Event Driven Option Plays

Discussion in 'Journals' started by Sekiyo, Feb 16, 2025.

  1. ironchef

    ironchef

    #51     Feb 18, 2025
  2. Sekiyo

    Sekiyo

    %Call OI has no predictive power
    upload_2025-2-19_15-53-50.png

    %Call Vol isn't significant
    upload_2025-2-19_15-56-16.png

    %Call Skew isn't significant
    upload_2025-2-19_15-57-24.png

    %Move vs % Median Moves
    upload_2025-2-19_16-9-58.png

    StDev Move (Outcome) vs HV isn't significant
    upload_2025-2-19_16-0-11.png

    StDev Move (Outcome) vs IV isn't significant
    upload_2025-2-19_16-1-16.png

    Stdev Move (Outcome) vs IV/HV isn't significant
    upload_2025-2-19_16-2-46.png
    Stdev Move (Outcome) vs Median Abs Earnings Moves kinda neg correlated
    upload_2025-2-19_16-5-27.png

    Same for Median Abs Earnings Moves / IV
    upload_2025-2-19_16-7-28.png

    That's it ...

    upload_2025-2-19_16-10-43.png
     
    #52     Feb 19, 2025
    Drawdown Addict likes this.
  3. Sekiyo

    Sekiyo

    StDev Outcome vs Beta
    upload_2025-2-19_16-18-21.png

    % Outcome vs EPS Rating
    upload_2025-2-19_16-20-48.png
     
    #53     Feb 19, 2025
    deltaf0rce likes this.
  4. Sekiyo

    Sekiyo

    Most Significant Relationship are these

    [​IMG]

    [​IMG]

    [​IMG]
    This is (median abs earnings moves) / IV

    Not much data tough.

    The logic here is the smaller the past moves and the higher the IV the more likely to catch a multiple standard deviation move (IV wise).

    Which is the exact opposite of what I thought

    There are about 60 names reporting overnight.
    I’ll try to keep track of them as well.
     
    Last edited: Feb 19, 2025
    #54     Feb 19, 2025
    deltaf0rce likes this.
  5. Sekiyo

    Sekiyo

    upload_2025-2-19_17-43-45.png
    upload_2025-2-19_17-43-57.png

    Not surprised. GRAB is all over fintweet.
    At the bottom CVNA was all over r/WSB

    GRAB P/C vol is currently 0.5
    Might give it a call

    Ye bought 5 GRAB FEB21 '25 6$ Call @ 0.2
    Now pray for a +30% move lol
     
    Last edited: Feb 19, 2025
    #55     Feb 19, 2025
  6. Sekiyo

    Sekiyo

    CNP might be better though (smaller avg move).
     
    #56     Feb 19, 2025
  7. Sekiyo

    Sekiyo

    upload_2025-2-19_19-9-29.png

    Score = (HV/AvgMoves) / (IV/AvgMoves)

    Signed outcome including %Call VOL

    upload_2025-2-19_19-22-30.png
     
    Last edited: Feb 19, 2025
    #57     Feb 19, 2025
  8. Sekiyo

    Sekiyo

    upload_2025-2-19_20-2-3.png
     
    #58     Feb 19, 2025
  9. Sekiyo

    Sekiyo

    Running out of luck GRAB down 10%
    Less than IV (13%) that’s what bother me.

    I also have 1 SWTX call.
    Hope to make some losses back with it.
     
    #59     Feb 19, 2025
  10. Sekiyo

    Sekiyo

    Out of 62 earnings, the average StDev move is 1.16.
    upload_2025-2-20_15-52-35.png

    I can't find any meaningful relationships.
    I think I am going to stop here :D

    upload_2025-2-20_16-2-6.png

    upload_2025-2-20_16-3-14.png

    upload_2025-2-20_16-4-24.png

    upload_2025-2-20_16-9-30.png

    I think the best way to hit multiple StDev moves (IV wise) is to profit from longer trends.
     
    Last edited: Feb 20, 2025
    #60     Feb 20, 2025
    dWq54ZSnBqX44AW4 and deltaf0rce like this.