Symantec Corporation Stock Volatility Hits A Depressed Level

Stock Alert – But Not What You Might Think

Before we cover the full analysis we make a quick alert here that Symantec Corporation (NASDAQ:SYMC) has seen its stock price move at a substantially lowered level. We’ll go through the details below — but that’s the lede — the stock has been unusally quiet. If there was a post it note to summarize the stock movement in the last 30-days it would likely read “quiet time… too quiet?” The HV20 is 26.38% verus the HV20 of the S&P 500 at 3.29%.

Another bit to this alert of quiet time, which we cover in the article, is that while the historical volatility may be a substantially lowered level, the real question that needs to be answered for option traders is not if the HV20 is low, but rather if the implied volatility that is priced for the next 30-days accuratley reflects what we’re about to see in the stock for the next month.

To jump forward and examine if owning or shorting options has been a positive trade in Symantec Corporation, you can go here: Getting serious about option trading.

PREFACE

This is a proprietary realized volatility rating created by Capital Market Laboratories (CMLviz) based on a large number of data interactions for Symantec Corporation (NASDAQ:SYMC) . We examine
the little used gem of daily stock volatility over a 20-day and 30-day trading period, as well as comparisons to the last year and the actual stock returns over the last three- and six-months
and the S&P 500 and Nasdaq 100 indices.


Option trading isn’t about luck — this four minute video will change your trading life forever: Option Trading and Truth

As a heads up, in the “Why This Matters” section at the end of this article on Symantec Corporation (NASDAQ:SYMC) , we’re going to take a step back and show really clearly
that there is actually a lot less “luck” in successful option trading than most people are aware of. This idea of an “option trading expert” is vastly over complicated
so those with the information advantage can continue to profit at the expense of the rest.

But before that, let’s turn back to SYMC. Here are the exact steps that led us to this rating, and whether it’s a risk alert or a holding pattern.

SYMC Recent Stock Volatility

Rating

Stock volatility using proprietary measures has hit a substantially lowered level.

Note
Even though Symantec Corporation generates substantial revenue, its a small cap technology company which means SYMC is susceptible to excessive risk.

Losses
We also note that SYMC has negative GAAP earnings in the last year which makes it ever more susceptible to stock volatility. Here is a rolling annual volatility chart of the biotech index (IBB) versus the Nasdaq 100 and the S&P 500. Note how elevated the technology sector volatility is (the yellow curve) relative to the S&P 500.

While stocks with SYMC’s profile see a short-term quiet period, this is also one of those times
when a shake out volatility move could be on the horizon.
Let’s take a deep dive into some institutional level volatility measures for Symantec Corporation (NASDAQ:SYMC) .

Symantec Corporation Stock Performance

SYMC is up +4.7% over the last three months and up +6.4% over the last six months. The stock price is up +35.6% over the last year. The current stock price is $32.66.


SYMC Step 1: Stock Returns

The one-year stock return does not impact the volatility rating since we are looking at a shorter time horizon. However, the rating does examine the 3-month returns and the
absolute difference between the 3-month and 6-month returns.

  The 3-month stock return of +4.7% is too small to impact the stock volatility rating for SYMC.
  The small difference between the 3-month and 6-month stock returns does not impact the stock volatility rating for SYMC.

SYMC Step 2: Daily Stock Volatility Level

The HV30® takes the stock’s day to day historical volatility over the last 30-days and then annualizes it. The HV20 looks back over just 20-days — a shorter time period. Here is the breakdown for Symantec Corporation (NASDAQ:SYMC) and how the day-by-day stock historical volatilities have impacted the rating:

  The HV20 of 21.5% is low enough that it has a downward impact on SYMC’s volatility rating.

SYMC Step 3: Symantec Corporation HV20 Compared to Indices

* The HV20 for SYMC is substantially larger than that for both the S&P 500 and the NASDAQ 100 which raises the volatility rating.

* The HV20 for SYMC is substantially larger than that for the Technology ETF (XLK) which raises the volatility rating.

Here is summary data in tabular and chart format.

