Another bit to this holding pattern , which we cover in the article, is that while the historical Volatility may be an inflection point level, the real question that needs to be answered for option traders is not if the HV20 is high or low , but rather if the implied volatility that is priced for the next 30-days accuratley reflects what we're about to see in the stock for the next month.

PREFACE This is a proprietary realized volatility rating created by Capital Market Laboratories (CMLviz) based on a large number of data interactions for Credit Acceptance Corporation (NASDAQ:CACC) .

As a heads up, in the " Why This Matters " section at the end of this article on Credit Acceptance Corporation (NASDAQ:CACC) , we're going to take a step back and show really clearly that there is actually a lot less "luck" in successful option trading than most people are aware of.

This idea of an "option trading expert" is vastly over complicated so those with the information advantage can continue to profit at the expense of the rest.

Let's take a deep dive into some institutional level volatility measures for Credit Acceptance Corporation (NASDAQ:CACC) .