Pre-Market IV Report November 3, 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: CVNA SQ YELP PARA DKNG NET CRUS SWKS PBR SPLK CPRI XENE OMI PHR FLGT
Stocks expected to have increasing option volume: AAPL SYK BKNG MNST FTNT MCHP SQ COIN NET LYV EXPE SWKS DKNG PODD PARA OLED FIVN CRUS CVNA YELP QSR IT CAH CHD QSR BLMN FUBO AMCX SWKS SQ RKT FTNT BILL DBX PARA OPEN
Movers
Apple (AAPL) November weekly call option implied volatility is at 90, November is at 31; compared to its 52-week range of 17 to 43 into share price trading lower before the bell after quarter results.
DraftKings (DKNG) 30-day option implied volatility is at 66; compared to its 52-week range of 43 to 88 as share price up before the bell on quarter results.
iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 20; compared to its 52-week range of 13 to 26. Call put ratio 2.6 calls to 1 put.
Straddle prices into quarter results
Vertex (VRTX) November straddle 375 is priced for a move of 3.5% into the expected release of quarter results after the bell on November 6.
NXP Semiconductor (NXPI) November 177 straddle is priced for a move of 7% into the expected release of quarter results after the bell on November 6.
TripAdvisor (TRIP) November 14.50 straddle is priced for a move of 11% into the expected release of quarter results after the bell on November 6.
Riot Platforms (RIOT) November 11.50 straddle is priced for a move of 14% into the expected release of quarter results after the bell on November 6.
Uber (UBER) November 46.50 straddle is priced for a move of 8.5% into the expected release of quarter results before the bell on November 7.
Options with decreasing option implied volatility: SOFI SRPT HLF SMCI IGT PINS W ZI ETSY
Increasing unusual option volume: SIX FNGS IJR GRAB PAYC ACI
Increasing unusual call option volume: GRAB ACI IJR ELAN NEP NXE DASH CFLT
Increasing unusual put option volume: PAYC DNA DBX APTV
Popular stocks with increasing volume: PLTR PYPL ROKU NKLA SHOP BAC SOFI SQ C COIN DASH
Active options: TSLA AAPL NVDA PLTR AMD AMZN PYPL META MSFT ROKU NKLA SHOP GOOGL BAC SOFI SQ C MARA COIN DASH
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $82.50, natural gas up 1.5%, gold at $1996
