### Comment:
IV usually drops between 10-20 minutes after open the following day? So you are saying that IV would still be there at market open generally speaking for 10-20 minutes? I didn't know that. It thought IV immediately drops right at the open.

### REPLY:
It drops over time after open but just not immediately.  It’ll be elevated still some but not as much as before. 
  
 Look at a chart of some big IV names (150+ IV) after ER and look at the options prices the first hour.

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