Amazon is going to release Quarterly Earnings around July 24 (give or take a day or two, this is when they have in the past 2 years). As you will easily see in the graphic below, Options on AMZN experience a significant increase in their Implied Volatility. Currently the IV for Options on AMZN remains near the rolling 12-months' low. I will continue monitoring AMZN but expect to initiate a Straddle (buy Calls and Puts at the same Strike Price and same Expiration Month) somewhere in the middle of June.
Cheers.

3 comments:
Hi Chad :
Thanks for dropping by my blog. You have some fantastic stuff about options in your blog.
Regards,
Tony Chai
what website do u use to get the volatility graphs?
http://ise.com/WebForm/md_livevol.aspx?categoryId=124&header3=true&menu1=true.html
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