           SYMC
           HV20    
   S&P 500
HV20
   NASDAQ 100
HV20   
   XLK
HV20   
           21.5%    3.29%    7.08%    7.41%

SYMC Step 4: Daily Volatility Percentiles and Highs

We also examine the annual high of the HV30 in our rating but in this case the 52 week high in HV30 for SYMC is 35.1%,
which is not enough to impact the stock volatility rating.

Here is summary data in tabular and chart format.

           SYMC
           HV20    
   SYMC
HV30
   SYMC
HV30 High   
           21.5%    26.4%    35.1%

Final Stock Volatility Percentile Level: SYMC

The final evolution of the volatility rating for Symantec Corporation is a comparison of the HV30 value relative to its past, which is neatly summarized in the percentile — a scoring mechanism that goes from a low of 1 to a high of 100.

 
The HV30 percentile for Symantec Corporation is 63%, which means the stock has seen elevated volatile price movement relative to its own past and
that has a small impact on the stock volatility rating.


Symantec Corporation Realized Volatility Percentiles

Acer Therapeutics Inc. :ACER Volatility at Extreme Levels – Aiken Advocate

Shares of Acer Therapeutics Inc. (:ACER) are displaying higher volatlity in today’s session as the stock has moved 9.80%, clocking in at $19.49 immediately after a latest bid.

Volatility is the dispersion of returns for a supplied stock. It is quantified by quick-expression traders as the typical distinction concerning a stock’s every day higher and every day minimal, then divided by the stock price tag. In other terms, volatility refers to the volume of chance about the sizing of modifications in a stock’s value. 

Traders are frequently searching to discover profitable stocks that have been mainly overlooked. With markets continue to driving higher, this may possibly not be the easiest factor in the globe proper now. Locating those best stocks right before they become home names may possibly just take a large amount of research and research. Many investors will apply various approaches for choosing stocks. If there was one particular that worked for everybody, it would make matters tremendous quick. Of study course, this is not the situation. Obviously, there are no assures in the stock industry. Some investors may possibly only aim on the fundamentals of a enterprise and fully overlook the technicals. Other people may possibly decide on to only watch technicals and by no means just take a look at the fundamental enterprise info. Combining both regions of research may possibly enable give a much better come to feel of what is heading on with the stock in the lengthy expression and the quick expression. Particular person investors who control their possess portfolios may possibly require to put in a large amount far more time than those who never. Profitable investors often have an uncanny way of filtering out the sounds and keeping their aim on the proper info. 

Based on data delivered from analysts polled by Thomson Reuters, Acer Therapeutics Inc. has a latest consensus goal price tag of 10.36. The latest consensus analyst recommendation is sitting down at 3.00 on enterprise shares. Traders will probable be tracking any consensus estimate modifications heading into the subsequent earnings interval.

Following a latest spot-check out, Acer Therapeutics Inc. (:ACER)’s ATR is 1.67. The Average Correct Assortment (ATR) is a evaluate of stock volatility. The Average Correct Assortment is an exponential going typical (14-days) of the Correct Assortment. The variety of a day’s investing is higher-minimal, and Correct Assortment expands into yesterday’s close when it lands outside the house of today’s variety.

Taking a closer look into the volatility on shares of Acer Therapeutics Inc. (:ACER), we recognize that the stock is 42.08% off of the 20-Day Very simple Moving Average. Zooming out to the 50-Day Very simple Moving Average, we can see a distinction of 78.72% from latest stock amounts.

Going out even even further, the 200-Day Very simple Moving Average is recorded 116.30% absent from the latest share price tag. Business shares were not long ago noted -13.88% off of the 50-working day higher and 165.08% absent from the 50-working day minimal. Let’s also just take a fast peek at the 52 week highs/lows.

At present, the stock is -52.59% divided from the 52 week higher and 276.42% from the minimal.


Motorola Solutions Inc Stock Volatility Hits A Deteriorated Level

Stock Alert – But Not What You Might Think

Before we cover the full analysis we make a quick alert here that Motorola Solutions Inc (NYSE:MSI) has seen its stock price move at a deteriorated level. We’ll go through the details below — but that’s the lede — the stock has been unusally quiet. If there was a post it note to summarize the stock movement in the last 30-days it would likely read “quiet time… too quiet?” The HV20 is 19.2% verus the HV20 of the S&P 500 at 3.55%.

