CBRS options: IV rank, expected move and trade screens
Cerebras Systems Inc. · Technology
As of the close on . In the app, data is refreshed intraday.
CBRS closed at $196.74 on Sep 28, 2026 with 30-day implied volatility of 72.1%. That is near the bottom of its one-year range (IV rank 20), so options on CBRS are cheap compared with its own recent history. Measured by IV percentile, IV is higher than 44% of the past year's readings. Options expiring Oct 30 (32 days out) price a one standard deviation move of about $42.45, or 21.6%.
The 14-day RSI of 38.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $12.57, about 6.4% of the price, a measure of a typical day's range.
Option volume at the close (22.8K contracts) was 0.8x its average, quieter than usual. None of our preset screens found trades on CBRS at the close.
CBRS stats at the close
- Price
- $196.74
- Market cap $21.1B
- Implied volatility
- 72.1%
- 30-day, at the money
- IV rank
- 20
- IV sits 20% of the way from its one-year low to its one-year high.
- IV percentile
- 44
- IV is higher than 44% of the past year's readings.
- ATR (14-day)
- $12.57
- 6.4% of the price on a typical day
- RSI (14-day)
- 38.6
- Between 30 and 70, neutral
- Option volume
- 0.8x avg
- 22.8K contracts vs 30.1K 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.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 2, 20264 days | 87.8% | ±$18.07 (9.2%) | $178.67 to $214.81 | $14.45 |
| Oct 30, 202632 days | 72.9% | ±$42.45 (21.6%) | $154.29 to $239.19 | $33.80 |
| Nov 20, 202653 days | 76.4% | ±$57.27 (29.1%) | $139.47 to $254.01 | $45.25 |
| Jan 15, 2027109 days | 72.2% | ±$77.62 (39.5%) | $119.12 to $274.36 | $60.95 |
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
CBRS options FAQ
- What is CBRS's IV rank?
- At the close on Sep 28, 2026, CBRS's IV rank was 20 with 30-day implied volatility of 72.1%. IV sits 20% of the way from its one-year low to its one-year high. Its IV percentile was 44: IV is higher than 44% of the past year's readings.
- What is the expected move for CBRS?
- Based on the close on Sep 28, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $42.45 (21.6%), a range of $154.29 to $239.19. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
- Is CBRS option volume above average?
- On Sep 28, 2026, CBRS option volume was 0.8x its average, quieter than usual.
More market data
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