Options WhaleEarnings volatility research

Ticker research

Applied Optoelectronics, Inc. (AAOI)

$122.54 underlying · data as of Oct 7, 2026, 4:00 PM EDT

Earnings 2026-11-05

Price context

Underlying
$122.54
Expected move
$28.95
Expected move %
23.6%

Options snapshot

ATM implied volatility
102.5%
IV rank
-20.1%
Liquidity
ACCEPTABLE
Median spread
20.5%

Catalyst

Next earnings
2026-11-05
Session
After Market
Days away
29

Strategy opportunities

  • Long Straddle score 0.58

    Buy premium before earnings when event-relative IV is cheap and expansion remains possible.

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  • Long Strangle score 0.58

    Buy out-of-the-money wings to express a cheap-volatility view with defined premium at risk.

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  • Iron Condor score 0.56

    Sell defined-risk premium around the implied-move boundaries when realized moves have frequently remained contained.

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Data provenance

Every figure on this page comes from published, reviewed research or labelled historical reconstructions. Modelled cash-secured-put and covered-call premiums are calculated from the published at-the-money implied volatility with Black-Scholes and are not live quotes.