Priced In±
SAPSAP
Wed Oct 21 · After close
The line Preview
±5.7%
$212.20 – $237.80 2.5× usual move
Last 12 earnings reactions against the line
−5.7% +5.7%
Usual move
2.3%
Broke the line
3 / 12
Fell after
2 / 12
Raw straddle
±7.0%

Options are pricing a bigger move than SAP usually makes. 3 of the last 12 reactions cleared it. The stock rose after 10 of them.

Past earnings reactions

ReportTimingMoveAgainst this line
Jul 22, 2026 After close −1.6% Inside
Apr 23, 2026 After close +7.4% Broke
Jan 29, 2026 After close +0.4% Inside
Oct 22, 2025 After close +0.8% Inside
Jul 22, 2025 After close −5.1% Inside
Apr 21, 2025 After close +0.7% Inside
Jan 28, 2025 After close +1.1% Inside
Oct 21, 2024 After close +1.2% Inside
Jul 22, 2024 After close +7.1% Broke
Apr 22, 2024 After close +5.5% Inside
Jan 23, 2024 After close +6.9% Broke
Oct 18, 2023 After close +4.5% Inside