ESTC
NEUTRAL WIN- Entry
- $55.97
- Target
- $37.44
- Stop
- $74.50
ESTC IV crush play: iron condor around 2026-05-28 earnings. IV rank 89%, ATM IV 91.4%, expected move ±19.5% (wings at 1.7x), front/next IV ratio 1.232. Mechanical IV collapse should dominate post-announcement.