Pre-Market IV Report July 10, 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: BBIO LYFT DWAC RIVN HOOD PENN PYPL SAVE EA CI CVS FTNT IRBT UBI NVS TAL TRUP SIMO
Stocks expected to have increasing option volume: DAL UNH FAST PEP T VZ TMUS JPM C BAC WFC NVS
Movers option IV into CPI
Walmart (WMT) 30-day option implied volatility is at 14; compared to its 52-week range of 12 to 32 into CPI.
C3 AI (AI) 30-day option implied volatility is at 92; compared to its 52-week range of 56 to 223 amid wide price movement.
UPS (UPS) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 47 amid contract talks.
Snap (SNAP) 30-day option implied volatility is at 80; compared to its 52-week range of 48 to 116 as shares trend.
Bumble (BMBL) 30-day option implied volatility is at 54; compared to its 52-week range of 48 to 134. Call put ratio 5 calls to 1 put.
Icahn Enterprises L.P. (IEP) 30-day option implied volatility is at 65; compared to its 52-week range of 8 to 158 amid headlines.
Gap, Inc. (GPS) 30-day option implied volatility is at 50; compared to its 52-week range of 43 to 90.
ETF share price uptrends option IV
Ishares Msci Emerging Markets Etf (EEM) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 30.
iShares MSCI Brazil (EWZ) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 57.
Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 19; compared to its 52-week range of 17 to 65. Call put ratio 10.4 calls to 1 put.
Global X Ftse Columbia 20 Etf (GXG) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 41.
Straddle prices into quarter results
Pepsico (PEP) July weekly 182.50 straddle is priced for a move of 2.5% into the expected release of quarter results before the bell on July 13.
Cintas (CTAS) July 480 straddle is priced for a move of 4.5% into the expected release of quarter results before the bell on July 13.
Fastenal (FAST) July 57.50 straddle is priced for a move of 5% into the expected release of quarter results before the bell on July 13.
Delta Air (DAL) July weekly 48 straddle is priced for a move of 5% into the expected release of quarter results before the bell on July 13.
ConAgra (CAG) July weekly 33 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on July 13.
UnitedHealth (UNH) July weekly 460 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on July 14.
Arb Mover
Activision Blizzard (ATVI) 30-day option implied volatility is at 46; compared to its 52-week range of 15 to 46 into Microsoft (MSFT) and Activision deal expires on July 18.
Options with decreasing option implied volatility: JOBY UBS LEVI NKE STZ
Increasing unusual option volume: CIFR KODK SHY RVLV SHY TAL MAT MHK TMC ZTO TDW KVUE XPO RIVN NOV OPRA CRON YUMC LEVI
Increasing unusual call option volume: KODK TAL MAT TRUP XPO TDW IRBT GENI VLY
Increasing unusual put option volume: RVLV CARR LEVI CPE DM MP BBIG RIVN COOP BG HLF NVS STLA NKLA
Popular stocks increasing volume: RIVN RIOT NIO CVNA NKLA PLTR LCID AI COIN
Active options: TSLA RIVN NVDA AAPL BABA META AMZN AMD MSFT MARA RIOT NIO CVNA NKLA PLTR LCID AI COIN AMC GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73, natural gas up 2.5%, gold at $1929
