Pre-Market IV Report October 20, 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: VRT SAVA VRT SE VMW M AAP TGT TSN
Stocks expected to have increasing option volume: ISRG AXP SEDG PACW BANC RF HBAN SLB KNX HPE COIN
Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 48. Call put ratio 3.7 calls to 1 put as gold trades $1993.
Straddle prices into quarter results
American Express (AXP) October 150 straddle is priced for a move of 4% into the expected release of quarter results today before the bell.
Cadence Design Systems (CDNS) November 250 straddle is priced for a move of 8% into the expected release of quarter results after the bell on October 23.
Whirlpool (WHR) October weekly 129 straddle is priced for a move of 6.5% into the expected release of quarter results after the bell on October 23.
Cleveland-Cliffs (CLF) October weekly 14.50 straddle is priced for a move of 8% into the expected release of quarter results after the bell on October 23.
Microsoft (MSFT) October weekly 330 straddle is priced for a move of 5.5% into the expected release of quarter results after the bell on October 24.
Alphabet (GOOGL) October weekly 138 straddle is priced for a move of 5% into the expected release of quarter results after the bell on October 24.
Visa (V) October weekly 235 straddle is priced for a move of 4.5% into the expected release of quarter results after the bell on October 24.
Coca-Cola (KO) October weekly 54.50 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on October 24.
Snap (SNAP) October weekly 9.5 straddle is priced for a move of 19% into the expected release of quarter results after the bell on October 24.
General Electric (GE) October weekly straddle is priced for a move of 6.5% into the expected release of quarter results before the bell on October 24.
General Motors (GM) October weekly 29 straddle is priced for a move of 6% into the expected release of quarter results before the bell on October 24.
Verizon (VZ) October weekly 30.50 straddle is priced for a move of 4% into the expected release of quarter results before the bell on October 24.
Solar stock option IV into SolarEdge Technologies (SEDG) lower guidance
SolarEdge Technologies (SEDG) 30-day option implied volatility is at 84; compared to its 52-week range of 41 to 95 into lowering revenue guidance.
Enphase Energy (ENPH) 30-day option implied volatility is at 75; compared to its 52-week range of 42 to 86.
First Solar (FSLR) 30-day option implied volatility is at 55; compared to its 52-week range of 37 to 67.
JinkoSolar (JKS) 30-day option implied volatility is at 72; compared to its 52-week range of 46 to 83.
Sunrun (RUN) 30-day option implied volatility is at 100; compared to its 52-week range of 60 to 108.
SunPower (SPWR) 30-day option implied volatility is at 90; compared to its 52-week range of 53 to 91.
Sunnova Energy International Inc. (NOVA) 30-day option implied volatility is at 107; compared to its 52-week range of 63 to 146. Call put ratio 1 call to 9.3 puts.
Options with decreasing option implied volatility: VFS NFLX SCHW DFS ABT ELV T PG TTOO
Increasing unusual option volume: CG BKLN PTEN DM SMTC CYTK IJR
Increasing unusual call option volume: IJR SMTC DVA GOOS VIST CRDO DM VMW
Increasing unusual put option volume: VMW BKLN SCO BALL OZK STWD NOVA
Popular stocks with increasing volume: RIVN BAC T AAL TSM AMC SOFI PLTR BABA
Active options: TSLA NVDA NFLX AAPL AMZN AMD MSFT META RIVN BAC T AAL TSM AMC SOFI GOOGL PLTR GOOG BABA MARA
Global S&P Futures lower in premarket, Nikkei mixed, DAX down 1%, WTI Crude oil recently at $90, natural gas mixed, gold at $1993
