Pre-Market IV Report July 20, 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: APLS LMND COMM SE FL AVDL STNE WEAT CAH ROST WMT TJX CSCO HTZ TGT
Stocks expected to have increasing option volume: AAL UAL AA HAL IBM LVS HAS TSLA NFLX OZK
Tech Movers
Microsoft (MSFT) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 43 as share price near new record high.
ServiceNow (NOW) 30-day option implied volatility is at 40; compared to its 52-week range of 30 to 61 as share price near 16-month high.
Salesforce (CRM) 30-day option implied volatility is at 27; compared to its 52-week range of 25 to 54 as share price near 18-month high.
NXP Semiconductors (NXPI) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 56.
onsemi (ON) 30-day option implied volatility is at 46; compared to its 52-week range of 37 to 74.
Qualcomm (QCOM) 30-day option implied volatility is at 36; compared to its 52-week range of 28 to 58.
Straddle prices into quarter results
American Airlines (AAL) July 18.50 straddle is priced for a move of 6% into the expected release of quarter results today before the bell.
Capital One (COF) July 118 straddle is priced for a move of 5% into the expected release of quarter results today after the bell.
Freeport-McMoran (FCX) July 40.50 straddle is priced for a move of 4.5% into the expected of quarter results on July 20.
Johnson & Johnson (JNJ) July 160 straddle is priced for a move of 3% into the expected release of quarter results today before the bell.
Intuitive Surgical (ISRG) July 350 straddle is priced for a move of 7% into the expected release of quarter results today after the bell.
CSX Corp (CSX) July 34 straddle is priced for a move of 4% into the expected release of quarter results today after the bell.
Bank OZK (OZK) July 44.50 straddle is priced for a move of 5% into the expected release of quarter results today after the bell.
American Express (AXP) July 177.5 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on July 21.
Schlumberger (SLB) July 57 straddle is priced for a move of 7% into the expected release of quarter results before the bell on July 21.
Movers
Activision Blizzard (ATVI) 30-day option implied volatility is at 16; compared to its 52-week range of 15 to 46.
Carvana Co. (CVNA) 30-day option implied volatility is at 151; compared to its 52-week range of 112 to 266 after reporting results.
Ford Motor (F) 30-day option implied volatility is at 36; compared to its 52-week range of 29 to 580 into quarter results next week.
General Motors (GM) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 60 into quarter results next week.
UPS (UPS) 30-day option implied volatility is at 30; compared to its 52-week range of 18 to 47 amid union negotiations with UPS.
Apellis Pharmaceuticals (APLS) 30-day option implied volatility is at 129; compared to its 52-week range of 38 to 172.
with decreasing option implied volatility: UNH BAC GS MS PEP CAG USB ALLY NEXT SIMO ATVI BBIO
Increasing unusual option volume: JOBY MAT CIM CARR FNGR AAOI XPOF ME OMC UA WB INDI JOBY TUP VRM
Increasing unusual call option volume: VICI CPRI CVS MAT MNMD DM FNGR EMB OPCH IBKR INFY ASHR RKLB
Increasing unusual put option volume: CARR TUP OTLY FREY APLS DM NTRS BBIO IBKR JBHT
Popular stocks with increasing volume: HSY GIS HAL T CVNA PZZA NTRS MAT
Active options: TSLA AAPL MSFT NVDA AMZN AMD GOOGL
Global S&P Futures mixed in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $75.40, natural gas mixed, gold at $1985
