Earnings season begins with banks and tech stocks like BAC, TSM, JPM, WFC, C, MS, GS, and DAL reporting. Implied volatility is high before earnings, dropping after reports. Expected ranges for the week: DAL – 6.8%, JPM – 3.8%, BAC – 4.0%, C – 4.5%, WFC – 4.9%, GS – 4.4%, MS – 4.3%, TSM – 5.3%. Traders can use these ranges for structured trades like bear call spreads, bull put spreads, naked puts, and iron condors. It’s important to stick to risk-defined strategies and maintain a small position size. Other stocks with high implied volatility can be found using Barchart’s Stock Screener. Unusual options activity was seen in stocks like NFLX, GOOG, OPEN, OKLO, APP, and INTC. Options trading carries risk, so always do your due diligence and consult a financial advisor before making investment decisions.

Read more at Barchart: Option Volatility And Earnings Report For January 12