TanukiTrade

TanukiTrade

Today’s sharp 2.2% SPX decline wasn’t a surprise for those who looked closely at the options metrics after Friday’s spot price fakeout . Ahead of the long weekend, market participants priced in the downside with both short- and long-term options . BEFORE TODAY OPEN Put options were nearly twice as expensive as calls at equivalent Expected Move distances...

TanukiTrade Updated 

This week, keep an eye on NASDAQ:NVDA , which will release its quarterly earnings on Wednesday. Here are this week’s earnings releases implemented by the TanukiTrade Options Overlay indicator for Tradingview: 08/28 Wednesday after market close: NVDA , CRWD , CRM 08/29 Thursday after market close: MRVL The Options Overlay indicates that NVDA's call skew...

TanukiTrade Updated 

It looks like GLD 0.44%↑ finally broke out of its sideways-upward channel on Friday. Time to explore some opportunities using our Options Overlay indicator on TradingView. The current IVR is at 84, while the 62 DTE average IVx is only 19.9, making this IVx level exceptionally high for gold over the past year. On the daily chart, the Gold ETF is trading...

TanukiTrade

The high vertical CALL pricing skew on the options chain shows that the CALL options for the September expiration are already much more expensive than the PUT options at the same expected move distance. This suggests that market participants are pricing in an upward move. Let's take a closer look at the probability curve formed by the options chain. I'm very...

TanukiTrade

The NYSE:UBER stock price had been in an uptrend until it reached around the $75 level, after which it entered a correction phase. The price is currently near a long-term upward trendline, which could act as strong support. Volatility: The IVRank (Implied Volatility Rank) is 107.5, indicating that the current volatility is high compared to the values...

TanukiTrade

Current Price Level: NYSE:PLTR is currently trading around 23.79 USD. Options Data: IVRank: 95.8, indicating that the current implied volatility is at the 95.8th percentile over the past 52 weeks. IV% 5d Change: 16%, showing a significant increase in implied volatility over the past 5 days. Exp. move at 46 DTE: 4.6% for options expiring in 46 days. ...

TanukiTrade

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...

TanukiTrade Updated 

2024-07-23 at 3DTE NYSE:T Jul 26th 16/17 Put Ratio Spread Options Overlay indicator and Options Screener in action. Tomorrow before open : Earnings Max loss: $2.5 Max profit: $97 Bp.req: $200 Bearish micro, bullish macro. I expect that even in the event of a possible fall, the 4/8 will hold the price. If it doesn't, then the upward macro...

TanukiTrade

NYSE:TFC Earnings at Monday After Close Hard PUT pricing skew Interpolated DELTA16 is far below the STD1 4/8 could be act as support 08/16 at 27DTE IVx is 35 Exp.move ±2.13 Put pricing skew: PUTs are +77% more expensive at Exp.mv 09/20 at 62DTE IVx is 29.5 Exp.move ±2.93 Put pricing skew: PUTs are +49% more expensive at Exp.mv

TanukiTrade

Expected move + Delta 16 + STD1 visualized before earnings. Exp.mv for 29DTE: ±12 Exp.mv for 64DTE: ±17 Consolidated call skew on option chain, IVR is 66, IVx avg until 64DTE is 44.5

03:25

TanukiTrade

Let’s take a look at our new tradingview options screener indicator to see what we observe, as the options chain data has recently been updated. When we look at the screener, we can immediately see that NASDAQ:TSLA has an exceptional Implied Volatility Rank value of over 100, which is extremely high. This is clearly due to the upcoming earnings report on...

TanukiTrade Updated 

2024 Trading Challenge Entry #2: Diary of an Option Trader 💡 Trade Overview: I noticed LLY soaring on the TradingView stock heatmap today. Observing the monthly chart of AMEX:XLE (healthcare sector), it has been mostly sideways for years. However, in the past two days, NYSE:LLY has demonstrated strong bullish movement with increasing volume, indicating a...

TanukiTrade Updated 

Trade Overview: Initiated my first options trade for the annual challenge on January 2nd with an IWM strangle. Observing high IVR in the index, I capitalized on the recent VIX spike to enter the 45DTE 212/188 strangle for 3.57cr. Trade Management: Rolling Strategy: Will roll legs as needed before expiration if price diverges. Loss Management: With a ...

TanukiTrade Updated 

MY Last 2023 Trade: SPX Calendar PUT Spread 📅 Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype. Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase. ...

TanukiTrade Updated 

Technical Summary: Strategy: Strangle on SAVE stock Initial Credit: $133 (before commissions and fees) Maximum Profit: $120 Required Buying Power (req. bp.): $260 for 39 days Probability of Profit (POP): 85% IV Rank (IVR): Over 94 post-earnings Break-even points: Favorably distant due to high IVR Management opportunities: Anticipated rich rolling...

TanukiTrade Updated 

I've decided to make a play on the oil prices and chose /MCL futures for this venture. The trade required a BP (buying power) of $600, with a maximum profit potential of 1.07cr. This sets up a favorable risk-reward ratio of 1:6. The IVR (Implied Volatility Rank) stands at 51, which is advantageous for the credit strategies I prefer. With a PoP (Probability of...

TanukiTrade Updated 

Hey everyone, Greg is here with a quick rundown of today’s options trading play. I entered the ring with a naked call on AMEX:GLD , aiming for that sweet spot of easy returns on a maximal Pop trade. Today’s golden ticket could net me a max profit of $118 with a probability of profit (PoP) sitting pretty at 80%, all while tying up $3000 of buying power and riding...

TanukiTrade Updated 

Of course! Here's a polished version for your blog post in English: Post-Event Strangle with 51 Days to Expiration IVR30 Probability of Profit (PoP): 69% Max Profit: $260 Required Buying Power (Req.BP): $1627 Explanation to follow.