Traders monitoring VZ futures note that implied volatility dropped to 15% from last week’s 17%, indicating a calmer market outlook. Meanwhile, sector ETFs have also recorded inflows, adding fundamental support. At last glance, all four U.S. equity benchmarks are trading to the downside in futures trading. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Streaming market data confirms stable bid flows in VZ futures, suggesting large players are positioning ahead of major earnings announcements. The relatively low correlation to tech-heavy indexes further supports diversification appeal.