Pre-Market IV Report August 15, 2023
The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information
Options with increasing option implied volatility: APLS VMW X BHP ORCL VXZ X CLF DLO HE CBAY IMVT COHR X UCAR BEEM SAVA ASTL SAVA GME MLTX UWMC FIGS
Stocks expected to have increasing option volume: HD CAH TGT WMT LEN DHI DIS CSCO ONON CAVA DFS X CLF GETY CAVA
China stocks option IV into China’s central bank lowered the rate on its one-year medium-term lending facility by 15 basis points to 2.5%
JD.com (JD) 30-day option implied volatility is at 49; compared to its 52-week range of 41 to 83 into China’s central bank lowered the rate on its one-year medium-term lending facility by 15 basis points to 2.5% and quarter results.
Alibaba (BABA) 30-day option implied volatility is at 41; compared to its 52-week range of 38 to 77. Call put ratio 2.3 calls to 1 put.
NIO Inc. (NIO) 30-day option implied volatility is at 73; compared to its 52-week range of 63 to 110.
Pinduoduo (PDD) 30-day option implied volatility is at 60; compared to its 52-week range of 45 to 102.
KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 43; compared to its 52-week range of 36 to 75.
Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 21; compared to its 52-week range of 18 to 38 into China’s central bank lowered the rate on its one-year medium-term lending facility by 15 basis points to 2.5%.
Option IV into quarter results
Home Depot (HD) August option implied volatility is at 54, September is at 52; compared to its 52-week range of 17 to 39 into the expected release of quarter results today before the bell.
Target (TGT) August option implied volatility is at 90, September is at 40; compared to its 52-week range of 26 to 52 into the expected release of quarter results before the bell on August 16.
Walmart (WMT) August option implied volatility is at 45, September is at 22; compared to its 52-week range of 12 to 32 into shares near record high into quarter results on August 17. Call put ratio 1.7 calls to 1 put.
Option IV amid Union Contract headlines
General Motors (GM) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 60 into their current union contracts end on September 14.
Ford (F) 30-day option implied volatility is at 30; compared to its 52-week range of 27 to 588 into their current union contracts end on September 14.
Stellantis (STLA) 30-day option implied volatility is at 28; compared to its 52-week range of 23 to 423 into their current union contracts end on September 14.
Straddle prices into quarter results
Home Depot (HD) August 330 straddle is priced for a move of 4% into the expected release of quarter results before the bell on August 15.
Cisco (CSCO) August 54 straddle is priced for a move of 5% into the expected release of quarter results after the bell on August 16.
Target (TGT) August 128 straddle is priced for a move of 7.5% into the expected release of quarter results before the bell on August 16.
JD.com (JD) August 36 straddle is priced for a move of 7.5% into the expected release of quarter results before the bell on August 16.
TJX Companies (TJX) August 86 straddle is priced for a move of 5% into the expected release of quarter results before the bell on August 16.
Synopsys (SNPS) August 430 straddle is priced for a move of 7.5% into the expected release of quarter results after the bell on August 16.
Brinker (EAT) August 35 straddle is priced for a move of 10% into the expected release of quarter results before the bell on August 16.
Walmart (WMT) August 160 straddle is priced for a move of 4% into the expected release of quarter results before the bell on August 17.
Movers
Hawaiian Electric Industries (HE) August call option implied volatility is at 167, September is at 116; compared to its 52-week range of 15 to 40 amid Hawaiian wild fires.
Cleveland-Cliffs (CLF) 30-day option implied volatility is at 46; compared to its 52-week range 37 to 77 after U.S. Steel (X) rejected an unsolicited takeover bid from Cleveland-Cliffs.
iShares MSCI Brazil (EWZ) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 57.
Discover Financial Services (DFS) 30-day option implied volatility is at 22; compared to its 52-week range of 22 to 51 into CEO steps down. Call put ratio 1 call to 2.7 puts.
Options with decreasing option implied volatility: CHGG CPRI GRPN UPST AYX BYND
Increasing unusual option volume: GNS KVUE ASTL AMSC DLO X CLF
Increasing unusual call option volume: ASTL KVUE GNS ARCB ICLN VOD X TUP
Increasing unusual put option volume: KVUE EBIX ACHR X BALL XP
Popular stocks with increasing volume: AMC X KVUE PYPL INTC DIS NIO CLF RIVN SOFI
Active options: AMC TSLA NVDA AAPL AMZN AMD JNJ PLTR META MSFT BABA X KVUE PYPL INTC DIS NIO CLF RIVN SOFI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $82.20, natural gas mixed, gold at $1935.
