ENTR is trading $8.40, up 1.2% with IV30⢠up 11.8%. The <a href="http://www.livevol.com/">LIVEVOL⢠Pro Summary</a> is <a href="http://livevol.blogspot.com/2010/11/entr.html">in the article</a>. <img src="http://www.livevolpro.com/help/images/blog/entr_summary.gif" /> ------------------------------------------------------------------- <a href="http://www.livevolpro.com/help/free_trial.html"><img src="http://www.livevolpro.com/help/images/blog/lvp_trial_ad.gif" height="200" /></a> For a limited time we are offering a FREE real-time trial to Livevol Pro⢠for non-professional traders. You can get your trial by following the directions here: <b><a href="http://www.livevolpro.com/help/free_trial.html">Click for Free Trial Offer</a></b> ------------------------------------------------------------------- ENTR is a semiconductor company that designs, develops and markets systems solutions to enable connected home entertainment. The stock just came up on a real-time custom scan. This one hunts for calendar spreads between the front two months. <b>Custom Scan Details</b> Stock Price >= $5 Sigma1 - Sigma2 >= 8 Average Option Volume >= 1,000 Industry != Bio-tech Days After Earnings >=5 <=70 Sigma1, Sigma2 >= 1 The snapshot of the scan is included (<a href="http://livevol.blogspot.com/2010/11/entr.html">in the article</a>) in case you want to build it yourself in Livevol Proâ¢. <img src="http://www.livevolpro.com/help/images/blog/calendar_spread_scan.gif" width="600" /> The goal with this scan is to identify back months that are cheaper than the front by at least 8 vol points. I'm also looking for a reasonable amount of liquidity in the options (thus the minimum average option volume), want to avoid bio-techs (and their crazy vol) and make sure I'm not selling elevated front month vol simply because earnings are approaching. Looking to the Skew Tab (<a href="http://livevol.blogspot.com/2010/11/entr.html">in the article</a>), we can see the elevated vol in the front month (red line) relative to the second month (yellow line). Now we can turn to the Charts Tab, vol only (<a href="http://livevol.blogspot.com/2010/11/entr.html">in the article</a>). IV30⢠- red vs HV20⢠- blue vs HV180⢠- pink. <img src="http://www.livevolpro.com/help/images/blog/entr_charts.gif" width="600" /> Note how the IV30⢠has popped past both the short-term realized and the long-term realized. Finally, let's look to the Options Tab (<a href="http://livevol.blogspot.com/2010/11/entr.html">in the article</a>). Note that Nov vol is ~90 while Dec is ~76. <b>Potential Trades to Analyze</b> There are couple ways to play this, one would be a straight vol sale, the other is calendar spread. 1. Buy the Dec 7.5/10 strangle for $0.85 and sell the Nov 7.5/10 strangle @ $0.40 for a total debit of $0.45. That purchases ~74 vol and sells ~89 vol. 2. Sell the Nov 7.5/10 strangle naked, risky. I actually like the calendar better, oddly enough. This is trade analysis, not a recommendation. <b>Follow Live Trades and Order Flow on Twitter: @Livevol_Pro</b> Details, trades, prices, vols, skews, charts here: <a href="http://livevol.blogspot.com/2010/11/entr.html">http://livevol.blogspot.com/2010/11/entr.html</a> Legal Stuff: <a href="http://www.livevolpro.com/help/disclaimer_legal.html">http://www.livevolpro.com/help/disclaimer_legal.html</a>