What to Expect from Texas Instruments' Earnings

Earnings and Market Expectations - Texas Instruments Inc (TXN) is set to release its fourth-quarter earnings report on January 23, with significant bullish activity observed in the options market [1] - Citi analysts expect overall market expectations to decline due to weak estimates from analog chipmakers and cooling demand in personal computers [1] - The company's first-quarter forecast is anticipated to fall below expectations, driven by weak industrial demand [2] Options Market Activity - Options bulls are active, with 10,000 calls exchanged, double the intraday average volume [2] - The February 195 call is the most popular contract, with new positions being opened [2] - The options market is pricing in a next-day swing of 7.8%, more than double the 3.1% average move over the last two years [3] Stock Performance and Technical Analysis - TXN stock is up 2% at $196.20, marking its fifth win in six sessions [4] - The stock has a modest 4.5$196 level has been a significant resistance point over the last month, with pressure from short- and long-term moving averages [4] - Historically, TXN has finished only two of its last eight post-earnings sessions higher, including a 4% gain in October [3]