Pre-Market IV Report September 14, 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: AKRO SMTC FFIE VET AKRO NMM TDW BGS FLS UI TTI EVLV NYCB LYB PTCT VIRT OUT DPZ FFIE SGEN CPRI HZNP MPLX WE
Stocks expected to have increasing option volume: ADBE NVDA TOL SBUX AMC
Option IV into ARM 95.5M share IPO priced at $51
NVIDIA (NVDA) 30-day option implied volatility is at 39; compared to its 52-week range of 39 to 68.
Qualcomm (QCOM) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 58 into ARM 95.5M share IPO priced at $51.
Micron Technology (MU) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 58.
AMD (AMD) 30-day option implied volatility is at 38; compared to its 52-week range of 38 to 69.
Intel (INTC) 30-day option implied volatility is at 33; compared to its 52-week range of 30 to 59.
Broadcom (AVGO) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 57.
ASML Holdings (ASML) 30-day option implied volatility is at 28; compared to its 52-week range of 27 to 62.
Taiwan Semi (TSM) 30-day option implied volatility is at 25; compared to its 52-week range of 25 to 53 into ARM 95.5M share IPO priced at $51.
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 25; compared to its 52-week range of 24 to 49 into ARM 95.5M share IPO priced at $51.
Movers
Netflix (NFLX) 30-day option implied volatility is at 33; compared to its 52-week range of 31 to 83.
Amazon (AMZN) 30-day option implied volatility is at 25; compared to its 52-week range of 25 to 61 as share price near 52-week high.
GM, F STLA option IV steady amid contract ending
General Motors (GM) September call option implied volatility is at 61, October is at 32; compared to its 52-week range of 27 to 60 into their current union contracts end on September 14.
Ford (F) September call option implied volatility is at 61, October is at 34; compared to its 52-week range of 27 to 588 into their current union contracts end on September 14.
Stellantis (STLA) September call option implied volatility is at 65, October is at 34; compared to its 52-week range of 23 to 423 into their current union contracts end on September 14.
Straddle prices into quarter results
Adobe (ADBE) September 555 straddle is priced for a move of 5.5% into the expected release of quarter results today after the bell.
Lennar (LEN) September 116 straddle is priced for a move of 4.5% into the expected release of quarter results today.
Option implied volatility for Entertainment and Gaming
Caesars (CZR) 30-day option implied volatility is at 38; compared to its 52-week range of 35 to 85.
MGM Resorts (MGM) 30-day option implied volatility is at 28; compared to its 52-week range of 27 to 62. Call put ratio 1 call to 5.1 puts with focus on September and October puts.
Options with decreasing option implied volatility: EBIX AI GME DOCU PATH DWAC CHPT AYX RH AEO ORCL KR
Increasing unusual option volume: NXE SMTC CNQ EVLV WE SBGI BGC ICE CBRE WES TSEM MO ARCC CBRL ENTG IREN CIVI
Increasing unusual call option volume: CNQ NXE ICE ARCC MO DLR BGC WE NRG OLED FRO CIVI XKI
Increasing unusual put option volume: CGC TSEM CBRE ACB CBRL LMT SAVE MSOS GES STEM
Popular stocks with increasing volume: ORCL F AAL C INTC
Active options: TSLA AAPL NVDA AMZN AMD AMC NFLX ORCL F MSFT META MPW AAL C BABA INTC CHPT CGC GOOGL MARA
Global S&P Futures mixed in premarket, Nikkei up 1.4%, DAX mixed, WTI Crude oil recently at $89, natural gas up 1%, gold at $1927
