Pre-Market IV Report June 25, 2024

Pre-Market IV Report June 25, 2024

by

Pre-Market IV Report June 25, 2024

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: SNAP ALGN CHWY SDOW ROKU META SPOT CMG NFLX IBM DPZ EMB GOOG GOOGL RTX EDR SAGE AHCO BL

Stocks expected to have increasing option volume: NKE FDX MU SEDG CMCSA WBD PARA BA

Movers

Micron Technology (MU) June weekly call option implied volatility is at 155, July is at 75. Call put ratio 2 call to 1 put with a focus on 1,955 contracts of June 28 2024(W) 140 calls trading at $8.50 and second block of 1,844 contracts of June 28 2024(W) 140 calls trading at $9.50 with stock trading at $136.52.

Super Micro Computer (SMCI) 30-day option implied volatility is at 79; compared to its 52-week range of 54 to 118 with a focus on June weekly 700 and 750 puts as share price down.

NVIDIA (NVDA) 30-day option implied volatility is at 55; compared to its 52-week range of 32 to 68 as share price down. Option volume active on 6.7M contracts compared to 90 day average of 1.5M with a focus on in the money September 105 calls.

Dell Technologies (DELL) 30-day option implied volatility is at 45; compared to its 52-week range of 23 to 77 with a focus on 1600 puts August 130 puts trading at $5.10.

Marvell Technology (MRVL) 30-day option implied volatility is at 40; compared to its 52-week range of 32 to 72 with 720 contracts of August 2 weekly 61 puts trading at 66 cents and 67 cents.

Broadcom (AVGO) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 59 with a focus on July 12 weekly 1650 and 1700 calls.

AMD (AMD) 30-day option implied volatility is at 42; compared to its 52-week range of 34 to 59 with a focus on July 140 and August 120 puts.

Intel (INTC) 30-day option implied volatility is at 41; compared to its 52-week range of 28 to 49.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 108. Call put ratio 1 call to 1.8 puts with a focus on July 4 weekly 230 and 240 puts.

Chipotle Mexican Grill (CMG) 30-day option implied volatility is at 37; compared to its 52-week range of 15 to 40 into stock split. Call put ratio 1.3 calls to 1 put with focus on January 700 puts.

Affirm Holdings (AFRM) 30-day option implied volatility is at 64; compared to its 52-week range of 60 to 118. Call put ratio 3.5 calls to 1 put with focus on June weekly 32, 34 and 35 calls as share price up.

Rivian Automotive (RIVN) 30-day option implied volatility is at 76; compared to its 52-week range of 57 to 106 into an Investor Day on Thursday, June 27, 2024. Call put ratio 3.2 calls to 1 put with focus on 5K contracts of January 22.50 calls sold at 46 cents.

Straddle prices into quarter results

FedEx (FDX) June weekly 256 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell with a focus on July 5 weekly 280 and 300 calls.

Micron (MU) June weekly 139 straddle priced for a move of 14% into the expected release of quarter results after the bell with a focus on 2K contracts of September 250 calls trading at 88c.

Levi (LEVI) July 23 straddle priced for a move of 10% into the expected release of quarter results on June 26.

Movers

Birkenstock Holding (BIRK) 30-day option implied volatility is at 31; compared to its 52-week range of 31 to 76 into announced a selling shareholder plans to offer 14M ordinary shares in a public offering. Call put ratio 1 call to 8.1 puts with a focus on 1500 July 60 puts purchased at $1.70.

SolarEdge Technologies (SEDG) 30-day option implied volatility is at 78; compared to its 52-week range of 41 to 105 into announces $300M convertible senior notes offering. January 95 puts active on 410 contracts trading at $62.20 into the bell.

Pool Corp. (POOL) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 69 into cutting outlook on ‘weak demand’.

Blackline Inc. (BL) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 83. Call put ratio 15.7 calls to 1 put with focus on July 47.50 calls and July 50 calls as share price up.

Chemours (CC) 30-day option implied volatility is at 41; compared to its 52-week range of 29 to 88. Call put ratio 6.3 calls to 1 put with focus on July 24 calls trading at 65 cents.

ResMed (RMD) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 75 with the focus on July 100 and 105 puts as share price down 12% to $180.73.

Old National Bancorp (ONB) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 47. December 20 calls active on 6500 contracts as share price up.

Criteo S.A. (CRTO) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 53 with a focus on the simultaneously purchase of 5K contracts of July 35 calls and 5K contracts of August 35 calls.

Liquidia Technologies (LQDA) 30-day option implied volatility is at 87; compared to its 52-week range of 34 to 165 with a focus on July 12.50 and August 12.50 call spreads.

MediaAlpha Inc. (MAX) 30-day option implied volatility is at 75; compared to its 52-week range of 39 to 92 with a focus on July 15 and 17.5 puts as share price down.

Options with decreasing option implied volatility: SRPT GME ANVS SPCE KMX ACN KR DNUT HPE LEN IEP
Increasing unusual option volume: PTEN INVZ ALNY MAXN FFIE ACHR
Increasing unusual call option volume: INVZ ACHR HSBC MAXN EWW SNX
Increasing unusual put option volume: PTEN ALNY TPX MAXN MTUM PSEC
Popular stocks with increasing volume: SMCI MU COIN INTC TSM CCL
Active options: NVDA TSLA AAPL AMZN AMD GME META PLTR DJT SMCI MU MARA GOOGL COIN F MSFT INVZ INTC TSM CCL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX down 1%, WTI Crude oil recently at $81.30, natural gas mixed, gold at $2342

Subscribe to Rebel Roundup for your weekly digest of market highlights and free trading lessons.
We’re on a mission to empower retail traders with the tools they need to succeed.

Join a growing community of traders with Market Rebellion

Join the thousands of users daily!