Option Market Alert: Churchill Downs, Incorporated Implied Price Swing Hits An Unsually High Level – CML News

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Risk Alert: Before we dive into any analysis we simply note that Churchill Downs, Incorporated (NASDAQ:CHDN) risk is elevated. We’ll detail it below — but that’s the lede — the option market is starting to flash those neon lights that signal “risk is rising” with an IV30 of 29.56% versus the IV30 of the S&P 500 at 14.67%. The annual high for Churchill Downs, Incorporated IV30 is 31.23%.

To skip ahead of this risk alert and see if buying or selling options has been a winner in Churchill Downs, Incorporated, you can go here: Getting serious about option trading.

PREFACE
This is a proprietary risk rating and risk alert system that looks forward for the next month — or really 30 days to be exact — and that includes weekends. The system is based on multiple interactions of data points, many of which come directly from the option market for Churchill Downs, Incorporated (NASDAQ:CHDN) . The creator of this model is Capital Market Laboratories (CMLviz.com).

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