Pre-Market IV Report November 8, 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: CHWY GTLB DOCU DG SNBR EH VMW PBR AXON CPG BIIB WRK SGEN NICE FRO PSEC BMRN HCC CI CNHI UDN
Stocks expected to have increasing option volume: DIS EBAY DVN BIIB WBD HOOD RIVN GPRO TOST RBLX CAVA LCID FSR NIO SPR TKO UPST AFRM COTY KD BMBL HRB WISH AKAM GILD CPNG MOS WBD UAA UA SEAS
AAPL and AMZN option IV low as share price moves up after quarter results
Apple (AAPL) 30-day option implied volatility is at 19; compared to its 52-week range of 17 to 43.
Amazon (AMZN) 30-day option implied volatility is at 26; compared to its 52-week range of 25 to 55.
Straddle prices into quarter results and Treasury auctions
Disney (DIS) November weekly 84 straddle is priced for a move of 7.5% into the expected release of quarter results today after the bell.
Take-Two (TTWO) November weekly 136 straddle is priced for a move of 6.5% into the expected release of quarter results today after the bell.
MGM Resorts (MGM) November weekly 38 straddle is priced for a move of 6% into the expected release of quarter results today after the bell.
Twilio (TWLO) November weekly 55 straddle is priced for a move of 12% into the expected release of quarter results today after the bell.
Unity Software (U) November weekly 27 straddle is priced for a move of 14% into the expected release of quarter results today.
Wynn Resorts (WYNN) November weekly 93 straddle is priced for a move of 6% into the expected release of quarter results today.
Affirm (AFRM) November weekly 22 straddle is priced for a move of 15% into the expected release of quarter results today after the bell.
Lyft (LYFT) November weekly 11 straddle is priced for a move of 14% into the expected release of quarter results today after the bell.
Nio (NIO) November weekly 8 straddle is priced for a move of 8.5% into the expected release of quarter results on November 8.
Li Auto (LI) November weekly 40 straddle is priced for a move of 8.5% into the expected release of quarter results before the bell on November 9.
Capri (CPRI) November 47.50 straddle is priced for a move of 6% into the expected release of quarter results after the bell on November 9.
Tapestry (TPR) November weekly 27 straddle is priced for a move of 9% into the expected release of quarter results on November 9.
YETI (YETI) November weekly 41 straddle is priced for a move of 12% into the expected release of quarter results before the bell on November 9.
Plug Power (PLUG) November weekly 6 straddle is priced for a move of 12% into the expected release of quarter results after the bell on November 9. Call put ratio 3.7 calls to 1 put.
Krispy Kreme (DNUT) November 12.50 straddle is priced for a move of 14% into the expected release of quarter results before the bell on November 9. Call put ratio 7.2 calls to 1 put.
Movers
Spirit AeroSystems (SPR) 30-day option implied volatility is at 47; compared to its 52-week range of 41 to 104 into announces $200M Class A common stock offering.
Options with decreasing option implied volatility: HLF AYX IEP SRPT BILL DOCN TGTX RNG ELF FSLY ROKU SQ GNRC PLTR SMCI CVNA NET TEM TDS
Increasing unusual option volume: PTEN SKIN REPL WRK TRIP EH SMMT RILY ACRS GEN KBR
Increasing unusual call option volume: TRIP SKIN CFLT WRK REPL SMMT GT DVA BGS
Increasing unusual put option volume: REPL EH IP NICE FOUR PAYC RILY REAL VLY BMBL SABR PZZA INSP
Popular stocks with increasing volume: UBER RIVN PLTR RBLX SNOW BAC SQ INTC SOFI
Active options: TSLA AAPL AMZN NVDA MSFT AMD UBER RIVN PLTR META DDOG GOOGL RBLX SNOW BAC SQ INTC F LCID SOFI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77.50, natural gas mixed, gold at $1974
