Pre-Market IV Report November 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: VMW AUPH MANU KMX SGEN DTC EDIT DLO HRT SYM IOVA DWAC PLCE LMND AI GES NTLA KMX LPG BEAM OGN LNTH CRH
Stocks expected to have increasing option volume: NVDA A ZM LOW ADI BBY DKS BURL AEO ANF KSS
AI stocks option IV into NVIDIA (NVDA) quarter results and outlook
NVIDIA (NVDA) 30-day option implied volatility is at 48; compared to its 52-week range of 37 to 68 into quarter results and outlook.
Qualcomm (QCOM) 30-day option implied volatility is at 23; compared to its 52-week range of 23 to 48.
AMD (AMD) 30-day option implied volatility is at 41; compared to its 52-week range of 38 to 57.
Intel ( INTC) 30-day option implied volatility is at 31; compared to its 52-week range of 28 to 48.
Tesla (TSLA) 30-day option implied volatility is at 55; compared to its 52-week range of 42 to 96.
Meta Platforms (META) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 78.
IBM (IBM) 30-day option implied volatility is at 13; compared to its 52-week range of 13 to 31.
C3 AI (AI) 30-day option implied volatility is at 93; compared to its 52-week range of 56 to 223 amid future of AI.
Palantir (PLTR) 30-day option implied volatility is at 53; compared to its 52-week range of 48 to 93 amid future of AI.
Oracle (ORCL) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 47.
Microsoft (MSFT) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 39.
ServiceNow (NOW) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 57.
Salesforce (CRM) 30-day option implied volatility is at 33; compared to its 52-week range of 22 to 52.
Straddle prices into quarter results
NVIDIA (NVDA) November weekly 505 straddle is priced for a move of 7.5% into the expected release of quarter results today after the bell.
Lowe’s Cos. (LOW) November weekly 205 straddle is priced for a move of 4.5% into the expected release of quarter results today before the bell.
Dick’s Sporting Goods (DKS) November weekly 119 straddle is priced for a move of 9% into the expected release of quarter results today before the bell.
Best Buy (BBY) November weekly 68 straddle is priced for a move of 7.5% into the expected release of quarter results today before the bell.
Burlington Store (BURL) November weekly 137 straddle is priced for a move of 11% into the expected release of quarter results today before the bell.
American Eagle (AEO) November weekly 20 straddle is priced for a move of 10.5% into the expected release of quarter results today before the bell.
Abercrombie (ANF) November weekly 72 straddle is priced for a move of 14% into the expected release of quarter results today before the bell.
Deere (DE) November weekly 380 straddle is priced for a move of 4.5% into the expected release of quarter results before the bell on November 22.
Movers
Crispr Therapeutics AG (CRSP) 30-day option implied volatility is at 82; compared to its 52-week range of 38 to 91. Call put ratio 3.2 call to 1 put as share price up 6%.
Huntsman (HUN) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 79. Call put ratio 1 to 7 puts.
Electrameccanica Vehicles (SOLO) 30-day option implied volatility is at 140; compared to its 52-week range of 62 to 164.
KB Home Inc. (KBH) 30-day option implied volatility is at 29; compared to its 52-week range of 27 to 83.
Chegg Inc. (CHGG) 30-day option implied volatility is at 50; compared to its 52-week range of 36 to 134.
Lithium Americas Corp (LAC) 30-day option implied volatility is at 87; compared to its 52-week range of 37 to 111. Call put ratio 6.2 calls to 1 put.
Alkermes (ALKS) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 80.
Options with decreasing option implied volatility: AX SE M AAP HE ONON TGT ZIM BBWI CSIQ PANW GPS XP ROST WSM GT
Increasing unusual option volume: HUN GGAL BKKT TRMD EDIT LPG PLCE
Increasing unusual call option volume: BBKT GGAL TRMD FITB PLCE TPX UDN
Increasing unusual put option volume: IOVA SABR CAL YPF SMTC IP RILY LUMN GPS A JNK KSS
Popular stocks with increasing volume: INTC BABA NIO BA SOFI COIN DIS RIOT BAC
Active options: TSLA MSFT AAPL PLTR NVDA AMZN META INTC AMD MARA BABA NIO BA SOFI GOOGL COIN DIS RIOT BAC NFLX
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77, natural gas down 2%, gold at $1989
