Pre-Market IV Report October 6, 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: CRSP EBIX FSLY BILL W ELF SOFI ETSY BHC IEP TEAM ANET FTNT CWH DASH CPE ABR KO RIVN MDLZ MNST PEP SBUX MPLX ATVI OMAB BTWN MRTX TVTX HASI UI ESTA NVST ODD SBSW NVCR
Stocks expected to have increasing option volume: PXD XOM EWW ASR OMAB MGM CLX LEVI RIVN
Option IV into Pioneer Natural Resources (PXD) up in premarket
Pioneer Natural Resources (PXD) October weekly call option implied volatility is at 42, October is at 29; compared to its 52-week range of 19 to 51. Call put ratio 1.4 calls to 1 put into share price trading up before the bell.
Exxon Mobil (XOM) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 43.
Energy ETF option IV as WTI crude oil trades below $84
United States Oil Fund (USO) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 52 as WTI crude trades below $84.
Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 37; compared to its 52-week range of 26 to 57. Call put ratio 1 call to 7.8 puts.
Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 45.
United States Natural Gas (UNG) 30-day option implied volatility is at 50; compared to its 52-week range of 47 to 120 as natural gas trades near a nine-month high.
Index option IV into September employment report
SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 17; compared to its 52-week range of 11 to 31 into September employment report.
PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 38 into September employment report.
iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 36 into September employment report.
ARK Innovation ETF (ARKK) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 72 into September employment report.
Straddle prices into quarter results
Pepsi (PEP) October weekly 160 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on October 10.
Delta (DAL) October weekly 36.50 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on October 12.
Walgreens Boots (WBA) October weekly 22 straddle is priced for a move of 9.5% into the expected release of quarter results before the bell on October 12.
Options with decreasing option implied volatility: NKE HZNP HELE
Increasing unusual option volume: CX CLX GRAB INDA ALGM TVTX AX OPCH BOWL HASI ACI LW REPL LEVI PXD XOM EWW ASR OMAB
Increasing unusual call option volume: ACI LW OPCH GRAB VMW LEVI CLX CX
Increasing unusual put option volume: LW WE AES LEVI SYF LNTH NEP NEE CL JBL
Popular stocks with increasing volume: RIVN GM KO XOM SQ PLTR CVNA
Active options: TSLA NVDA AAPL RIVN AMD AMZN META BAC AMC GOOGL GM NFLX KO XOM SQ PLTR MSFT BABA CVNA MARA
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $83, natural gas up 2%, gold at $1834
