Pre-Market IV Report July 11, 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: LYFT BBIO NVAX SIMO SAVE FSR HOOD RIVN WW WISH CHGG TAL RBLX APPS TTD HIMS PENN CELH DWAC NVAX FNGR HMST SAVE WISH HOOD UPST TTD
Stocks expected to have increasing option volume: PEP DAL WDFC CTAS JPM C BAC WFC NVS
Option IV into regional banks reporting
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 36; compared to its 52-week range of 21 to 81. Call put ratio 1 call to 3 puts.
Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 37.
Charles Schwab (SCHW) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 104.
Option IV movers into CPI
iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 36.
DraftKings (DKNG) 30-day option implied volatility is at 63; compared to its 52-week range of 46 to 108. Call put ratio 3.1 calls to 1 put as shares trend higher.
UPS (UPS) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 47 amid contract talks.
Lyft (LYFT) 30-day option implied volatility is at 97; compared to its 52-week range of 55 to 110. Call put ratio 3 calls to 1 put as shares rally.
Uber (UBER) 30-day option implied volatility is at 46; compared to its 52-week range of 32 to 80.
Walt Disney (DIS) 30-day option implied volatility is at 31; compared to its 52-week range of 22 to 49 as shares near 52-week low.
Straddle prices into quarter results
Pepsico (PEP) July weekly 185 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 490 straddle is priced for a move of 4% 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 5.5% into the expected release of quarter results before the bell on July 13.
Delta Air (DAL) July weekly 48.50 straddle is priced for a move of 4.5% 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% into the expected release of quarter results before the bell on July 13.
UnitedHealth (UNH) July weekly 462.50 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on July 14.
Industrial Metals option IV into CPI
Freeport-McMoran (FCX) 30-day option implied volatility is at 39; compared to its 52-week range of 34 to 66.
BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 26; compared to its 52-week range of 23 to 89.
Southern Copper (SCCO) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 92.
Kaiser Aluminum (KALU) 30-day option implied volatility is at 40; compared to its 52-week range of 31 to 57.
Vale S.A. (VALE) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 55.
Rio Tinto plc (RIO) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 87.
Alcoa (AA) 30-day option implied volatility is at 51; compared to its 52-week range of 45 to 79.
Arconic (ARNC) 30-day option implied volatility is at 41; compared to its 52-week range of 9 to 109.
Options with decreasing option implied volatility: LEVI UBS HELE ISEE AZN HZNP
Increasing unusual option volume: MAT TMC RYAM SAVE RVPH GOL SPHR ATUS GES
Increasing unusual call option volume: MAT TMC RLVLV RVPH SAVE WULF XPO CLNE
Increasing unusual put option volume: BBIG CARR GRAB HLF ENB SAVE CHGG ZI XP
Popular stocks increasing volume: CVNA PLTR LCID PYPL RIOT HOOD SOFI
Active options: TSLA AAPL RIVN AMZN META NVDA MSFT BABA NIO AMC AMD CVNA GOOGL PLTR LCID MARA PYPL RIOT HOOD SOFI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73.75, natural gas mixed, gold at $1941
