Pre-Market IV Report August 25, 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: BKLN CRDO SPR ACRS CUTR UI CLS EGO SAVE JWN GPS AFRM UPST ULTA HIMX AES
Stocks expected to have increasing option volume: WDAY HIBB MRVL ULTA GPS JWN INTU AFRM BA NKE
“The Magnificent Seven.” option implied volatility into Jackson Hole
Microsoft (MSFT) 30-day option implied volatility is at 26; compared to its 52-week range of 19 to 43.
Alphabet (GOOGL) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 47.
Meta Platforms (META) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 74.
NVIDIA (NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 39 to 68.
Amazon (AMZN) 30-day option implied volatility is at 30; compared to its 52-week range of 26 to 61.
Apple (AAPL) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 45.
Tesla (TSLA) 30-day option implied volatility is at 47; compared to its 52-week range of 42 to 95.
Straddle prices into quarter results
PDD Holdings (PDD) September weekly 80 straddle is priced for a move of 13% into the expected release of quarter results before the bell on August 29.
NIO (NIO) September weekly 10.50 straddle is priced for a move of 11% into the expected release of quarter results before the bell on August 29.
Best Buy (BBY) September weekly 73 straddle is priced for a move of 8% into the expected release of quarter results before the bell on August 29.
J.M. Smucker (SJM) September weekly 140 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on August 29.
Options with decreasing option implied volatility: BILL EBIX NVDA AAP NVCR APLS PTON NVDS ANF SNOW ZM VMW DLO KSS PANW DLTR M BURL SPLK
Increasing unusual option volume: EDR TPX WOOF KVUE TTOO BAX EWJ TSEM
Increasing unusual call option volume: EWG KVUE GES BAX TSEM WOOF SPLK
Increasing unusual put option volume: FTCH KVUE WOOF FRO TSEM REAL TUP FTCH COTY GPS
Popular stocks with increasing volume: SNOW JNJ NFLX DIS AI RIVN BA KVUE
Active options: NVDA TSLA AMD AAPL AMC PLTR AMZN MSFT META SNOW GOOGL JNJ NFLX DIS AI RIVN MARA GOOG BA KVUE
Global S&P Futures mixed in premarket, Nikkei down 2%, DAX mixed, WTI Crude oil recently at $80, natural gas mixed, gold at $1944
