Pre-Market IV Report September 11, 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: KVUE MSOS STZ GSK VFS BOWL CRNX SOVO APLS SQM ALNY STAA LTRX ESTA GSK IVR
Stocks expected to have increasing option volume: ORCL ADBE BABA
GM, F, STLA, TSLA option IV amid union contract headlines
General Motors (GM) 30-day option implied volatility is at 31; compared to its 52-week range of 27 to 60 into their current union contracts end on September 14.
Ford (F) 30-day option implied volatility is at 29; compared to its 52-week range of 27 to 588 into their current union contracts end on September 14.
Stellantis (STLA) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 423 into their current union contracts end on September 14.
Tesla (TSLA) 30-day option implied volatility is at 48; compared to its 52-week range of 42 to 96.
Semiconductor stocks option implied volatility into Apple (AAPL) hosts a special event on September 12 and Softbank’s Arm IPO
Qualcomm (QCOM) 30-day option implied volatility is at 27; compared to its 52-week range of 24 to 58 into Softbank’s Arm eyes pricing IPO.
Nvidia (NVDA) 30-day option implied volatility is at 39; compared to its 52-week range of 39 to 68 into Softbank’s Arm eyes pricing IPO.
Broadcom (AVGO) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 57 into Apple (AAPL) hosts a special event on September 12 and Softbank’s Arm IPO.
AMD (AMD) 30-day option implied volatility is at 40; compared to its 52-week range of 39 to 69 into Softbank’s Arm eyes pricing IPO.
Micron (MU) 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 58 into Softbank’s Arm eyes pricing IPO.
Intel (INTC) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 59. Call put ratio 3.1 calls to 1 put into Softbank’s Arm eyes pricing IPO.
Apple (AAPL) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 45 into September 12 event.
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 48. Call put ratio 1 call to 2.2 puts.
Straddle prices into quarter results
Oracle (ORCL) September 125 straddle is priced for a move of 5% into the expected release of quarter results today after the bell.
FuelCell (FCEL) September 1 straddle is priced for a move of 35% into the expected release of quarter results before the bell on September 11.
Cracker Barrel (CBRL) September 75 straddle is priced for a move of 7.5% into the expected release of quarter results before the bell on September 13.
Adobe (ADBE) September 560 straddle is priced for a move of 6% into the expected release of quarter results after the bell on September 14.
Movers
Salesforce (CRM) 30-day option implied volatility is at 23; compared to its 52-week range of 23 to 53 into Dreamforce 2023.
Alibaba (BABA) 30-day option implied volatility is at 35; compared to its 52-week range of 35 to 77.
Boeing (BA) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 60.
Phillips 66 (PSX) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 51 as WTI trades $86 and share price trends higher.
Celsius Holdings Inc. (CELH) 30-day option implied volatility is at 41; compared to its 52-week range of 37 to 116.
On Holding AG (ONON) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 111.
Options with decreasing option implied volatility: IOT DWAC GME GTLB S HCP NTNX
Increasing unusual option volume: FRSH CBAY SMAR SWBI RH ICE MSOS WRK EWW
Increasing unusual call option volume: CBAY FRSH SMAR SWBI RH ICE MSOS WRK
Increasing unusual put option volume: OVV CBRL HSBC RH TSEM DBI MSOS WBD PLAY ACHR
Popular stocks with increasing volume: KVUE INTC WBD SQ DIS C DOCU
Active options: TSLA AAPL NVDA AMZN AMD META MSFT KVUE AMC MARA INTC WBD GOOGL SQ DIS C DOCU PLTR BABA GOOG
Global S&P Futures mixed in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $87, natural gas down 1.5%, gold at $1949
