Potential low vol option positions for 2024


Hello!

In today’s video we talk about low IV and how investors could potentially position for more upside in 2024 or hedge 2023’s gain at these low vol levels. We look deep into the calendar for potential opportunities. Hope you enjoy:

Trending
Avidity Biosciences Inc (RNA) +26.30%
Pdd Holdings Inc (PDD) +14.68%
Infosys Ltd ADR (INFY) -1.24%
Zscaler Inc (ZS) -5.27%
Marathon Digital Hldgs Inc (MARA) +2.57%
Shopify Inc (SHOP) -1.95%
Affirm Holdings Inc Cl A (AFRM) +1.60%
Johnson & Johnson (JNJ) +0.01%
Safety Shot Inc (SHOT) -4.89%
Coinbase Global Inc Cl A (COIN) +1.81%

Today’s Earnings Highlights:
Intuit Inc. (INTU) Expected Move: 3.70%
CrowdStrike Holdings, Inc. (CRWD) Expected Move: 6.41%
Splunk Inc. (SPLK) Expected Move: 0.79%
Hewlett Packard Enterprise Company (HPE) Expected Move: 6.43%
NetApp, Inc. (NTAP) Expected Move: 4.76%

Economic Calendar
At 10:00 AM (EST) CB Consumer Confidence (Nov) Estimates: 101, Prior: 102.6
At 10:00 AM (EST) Fed Goolsbee Speech Impact: Medium
At 10:05 AM (EST) Fed Waller Speech Impact: Medium
At 10:45 AM (EST) Fed Bowman Speech Impact: Medium
At 01:05 PM (EST) Fed Barr Speech Impact: Medium

Unusual Options Volume

ZS (+1229%), ROKU (+885%), FTCH (+639%), SHOP (+630%), FUTU (+593%), SPLK (+585%), LYFT (+528%), COIN (+522%), CHWY (+455%), COST (+448%), CRWD (+440%), SNOW (+343%), OKTA (+328%), UNH (+322%), JWN (+309%)

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Based upon publicly available information derived from option prices at the time of publishing. Intended for informational and educational purposes only and is not any form of recommendation of a particular security, strategy or to open a brokerage account. Options price data and past performance data should not be construed as being indicative of future results and do not guarantee future results or returns. Options involve risk, including exposing investors to potentially significant losses and are therefore not suitable for all investors. Option spreads involve additional risks that should be fully understood prior to investing. Securities trading is offered through Options AI Financial, LLC, member FINRA and SIPC

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