Bull Call Spreads on High-Beta Names
Bull Call Spread18 trades pass on GLXY
- Return on risk
- 112.8% to 330.1%
- Probability of profit
- 27.9% to 50.4%
Galaxy Digital Inc. · Financials
In the app, stock prices are live and options data is refreshed intraday.
GLXY last closed at $14.38 with 30-day implied volatility of 100.2%. That is in the upper half of its one-year range (IV rank 51), so premiums are somewhat richer than usual for GLXY. Measured by IV percentile, IV is higher than 79% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $4.04, or 28.1%.
The price is below both its 50-day (-27.9%) and 200-day (-38.6%) moving averages. It is 58.1% below its 52-week high and 10.8% above its 52-week low. The 14-day RSI of 42.2 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $1.70, about 11.9% of the price, a measure of a typical day's range.
Option volume at the close (24.3K contracts) was 0.6x its average, quieter than usual. A beta of 3.73 means GLXY has tended to move about 3.7 times as much as the broad market. 2 of our preset screens found trades on GLXY at the close, led by Bull Call Spreads on High-Beta Names with 18 trades.
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 |
|---|---|---|---|---|
| Nov 20, 20267 days | 110.0% | ±$2.19 (15.2%) | $12.19 to $16.57 | $1.76 |
| Dec 11, 202628 days | 101.6% | ±$4.04 (28.1%) | $10.34 to $18.42 | $3.23 |
| Jan 15, 202763 days | 96.9% | ±$5.79 (40.3%) | $8.59 to $20.17 | $4.68 |
| Feb 19, 202798 days | 95.5% | ±$7.11 (49.5%) | $7.27 to $21.49 | $5.72 |
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.
Counts and ranges for GLXY 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.
18 trades pass on GLXY
6 trades pass on GLXY
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.