In a recent Member Q&A session SpotGamma discussed how traders can analyze implied volatility and potential stock movements by comparing the relative moves and reaction of stocks in similar sectors. Here we look at the volatility & setup into SMCI’s earnings report, and its subsequent reaction, to guide us on what may happen for AMD […]
term structure
LLY Using Implied Volatility: a SpotGamma Options Case Study
Shares of LLY were +3.5% near $612 today, Wed Jan 3rd, despite broader market weakness (SPY, -0.55% orange). There was no concrete news around the increase in LLY shares, which led us to dive into options flow as a potential driver. We start with our HIRO indicator, which measures market maker hedging pressure based on […]
