An indirect method is to look at option implied volatility levels. A screen at something like ivolatility.com should turn up vehicles with either overall high nominal levels or high relative levels. That’s typically the best indicator that a binary type of event is in the offing.
From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of Christian Gross
Sent: Tuesday, December 22, 2009 6:16 PM
To: OptionClub@yahoogroups.com
Subject: Re: [TheOptionClub.com] How to identify pending events that can change stock price direction
If you have the money (1900 USD per month) Bloomberg...
Outside of that... news.google.com and creative use of a search engine.
Christian Gross
On 22/12/2009 20:14, Dave wrote:
Hello
Has anyone come across a website or other resource that makes it easy to identify pending events (like pending lawsuits, patents, buyouts, etc… ) that could significantly impact a stock’s price direction in the short term? In the past I’ve spent hours searching thru recent news clippings to find these things, and would like to know if there’s something better out there.
Thanks in advance – Dave
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading. All messages and postings, and any materials circulated are provided for discussion and educational purposes only. No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice. All investors are encouraged to consult a qualified professional before trading in any security. Stock and option trading involves risk and is not suitable for most people. There is no guarantee that any information provided is accurate and, may in fact, be wrong. It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student. As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.
To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
No comments:
Post a Comment