options_implied_move
Uses ATM straddle to calculate the expected stock move implied by options. For earnings plays, it reveals market expectations and helps evaluate premium pricing.
Instructions
Calculate the expected move implied by options pricing (ATM straddle). Essential for earnings plays — shows how much the market expects the stock to move. Compare implied vs historical moves to assess if premium is cheap or expensive.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Stock ticker symbol (e.g. 'AAPL', 'NYSE:GM') | |
| expiration | No | Expiration date as YYYY-MM-DD. If omitted, uses nearest. |