Daily Options Brief — April 22, 2026
Camden Signals — Daily Options Brief
April 22, 2026
Market Pulse
Regime: Bull Trend
VIX at 19.5 (69th percentile). SPY $704.08 is 5.5% above the 200-day MA. 97% 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 |
| COHU | 92 | SKIP | LONG |
| MRVL | 92 | BUILDUP | LONG |
| ON | 92 | BUILDUP | LONG |
| TRVI | 92 | 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 | 5.7x | 0.1% | 0.0% | 1% | Sell Premium |
| LRN | 5.2x | 0.0% | 0.0% | 1% | Sell Premium |
| ORLY | 4.6x | 0.0% | 0.0% | 1% | Sell Premium |
Flow Watch
NVTS BULLISH HIGH
NVTS: P/C ratio 0.29:1 — 84,667 calls vs 24,456 puts Vol: 109,123 2.1x avg
GXO BULLISH HIGH
GXO: P/C ratio 0.14:1 — 1,531 calls vs 209 puts Vol: 1,740 1.0x avg
GFS BULLISH HIGH
GFS: P/C ratio 0.29:1 — 1,240 calls vs 356 puts Vol: 1,596 1.0x avg
What I'm Watching
COHU Score: 92 CONFIRM
Price: $44.88. Entry zone: $43.95–$44.89. TP1: $51.05.
Blocker: LOW_DOLLAR_VOL
MRVL Score: 92 BUILDUP
Price: $151.31. Entry zone: $147.87–$151.29. TP1: $173.51.
Blocker: none
ON Score: 92 BUILDUP
Price: $86.91. Entry zone: $84.85–$86.33. TP1: $95.91.
Blocker: none
Built by Camden Signals
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