Pre-Market IV Report August 18, 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: ORCL BLDR CVS AMPX IFF BLDR HASI NAIL URGN XPOF TH CVS FRSH FOUR BZH INSP KBH ITB LEN
Stocks expected to have increasing option volume: DE NVDA JNJ KVUE ROST AMAT CVS WBA EL VIPS
AI stock option IV into NVDA results
NVIDIA (NVDA) 30-day option implied volatility is at 66; compared to its 52-week range of 39 to 68 into expected release of quarter results on August 23.
Adobe Systems (ADBE) 30-day option implied volatility is at 39; compared to its 52-week range of 26 to 50.
C3 AI (AI) 30-day option implied volatility is at 99; compared to its 52-week range of 56 to 223.
Workday (WDAY) 30-day option implied volatility is at 42; compared to its 52-week range of 26 to 57.
Palantir (PLTR) 30-day option implied volatility is at 63; compared to its 52-week range of 48 to 93.
Oracle (ORCL) 30-day option implied volatility is at 37; compared to its 52-week range of 18 to 47.
Salesforce (CRM) day option implied volatility is at 40; compared to its 52-week range of 25 to 53 into Dreamforce.
Market Vectors Semiconductor ETF (SMH) day option implied volatility is at 32; compared to its 52-week range of 24 to 49 into NVIDIA (NVDA) quarter results.
Option IV into Fed gathering at Jackson Hole as rates tick higher
iShares 20+ Year Treasury Bond ETF (TLT) day option implied volatility is at 18; compared to its 52-week range of 13 to 30.
Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) day option implied volatility is at 36; compared to its 52-week range of 24 to 60.
Straddle prices into quarter results
Zoom Video (ZM) August weekly 65 straddle is priced for a move of 12% into the expected release of quarter results after the bell on August 21.
Lowe’s (LOW) August weekly 220 straddle is priced for a move of 4.5% into the expected release of quarter results before the bell on August 22.
Macy’s (M) August weekly 15 straddle is priced for a move of 13% into the expected release of quarter results before the bell on August 22.
Dicks’s Sporting Goods (DKS) August weekly 144 straddle is priced for a move of 7% into the expected release of quarter results before the bell on August 22.
Coinbase (COIN) 30-day option implied volatility is at 74; compared to its 52-week range of 73 to 137 as Bitcoin falls 7% trades $26,600.
Options with decreasing option implied volatility: COHR SE IONQ ONON CAVA WOLF IOVA DLO ZIM TGT CSCO TSJ CPRI
Increasing unusual option volume: GNS KVUE RYAM FRSH HSBC NVO GES XPOF CHK
Increasing unusual call option volume: VLY KVUE GNS TSEM DFS CTSH EXK
Increasing unusual put option volume: KVUE RYAM HSBC CHK TUP WOLF FOUR
Popular stocks with increasing volume: JNJ KVUE PLTR CSCO WMT NIO PYPL BABA CVS
Active options: TSLA AAPL AMC NVDA AMZN JNJ AMD KVUE PLTR META GOOGL MSFT GOOG CSCO WMT MARA NIO PYPL BABA CVS
Global S&P Futures mixed in premarket, Nikkei mixed to lower, DAX mixed to lower, WTI Crude oil recently at $80.20, natural gas down 1.5%, gold at $1921.
