Pre-Market IV Report September 29, 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: VFS SRPT VKTX SNAP TDOC ENPH ALGN HTZ SPOT CRSP HOG MAT CMG TAN GEO NEE VTRS NEE IBM UPS SNDX
Stocks expected to have increasing option volume: NKE UAA LULU SKX FL CCL NCLH RCL BB
“The Magnificent Seven” option implied volatility into potential government shutdown on October 1
Microsoft (MSFT) 30-day option implied volatility is at 30; compared to its 52-week range of 19 to 43.
Alphabet (GOOGL) 30-day option implied volatility is at 32; compared to its 52-week range of 23 to 47.
Meta Platforms (META) 30-day option implied volatility is at 47; compared to its 52-week range of 29 to 74.
NVIDIA (NVDA) 30-day option implied volatility is at 41; compared to its 52-week range of 37 to 68.
Amazon (AMZN) 30-day option implied volatility is at 38; compared to its 52-week range of 25 to 61.
Apple (AAPL) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 45.
Tesla (TSLA) 30-day option implied volatility is at 54; compared to its 52-week range of 42 to 95.
Straddle prices into quarter results
Carnival Corp (CCL) September weekly 14.50 straddle is priced for a move of 10% into the expected release of quarter results today before the bell.
McCormick (MKC) October 75 straddle is priced for a move of 7% into the expected release of quarter results before the bell on October 3.
Cal-Maine Foods (CALM) October 50 straddle is priced for a move of 7.5% into the expected release of quarter results after the bell on October 3.
Movers
Royal Caribbean (RCL) 30-day option implied volatility is at 43; compared to its 52-week range of 33 to 89 into Carnival Corp (CCL) quarter results.
Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 47; compared to its 52-week range of 37 to 97 into Carnival Corp (CCL) quarter results.
Options with decreasing option implied volatility: ACN KMX ATVI
Increasing unusual option volume: NEP SNDX FOLD BCLI ETNB ICPT
Increasing unusual call option volume: SHLS NEP ICPT JBL UA VTRS SNDX XRT SMAR XP AMT
Increasing unusual put option volume: JBL NEP KMX CNK ACAD SGEN
Popular stocks with increasing volume: MU XOM MARA CCL NIO AMC PTON AAL SIRI COIN
Active options: TSLA AAPL NVDA AMZN AMD META PLTR MU MSFT GOOGL XOM MARA CCL NIO NFLX AMC PTON AAL SIRI COIN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $92, natural gas mixed, gold at $1888
