Options
Call spread setups on the momentum names: defined risk, known max profit, no guessing at position size. Scan last run 13h ago
#1SMTC
Semtech Corporation
$171.48
The two option contracts that make up the spread, shown as long strike / short strike: buy the lower strike call, sell the higher strike call. The short leg cheapens the trade in exchange for capping the profit.DTE (days to expiration): how many days until the option contracts expire. This screen targets 25 to 75 days, long enough for the move to play out, short enough that you are not paying for a year of waiting.Net debit: what you pay to open the spread (the long call's cost minus what selling the short call brings in), per share. Times 100 per contract. It is also the most you can lose on the trade.R:R (reward to risk): maximum profit divided by maximum loss. 2:1 means the trade can make up to twice what it risks. This screen requires the debit to be at most 40% of the strike width, which guarantees at least 1.5:1.IV proxy: a stand-in for IV rank while a year of volatility history accumulates. It is current implied volatility divided by the stock's actual recent volatility; below 1.25 counts as options being reasonably priced.Ideal pricing: the net debit is 33% or less of the distance between the strikes, the plan's stricter bar. The cheaper the spread relative to its width, the better the reward to risk.
Max profit / loss per spread$5,095 / -$1,905
Breakeven$179.05
High volatility: biggest expected swings
Names reporting inside two weeks, ranked by how many normal weeks of movement the options market is pricing into the report; measured live during market hours
| Symbol | Market cap: the total value of all the company's shares, price times share count. Mega is $200B and up, large $10B to $200B, mid $2B to $10B, small $300M to $2B. Bigger companies tend to be better known, more liquid, and less prone to wild data glitches. | Reports | Implied move: the size of the swing the options market itself is pricing in through the next earnings report, in either direction. It is the real quoted cost of an at the money straddle (a call plus a put) divided by the stock price, measured to the first expiry after the report. | Normal week: how much this stock usually moves in five trading days, computed from its actual daily price changes over the last three months. It is the baseline the implied move is compared against. | Swing ratio: the implied move divided by the stock's normal week. A ratio of 3x means the options market is pricing an earnings reaction three times the size of an ordinary week for this stock; the bigger the ratio, the bigger the expected shakeup. | Vol trend: realized volatility over the last 5 sessions compared with the last 60. Heating up means the stock is already moving more than usual before the report; steady means recent trading looks like the longer average. |
|---|---|---|---|---|---|---|
| CNXC Concentrix Corporation | $1.7B | Sep 29 (6d) | ±25.1% | ±11.0% | 2.3x | quiet lately |
| AIR AAR Corp. | $4.5B | Sep 29 (6d) | ±14.4% | ±7.0% | 2.0x | steady |
| NKE Nike, Inc. | $53.5B | Oct 1 (8d) | ±8.3% | ±4.4% | 1.9x | steady |
| SNX TD SYNNEX Corporation | n/a | Sep 24 (0d) | ±9.1% | ±4.9% | 1.8x | heating up |
| CCL Carnival Corporation Ltd. | $30.5B | Sep 29 (5d) | ±8.0% | ±4.7% | 1.7x | quiet lately |
| STZ Constellation Brands, Inc. | $20.6B | Oct 6 (13d) | ±6.9% | ±4.3% | 1.6x | quiet lately |
| FDS FactSet Research Systems Inc. | $10.1B | Sep 30 (6d) | ±11.1% | ±7.5% | 1.5x | steady |
| NG Novagold Resources Inc. | $3.2B | Sep 30 (6d) | ±14.3% | ±9.9% | 1.4x | steady |
| COST Costco Wholesale Corporation | $400B | Sep 24 (1d) | ±3.9% | ±2.8% | 1.4x | steady |
| PENG Penguin Solutions, Inc. | $2.7B | Oct 6 (13d) | ±20.9% | ±15.5% | 1.3x | steady |
| BB BlackBerry Limited | $4.7B | Sep 24 (0d) | ±13.4% | ±10.6% | 1.3x | quiet lately |