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Earnings

Monday, February 25th 2019

Reuters SYMC (-33%) Story Using ORATS Earnings Research

See how to read the Reuters SYMC Story using ORATS earnings research.

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Summary

Reuters used ORATS earnings information in their story on SYMC's earnings move to the downside of 33%. ORATS reported that the straddle for SYMC going into earnings was 50% higher than the historical average over the past 12 quarters. ORATS has a method for isolating the straddle price that relates only to the earnings announcement, allowing for better comparisons to historical earnings straddles. ORATS also has a signal that has performed well over earnings season.

Reuters used ORATS earnings information in their STORY on SYMC earnings move to the downside of 33%.

ORATS earn move report showed that the straddle for SYMC going into earnings was 50% higher than the historical average over the past 12 quarters.

ORATS has a method for isolating the straddle price that relates only to the earnings announcement. To do this we project an earnings move distribution and the implied volatility change from before earnings to after earnings. Isolating the straddle allows for better comparisons to historical earnings straddles especially when the days to expiration or implied volatility are different.

ORATS also has a signal that has performed well over earnings season. We will publish a summary after the earnings season is over.

Disclaimer:

The opinions and ideas presented herein are for informational and educational purposes only and should not be construed to represent trading or investment advice tailored to your investment objectives. You should not rely solely on any content herein and we strongly encourage you to discuss any trades or investments with your broker or investment adviser, prior to execution. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. Option trading and investing involves risk and is not suitable for all investors.

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The opinions and ideas presented herein are for informational and educational purposes only and should not be construed to represent trading or investment advice tailored to your investment objectives. You should not rely solely on any content herein and we strongly encourage you to discuss any trades or investments with your broker or investment adviser, prior to execution. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. Option trading and investing involves risk and is not suitable for all investors. For more information please see our disclaimer.
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