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CBRS options: IV rank, expected move and trade screens

Cerebras Systems Inc. · Technology

In the app, stock prices are live and options data is refreshed intraday.

CBRS last closed at $108.72 with 30-day implied volatility of 94.1%. That is in the upper half of its one-year range (IV rank 56), so premiums are somewhat richer than usual for CBRS. Measured by IV percentile, IV is higher than 72% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $28.40, or 26.1%.

The price is -28.0% from its 50-day moving average. It is 65.0% below its 52-week high and 33.1% above its 52-week low. The 14-day RSI of 44.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $11.52, about 10.6% of the price, a measure of a typical day's range.

Option volume at the close (146K contracts) was 2.8x its average, far busier than usual. A beta of 2.77 means CBRS has tended to move about 2.8 times as much as the broad market. 3 of our preset screens found trades on CBRS at the close, led by Unusual Call Volume with 4 trades.

CBRS stats at the close

Price
$108.72
Market cap $16.5B
Implied volatility
94.1%
30-day, at the money
IV rank
56
IV sits 56% of the way from its one-year low to its one-year high.
IV percentile
72
IV is higher than 72% of the past year's readings.
ATR (14-day)
$11.52
10.6% of the price on a typical day
RSI (14-day)
44.6
Between 30 and 70, neutral
52-week range
-65.0% from high
+33.1% from the 52-week low
Moving averages
-28.0% vs 50-day
Beta
2.77
Sensitivity to the broad market
Option volume
2.8x avg
146K contracts vs 52.1K average

CBRS expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 20, 20267 days111.2%±$16.74 (15.4%)$91.98 to $125.46$13.45
Dec 11, 202628 days94.3%±$28.40 (26.1%)$80.32 to $137.12$22.70
Jan 15, 202763 days89.1%±$40.25 (37.0%)$68.47 to $148.97$32.00

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for CBRS from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

CBRS options FAQ

What is CBRS's IV rank?
At the last close, CBRS's IV rank was 56 with 30-day implied volatility of 94.1%. IV sits 56% of the way from its one-year low to its one-year high. Its IV percentile was 72: IV is higher than 72% of the past year's readings.
What is the expected move for CBRS?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $28.40 (26.1%), a range of $80.32 to $137.12. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on CBRS?
At the last close, these OptionClaws preset screens had passing trades on CBRS: Unusual Call Volume (4), Bull Call Spreads on High-Beta Names (3), Fresh Money Flow: Calls (1). Open a screen in the app to see the individual trades, refreshed intraday.
Is CBRS option volume above average?
At the last close, CBRS option volume was 2.8x its average, far busier than usual.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.