Pre-Market IV Report August 31, 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 RUM KMX SSYS IMVT MSOS DDD TDS CHPT CHWY USM SFL IIPR SBLK SH
Stocks expected to have increasing option volume: OKTA VSCO DELL DG CIEN HRL CPB PSTG AVGO S OLLI LULU CRM CHWY CRWD FIVE
NVIDIA (NVDA) 30-day option implied volatility is at 42; compared to its 52-week range of 39 to 68. Call put ratio 1.4 calls to 1 put on 1.3M contracts.
Straddle prices into quarter results
Lululemon (LULU) September weekly 375 straddle is priced for a move of 8.5% into the expected release of quarter results today after the bell.
Broadcom (AVGO) September weekly 890 straddle is priced for a move of 5.5% into the expected release of quarter results today after the bell.
PagerDuty (PD) September 25 straddle is priced for a move of 12% into the expected release of quarter results today after the bell.
Dell Technologies (DELL) September weekly 56 straddle is priced for a move of 7% into the expected release of quarter results today after the bell.
Cannabis option IV after HHS calls for moving marijuana to lower-risk US drug category.
Canopy Growth (CGC) 30-day option implied volatility is at 180; compared to its 52-week range of 72 to 229. Call put ratio 28 calls to 1 put with focus on September calls.
Tilray Brands (TLRY) 30-day option implied volatility is at 96; compared to its 52-week range of 68 to 162. Call put ratio 11.7 calls to 1 put.
Cronos Group (CRON) 30-day option implied volatility is at 67; compared to its 52-week range of 38 to 96. Call put ratio to 81 calls to 1 put with focus on September calls.
Alternative Harvest ETF (MJ) 30-day option implied volatility is at 64; compared to its 52-week range of 36 to 114. Call put ratio 4.5 calls to 1 put with focus on September calls.
Aurora Cannabis (ACB) 30-day option implied volatility is at 21; compared to its 52-week range of 20 to 139. Call put ratio 26 calls to 1 put with focus on September weekly (1) calls.
AdvisorShares Pure US Cannabis ETF (MSOS) 30-day option implied volatility is at 81; compared to its 52-week range of 53 to 163. Call put ratio 1.5 calls to 1 put with focus on September and January calls.
3D printing stocks option IV report Apple is testing using 3D printers to make some devices
3D Systems (DDD) 30-day option implied volatility is at 58; compared to its 52-week range of 45 to 99. Call put ratio 22 calls to 1 put with focus on October calls.
Nano Dimension (NNDM) 30-day option implied volatility is at 54; compared to its 52-week range of 32 to 100. Call put ratio 47 calls to 1 put with focus on January calls.
Stratasys (SSYS) 30-day option implied volatility is at 62; compared to its 52-week range of 28 to 94. Call put ratio 8.7 calls to 1 put with focus on September calls.
Desktop Metal (DM) 30-day option implied volatility is at 83; compared to its 52-week range of 43 to 110. Call put ratio 132 calls to 1 put with focus on October calls.
Alcoa (AA) 30-day option implied volatility is at 43; compared to its 52-week range of 43 to 79 as aluminum has fallen 40% from last year’s high.
Options with decreasing option implied volatility: NVDS JWN BURL GPS BIG SNOW SPLK AFRM PAGS NVDA MRVL OPRA DLTR HZNP PDD ULTA ADSK BBY
Increasing unusual option volume: DM KVUE FNGS TSEM SU DDD ASHR CBAY ASHR TLRY CRON ACB CGC NNDM SSYS DM CRON
Increasing unusual call option volume: SU KVUE DM DDD CBAY ASHR NCNO CX AGEN XME
Increasing unusual put option volume: FNGS KVUE TSEM VST BOX MSOS NEE UBS MP IMVT
Popular stocks with increasing volume: PLTR COIN PDD BABA KVUE VALE T
Active options: TSLA NVDA AAPL NIO AMD GOOGL AMZN META MARA PLTR COIN GOOG MSFT AMC PDD BABA KVUE VALE RIOT T
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $82, natural gas mixed, gold at $1972
