Xilinx, Inc. - XLNX

Xilinx (XLNX) is a semiconductor technology company, primarily engaged in supplying programmable logic devices. It is known for inventing the field-programmable gate array (FPGA). The company’s stock has gained 9.62% in the past month. In that same time, the computer and technology sector gained 2.43%, while the S&P 500 gained 3.07%. The company is expected to report EPS of $0.94, up 27.03% from the prior-year quarter. XLNX is projected to release Q1 2020 earnings on 24 July 2019.

The below chart from Raltin’s Options analytics indicates that the IV for the 30 Day At the Money (ATM) call is at 45% and near the 52 week high of 50%. The ATM straddle premium of 10.6% is also close to a yearly high of 11.23%. The ATM straddle premium implies that the underlying stock has to move 10.6% before it becomes profitable for an ATM straddle buyer. The put call ratio (based on open interest) is at 2.36.