BLINK option pricing day after earnings
Hot Potato Trader here, whats up fellow trader!
Earnings move range on BLINK suggests we could see a volatile swing .
BLNK is going to report earnings on Nov 12, 2020 (THURSDAY) after market close .
Key Points :
- A single earnings report can bring volatility , volume , and interest to an asset.- The options market overestimated BLNK stocks earnings move 89% of the time in the last 9 quarters.
- The predicted move after earnings announcement was ±12.8% on average vs an average of the actual earnings moves of 4.9%
- Blink was up yesterday in after hours +2.84% after an impressive 7.59% to the upside on the day .
Last Close Price: S10.21 (GOLDMAN SACS PINS 10 minutes into the close)
KEY LEVELS :
Approx Close price last price: $ 10.44
Predicted move $1.33 ( ±12.8% )
Actual move $0.51 ( ±4.9% )
Predicted Average: ± 1.33 ( ±12.8% )
upside move: $ 11.77
downside move: $ 9.10
Actual Average move: ± 0.51 ( ±4.9% )
upside move: $ 10.95
downside move: $ 9.93
BLINK is expected to stay within $9.10 and $11.77 , giving me a confidence level of 8/10.
Note: A potential catalyst such as recent news could take BLINK outside the range. In this event, the catalyst would be considered significant. And identified as an outlier will be identified as bullish or bearish .
Thanks for reviewing my idea and constructive criticism is welcome.
Earnings move range on BLINK suggests we could see a volatile swing .
BLNK is going to report earnings on Nov 12, 2020 (THURSDAY) after market close .
Key Points :
- A single earnings report can bring volatility , volume , and interest to an asset.- The options market overestimated BLNK stocks earnings move 89% of the time in the last 9 quarters.
- The predicted move after earnings announcement was ±12.8% on average vs an average of the actual earnings moves of 4.9%
- Blink was up yesterday in after hours +2.84% after an impressive 7.59% to the upside on the day .
Last Close Price: S10.21 (GOLDMAN SACS PINS 10 minutes into the close)
KEY LEVELS :
Approx Close price last price: $ 10.44
Predicted move $1.33 ( ±12.8% )
Actual move $0.51 ( ±4.9% )
Predicted Average: ± 1.33 ( ±12.8% )
upside move: $ 11.77
downside move: $ 9.10
Actual Average move: ± 0.51 ( ±4.9% )
upside move: $ 10.95
downside move: $ 9.93
BLINK is expected to stay within $9.10 and $11.77 , giving me a confidence level of 8/10.
Note: A potential catalyst such as recent news could take BLINK outside the range. In this event, the catalyst would be considered significant. And identified as an outlier will be identified as bullish or bearish .
Thanks for reviewing my idea and constructive criticism is welcome.
تم إغلاق الصفقة يدويًا:
$9.70 Close Day After Earnings.
BLINK traded within the Predicted Average move while trading outside the actual average move below $9.93
Staying within the expected range of 9.10 and 11.77
BLINK traded within the Predicted Average move while trading outside the actual average move below $9.93
Staying within the expected range of 9.10 and 11.77