Pre-Market IV Report August 29, 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 KMX SGEN VKTX MLTX UVE AKRO EC KMX AUPH HAIN ASLE IDT VMW RPRX SGEN NKE ACN
Stocks expected to have increasing option volume: PDD BBY LULU NIO BOX HPQ SJM CRM CTLT
Straddle prices into quarter results
Salesforce (CRM) September weekly 212 straddle is priced for a move of 7% into the expected release of quarter results after the bell on August 30.
CrowdStrike (CRWD) September weekly 144 straddle is priced for a move of 8% into the expected release of quarter results after the bell on August 30.
Chewy (CHWY) September weekly 26 straddle is priced for a move of 12% into the expected release of quarter results after the bell on August 30.
Okta (OKTA) September weekly 72 straddle is priced for a move of 12% into the expected release of quarter results after the bell on August 30.
Pure Storage (PSTG) September 36 straddle is priced for a move of 14% into the expected release of quarter results after the bell on August 30.
Five Below (FIVE) September weekly 180 straddle is priced for a move of 7.5% into the expected release of quarter results after the bell on August 30.
Lululemon (LULU) September weekly 365 straddle is priced for a move of 8% into the expected release of quarter results after the bell on August 31.
China stocks option IV near low end of range
JD.com (JD) 30-day option implied volatility is at 40; compared to its 52-week range of 40 to 83.
Alibaba (BABA) 30-day option implied volatility is at 38; compared to its 52-week range of 38 to 77.
NIO Inc. (NIO) 30-day option implied volatility is at 73; compared to its 52-week range of 63 to 111 into quarter results.
Pinduoduo (PDD) 30-day option implied volatility is at 57; compared to its 52-week range of 45 to 102. Call put ratio 1.5 calls to 1 put into quarter results and outlook.
iShares China Large-Cap (FXI) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 52.
KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 42; compared to its 52-week range of 36 to 75. Call put ratio 3 calls to 1 put.
Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 38. Call put ratio 21 calls to 1 put with focus on October 28 calls.
Options with decreasing option implied volatility: AAP NVCR PTON NVDS AND COTY GPS NVDA ZM AFRM
Increasing unusual option volume: KVUE GNS BKI BSX RAD ABCM AMC HE MMM
Increasing unusual call option volume: VERU BBY KVUE GNS BSX RAD ASHR
Increasing unusual put option volume: BSX RAD ASHR KVUE GNS BGS ARCB
Popular stocks with increasing volume: HAS CME FL BBY BB JWN DLTR MMM
Active options: NVDA TSLA AMD AAPL AMZN META MSFT GOOGL NFLX GOOG
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80, natural gas mixed, gold at $1951
