML but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
9. Citigroup | Mkt Cap: $217B | Implied Move: 4.15%
Citigroup Inc. (NYSE:C) reports third quarter of 2026 results on Tuesday before the opening bell. Wall Street is looking for $2.54 in earnings per share on $23.71 billion in revenue, compared with $2.24 on $22.09 billion a year ago.
Benzinga Pro data show options are pricing in a 4.15% move around the print, the smallest implied swing on this Benzinga-selected list. Even so, that still represents about $9 billion of market value at stake.
Citigroup sits at the center of global finance, moving more than $6 trillion in daily transaction volume for multinational clients, so investors tend to focus on the mix between trading, investment banking and core banking trends. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast. In October, TD Cowen maintained a Buy rating, while UBS reiterated its Neutral rating and cut its price forecast.
Shares have rallied in 2026, up 7.9% year-to-date and trading 2.6% above the 200-day moving average. The shares sit about 38% above the 52-week low of $93.66.
8. Goldman Sachs | Mkt Cap: $262B | Implied Move: 4.27%
Goldman Sachs Group Inc. (NYSE:GS) reports third quarter of 2026 results on Tuesday before the opening bell. Consensus estimates call for $13.51 in EPS on $16.79 billion in revenue, versus $12.25 on $15.18 billion in the prior-year quarter.
According to Benzinga Pro, the options market is implying a 4.27% move, putting roughly $11.2 billion of market value in play as traders handicap how investment banking and markets activity translated into quarterly results.
Goldman Sachs Group is best known as a leading global investment bank, and earnings can hinge on the tone around dealmaking pipelines and trading conditions. The stock carries a Buy consensus rating, and the share price sits below the 180-day average analyst price forecast. In October, TD Cowen initiated coverage with a Buy rating, while UBS reiterated its Neutral rating and cut its price forecast.
The stock has pulled back in 2026, down 3.5% year-to-date and trading 7.6% below the 200-day moving average. The shares sit about 23% below the 52-week high of $1153.99.
7. Morgan Stanley | Mkt Cap: $296B | Implied Move: 4.30%
Morgan Stanley (NYSE:MS) reports third quarter of 2026 results on Wednesday before the opening bell. The Street is modeling $2.96 in earnings per share on $20.08 billion in revenue, up from $2.80 on $18.20 billion a year earlier.
Options traders are pricing in a 4.30% move, according to Benzinga Pro, implying about $12.7 billion of market cap could swing as investors weigh wealth management trends alongside institutional securities performance.
Morgan Stanley’s global footprint — offices in 42 countries and more than 82,000 employees — means the quarter can turn on both market-sensitive businesses and steadier fee streams. The stock carries a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades. In October, TD Cowen initiated coverage with a Hold rating, and UBS reiterated its Buy rating and cut its price forecast.
Shares have rallied in 2026, up 3.0% year-to-date and trading 2.8% below the 200-day moving average. The shares sit about 19% below the 52-week high of $232.25.
6. The Charles Schwab | Mkt Cap: $168B | Implied Move: 4.32%
The Charles Schwab Corp. (NYSE:SCHW) reports third quarter of 2026 results on Thursday before the opening bell. Analysts expect $1.66 in EPS on $7.19 billion in revenue, compared with $1.31 on $6.13 billion in the year-ago quarter.
Benzinga Pro data show the options market is implying a 4.32% move, which translates to about $7.26 billion of market value at stake as traders focus on what Schwab says about client cash sorting and asset levels.
Charles Schwab is one of the largest retail-oriented financial-services companies in the U.S., with $11.9 trillion in client assets across brokerage, banking, asset management, custody, advisory and wealth management businesses. The stock carries a Buy consensus rating, and shares trade below the 180-day average analyst price forecast. In October, UBS reiterated its Buy rating and cut its price forecast, while Barclays reiterated its Overweight rating and cut its price forecast.
The stock has pulled back in 2026, down 4.6% year-to-date, trading 1.2% below the 200-day moving average after the 50-day moving average crossed above the 200-day in August. The shares sit about 15% below the 52-week high of $114.53.
5. Prologis | Mkt Cap: $123B | Implied Move: 4.74%
Prologis, Inc. (NYSE:PLD) reports third quarter 2026 results on Thursday before the opening bell. Wall Street is looking for $1.56 in EPS on $2.28 billion in revenue, versus $1.49 on $2.06 billion a year ago.
According to Benzinga Pro, options are pricing in a 4.74% move around earnings — about $5.82 billion of market cap in implied swing. For a large industrial REIT, that’s a meaningful volatility read as investors parse occupancy, rent growth and demand signals tied to global logistics.
