Weird EBAY %IV on Apr 21 '17 options

Discussion in 'Options' started by beerntrading, Mar 30, 2017.

  1. Take a look at the options chain for EBAY Apr 21 '17 options. The ATM / NTM calls and puts are all up around 40-50%, but I'm not seeing any news suggestive of increased volatility. Furthermore, other expirations are behaving as expected (up on one side, and down on the other). The volume and liquidity don't seem abnormal. Is there something I'm missing? Thoughts on why the jump?

    (I only noticed because I have a short straddle at $34 strike--and got nailed with unrealized loss today)
     
  2. newwurldmn

    newwurldmn

    Earnings are Tentatively set for Apr 19th.
     
  3. Ah, thanks. I wondered if they hadn't been brought forward. Last I saw was 4/24 (hence shorting 4/21 expiry). Any link to the news? Etrade is still showing older dates and doesn't have any press releases saying as much.
     
  4. newwurldmn

    newwurldmn

    Bloomberg terminal said 4/19 but listed it as tentative. That was my source. I have never seen the "tentative" code before. I have only seen "confirmed" and "estimated"
     
  5. JackRab

    JackRab

    beerntrading and sle like this.