Pre-Market IV Report October 27, 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: ANF BITO FL IGT DKS DLTR NVDA SBSW BBY CRMT EYPT SOFI BOIL IGT CLMT SWBI SIMO TTD HE MBUU ABR BPMC UNG YELP DELL CPRT FLO
Stocks expected to have increasing option volume: XOM CVZ CHTR AMZN INTC CMG COF JNPR F PSX AN ALGN RIVN EDR DECK
Aero space-defense–tech stock option implied volatility amid headlines
Lockheed Martin (LMT) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 28. Call put ratio 2 calls to 1 put.
Raytheon Technologies (RTX) 30-day option implied volatility is at 23; compared to its 52-week range of 15 to 33. Call put ratio 2.6 calls to 1 put.
Northrop Grumman (NOC) 30-day option implied volatility is at 23; compared to its 52-week range of 16 to 32.
General Dynamics (GD) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 26. Call put ratio 2.7 calls to 1 put.
L3Harris Technologies (LHX) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 75. Call put ratio 4.2 calls to 1 put.
Boeing (BA) 30-day option implied volatility is at 32; compared to its 52-week range of 24 to 46.
General Electric (GE) 30-day option implied volatility is at 29; compared to its 52-week range of 21 to 252.
Honeywell (HON) 30-day option implied volatility is at 22; compared to its 52-week range of 14 to 27.
Spirit AeroSystems (SPR) 30-day option implied volatility is at 64; compared to its 52-week range of 42 to 104.
Huntington Ingalls Industries (HII) 30-day option implied volatility is at 29; compared to its 52-week range of 16 to 67.
Ishares U.S. Aerospace & Defense Etf (ITA) 30-day option implied volatility is at 22; compared to its 52-week range of 12 to 27. Call put ratio 2.4 calls to 1 put.
Straddle prices into quarter results
Exxon Mobil (XOM) October weekly 108 straddle is priced for a move of 2.5% into the expected release of quarter results before the bell on October 27. Call put ratio 1.6 calls to 1 put.
Chevron (CVX) October weekly 155 straddle is priced for a move of 2.5% into the expected release of quarter results before the bell on October 27. Call put ratio 1.6 calls to 1 put.
McDonald’s (MCD) November weekly 255 straddle is priced for a move of 4.5% into the expected release of quarter results before the bell on October 30.
ON Semiconductor (ON) November weekly 83 straddle is priced for a move of 9% into the expected release of quarter results before the bell on October 30.
Pinterest (PINS) November weekly 24 straddle is priced for a move of 13% into the expected release of quarter results after the bell on October 30.
Check Point (CHKP) November straddle is priced for a move of 7% into the expected release of quarter results before the bell on October 30.
XPO (XPO) November 70 straddle is priced for a move of 12% into the expected release of quarter results before the bell on October 30.
SoFi (SOFI) November weekly 7 straddle is priced for a move of 19% into the expected release of quarter results before the bell on October 30.
Rambus (RMBS) November weekly 49 straddle is priced for a move of 12% into the expected release of quarter results after the bell on October 30.
Vornado (VNO) November weekly 20 straddle is priced for a move of 12% into the expected release of quarter results after the bell on October 30.
Goodyear Tire (GT) November weekly 12.50 straddle is priced for a move of 11% into the expected release of quarter results on October 30. Call put ratio 125 calls to 1 put with focus on April calls.
Pfizer (PFE) November weekly 31 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on October 31.
Advanced Micro Devices (AMD) November weekly 94 straddle is priced for a move of 9% into the expected release of quarter results after the bell on October 31.
Options with decreasing option implied volatility: VMW SNAP VRT TDOC ALGN SPOT META
Increasing unusual option volume: MCHI INVZ EDR BKLN VNQ IAU SOVO
Increasing unusual call option volume: EDR INVZ XP ETRN COUR NFE CLMT
Increasing unusual put option volume: VNQ MCHI BKLN CLMT HA SKX HAS ZTO
Popular stocks with increasing volume: SOFI BAC INTC PLTR KVUE COIN SNAP C
Active options: TSLA NVDA AMZN META AAPL MSFT GOOGL AMD SOFI BAC GOOG INTC PLTR F NFLX KVUE MARA COIN SNAP C
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $85, natural gas up 3%, gold at $1997
