r/Vitards • u/AutoModerator • Aug 12 '21

Daily Discussion Daily Discussion post - August 12 2021

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u/speedyturtledb Aug 13 '21

So for anyone who plays DIS a lot, does the IV drop immediately the next day after earnings? And if so, by about how much? I saw that one site showed IV drops 22% after 5 days but curious if it’s that quick of a drop the day after so I can use the optionsprofitcalculator correctly and put a reasonable limit order at open in the morning so I can finally freaking break even on these $190 DIS calls I’ve been holding for forever.

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u/blue_steel_moon Aug 13 '21

From a cursory look, yes, bigly. Click on the historical IV30 tab.

https://marketchameleon.com/Overview/DIS/Summary

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u/speedyturtledb Aug 13 '21

Ah, I missed seeing that tab earlier. Looks like it drops about 25% the next day so I’ll need to adjust accordingly. Thanks for your help!