Another bit to this alert of quiet time, which we cover in the article, is that while the historical volatility may be a deteriorated level, the real question that needs to be answered for option traders is not if the HV20 is low, but rather if the implied volatility that is priced for the next 30-days accuratley reflects what we’re about to see in the stock for the next month.

To jump forward and examine if owning or shorting options has been a positive trade in Motorola Solutions Inc, you can go here: Getting serious about option trading.

PREFACE

This is a proprietary realized volatility rating created by Capital Market Laboratories (CMLviz) based on a large number of data interactions for Motorola Solutions Inc (NYSE:MSI) . We examine
the little used gem of daily stock volatility over a 20-day and 30-day trading period, as well as comparisons to the last year and the actual stock returns over the last three- and six-months
and the S&P 500 and Nasdaq 100 indices.


Option trading isn’t about luck — this four minute video will change your trading life forever: Option Trading and Truth

As a heads up, in the “Why This Matters” section at the end of this article on Motorola Solutions Inc (NYSE:MSI) , we’re going to take a step back and show really clearly
that there is actually a lot less “luck” in successful option trading than most people are aware of. This idea of an “option trading expert” is vastly over complicated
so those with the information advantage can continue to profit at the expense of the rest.

But before that, let’s turn back to MSI. Here are the exact steps that led us to this rating, and whether it’s a risk alert or a holding pattern.

MSI Recent Stock Volatility

Rating

Stock volatility using proprietary measures has hit a deteriorated level.

Note
Even though Motorola Solutions Inc generates substantial revenue, its a small cap technology company which means MSI is susceptible to excessive risk. Here is a rolling annual volatility chart of the biotech index (IBB) versus the Nasdaq 100 and the S&P 500. Note how elevated the technology sector volatility is (the yellow curve) relative to the S&P 500.

While stocks with MSI’s profile see a short-term quiet period, this is also one of those times
when a shake out volatility move could be on the horizon.
Let’s take a deep dive into some institutional level volatility measures for Motorola Solutions Inc (NYSE:MSI) .

Motorola Solutions Inc Stock Performance

MSI is up +2.1% over the last three months and up +6.4% over the last six months. The stock price is up +19.3% over the last year. The current stock price is $89.08.


MSI Step 1: Stock Returns

The one-year stock return does not impact the volatility rating since we are looking at a shorter time horizon. However, the rating does examine the 3-month returns and the
absolute difference between the 3-month and 6-month returns.

  The 3-month stock return of +2.1% is too small to impact the stock volatility rating for MSI.
  The small difference between the 3-month and 6-month stock returns does not impact the stock volatility rating for MSI.

MSI Step 2: Daily Stock Volatility Level

The HV30® takes the stock’s day to day historical volatility over the last 30-days and then annualizes it. The HV20 looks back over just 20-days — a shorter time period. Here is the breakdown for Motorola Solutions Inc (NYSE:MSI) and how the day-by-day stock historical volatilities have impacted the rating:

  The HV20 of 20.1% is low enough that it has a downward impact on MSI’s volatility rating.

MSI Step 3: Motorola Solutions Inc HV20 Compared to Indices

* The HV20 for MSI is substantially larger than that for both the S&P 500 and the NASDAQ 100 which raises the volatility rating.

* The HV20 for MSI is substantially larger than that for the Technology ETF (XLK) which raises the volatility rating.

Here is summary data in tabular and chart format.

           MSI
           HV20    
   S&P 500
HV20
   NASDAQ 100
HV20   
   XLK
HV20   
           20.1%    3.55%    7.87%    8.02%

MSI Step 4: Daily Volatility Percentiles and Highs

We also examine the annual high of the HV30 in our rating but in this case the 52 week high in HV30 for MSI is 23.5%,
which is not enough to impact the stock volatility rating.

Here is summary data in tabular and chart format.

           MSI
           HV20    
   MSI
HV30
   MSI
HV30 High   
           20.1%    19.2%    23.5%

Final Stock Volatility Percentile Level: MSI

The final evolution of the volatility rating for Motorola Solutions Inc is a comparison of the HV30 value relative to its past, which is neatly summarized in the percentile — a scoring mechanism that goes from a low of 1 to a high of 100.

