September 7, 2026: implied volatility runs moderate, topped by COIN
Our automated end-of-session scan surfaced 12 defined-risk setups across 12 names. The average modelled probability of profit was 55%, with implied volatility averaging 35.5% across the list.
See today’s live scanMarket posture
The session leaned bearish: more of the setups the scan kept were built to profit if their underlyings weaken — bear call credit spreads and similar. A bearish tilt means the day’s best-scored defined-risk trades were positioned for downside or for a stall, not for a rally.
Where the volatility is
Implied volatility — the price the market puts on future movement — was richest in COIN (67.5%), SHOP (53.1%), AMD (52.2%). Those are the names where option premium is most inflated, so premium-selling is best paid there, but also where a surprise hurts the most. Fat premium ahead of a catalyst is exactly the "buy the rumor, sell the news" setup: the price is high because the market is bracing for a move.
Setups from the scan
The highest-scoring defined-risk setups from the scan (educational examples, not recommendations):
- Iron Butterfly on GS — roughly a 55% modelled probability of profit over 31 days, about $2,043 of maximum profit against $408 of defined risk, with break-evens near 1019.08.
- Iron Butterfly on SMH — roughly a 55% modelled probability of profit over 31 days, about $1,011 of maximum profit against $203 of defined risk, with break-evens near 557.02.
- Iron Butterfly on DIA — roughly a 57% modelled probability of profit over 31 days, about $309 of maximum profit against $73 of defined risk, with break-evens near 537.27.
- Iron Condor on IWM — roughly a 62% modelled probability of profit over 31 days, about $203 of maximum profit against $98 of defined risk, with break-evens near 300.02.
This note is generated from an automated end-of-session options scan and is educational market commentary — not investment advice or a recommendation to trade. Modelled probabilities and premiums are estimates; real fills and outcomes differ. Options involve substantial risk. Privacy Policy · Terms & Conditions.