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Oct 14 2026

CYTK: A $390K Options Bet Targets November FDA Catalyst

CYTK: Options Traders Position for a November FDA Catalyst

Cytokinetics (CYTK) is setting up as an interesting event-driven biotech trade into November, with the options market beginning to position around a major FDA decision while the stock sits near the lower end of its recent range.

Written by SpotGamma · Categorized: Market Analysis · Tagged: biotech, call spread, gamma, hedging, implied volatility

Oct 07 2026

Delta Earnings Preview: Options Price a Meaningful Move as Fuel Costs Test the Bull Case

Delta Earnings Preview: Options Price a Meaningful Move as Fuel Costs Test the Bull Case

Delta Air Lines (DAL) reports third-quarter earnings before the market opens Friday, October 9, with investors watching whether strong premium travel demand can continue to offset rising fuel costs.

Written by SpotGamma · Categorized: Market Analysis · Tagged: call spread, DAL, earnings, gamma, implied volatility, negative gamma, volatility

Sep 29 2026

Micron Earnings Preview: Can the AI Memory Boom Keep Delivering?

Micron (MU) daily candlestick chart from April to late September 2026 with moving averages, Fibonacci retracement levels, volume profile and RSI, showing the stock near $1,070 just above the 0.618 retracement at $1,057.

Micron (MU) reports earnings Wednesday after the close, and this may be one of the most important semiconductor reports of the week.

Written by SpotGamma · Categorized: Market Analysis · Tagged: butterfly spread, call spread, earnings, gamma, implied volatility, iron condor, MU, negative gamma, put spread, volatility

Sep 24 2026

Erasca’s November Catalyst: Promising Data, High Expectations and Strategic Optionality

Erasca’s November Catalyst: Promising Data, High Expectations and Strategic Optionality

The company’s lead drug, ERAS-0015, has shown encouraging early results. On November 20, Erasca will provide updated clinical data that could produce a large move in the stock.

Written by SpotGamma · Categorized: Market Analysis · Tagged: binary, biotech, call spread, ERAS, implied volatility, skew, term structure

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  • CYTK: A $390K Options Bet Targets November FDA Catalyst
  • Why Option Premiums Look Too Thin To Sell
  • CPI Meets Positive Gamma: The SPX Levels That Could Determine the Next Move
  • The OPEX Effect: Put Selling Is Still Doing The Work
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