 
The HV30 percentile for Motorola Solutions Inc is 67%, which means the stock has seen elevated volatile price movement relative to its own past and
that has a small impact on the stock volatility rating.


Motorola Solutions Inc Realized Volatility Percentiles

Symantec Corporation Price Volatility Hits A Substantially Lowered Level

Symantec Corporation (NASDAQ:SYMC) Price Volatility Hits A Substantially Lowered Level

Stock Alert – But Not What You Might Think

Before we cover the full analysis we make a quick alert here that Symantec Corporation (NASDAQ:SYMC) has seen its stock price move at a depressed level. We’ll go through the details below — but that’s the lede — the stock has been unusally quiet. If there was a post it note to summarize the stock movement in the last 30-days it would likely read “quiet time… too quiet?” The HV20 is 22.77% verus the HV20 of the S&P 500 at 4.72%.

Another bit to this alert of quiet time, which we cover in the article, is that while the historical volatility may be a depressed level, the real question that needs to be answered for option traders is not if the HV20 is low, but rather if the implied volatility that is priced for the next 30-days accuratley reflects what we’re about to see in the stock for the next month.

To jump forward and examine if owning or shorting options has been a positive trade in Symantec Corporation, you can go here: Getting serious about option trading.

PREFACE

This is a proprietary realized volatility rating created by Capital Market Laboratories (CMLviz) based on a large number of data interactions for Symantec Corporation (NASDAQ:SYMC) . We examine
the little used gem of daily stock volatility over a 20-day and 30-day trading period, as well as comparisons to the last year and the actual stock returns over the last three- and six-months
and the S&P 500 and Nasdaq 100 indices.


Option trading isn’t about luck — this four minute video will change your trading life forever: Option Trading and Truth

As a heads up, in the “Why This Matters” section at the end of this article on Symantec Corporation (NASDAQ:SYMC) , we’re going to take a step back and show really clearly
that there is actually a lot less “luck” in successful option trading than most people are aware of. This idea of an “option trading expert” is vastly over complicated
so those with the information advantage can continue to profit at the expense of the rest.

But before that, let’s turn back to SYMC. Here are the exact steps that led us to this rating, and whether it’s a risk alert or a holding pattern.

SYMC Recent Price Volatility

Rating

Price volatility using proprietary measures has hit a depressed level.

Note
Even though Symantec Corporation generates substantial revenue, its a small cap technology company which means SYMC is susceptible to excessive risk.

Losses
We also note that SYMC has negative GAAP earnings in the last year which makes it ever more susceptible to stock volatility. Here is a rolling annual volatility chart of the biotech index (IBB) versus the Nasdaq 100 and the S&P 500. Note how elevated the technology sector volatility is (the yellow curve) relative to the S&P 500.

While stocks with SYMC’s profile see a short-term quiet period, this is also one of those times
when a shake out volatility move could be on the horizon.
Let’s take a deep dive into some institutional level volatility measures for Symantec Corporation (NASDAQ:SYMC) .

Symantec Corporation Stock Performance

SYMC is up +19.4% over the last three months and up +10.1% over the last six months. The stock price is up +34.5% over the last year. The current stock price is $33.92.


SYMC Step 1: Stock Returns

The one-year stock return does not impact the volatility rating since we are looking at a shorter time horizon. However, the rating does examine the 3-month returns and the
absolute difference between the 3-month and 6-month returns.

  The 3-month stock return of +19.4% has a small impact on the price volatility rating for SYMC.
  The small difference between the 3-month and 6-month stock returns does not impact the price volatility rating for SYMC.

SYMC Step 2: Daily Price Volatility Level

The HV30® takes the stock’s day to day historical volatility over the last 30-days and then annualizes it. The HV20 looks back over just 20-days — a shorter time period. Here is the breakdown for Symantec Corporation (NASDAQ:SYMC) and how the day-by-day price historical volatilities have impacted the rating:

  The HV20 of 22.4% is low enough that it has a downward impact on SYMC’s volatility rating.

SYMC Step 3: Symantec Corporation HV20 Compared to Indices

* The HV20 for SYMC is substantially larger than that for both the S&P 500 and the NASDAQ 100 which raises the volatility rating.

