Interpreted Prediction
After Amazon's earnings report (before May 24, 2024), implied volatility (IV) for AMZN options will experience an 'IV crush,' causing the value of a $165 put option sold for $425 (expiring May 24, 2024) to rapidly decrease to $100-$200.
AI Evaluation Notes
The AMZN $165 put option expiring on May 24, 2024 closed at a price of $10. The prediction was that the value of the put option would decrease to $100-$200 after the earnings report, but the actual price was significantly lower, making the prediction completely wrong.
Prediction Details
Ticker
Price at the predicted date
10 USD