Prologis develops, acquires and operates around 1.3 billion square feet of industrial and logistics facilities worldwide, putting it close to the pulse of supply chains and e-commerce fulfillment. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast. In August, RBC Capital upgraded the stock to Outperform and raised its price forecast and in September, Wells Fargo reiterated its Overweight rating and cut its price forecast.
Shares have rallied in 2026, up 0.2% year-to-date, trading 6.4% below the 200-day moving average after the 50-day moving average crossed below the 200-day in October. The shares sit about 16% below the 52-week high of $153.35.
4. Wells Fargo | Mkt Cap: $248B | Implied Move: 5.00%
Wells Fargo & Co. (NYSE:WFC) reports third quarter of 2026 results on Tuesday before the opening bell. Consensus calls for $1.85 in earnings per share on $22.32 billion in revenue, up from $1.73 on $21.44 billion in the prior-year quarter.
Benzinga Pro data show options are implying a 5.00% move, putting about $12.4 billion of market value at stake. That’s a larger volatility setup than the other big banks on this list, reflecting how much investors can react to commentary on credit, expenses and net interest income.
Wells Fargo & is a North American-focused banking giant with a $2.3 trillion balance sheet and the third-highest deposit market share in the U.S., so the quarter’s narrative often comes down to core banking momentum and outlook. The stock carries a Buy consensus rating, and the share price sits below the 180-day average analyst price forecast. In October, TD Cowen maintained a Buy rating, and Goldman Sachs reiterated its Buy rating and cut its price forecast.
The stock has pulled back in 2026, down 13.8% year-to-date, trading 3.0% below the 200-day moving average after the 50-day moving average crossed above the 200-day in August. The shares sit about 16% below the 52-week high of $97.76.
3. Blackrock | Mkt Cap: $165B | Implied Move: 5.40%
Blackrock, Inc. (NYSE:BLK) reports third quarter of 2026 results on Wednesday before the opening bell. The Street expects $14.17 in EPS on $7.53 billion in revenue, compared with $11.55 on $6.51 billion a year earlier.
According to Benzinga Pro, the options market is pricing a 5.40% move, implying roughly $8.92 billion of market cap could shift as investors weigh flows, fee rates and market levels that feed into asset-management earnings power.
Blackrock is the world’s largest asset manager, with $15.345 trillion in assets under management at the end of June 2026, so the earnings call can turn quickly on net inflows and product mix. The stock carries a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades. In October, Wells Fargo, UBS and Barclays cut their price forecasts.
Shares have traded largely flat in 2026, down 1.8% year-to-date, trading 0.4% above the 200-day moving average since the 50-day moving average crossed above the 200-day in August.
2. ASML | Mkt Cap: $707B | Implied Move: 6.06%
ASML Holding NV (NASDAQ:ASML) reports third quarter of 2026 results on Wednesday before the opening bell. Analysts are looking for $12.47 in EPS on $13.18 billion in revenue, versus $6.42 on $8.79 billion in the year-ago quarter.
Benzinga Pro data show options are implying a 6.06% move, and with ASML Holding NV valued at $707 billion, that’s about $42.8 billion of market cap at stake. For a stock so central to the semiconductor equipment chain, guidance and backlog commentary can matter as much as the quarter’s beat-or-miss.
ASML Holding NV leads lithography systems for manufacturing semiconductors with 90% market share, making its results a key read-through for chip capex and advanced-node demand. The stock carries a Buy consensus rating, and shares trade well below the 180-day average analyst price forecast.
Shares have rallied in 2026, up 52.1% year-to-date and trading 16.9% above the 200-day moving average. The shares sit about 95% above the 52-week low of $935.41.
1. UnitedHealth Group | Mkt Cap: $333B | Implied Move: 7.19%
UnitedHealth Group Inc. (NYSE:UNH) reports third quarter of 2026 results on Tuesday before the opening bell. Wall Street is modeling $4.15 in earnings per share on $111.40 billion in revenue, compared with $2.92 on $113.16 billion a year ago.
According to Benzinga Pro, options are pricing in a 7.19% move — the widest implied swing in this Benzinga-selected lineup — with about $23.9 billion of market value at stake. That elevated pricing underscores how sensitive the stock can be to medical cost trends and any update to the outlook.
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 51 million members globally, including 1 million outside the U.S. The stock carries a Buy consensus rating, and the stock is trading well below the 180-day average analyst price forecast.
Shares have rallied in 2026, up 10.3% year-to-date and trading 3.7% above the 200-day moving average. The shares sit about 20% below the 52-week high of $461.62.
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