Pre-Market IV Report August 14, 2024

Pre-Market IV Report August 14, 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: ACB WOLF RILY LQDA BDTX PLCE SBUX SPRY VRNA GMED ARDX FLUT KD CMG XP UMC EDR

Stocks expected to have increasing option volume: WMT CSCO NU DKNG FLUT BA LUV BABA AMAT DE JD K

Movers

Nike (NKE) 30-day option implied volatility is at 26; compared to its 52-week range of 19 to 42. Call put ratio 4.4 calls to 1 put with focus on August and September 80 calls.

Kellanova (K) 30-day option implied volatility is at 43; compared to its 52-week range of 12 to 213 into Mars nears roughly $30B deal for Kellanova, WSJ reports. Call put ratio 4.2 calls to 1 put with focus on August and September 75 calls.

Southwest Airlines (LUV) 30-day option implied volatility is at 37; compared to its 52-week range of 25 to 48 into Elliott Management confirms to nominate ten new Board directors at Southwest.

Straddle prices into quarter results and CPI

Cisco (CSCO) August 45.50 straddle priced for a move of 7% into expected release of quarter results today after the bell. Call put ratio 1 call to 1.2 puts.

Walmart (WMT) August 68 straddle priced for a move of 6% into expected release of quarter results before the bell on August 15.

Alibaba (BABA) August 81 straddle priced for a move of 7% 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 200 straddle priced for a move of 6% into expected release of quarter results after the bell on August 15. Call put ratio 1.9 calls to 1 put.

Deere (DE) August 350 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 8% into expected release of quarter results before the bell on August 15. Call put ratio 3.5 calls to 1 put.

Dell Technologies (DELL) 30-day option implied volatility is at 72; compared to its 52-week range of 23 to 80. Call put ratio 2.7 calls to 1 put.

SPDR Portfolio S&P 500 ETF (SPLG) 30-day option implied volatility is at 16; compared to its 52-week range of 10 to 37. Call put ratio 1 call to 11.2 puts with focus on August and September 61 puts.

Arhaus, Inc (ARHS) 30-day option implied volatility is at 53; compared to its 52-week range of 32 to 90 with a focus on August 12 and November 9.5 puts.

Elanco Animal Health (ELAN) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 90 with a focus on January 13 and 14 calls.

Alaska Air Group (ALK) 30-day option implied volatility is at 37; compared to its 52-week range of 25 to 81 with a spreader active in October 37.50 calls, January 32.50 puts and January 35 puts.

CenterPoint Energy (CNP) 30-day option implied volatility is at 20; compared to its 52-week range of 12 to 66 with a focus on August 26 puts.

CXApp Inc (CXAI) 30-day option implied volatility is at 243; compared to its 52-week range of 21 to 244 with focus on August 7.5 calls.

Options with decreasing option implied volatility: SG FSLY LUMN AAOI DUOL U ALAB AMSC ASPN IOVA MGNI RDDT
Increasing unusual option volume: HUN MCHI ED HA XP KVUE AVPT
Increasing unusual call option volume: ED MCHI KVUE COMM XP FLUT FREY CLNE ACI CLX
Increasing unusual put option volume: INFY LUMN NFE LQDA TME GT WOLF EW SYM
Popular stocks with increasing volume: CMG SBUX NKE SMCI PFE AVGO KVUE
Active options: NVDA TSLA SBUX AAPL AMZN CMG PLTR INTC AMD META NKE MSFT MARA NU SMCI PFE AVGO MSTR KVUE GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79, natural gas mixed, gold at $2513