Earnings season keeps the tape honest, and the options market is already laying down markers for how much volatility traders expect when results hit on Tuesday, before the opening bell. For retail investors, implied moves can be a quick way to sanity-check risk — not just for the stock you own, but for the size of the swing the market is bracing for, according to Benzinga Pro.
This is a Benzinga-selected watchlist heavy on big banks, with a pair of healthcare bellwethers mixed in. The marquee name on the list is JPMorgan Chase, but the largest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
6. 17% JPMorgan Chase & Co.
26 billion in revenue. 12 billion.
17% move around the print. Even with the smallest implied swing on this Benzinga-selected list, that still translates to $28 billion of market value at stake given JPMorgan Chase’s $885 billion market cap.
71 trillion in deposits as of June 2026 — so investors tend to treat its quarter as a read-through on everything from consumer credit to capital markets activity. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast; in October, TD Cowen maintained a Hold rating, while UBS reiterated its Buy rating and cut its price forecast.
7% above the 200-day moving average heading into the report. Read Also: ‘Ukraine Wants Peace.
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99 billion. 48% move, according to Benzinga Pro.
9 billion of market value at stake — a meaningful swing for a company investors often treat as a steadier healthcare holding. Johnson & Johnson now operates with two main engines — innovative medicine and medtech — following the divestment of its consumer business, Kenvue, in 2023.
The stock carries a Buy consensus rating and the share price sits below the 180-day average analyst price forecast; in October, RBC Capital reiterated its Outperform rating and raised its price forecast, and Citigroup reiterated its Buy rating and raised its price forecast. 6% above the 200-day moving average.
66. 4.
87% Citigroup Inc. 72 billion in revenue.
09 billion in the prior-year quarter. 87% move.
41 billion of market value at stake — a smaller dollar figure than the megacaps, but still a sizable implied reaction for a global bank. Citigroup sits at the center of global money movement, handling more than $6 trillion in daily transaction volume for multinational clients, which keeps investors focused on trading, investment banking, and credit trends all at once.
The stock carries a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades; in October, TD Cowen maintained a Buy rating, while UBS reiterated its Neutral rating and cut its price forecast. 2% year-to-date and trading 3% above the 200-day moving average.
66. 3.
32% Goldman Sachs Group Inc. 71 billion in revenue.
18 billion in revenue in the year-ago period. 32% move.
4 billion of market value at stake as investors handicap the quarter. Goldman Sachs Group is best known as a leading global investment bank, so the earnings narrative often hinges on the pace of dealmaking, underwriting, and trading activity.
The stock carries a Buy consensus rating and shares trade below the 180-day average analyst price forecast; in October, TD Cowen initiated coverage with a Buy rating, while UBS reiterated its Neutral rating and cut its price forecast. 4% below the 200-day moving average.
99. 2.
52% Wells Fargo & Co. 32 billion in revenue.
44 billion. 52% move, according to Benzinga Pro.
4 billion of market value at stake — one of the larger volatility setups in this Benzinga-selected lineup. , which keeps attention on net interest income, credit quality, and expense discipline.
The stock carries a Buy consensus rating and the stock is trading below the 180-day average analyst price forecast; in October, TD Cowen maintained a Buy rating, and UBS reiterated its Buy rating and cut its price forecast. 9% below the 200-day moving average after the 50-day moving average crossed above the 200-day in August.
1. 85% UnitedHealth Group Inc.
40 billion in revenue. 16 billion in the year-ago quarter.
85% move — the widest implied move on this list. 3 billion of market value at stake as traders brace for a potentially sharp reaction to results and outlook.
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 51 million members globally as of December 2025, which makes the quarter a focal point for medical cost trends and membership dynamics. The stock carries a Buy consensus rating and the share price sits below the 180-day average analyst price forecast; in October, TD Cowen reiterated its Hold rating and cut its price forecast, while in July, JP Morgan reiterated its Overweight rating and raised its price target.
5% above the 200-day moving average. 62.
