Ophir Gottlieb | Oct 23, 2013 03:13AM ET
Angie’s List, Inc. (ANGI) operates a consumer-driven service for members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.
I found this stock using a real-time custom scan. This one hunts for elevated vols. ANGI has earnings due out tomorrow AMC, so now is the time to examine the volatility, and of course, it should be elevated into the earnings event.
The two-year ANGI Charts Tab is included (below). The top portion is the stock price; the bottom is the vol (IV30™ - red vs HV20™ - blue vs HV180™ - pink).
So what was the news?... It was actually quite big – ANGI has cut their membership prices by 75% (from $40 per year to $10 per year). The stock market didn’t like that… And now we have earnings due out which means more information, more speak from top management and more questions from top tier analysts. Let’s turn to the ~all-time IV30™ chart for ANGI in isolation, below,
Finally, let's look to the Options Tab (below).
Disclosure: This is trade analysis, not a recommendation.
Images provided by Livevol®
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.