Go long before a blowout quarter. Short the company that's been sandbagging guidance for three years. The first perpetual market to trade revenues, cash flows, and EPS surprises.
Earnings season moves more capital than any other event in financial markets. Yet there's been no clean way to take a leveraged, non-custodial, directional position on the surprise — until now.
Analyst consensus is a social construct. Companies that guide conservatively get beaten every quarter. The whisper number diverges from the published estimate. If you've tracked a stock for two quarters, you have an edge on the consensus model.
Traditional options are blunt instruments — you're paying for IV crush, picking strikes, managing Greeks. Here, you're expressing a clean view: will this company beat, miss, or land in line? Settle against the actual EPS delta.
Earnings dates are set weeks in advance. You can size in early, hold through the number, and exit post-settlement. Defined catalyst, defined timeline, defined edge. No ambiguity about when the trade resolves.
Join for launch access to earnings surprise perps, market previews, and index market updates. The full market surface stays gated while Magnitude is in early access.
The lower product preview is intentionally redacted during early access. Leave an email and we'll notify you when access opens.