Pre-Market IV Report August 28, 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: BB EBIX TWNK DOCN EXTR ALKS UDN
Stocks expected to have increasing option volume: CRM TWNK BB MMM
Share price movers
BlackBerry (BB) 30-day option implied volatility is at 92; compared to its 52-week range of 41 to 92 after share price up into closing bell.
Hostess Brands (TWNK) 30-day option implied volatility is at 46; compared to its 52-week range of 15 to 46 after share price up into closing bell.
3M Co. (MMM) 30-day option implied volatility is at 22; compared to its 52-week range of 20 to 42 into share price up in premarket. Call put ratio 1.4 calls to 1 put.
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 72.50 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.
Box (BOX) September weekly 140 straddle is priced for a move of 7% into the expected release of quarter results after the bell on August 29.
HP (HPQ) September weekly 31 straddle is priced for a move of 5.5% into the expected release of quarter results after the bell on August 29.
Hewlett Packard (HPE) September weekly 17 straddle is priced for a move of 8% into the expected release of quarter results after the bell on August 29.
Ambarella (AMBA) September weekly 70 straddle is priced for a move of 11% into the expected release of quarter results after the bell on August 29.
Salesforce (CRM) September weekly 210 straddle is priced for a move of 6.5% into the expected release of quarter results after the bell on August 30.
Options with decreasing option implied volatility: AEHR AMC NVCR AAP PTON MPW ANF NVDS APLS ZM
Increasing unusual option volume: ABCM KVUE RILY VSAT TWNK
Increasing unusual call option volume: GES ABCM KVUE SO
Increasing unusual put option volume: RILY KVUE RAD HPE
Popular stocks with increasing volume: PLTR DIS JNJ MRVL NFLX SNOW BAC AI C
Active options: NVDA TSLA AMD AAPL AMZN PLTR AMC DIS META MSFT KVUE GOOGL JNJ MRVL NFLX SNOW BAC AI C GOOG
Global S&P Futures mixed in premarket, Nikkei up 1.5%, DAX mixed, WTI Crude oil recently at $80, natural gas up 2.5%, gold at $1941
