Cigna Group · Brief

Next report

5 days

Nov 5 · before openest.Q3 FY26

Earnings

Expected move

Inputs

±5.2%implied · report alone

282.80313.66

straddle ±5.6%

spot 298.23exp Nov 6ATM strike 297.5ATM straddle 19.65IV 60%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

3 of 8≥ implied

avg implied: ±4.9%
avg realized: ±5.4%

Oct 31 '24±5.2%▲+0.61%×0.12

Jan 30 '25±4.5%▼−6.70%×1.49

May 2 '25±4.2%▼−0.13%×0.03

Jul 31 '25±4.2%▼−10.23%×2.44

Oct 30 '25±4.4%▼−17.39%×3.98

Feb 5 '26±5.7%▲+4.72%×0.82

Q1 FY26±5.2%▼−0.60%×0.12

Q2 FY26±5.9%▼−2.97%×0.51

quarterimplied−20%0+20%realized×

Q2 FY26±5.9%▼−2.97%×0.51

Q1 FY26±5.2%▼−0.60%×0.12

Feb '26±5.7%▲+4.72%×0.82

Oct '25±4.4%▼−17.39%×3.98

Jul '25±4.2%▼−10.23%×2.44

May '25±4.2%▼−0.13%×0.03

2 older reports

Jan '25±4.5%▼−6.70%×1.49

Oct '24±5.2%▲+0.61%×0.12

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 5 report · est.

—

Linked exposure

CI report session

Customers 1

CNCCentene×0.63

× = co-movement · max 499dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 30impliedImplied move: ±5.6% into Nov 5 earnings (Oct 30 close).Source

Oct 15impliedImplied move: ±3.9% into Oct 29 earnings (Oct 15 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.