Daily Options Brief — April 20, 2026
Camden Signals — Daily Options Brief
April 20, 2026
Market Pulse
Regime: Bull Trend
VIX at 17.6 (52th percentile). SPY $709.88 is 6.5% above the 200-day MA. 99% of stocks above their 50-day MA. Full offense. Bull trend confirmed. V7 scanner active — PUT breakdowns and CALL mean reversions. Standard position sizing.
Top Setups
| Ticker | Score | Stage | Direction |
|---|---|---|---|
| RAPP | 94 | SKIP | LONG |
| ON | 92 | SKIP | LONG |
| ONTO | 91 | SKIP | LONG |
| RELY | 91 | SKIP | LONG |
| ADTN | 89 | SKIP | LONG |
Earnings Edge
Stocks where options are overpricing the expected earnings move — potential premium selling edge.
| Ticker | Edge | Implied | Avg Move | Contain | Strategy |
|---|---|---|---|---|---|
| RHI | 4.2x | 0.0% | 0.0% | 1% | Sell Premium |
| MRTN | 3.9x | 0.1% | 0.0% | 1% | Sell Premium |
| IBM | 3.9x | 0.0% | 0.0% | 1% | Sell Premium |
What I'm Watching
RAPP Score: 94 CONFIRM
Price: $39.71. Entry zone: $39.13–$40.19. TP1: $47.15.
Blocker: LOW_DOLLAR_VOL
ARM Score: 88 BUILDUP
Price: $166.73. Entry zone: $164.50–$168.88. TP1: $197.31.
Blocker: none
DELL Score: 88 BUILDUP
Price: $196.55. Entry zone: $191.48–$196.12. TP1: $226.26.
Blocker: none
Built by Camden Signals
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