Pre-Market IV Report June 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: PZZA PGR LYB RKLB INMD NYCB QID SPR CFG SLG LEVI AU BE DOCN EBIX
Stocks expected to have increasing option volume: BABA LAZ ADBE X FDX ACN
NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 68.
Adobe Systems (ADBE) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 50.
Upstart Holdings (UPST) 30-day option implied volatility is at 102; compared to its 52-week range of 86 to 163.
Affirm Holdings (AFRM) 30-day option implied volatility is at 83; compared to its 52-week range of 83 to 146.
Carvana Co. (CVNA) 30-day option implied volatility is at 137; compared to its 52-week range of 112 to 267.
Headlines
Alibaba (BABA) 30-day option implied volatility is at 40; compared to its 52-week range of 39 to 77 into executive management changes headlines. Call put ratio 5 calls to 1 put.
UPS (UPS) 30-day option implied volatility is at 19; compared to its 52-week range of 18 to 47 after UPS union, representing 340,000 workers, approves nationwide strike.
nCino, Inc. (NCNO) 30-day option implied volatility is at 108; compared to its 52-week range of 48 to 119 after report of takeover interest from private equity firms.
Ball Corporation (BALL) 30-day option implied volatility is at 74; compared to its 52-week range of 24 to 86 after Ball Corp. looking into sale of aerospace unit for over $5B, Reuters says.
Walt Disney (DIS) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 49.
Lazard Ltd. (LAZ) 30-day option implied volatility is at 82; compared to its 52-week range of 26 to 102. Call put ratio 11 calls to 1 put.
Ishares Msci Thailand Capped Etf (THD) 30-day option implied volatility is at 17; compared to its 52-week range of 11 to 24.
Aero space-defense–tech stock option implied volatility amid 2023 Paris Airshow
Boeing (BA) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 60 into 2023.
General Electric (GE) 30-day option implied volatility is at 25; compared to its 52-week range of 24 to 252 into 2023 Paris Airshow.
Lockheed Martin (LMT) 30-day option implied volatility is at 16; compared to its 52-week range of 15 to 35 into 2023 Paris Airshow.
Northrop Grumman (NOC) 30-day option implied volatility is at 16; compared to its 52-week range of 16 to 38.
Raytheon Technologies (RTX) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 36 into 2023 Paris Airshow.
General Dynamics (GD) 30-day option implied volatility is at 13; compared to its 52-week range of 13 to 32 into 2023 Paris Airshow.
Huntington Ingalls Industries (HII) 30-day option implied volatility is at 67; compared to its 52-week range of 18 to 81.
Honeywell (HON) 30-day option implied volatility is at 15; compared to its 52-week range of 15 to 35.
Spirit AeroSystems (SPR) 30-day option implied volatility is at 96; compared to its 52-week range of 42 to 109.
L3Harris Technologies (LHX) 30-day option implied volatility is at 63; compared to its 52-week range of 19 to 80.
Straddle prices into quarter results
FedEx (FDX) June weekly 232 straddle is priced for a move of 5.5% into the expected release of quarter results after the bell on June 20.
Options with decreasing option implied volatility: KE ADBE ORCL LEN CVNA HZNP
Increasing unusual option volume: PTEN CSTM NETI BBD KD ASHR PAGP
Increasing unusual call option volume: PAGP ASHR MKC VMW NETI
Increasing unusual put option volume: RIDE MPLX EDIT IRBT GLW EWW PBF PCT BMBL
Popular stocks increasing volume: NIO PLTR INTC ADBE U CVNA AI
Active options: TSLA NVDA AMD AAPL SOFI AMZN NIO MSFT META PLTR AMC BABA RIVN SPCE INTC NKLA ADBE U CVNA AI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $71, natural gas mixed, gold at $1967
