Pre-Market IV Report July 21, 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: SIRI PSQH SIMO KNSA ICUI EL ACEL SDGR VMW IPG ASTL CEG WHR NDAQ UMC APLS SIMO AVDL FL EL WEAT CSCO CAH WMT
Stocks expected to have increasing option volume: COF ISRG CMA SLB CSX AXP ROP DFS OZK COF RF AN HBAN
Straddle prices into quarter results
Packaging Corporation (PKG) August 135 straddle is priced for a move of 6% into the expected release of quarter results after the bell on July 24.
Cleveland Cliffs (CLF) July weekly 16.50 straddle is priced for a move of 7% into the expected release of quarter results after the bell on July 24.
Whirlpool (WHR) July weekly 150 straddle is priced for a move of 7% into the expected release of quarter results after the bell on July 24.
NXP Semiconductors (NXPI) July weekly 210 weekly straddle is priced for a move of 6% into the expected release of quarter results after the bell on July 24.
Domino’s Pizza (DPZ) July weekly 387 straddle is priced for a move of 6% into the expected release of quarter results before the bell on July 24.
Crown Holdings (CCK) August 90 straddle is priced for a move of 8% into the expected release of quarter results after the bell on July 24.
Microsoft (MSFT) July weekly 345 straddle is priced for a move of 5% into the expected release of quarter results after the bell on July 25.
Alphabet (GOOG) July weekly 120 straddle is priced for a move of 5% into the expected release of quarter results after the bell on July 25.
Visa (V) July weekly 240 straddle is priced for a move of 4% into the expected release of quarter results after the bell on July 25.
Verizon (VZ) July weekly 33.50 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on July 25.
General Electric (GE) July weekly 111 straddle is priced for a move of 4% into the expected release of quarter results before the bell on July 25.
General Motors (GM) July weekly 39 straddle is priced for a move of 5% into the expected release of quarter results before the bell on July 25.
Movers
Carvana Co. (CVNA) 30-day option implied volatility is at 139; compared to its 52-week range of 112 to 266.
Sirius XM (SIRI) 30-day option implied volatility is at 158; compared to its 52-week range of 24 to 159. Call put ratio 3.1 calls to 1 put amid wide price movement.
Target (TGT) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 52 into back to school.
Options with decreasing option implied volatility: BBIO AEHR MSOS ATVI NFLX ALLY USB SGEN UNH BAC IBM ABT JPM
Increasing unusual option volume: INFY KVUE SIRI PGY DV VIR IPG GOSS PPL TUP
Increasing unusual call option volume: PGY KVUE SIRI GOSS FYBR PPL MAXN LSXMK DFS EXC XPO MAT FNGR
Increasing unusual put option volume: TUP INFY PPG WM DFS APLS DM DJX JETS CPNG RILY BMBL
Popular stocks with increasing volume: CVNA RIVN PLTR NKLA BAC JNJ SOFI AAL COIN BABA AMC
Active options: TSLA AAPL NVDA AMD AMZN NFLX MSFT CVNA RIVN META PLTR GOOGL NKLA BAC JNJ SOFI AAL COIN BABA AMC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $76, natural gas mixed, gold at $1972
