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American Express Company (AXP)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 329.98 +1.79%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±3.8%
Expected range 317.21342.36
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.22.7%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 18/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.24
P/C open interest0.67
Next earnings Oct 23

Cboe delayed options data · as of 00:33 UTC · Figures derived from the full chain (1,736 contracts, 18 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

317.2342.4329.8 current

Options are pricing a move of about ±3.8% (range 317.21–342.36) by Sep 18, 2026. ATM straddle: 12.57 @ strike 330 · ATM IV: 22.6%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

329.8317.2342.4
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
296.81 -10% 98.6% 1.4%
313.30 -5% 85.5% 14.5%
329.79 +0% 49.0% 51.0%
346.27 +5% 14.6% 85.4%
362.76 +10% 2.1% 97.9%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 2 ±1.5% 24.6% 25.4K
Sep 11, 2026 9 ±2.8% 22.1% 7,464
Sep 18, 2026 16 ±3.8% 22.6% 42.0K
Sep 25, 2026 23 ±4.6% 22.8% 2,659
Oct 02, 2026 30 ±5.2% 22.7% 780
Oct 09, 2026 37 ±5.9% 22.8% 183
Oct 16, 2026 44 ±6.6% 23.5% 16.9K
Nov 20, 2026 79 ±9.8% 26.3% 9,268
Dec 18, 2026 107 ±11.3% 26.0% 18.8K
Jan 15, 2027 135 ±12.6% 25.9% 93.0K
Feb 19, 2027 170 ±14.7% 26.9% 4,271
Mar 19, 2027 198 ±15.9% 27.0% 5,484

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

250.0290.0310.0320.0330.0340.0350.0360.0380.0410.0329.8
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 360 C · 4,711310 P · 4,431280 P · 3,941320 P · 3,879330 C · 3,785

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

21%23%26%29%2d198d30d

When does open interest expire?

11%This week20%This month66%Later

Implied vs realized volatility

15.6%18.4%21.1%23.9%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Oct 24-5.3%Jan 25-2.9%Apr 25-4.1%Jul 25-3.9%Oct 25+8.2%Jan 26-1.6%Apr 26-5.7%Jul 26-1.6%
implied (when recorded)actual reaction

Avg |reaction| 4.3% · median 3.6% (20 reports) — two-session close-to-close window; definition

About American Express Company

Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Among its core offerings are diverse payment and financing instruments, robust network infrastructure services, tools for managing accounts payable expenses, and comprehensive travel and lifestyle support. Furthermore, it facilitates merchant services such as acquisition, transaction processing, settlement, and point-of-sale marketing, providing vital information and assistance to businesses. The company also specializes in fraud mitigation and developing and managing customer loyalty initiatives. These products and services are made available to a broad clientele, encompassing individual consumers, small and mid-sized enterprises, and large corporate entities. Distribution channels include digital platforms (mobile and online applications), collaborations with third-party vendors and partners, direct communication meth

Financial Services · Financial - Credit Services · NYSE · Profile: Financial Modeling Prep

AXP news

All news →

Best American Express credit cards (2026)

Yahoo Finance · Sep 02, 21:03 UTC ↗

Here’s another way rising bond yields could take a bite out of Americans’ wallets

Rising yields are a threat to the “Magnificent Seven.” Here’s why that could hurt U.S. consumers.

MarketWatch · Sep 02, 19:15 UTC ↗

Here’s how much Americans rely on Social Security — at all income levels

Social Security is really important for older Americans. It needs to be tweaked, not restructured.

MarketWatch · Sep 02, 16:20 UTC ↗

American Airlines continues premium push with redesigned Boeing planes

American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.

CNBC · Sep 02, 14:00 UTC ↗

What Does a Bond Selloff Mean for American Consumers?

A jittery Treasury market and the prospect of Fed rate increases risk making life more expensive for already cost-pressured Americans.

WSJ · Sep 02, 09:21 UTC ↗

Related securities — Financial Services

SOFI · IV 47.4%HOOD · IV 60.7%MARA · IV 81.7%COIN · IV 61.6%NU · IV 39.8%BAC · IV 20.8%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP