Options traders anticipate stock price volatility for Google and Microsoft following their earnings reports, with Google's implied volatility being twice that of Microsoft. Cboe LiveVol data indicates the market expects Google's stock to fluctuate by 5.8% after its earnings report, while Microsoft's fluctuation will be less than 5%. Google's implied volatility is more than double its two-year average reaction (2.7%), whereas Microsoft's implied volatility is below its two-year average fluctuation (6%).