* The HV20 for SYMC is substantially larger than that for the Technology ETF (XLK) which raises the volatility rating.

Here is summary data in tabular and chart format.

           SYMC
           HV20    
   S&P 500
HV20
   NASDAQ 100
HV20   
   XLK
HV20   
           22.4%    4.72%    8.73%    9.21%

SYMC Step 4: Daily Volatility Percentiles and Highs

We also examine the annual high of the HV30 in our rating but in this case the 52 week high in HV30 for SYMC is 35.1%,
which is not enough to impact the price volatility rating.

Here is summary data in tabular and chart format.

           SYMC
           HV20    
   SYMC
HV30
   SYMC
HV30 High   
           22.4%    22.8%    35.1%

Final Price Volatility Percentile Level: SYMC

The final evolution of the volatility rating for Symantec Corporation is a comparison of the HV30 value relative to its past, which is neatly summarized in the percentile — a scoring mechanism that goes from a low of 1 to a high of 100.


Symantec Corporation Realized Volatility Percentiles

The Volatility Option Trade After Earnings in Motorola Solutions Inc

LEDE

This is a slightly advanced option trade that bets on volatility for a period that starts one-day after Motorola Solutions Inc (NYSE:MSI) earnings and lasts for the 6 calendar days to follow, that has been a winner for the last 2 years. We note the use of strict risk controls in this analysis.


Option trading isn’t about luck — this four minute video will change your trading life forever: Option Trading and Truth

Motorola Solutions Inc (NYSE:MSI) Earnings

In Motorola Solutions Inc, irrespective of whether the earnings move was large or small, if we waited one-day after earnings and then bought a one-week straddle (using weekly options), the results were quite strong. This trade opens one-day after earnings were announced to try to find a stock that moves a lot after the earnings announcement.

Simply owning options after earnings, blindly, is likely not a good trade, but hand-picking the times and the stocks to do it in can be useful. We can test this approach without bias with a custom option back-test. Here is the timing set-up around earnings:

Rules

* Open the long straddle one-calendar day after earnings.

* Close the straddle 7 calendar days after earnings.

* Use the options closest to 7 days from expiration (but at least 7-days).

This is a straight down the middle volatility bet — this trade wins if the stock is volatile the week following earnings and it will stand to lose if the stock is not volatile. This is not a silver bullet — it’s a trade that needs to be carefully examined.

But, this is a stock direction neutral strategy, which is to say, it wins if the stock moves up or down — it just has to move.

RISK CONTROL

Since blindly owning volatility can be a quick way to lose in the option market, we will apply a tight risk control to this analysis as well. We will add a 40% stop loss and a 40% limit gain.

In English, at the close of every trading day, if the straddle is up 40% from the price at the start of the trade, it gets sold for a profit. If it is down 40%, it gets sold for a loss. This also has the benefit of taking profits if there is volatility early in the week rather than waiting to close 7-days later.

RESULTS

If we bought the straddle in Motorola Solutions Inc (NYSE:MSI) over the last two-years but only held it after earnings we get these results:

We see a 110.6% return, testing this over the last 8 earnings dates in Motorola Solutions Inc. That’s a total of just 48 days (6 days for each earnings date, over 8 earnings dates).
That’s an annualized rate of 841%.

Looking at Averages

The overall return was 110.6%; but the trade statistics tell us more with average trade results:

      The average return per trade was 16.75% over 6-days.

      The average return per winning trade was 32.31% over 6-days.

      The average return per losing trade was -29.94% over 6-days.

Looking at the Last Year

While we just looked at a multi-year back-test, we can also hone in on the most recent year with the same test:

Now we see a 31% return over the last year and a 75% win-rate.

      The average return for the last year per trade was 8.19% over 6-days.

      The average return for the last year per winning trade was 21.08% over 6-days.

      The average return per losing trade was -30.48% over 6-days.

An Alternative

For the the more advanced option trader, a similar approach to this strategy would be to sell a strangle around this straddle turning it into an iron butterfly. You can test this approach in the CML Trade Machine (option back-tester).

WHAT HAPPENED

This is how people profit from the option market. Take a reasonable idea or hypothesis, test it, and apply lessons learned.