Pre-Market IV Report August 13, 2024

Pre-Market IV Report August 13, 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: HA IBTA PPTA WOLF MRVL PATH RUM HBM GRPN ADBE ORCL AX TME PBF UWMC ITI KR GLPI RILY

Stocks expected to have increasing option volume: HD ONON MLCO CSCO EAT WMT BABA BZFD JNJ RMBL

Straddle prices into quarter results and into July CPI release on August 14

Home Depot (HD) August 345 straddle priced for a move of 5.5% into expected release of quarter results today before the bell. Call put ratio 1 call to 1.3 puts.

Cisco (CSCO) August 45 straddle priced for a move of 7% into expected release of quarter results after the bell on August 14. Call put ratio 1 call to 1.5 puts.

Brinker (EAT) August 67.50 straddle priced for a move of 11% into expected release of quarter results before the bell on August 14. Call put ratio 1.1 calls to 1 put.

Walmart (WMT) August 69 straddle priced for a move of 5% into expected release of quarter results before the bell on August 15.

Alibaba (BABA) August 81 straddle priced for a move of 6.5% into expected release of quarter results before the bell on August 15. Call put ratio 2.7 calls to 1 put.

Applied Materials (AMAT) August 192.50 straddle priced for a move of 7% into expected release of quarter results after the bell on August 15. Call put ratio 2 calls to 1 put.

Deere (DE) August 345 straddle priced for a move of 6% into expected release of quarter results before the bell on August 15.

JD.com (JD) August 26 straddle priced for a move of 6.5% into expected release of quarter results before the bell on August 15.

Tapestry (TPR) August straddle priced for a move of 12% into expected release of quarter results before the bell on August 15.

Movers

Viking Therapeutics (VKTX) 30-day option implied volatility is at 82; compared to its 52-week range of 50 to 234. Call put ratio 4 calls to 1 put with focus on August 23 weekly 66 and 69 calls.

KeyCorp (KEY) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 99. Call put ratio 1.8 calls to 1 put on 32K contracts as share price up 8% following Scotiabank taking stake.

Qualcomm (QCOM) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 53. Call put ratio 1.1 calls to 1 put with focus on September 150 puts.

Equinor ASA (EQNR) 30-day option implied volatility is at 23; compared to its 52-week range of 18 to 447. Call put ratio 1 call to 3.2 puts with focus on August 28 puts.

iShares Gold Trust (IAU) 30-day option implied volatility is at 19; compared to its 52-week range of 9 to 24. Call put ratio 4.3 calls to 1 put with focus on January 45 calls as share price up.

Wolverine World Wide (WWW) 30-day option implied volatility is at 55; compared to its 52-week range of 39 to 87 amid 1200 contracts of September 12.50 calls trading.

Axos Financial (AX) 30-day option implied volatility is at 48; compared to its 52-week range of 25 to 91. Call put ratio 1 call to 8.7 puts with a focus on September 45, 50, 55, 60 and 65 puts.

United Microelectronics (UMC) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 85 with a focus on August 8 and September 9 calls.

Options with decreasing option implied volatility: JMIA HIMS SG SAVA FSLY IOVA HUMA U DUOL AMSC ALAB RDDT
Increasing unusual option volume: GXO RVNC IAU PCRX SONO UMC K HES
Increasing unusual call option volume: UMC IAU SAGE ABEV K DLO LUMN GENI ACI
Increasing unusual put option volume: GGAL HES HBI LUMN GFI JBLU OWL TEVA SYM AX
Popular stocks with increasing volume: SMCI INTC HOOD AVGO MU BAC SOFI GOLD AMC
Active options: NVDA TSLA AAPL PLTR AMD AMZN SMCI MARA INTC META RILY HOOD MSFT CLSK AVGO MU BAC SOFI GOLD AMC
Global S&P Futures mixed to higher in premarket, Nikkei up 3%, DAX mixed, WTI Crude oil recently at $79, natural gas mixed, gold at $2499