Pre-Market IV Report June 29, 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: CMG DPZ BAX HZNP T KMB JOBY OSTK UBS TDOC CHGG META SPOT SNAP FRO T ISEE
Stocks expected to have increasing option volume: MU NKE BB ASH OSTK CRMD
Option IV for stocks near 52-week high
Apple (AAPL) 30-day option implied volatility is at 18; compared to its 52-week range of 17 to 45 as share price near 52-week high.
Fiserv (FIS) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 97 as share price near 52-week high.
Cardinal Health (CAH) 30-day option implied volatility is at 17; compared to its 52-week range of 17 to 37 as share price near 52-week high.
HCA Holdings (HCA) 30-day option implied volatility is at 20; compared to its 52-week range of 20 to 88 as share price near 52-week high.
Eli Lilly & Co. (LLY) 30-day option implied volatility is at 23; compared to its 52-week range of 21 to 38 as share price near 52-week high.
Crane Company (CR) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 41 as share price near 52-week high.
Louisiana-Pacific (LPX) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 97 as share price near 52-week high.
Delta Air Lines (DAL) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 61 as share price near 52-week high.
Spotify (SPOT) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 82 as share price near 52-week high.
United Airlines (UAL) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 73 as share price near 52-week high.
FedEx (FDX) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 46 as share price near 52-week high.
PACCAR (PCAR) 30-day option implied volatility is at 21; compared to its 52-week range of 20 to 80 as share price near 52-week high.
Rockwell Automation (ROK) 30-day option implied volatility is at 23; compared to its 52-week range of 21 to 87 as share price near 52-week high.
Republic Services (RSG) 30-day option implied volatility is at 13; compared to its 52-week range of 12 to 74 as share price near 52-week high.
Roper Technologies (ROP) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 54 as share price near 52-week high.
Vulcan Materials (VMC) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 44 as share price near 52-week high.
Martin Marietta Materials (MLM) 30-day option implied volatility is at 18; compared to its 52-week range of 17 to 41 as share price near 52-week high.
Straddle prices into quarter results
Nike (NKE) June weekly 113 straddle is priced for a move of 6% into the expected release of quarter results today after the bell.
Rite Aid (RAD) June weekly 1.5 straddle is priced for a move of 26% into the expected release of quarter results today before the bell.
Paychex (PAYX) July 110 straddle is priced for a move of 5.5% into the expected release of quarter results today before the bell.
McCormick & Company (MKC) July 90 straddle is priced for a move of 6% into the expected release of quarter results today before the bell.
Constellation Brands (STZ) June weekly 247 straddle is priced for a move of 4% into the expected release of quarter results before the bell on June 30.
Options with decreasing option implied volatility: DRI WBA SRPT KBH ACN GIS SGEN
Increasing unusual option volume: AQN AMKR TMC ATOS SIX HIMX JOBY NEGG OPRA
Increasing unusual call option volume: HIMX JOBY OPRA NEGG AQN STWD SIX BTAI
Increasing unusual put option volume: BB JOBY RIDE PACB IONQ BJ
Popular stocks increasing volume: CCL SOFI PLTR COIN DAL CVNA LCID
Active options: TSLA NVDA AAPL AMZN CCL AMD SOFI PLTR COIN NFLX AMC INTC DAL META MU CVNA MSFT LCID MARA GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70, natural gas mixed, gold at $1914
