Options Analysis for Caterpillar Inc. ($CAT)Key Levels and Indicators:
Current Price: $316.49
IV Rank: 129.5
IV (46 DTE): 58.7%
IV Change (5 Days): +10.2%
Expected Move (46 DTE): $31.4
Price Skew: 3.1% for PUTs (almost neutral)
The market appears to anticipate that the price of NYSE:CAT will remain above this strike price ($280) by the expiration date of 46 days (DTE).
A 5-day change in IV of +10.2% indicates increasing volatility possibly due to upcoming earnings or other significant events + today crash of SP500.
An expected move of $31.4 suggests that the market predicts CAT could move within a $31.4 range from its current price over the next 46 days.
The green horizontal line at $280 represents a critical support level at MurreyMath 2/8.
