Pre-Market IV Report October 18, 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: SAVA ARDX SE ZIM AAP TGT TSN CSCO CPRI VYTX UA VMW NUVL ACMR SWN NWSA CLS METC OMF AVDL FOUR PPC PTLO SCVL WH ARLP UAL TSLA NFLX MS
Stocks expected to have increasing option volume: TSLA NFLX MS USB STT SWN FYBR UAL ABT JBHT ARDX SWN CHK CHH WH IBKR
Straddle prices into quarter results
Tesla (TSLA) October 255 straddle is priced for a move of 6.5% into the expected release of quarter results today after the bell.
Netflix (NFLX) October 355 straddle is priced for a move of 9.5% into the expected release of quarter results today after the bell.
Taiwan Semiconductor (TSM) October 91 straddle is priced for a move of 5.5% into the expected release of quarter results after the bell on October 19.
Philip Morris International (PM) October 93 straddle is priced for a move of 2.5% into the expected release of quarter results before the bell on October 19.
Intuitive Surgical (ISRG) October 275 straddle is priced for a move of 8% into the expected release of quarter results after the bell on October 19.
Union Pacific (UNP) October 210 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on October 19.
AT&T (T) October 14.50 straddle is priced for a move of 5% into the expected release of quarter results before the bell on October 19.
Blackstone (BX) October 105 straddle is priced for a move of 4% into the expected release of quarter results before the bell on October 19.
CSX Corp (CSX) October 31.50 straddle is priced for a move of 4% into the expected release of quarter results after the bell on October 19.
KeyCorp (KEY) October 11 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on October 19.
Bank OZK (OZK) October 37.50 straddle is priced for a move of 6% into the expected release of quarter results after the bell on October 19.
American Airlines (AAL) October 12 straddle is priced for a move of 6.5% into the expected release of quarter results before the bell on October 19.
Western Alliance (WAL) October 47.50 straddle is priced for a move of 6.5% into the expected release of quarter results on October 19.
United States Oil Fund (USO) 30-day option implied volatility is at 38; compared to its 52-week range of 25 to 52 as WTI crude trades $88.50.
SPDR Gold Trust (GLD) 30-day option implied volatility is at 15; compared to its 52-week range of 10 to 21. Call put ratio 2.1 calls to 1 put as gold trades above $1951.
Ardelyx (ARDX) 30-day option implied volatility is at 180; compared to its 52-week range of 24 to 310 into October 17 FDA action date. Call put ratio 1.2 calls to 1 put.
Options with decreasing option implied volatility: SCHW TTOO WBA DPZ BAC PNC C LMT UNH BLK JPM
Increasing unusual option volume: HUYA FLEX CL DLO INOD AMAM
Increasing unusual call option volume: DLO CL URTY FLEX SMMT UA
Increasing unusual put option volume: VMW IMGN BK PZZA ARDX DVA RIO
Popular stocks with increasing volume: KVUE C SNAP CL PLUG
Active options: NVDA TSLA BAC AAPL AMZN AMD PLTR META MSFT AMC KVUE GOOGL C SNAP BABA MARA NKLA GOOG CL PLUG
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $88.50, natural gas down 1%, gold at $1951
