Pre-Market IV Report August 24, 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: NVAX ASO FDX ITOS NXGN ASO MRUS ROIV GES ADT PAR TCOM BCS NVO SAVE SGEN K POST SOVO
Stocks expected to have increasing option volume: NVDA SNOW BURL JWN GPS ULTA
Option IV into NVIDIA (NVDA) trading higher before the bell
NVIDIA (NVDA) August call option implied volatility is at 162, September is at 69; compared to its 52-week range of 39 to 68 as shares price above $500 before the bell.
PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 38.
Intel (INTC) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 59 as share price above $34 before the bell.
Broadcom (AVGO) 30-day option implied volatility is at 43; compared to its 52-week range of 23 to 57 as share price above $900 before the bell.
AMD (AMD) 30-day option implied volatility is at 47; compared to its 52-week range of 40 to 69 as share price above $112 before the bell.
Qualcomm (QCOM) 30-day option implied volatility is at 29; compared to its 52-week range of 28 to 58.
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 31; compared to its 52-week range of 24 to 49 as share price above $157 before the bell.
Option IV into Fed gathering at Jackson Hole
JPMorgan (JPM) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 44.
Citigroup (C) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 51.
Bank of America (BAC) 30-day option implied volatility is at 26; compared to its 52-week range of 20 to 51.
Wells Fargo (WFC) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 51.
U.S. Bancorp (USB) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 86.
Morgan Stanley (MS) 30-day option implied volatility is at 23; compared to its 52-week range of 18 to 46.
Goldman Sachs (GS) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 44.
Charles Schwab (SCHW) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 105.
Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 16; compared to its 52-week range of 12 to 37.
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 31; compared to its 52-week range of 21 to 81. Call put ratio 1 call to 3.8 puts.
Straddle prices into quarter results
Gap (GPS) August weekly 9.5 straddle is priced for a move of 14% into the expected release of quarter results today after the bell.
Nordstrom (JWN) August weekly 17.50 straddle is priced for a move of 16% into the expected release of quarter results today.
Options with decreasing option implied volatility: NVCR EBIX AAP BILL WOLF DLO APLS VMW
Increasing unusual option volume: TTOO ABCM KVUE INVZ DKS GES HUN
Increasing unusual call option volume: INVX KVUE BURL JNJ BSX NMM WSM
Increasing unusual put option volume: KVUE DKS PSEC JNJ TSEM HSY WOOF VRT
Popular stocks with increasing volume: KVUE C PLTR ZM PTON PYPL
Active options: TSLA NVDA JNJ AAPL AMC KVUE AMD AMZN MSFT GOOGL NFLX META C PLTR BABA GOOG ZM PTON BAC PYPL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79, natural gas down 1%, gold at $1949
