Week 4 of earnings season starts today and should inject volatility into the market. Week 4 typically surprises with stocks moving more than...
Royal Dutch Shell cut its dividend 66% to $0.16 from $0.47 this morning. This is the first time Shell has cut its dividend since WWII. The stock...
Matt Amberson of ORATS in a Reuters Article The first-quarter earnings season could also ratchet up market turbulence, especially when smaller,...
Look at the implied volatility trend. If it breaks this down-trend, this bull run of ~25% may be over. [IMG]
Johnson & Johnson ($JNJ) announced earnings this morning and raised its dividend 4%. JNJ is up 3% in pre-market trading. The earnings straddle was...
As earnings approach, we are seeing big implied earnings moves compared to past earnings moves (green bars) especially in Schwab ($SCHW), Citi...
The options market implied volatility (IV) is good at reflecting the sentiment of the market. The old Wall Street refrain is that the market...
Since early March 2020 we have seen mass cancellations of already-declared dividends. ORATS provides global dividend forecast data for over 25,000...
With the start of earnings announcements two weeks away, the magnitude of expected moves in stocks is climbing according to options prices around...
The upheaval wrought by the corona virus has forced many companies to suspend or cancel dividends. ORATS dividend feed tracks these changes...
The article is linked here: https://blog.orats.com/reuters-article-on-fear-measures-volatility-skew-and-bid-ask-spreads-with-matt-amberson As we...
Comparing this rally off the bottom to 2008, similar rallies ran out of steam as the SPY IV 30-day fell to about 45%. Now the IV is at 52% and...
The last time vol was this high in 2008, the SPY implied volatility at 30 days bounced between 45% and 75%. These extremes coincided with market...
Previously, the SPY volatility had not surpassed 2008 levels, yesterday it did with the IV as high as 85% before backing off. The other indicator...
With only 12% of firms left to report, we can start making statements about the overall earnings season that started mid-July and continues to the...
You might think a strategies like short call spreads and long call spreads should have equal and opposite returns given the same trading rules....
Last week was the wildest earnings week of any in the ORATS 3-year study, as measured by the average actual moves divided by the estimated moves....
Symbols with High Options Volume vs Normal Explanation ORATS computes...
There are times when you want to backtest a 'non-traditional' options spread as a package rather than as a combination of two or more strategies....
Our new Optimize Backtest feature can help you find the best way to trade an options strategy. Look at thousands of strategy permutations and...
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