{"id":202560,"date":"2024-02-20T10:15:00","date_gmt":"2024-02-20T15:15:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=202560"},"modified":"2024-02-20T13:05:15","modified_gmt":"2024-02-20T18:05:15","slug":"de-iv-crushed-21-after-earnings-is-there-further-downside","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/","title":{"rendered":"DE IV Crushed -21% After Earnings: Is There Further Downside?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-de-post-earnings-stock-and-options-behavior\">DE Post Earnings Stock and Options Behavior<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-de-historical-implied-vs-actual-earnings-moves-chart\"><a href=\"https:\/\/marketchameleon.com\/Overview\/DE\/Earnings\/Earnings-Charts\/\">DE Historical Implied vs Actual Earnings Moves Chart<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1468\" height=\"377\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png\" alt=\"DE Historical Implied vs Actual Earnings Moves Chart\" class=\"wp-image-202573 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png 1468w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-700x180.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1100x282.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-300x77.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-768x197.png 768w\" data-sizes=\"(max-width: 1468px) 100vw, 1468px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1468px; aspect-ratio: 1468\/377;\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/marketchameleon.com\/Overview\/DE\/\">DE<\/a>&#8216;s recent earnings report delivered a double whammy: a 5.4% stock drop exceeding the pre-earnings straddle&#8217;s 4.5% expectation and a subsequent 21% plummet in implied volatility (IV). But is this IV &#8220;crush&#8221; overdone, and could a rebound be on the horizon?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-historical-de-iv-earnings-crush-stats\"><a href=\"https:\/\/marketchameleon.com\/Overview\/DE\/Earnings\/Earnings-Charts\/\">Historical DE IV Earnings Crush Stats<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"776\" height=\"285\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1.png\" alt=\"Historical DE IV Earnings Crush Stats\" class=\"wp-image-202574 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1.png 776w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1-700x257.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1-300x110.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-1-768x282.png 768w\" data-sizes=\"(max-width: 776px) 100vw, 776px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 776px; aspect-ratio: 776\/285;\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-de-pre-earnings-iv\">DE Pre-Earnings IV<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"858\" height=\"618\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/image-19.png\" alt=\"DE Pre-Earnings IV\" class=\"wp-image-202564 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/image-19.png 858w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/image-19-700x504.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/image-19-300x216.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/image-19-768x553.png 768w\" data-sizes=\"(max-width: 858px) 100vw, 858px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 858px; aspect-ratio: 858\/618;\" \/><\/figure>\n\n\n\n<p>Source: Marketchameleon<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-lower-than-usual\"><strong>Lower Than Usual<\/strong><\/h2>\n\n\n\n<p>Before the earnings report, DE&#8217;s IV stood at 28.9, below its historical average of 33.8. This lower-than-average IV potentially set the stage for the options straddle to underestimate the actual stock movement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-de-post-earnings-iv\">DE Post-Earnings IV<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"413\" height=\"587\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-3.png\" alt=\"DE Post-Earnings IV\" class=\"wp-image-202575 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-3.png 413w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download-3-300x426.png 300w\" data-sizes=\"(max-width: 413px) 100vw, 413px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 413px; aspect-ratio: 413\/587;\" \/><\/figure>\n\n\n\n<p>Source: Marketchameleon<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-drops-by-more-than-usual\"><strong>Drops By More Than Usual<\/strong><\/h2>\n\n\n\n<p>Following the earnings announcement, DE&#8217;s IV experienced a sharp decline to 22.9, marking a 21% decrease. This drop is notably steeper than the historical average IV reduction of 18% post-earnings, suggesting an overextension in the IV crush.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-historical-iv-comparison\">Historical IV Comparison<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-low-end-of-the-range\"><strong>Low End Of The Range<\/strong><\/h3>\n\n\n\n<p>The post-earnings IV of 22.9 not only falls below the historical post-earnings average of 28 but also remains subdued compared to the 5-day post-earnings average IV of 27.6%. Analyzing the IV range over the last 12 quarters\u2014high of 41.9 and&nbsp;low of 19.7\u2014shows that while the current IV is on the lower spectrum, it has seen lower levels in previous quarters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\">Conclusion<\/h2>\n\n\n\n<p>The post-earnings IV crush in DE appears to be more pronounced than usual, with the current IV trading at the lower end of its historical post-earnings spectrum. While it&#8217;s uncertain whether IV will see a rebound, the gap to return to the historical average is wider than the potential drop to the historical low range.This scenario leaves room for questioning on whether the IV crush was overdone and if a correction towards the historical mean could be in the cards.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted February 15, 2024 &#8211; <a href=\"https:\/\/marketchameleon.com\/articles\/b\/2024\/2\/15\/de-iv-crushed-21-after-earnings-is-there-further-downside\">DE IV Crushed -21% After Earnings: Is There Further Downside?