Earnings Setup for 10/20/2015

Description

⋅ Oct 20, 2015 4:15 AM

An Idea on Earning Setups based on Option Expiry

Red Line = Mean Price (expected close prior to earning)
Dashed Line = Range for Earnings based on Options IV

Comment

⋅ Oct 20, 2015 6:33 PM

Offset ILMN by -$2.5

Comment

⋅ Oct 20, 2015 8:08 PM

CMG & ISRG Reported Earnings - Any Change in Plan, I will update.

Comment

⋅ Oct 20, 2015 8:09 PM

Earnings

Comments

A-shot

⋅ Oct 22, 2015 12:04 PM

Most hit right! Would love more of these charts

UDAY_C_Santhakumar

⋅ Oct 22, 2015 1:56 PM

Yes, You have to trade this in a bunch.

A-shot

⋅ Oct 20, 2015 11:46 PM

Is there an indicator on making these ranges or all of them are manually drawn?

UDAY_C_Santhakumar

⋅ Oct 21, 2015 12:04 AM

Not in TV. I need options data to code the range.

UDAY_C_Santhakumar

⋅ Oct 21, 2015 12:14 AM

To find the range, Just Add the ATM - Call and Put (Theoretical) Price. Add the result to your projected price.

UDAY_C_Santhakumar

⋅ Oct 21, 2015 12:15 AM

Projected Price is important, Unless you want to take the trade EOD and close at Open

UDAY_C_Santhakumar

⋅ Oct 20, 2015 2:55 PM

UTX is running hard up. Adjust the Closing price, and offset the spread.

Platinumceo

⋅ Oct 20, 2015 1:08 PM

This is good analysis UCS. With your range assessments based on the IV, do you typically use weekly expiration iron condors for these?

UDAY_C_Santhakumar

⋅ Oct 20, 2015 1:38 PM

There are a few other metrics i measure, Average Gap size and how many times it gaps up?

Stocks with tighter range makes sense to establish a IC close to mid line. Wide ranges will trade them as it presents themselves based on the metrics.