QuantitativeExhaustion

U.S. Earnings June 22-26 Optionable Plays

INDEX:XSP   S&P 500 Mini-Spx Options Index
285 17 12
U.S. Earnings Week June 22-16

Also included Implied Volatility as of June 13, Saturday, along with 30 Day Average Implied Volatility . Comparing IV with 30 Day IV, can give an option trader an edge when considering which weekly stock earnings to play.

OTM Long Call , Long Put or Strangle Plays (based on Current IV compared to 30 day avg)

CCL, MU, VIMC, IHS             , BBBY             , LEN             , MON, WGO             , ACN             , BKS             , CMC             , SNX

Collecting premium Selling Options

SONC, VIMC, WGO             , APOG             , SCS             , WOR             , FINL
At the current IV comparisons not everyone of stocks in the above list are good earnings play candidates
+2 Reply
What do you look for when comparing IV and stock price movement?
+2 Reply
alleytrader QuantitativeExhaustion
I like to have a high enough IV that the premium is worth the risk and the strikes can be outside the earnings day expected move. the price movement leading to the earnings event is not that important to me. And I prefer to be able to put protective wings on the trade. Right now the IV on the call side of lots of stock is really taking away a two sided earnings play.
+2 Reply
FedEx has a 33.1 current IV vs 20.3 -- 30 Day IV. Would you consider this a good play long side (low capital) only with no strangle or put protection ?
+2 Reply
alleytrader QuantitativeExhaustion
I am a premium seller for earnings, I do not buy options at earnings, the volatility can drop to much right after the announcement, however if you think you will get the price to move before the earnings and get out the movement and increasing IV can create so good trades running into earnings
+2 Reply
You're style is hitting to get on base with strategy of getting runners in scoring position, mine is hitting for home runs and grand slams, knowing I'm going to strike out 70% of the time.

So which options for next week for premium selling vs the one's your staying away from?
+2 Reply
alleytrader QuantitativeExhaustion
You are right I hit about 80% winners on earnings, and have no home runs. i can watch them right up to the earnings day so to early to answer. but for you the ones that are cheaper and have the two IV close together are what I think you should look for and me the opposite.
+2 Reply
That's good advice, my biggest hits have come from current IV's that are close to 30 Day Avg IV.
+2 Reply
alleytrader QuantitativeExhaustion
That makes perfect sense, and is the opposite condition I look for
+2 Reply
Well you could employ both strategies.

I myself don't do enough selling options as I should. So I could use both selling and low capital one sided or strangle betting.
+2 Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out