<\/a><\/p>\n\n\n\n<p><strong><br>NOTE:&nbsp;<\/strong>Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated And may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices And were Not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about&nbsp;<a href=\"https:\/\/www.theocc.com\/company-information\/documents-and-archives\/options-disclosure-document\" target=\"_blank\" rel=\"noreferrer noopener\">option risks and characteristics<\/a>&nbsp;at&nbsp;<a href=\"https:\/\/www.theocc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">theocc.com<\/a>.<\/p>\n\n\n\n<p>The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DE&#8217;s recent earnings report delivered a double whammy. But is this IV &#8220;crush&#8221; overdone, and could a rebound be on the horizon?<\/p>\n","protected":false},"author":186,"featured_media":202573,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,19,8,9,22,26,3],"tags":[267,1926],"contributors-categories":[13788],"class_list":{"0":"post-202560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-north-america","8":"category-options","9":"category-region","10":"category-securities","11":"category-stocks","12":"category-text-articles","13":"category-traders-insight","14":"tag-earnings","15":"tag-options","16":"contributors-categories-market-chameleon"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DE IV Crushed -21% After Earnings: Is There Further Downside?<\/title>\n<meta name=\"description\" content=\"DE&#039;s recent earnings report delivered a double whammy. But is this IV &quot;crush&quot; overdone, and could a rebound be on the horizon?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/202560\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DE IV Crushed -21% After Earnings: Is There Further Downside? | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"DE&#039;s recent earnings report delivered a double whammy. But is this IV &quot;crush&quot; overdone, and could a rebound be on the horizon?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-20T15:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-20T18:05:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1468\" \/>\n\t<meta property=\"og:image:height\" content=\"377\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"DE IV Crushed -21% After Earnings: Is There Further Downside?\",\n\t            \"datePublished\": \"2024-02-20T15:15:00+00:00\",\n\t            \"dateModified\": \"2024-02-20T18:05:15+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/\"\n\t            },\n\t            \"wordCount\": 514,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/02\\\/download.png\",\n\t            \"keywords\": [\n\t                \"earnings\",\n\t                \"options\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"North America\",\n\t                \"Options\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/\",\n\t            \"name\": \"DE IV Crushed -21% After Earnings: Is There Further Downside? | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/02\\\/download.png\",\n\t            \"datePublished\": \"2024-02-20T15:15:00+00:00\",\n\t            \"dateModified\": \"2024-02-20T18:05:15+00:00\",\n\t            \"description\": \"DE's recent earnings report delivered a double whammy. But is this IV \\\"crush\\\" overdone, and could a rebound be on the horizon?\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/de-iv-crushed-21-after-earnings-is-there-further-downside\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/02\\\/download.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/02\\\/download.png\",\n\t            \"width\": 1468,\n\t            \"height\": 377,\n\t            \"caption\": \"DE Historical Implied vs Actual Earnings Moves Chart\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DE IV Crushed -21% After Earnings: Is There Further Downside?","description":"DE's recent earnings report delivered a double whammy. But is this IV \"crush\" overdone, and could a rebound be on the horizon?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/202560\/","og_locale":"en_US","og_type":"article","og_title":"DE IV Crushed -21% After Earnings: Is There Further Downside? | IBKR Campus US","og_description":"DE's recent earnings report delivered a double whammy. But is this IV \"crush\" overdone, and could a rebound be on the horizon?","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/","og_site_name":"IBKR Campus US","article_published_time":"2024-02-20T15:15:00+00:00","article_modified_time":"2024-02-20T18:05:15+00:00","og_image":[{"width":1468,"height":377,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","type":"image\/png"}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"DE IV Crushed -21% After Earnings: Is There Further Downside?","datePublished":"2024-02-20T15:15:00+00:00","dateModified":"2024-02-20T18:05:15+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/"},"wordCount":514,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","keywords":["earnings","options"],"articleSection":["North America","Options","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/","name":"DE IV Crushed -21% After Earnings: Is There Further Downside? | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","datePublished":"2024-02-20T15:15:00+00:00","dateModified":"2024-02-20T18:05:15+00:00","description":"DE's recent earnings report delivered a double whammy. But is this IV \"crush\" overdone, and could a rebound be on the horizon?","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/options\/de-iv-crushed-21-after-earnings-is-there-further-downside\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","width":1468,"height":377,"caption":"DE Historical Implied vs Actual Earnings Moves Chart"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/02\/download.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/202560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=202560"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/202560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/202573"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=202560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=202560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=202560"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=202560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}