Pre-Market IV Report August 12, 2024

Pre-Market IV Report August 12, 2024

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: K CMPO PCRX BYND HUMA SPRY NICE CPRI

Stocks expected to have increasing option volume: SBUX HE DJT GOLD MNDY HD WMT ASTS CSCO BYND

Large cap IV

NVIDIA (NVDA) 30-day option implied volatility is at 70; compared to its 52-week range of 32 to 89. Call put ratio 1.2 calls to 1 put on 3.9M contracts.

Cisco (CSCO) 30-day option implied volatility is at 35; compared to its 52-week range of 14 to 43 amid the networking equipment maker will cut thousands of jobs in a second round of layoffs this year, Reuters reports. Call put ratio 1 call to 1 put amid active August 60 calls.

Snowflake (SNOW) 30-day option implied volatility is at 69; compared to its 52-week range of 33 to 82. Call put ratio 1.3 calls to 1 put amid a focus on August options.

Straddle prices into quarter results

Home Depot (HD) August 347.50 straddle priced for a move of 5.5% into expected release of quarter results before the bell on August 13.

On Holdings (ONON) August 40 straddle priced for a move of 12.50 % into expected release of quarter results before the bell on August 13.

Li Auto (LI) August 20 straddle priced for a move of 9% into expected release of quarter results before the bell on August 13.

Melco Resorts (MLCO) August 5.5 straddle priced for a move of 12% into expected release of quarter results before the bell on August 13.

Cisco (CSCO) August 45 straddle priced for a move of 7% into expected release of quarter results after the bell on August 14.

Brinker (EAT) August 67 straddle priced for a move of 11% into expected release of quarter results before the bell on August 14. Call put ratio 10.5 calls to 1 put with focus on August 72.50 calls.

Walmart (WMT) August 68 straddle priced for a move of 5% into expected release of quarter results before the bell on August 15.

Alibaba (BABA) August 80 straddle priced for a move of 7% into expected release of quarter results before the bell on August 15.

Movers

Beyond Meat (BYND) 30-day option implied volatility is at 148; compared to its 52-week range of 63 to 209. Call put ratio 7.2 calls to 1 put amid 279K contracts compared to 90-day average of 23K contracts.

Oscar Health Inc. (OSCR) 30-day option implied volatility is at 73; compared to its 52-week range of 33 to 120 with a focus on 5K contracts of November 20 and 24 calls trading.

Five9 (FIVN) 30-day option implied volatility is at 60; compared to its 52-week range of 32 to 100. Call put ratio 3.5 calls to 1 put with a focus on August 35, 52.50 and October 42.50 calls.

Warner Music Group Corp. (WMG) 30-day option implied volatility is at 33; compared to its 52-week range of 23 to 76 with a focus on 10K contracts of September 25 puts trading at 25c and 30c.

Skyward Specialty Insurance Group (SKWD) 30-day option implied volatility is at 45; compared to its 52-week range of 21 to 50 amid 1K contracts of August 35 puts trading as share price down.

Sweetgreen (SG) 30-day option implied volatility is at 71; compared to its 52-week range of 45 to 131. Call put ratio 2.4 calls to 1 put on 37K contracts with a focus on August 30 and 31 calls as share price up.

NextDecade (NEXT) 30-day option implied volatility is at 84; compared to its 52-week range of 37 to 83 with a focus on September 6 and January 10 calls as share price down 6.6%. Option volume of 9K contracts compares to 90 day average of 574 contracts.

Options with decreasing option implied volatility: HIMS FSLY LUMN ALAB DUOL RDDT ASPN AMSC TOST MGNI NVAX SG AAOI APP
Increasing unusual option volume: NNOX ALXO AUPH PUBM APPS DOCS ALIT LUMN
Increasing unusual call option volume: SATS APPS ALIT PPL NNOX DOCS WELL EXC SGMO LUMN BYND
Increasing unusual put option volume: NNOX CNK LUMN DOCS ACHR EW NFE EWJ KD JOBY
Popular stocks with increasing volume: INTC WBD UPST SMCI MU BAC HOOD MSTR AVGO
Active options: NVDA TSLA AAPL PLTR AMZN AMD INTC META WBD UPST SMCI MSFT MU BYND GOOGL BAC HOOD MSTR AVGO U
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77.40, natural gas up 4%, gold at $2482