Pre-Market IV Report August 16, 2024

Pre-Market IV Report August 16, 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: BTDR SGML ALDX DESP NVCR WT AMCR ROIV SQSP FLO RKLB RILY LQDA

Stocks expected to have increasing option volume: AMAT COHR MSGE HRB PANW EL RILY HA ALK PARA PTLO

NVIDIA (NVDA) 30-day option implied volatility is at 61; compared to its 52-week range of 32 to 89 into expected release of quarter results on August 28. Call put ratio 1.7 calls to 1 put on 5M contracts.

Boeing (BA) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 45. Call put ratio 1.7 calls to 1 put with focus on September 195 and November 200 calls.

Paramount Global (PARA) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 87 after reports Edgar Bronfman is preparing bid for Paramount parent National Amusements. Call put ratio 5.2 calls to 1 put with a focus on September 11 and 12 calls.

Coinbase (COIN) 30-day option implied volatility is at 62; compared to 52-week range of 59 to 103. Call put ratio 1.6 calls to 1 put into Bitcoin trades below $59K.

Straddle prices into quarter results

Estee Lauder (EL) August weekly 95 straddle priced for a move of 11% into the expected release of quarter results before the bell on August 19. Call put ratio 1 call to 3 puts with focus on August 145 calls.

Palo Alto Networks (PANW) August weekly 345 straddle priced for a move of 10% into the expected release of quarter results after the bell on August 19.

JinkoSolar (JKS) July 20 straddle priced for a move of 20% into expected release of quarter results on August 19.

Lowes (LOW) August weekly 237 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on August 20.

Movers

AST SpaceMobile (ASTS) 30-day option implied volatility is at 144; compared to its 52-week range of 45 to 175 as share price up 54% after quarter results. Call put ratio 2.1 calls to 1 put with focus on September 35 calls.

iShares Silver Trust (SLV) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 40. Call put ratio 5.2 calls to 1 put with focus on August 27, September 24 and October 27 calls as share price up.

Titan Machinery (TITN) 30-day option implied volatility is at 55; compared to its 52-week range of 25 to 106. Call put ratio 1 call to 2 puts with focus on September 12.50 puts.

Dollar Tree (DLTR) 30-day option implied volatility is at 55; compared to its 52-week range of 20 to 63. Call put ratio 1 call to 1.4 puts with on active option volume of 39K contracts with a focus on August 100 and September 90 puts as share price up.

Squarespace, Inc. (SQSP) 30-day option implied volatility is at 15; compared to its 52-week range of 7 to 64 with a focus on September 45 call volume of 3400 contracts.

Golden Ocean Group Limited (GOGL) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 84 with a focus on 1100 contracts of September 12.50 calls trading.

Centrus Energy (LEU) 30-day option implied volatility is at 55; compared to its 52-week range of 47 to 81 as share price near 1-year low.

Portillo’s Inc. (PTLO) 30-day option implied volatility is at 46; compared to its 52-week range of 25 to 89 into CNBC report of activist stake. Call put ratio 19 calls to 1 put with focus on November 11 and 12.50 calls.

iShares Russell 2000 (RUT) call put ratio 1 call to 1.3 puts. Most active strikes are September 13 weekly 1850, 1960, 1965, 2070 and 2090 puts into Jackson Hole Economic Symposium on August 22.

Options with decreasing option implied volatility: U LUMN DOCN AKAM SAVA MNDY ARRY DLO SG BE PCT SE TTD ACB SMR LABD
Increasing unusual option volume: SIGA CHK BTDR EW XP HRB SHW HA ACI RILY
Increasing unusual call option volume: XP SIGA SHW BTDR DUK ARQT RTX ACI TPR RILY HA
Increasing unusual put option volume: CHK HA EW ACI GFS VNO NXE SBLK LW TPR RILY
Popular stocks with increasing volume: WMT INTC BABA SMCI AVGO MU NKE CSCO SBUX
Active options: NVDA TSLA AAPL AMZN AMD WMT INTC BABA META SMCI ASTS GOOGL PLTR AVGO MU MSFT NKE CSCO SBUX MARA
Global S&P Futures mixed in premarket, Nikkei up 3.5%, DAX mixed, WTI Crude oil recently at $78, natural gas mixed, gold at $2499