Pre-Market IV Report January 8, 2024

Pre-Market IV Report January 8, 2024

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Pre-Market IV Report January 8, 2024

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: BILL SWAP WOLF SOFI IMVT ALGN TEAM EDR QS EDR TEAM PINS WHR MPW

Stocks expected to have increasing option volume: BA SPR ALK HA SAVE JBLU LUV UAL AAL DAL GE

Airliner option IV

Boeing (BA) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 41 into a panel blew off a Alaska Airlines (ALK) Boeing 737 MAX 9 jet in midair.

Spirit AeroSystems (SPR) 30-day option implied volatility is at 47; compared to its 52-week range of 39 to 104.

Airliner option IV

Alaska Airlines (ALK) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 93 into Alaska Airlines grounds fleet of Boeing 737-9 aircraft after incident.

Hawaiian (HA) 30-day option implied volatility is at 55; compared to its 52-week range of 38 to 103 after the recent announcement of Alaska Airlines (ALK) of the acquisition of Hawaiian (HA).

Spirit Airlines’ (SAVE) January weekly call option implied volatility is at 240, December is at 278; compared to its 52-week range of 24 to 223 amid SAVE and JetBlue (JBLU) trial versus the DOJ.

JetBlue (JBLU) January weekly call option implied volatility is at 90, January is at 116; compared to its 52-week range of 35 to 94 amid JBLU and Spirit Airlines’ (SAVE) trial versus the DOJ.

American Airlines (AAL) 30-day option implied volatility is at 43; compared to its 52-week range of 28 to 55.

Delta Air Lines (DAL) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 48.

Southwest Airlines (LUV) 30-day option implied volatility is at 39; compared to its 52-week range of 25 to 46.

United Airlines (UAL) 30-day option implied volatility is at 43; compared to its 52-week range of 30 to 54.

Allegiant Air (ALGT) 30-day option implied volatility is at 48; compared to its 52-week range of 33 to 96.

SkyWest Airlines (SKYW) 30-day option implied volatility is at 40; compared to its 52-week range of 32 to 55.

U.S. Global Jets ETF (JETS) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 37.

Walmart (WMT) 30-day option implied volatility is at 15; compared to its 52-week range of 12 to 27 into CES Keynote Walmart CEO Doug McMillon on January 9.

CVS Health (CVS) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 35 into disclosed in a filing that on January 8, members of the senior management team of CVS Health Corporation will meet with investors, and the senior management team will reaffirm the company’s previously announced FY23 GAAP diluted EPS guidance.

Straddle prices into release quarter results

Albertsons (ACI) January 23 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on January 9.

Tilray (TLRY) January weekly 2.5 straddle priced for a move of 27% into the expected release of quarter results before the bell on January 9.

KB Home (KBH) January weekly 61 straddle priced for a move of 7% into the expected release of quarter results after the bell on January 10.

Options with decreasing option implied volatility: WBA MARA CPE LW CAG STZ
Increasing unusual option volume: DLO ANSS SHY LXRX ACI AGL PACB PTON
Increasing unusual call option volume: ACI SHY LXRX DLO PACB A ELAN A MBLY ZIM
Increasing unusual put option volume: BAX URBN QS MBLY PLL MPW CYTK
Popular stocks with increasing volume: BABA PLTR BAC PTON C T INTC COIN NIO PYPL
Active options: TSLA NVDA AAPL AMD AMZN MARA MPW MSFT META BABA PLTR BAC PTON C GOOGL T INTC COIN NIO PYPL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73, natural gas down 1.5%, gold at $2034

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