BKKT Earnings Date & Options Strategy

Bakkt Holdings, Inc.

$7.75

November 09, 2026
36 days away

Last Updated: September 16, 2026

Expected Move for November 09, 2026 Earnings

±43.0% (±$3.34)
Implied Price Range $4.41 – $11.09
Through Expiration November 20, 2026
Near-ATM Implied Volatility 120%
30-Day Historical Volatility 90% (options pricing 1.33x normal move)

Derived from implied volatility on BKKT options expiring November 20, 2026 (first expiration after the earnings report), at a $7.75 stock price. The market expects BKKT to trade between $4.41 and $11.09 through that expiry — roughly a one-standard-deviation range, meaning about a 68% probability if options are priced fairly.

Options IV Analysis

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Earnings Estimates

EPS Estimate (FY) $-2.38
Revenue Growth (YoY) +0.2%

How to Trade Earnings with Options

Buy Options Strategy

Buy options when IV percentile is below 30. This means options are cheap relative to their historical pricing. As earnings approach, IV typically rises (IV expansion), increasing the value of your options even before earnings.

Sell Premium Strategy

Sell options when IV percentile is above 70. After earnings, IV crashes (IV crush), which benefits option sellers. Iron condors and credit spreads profit from this IV collapse.

Timing Tips

  • 2-3 weeks before: Best time to buy options if IV is low
  • 1 week before: IV starts rising, still okay to buy if IV < 50th percentile
  • Day of earnings: IV at peak - avoid buying, consider selling
  • After earnings: IV crushes 30-50%, sellers profit

Tradestie AI Rating

46.2
Hold
Evaluate position
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Gamma Positioning

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Company Info

Company Bakkt Holdings, Inc.
Sector Technology
Industry Software - Infrastructure