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United Airlines Stock Volatility Expected Around 3% for Upcoming Earnings Report

According to options data compiled by Bloomberg, the stock of United Airlines Holdings Inc. (NASDAQ: UAL) is expected to see a price swing of approximately 3% following the release of its upcoming earnings report. The airline is scheduled to announce its financial results after the market closes on July 15.
This implied volatility from the options market serves as an estimate, but the stock's actual performance has frequently diverged from such predictions. An analysis of the past eight earnings announcements reveals that the stock's price move exceeded the implied volatility on three occasions.
In some instances, the actual stock movement was significantly larger than anticipated. For example, following the July 16, 2025, report, the stock jumped 12.3%, far surpassing the 6.7% move implied by options. Similarly, on October 15, 2024, the stock surged 21.7% against an expected move of just 3.7%.
AdConversely, the stock has also moved less than predicted on several occasions. After the most recent reports on April 21 and January 20, options implied moves of 6.5% and 6.2% respectively, but the stock declined by a smaller 3.7% and 3.8%.