Pre-Market IV Report August 21, 2024

Pre-Market IV Report August 21, 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: RKLB LUNR TEM TGTX INSM FDX CURV CCCC ITOS DNUT EH UEC EWCZ FOLD ACI MGNI LZB GUSH TME DINO PYPL VTRS WES

Stocks expected to have increasing option volume: TJX ADI M TGT SNPS A ZM URBN WOLF WDAY

JD.com (JD) 30-day option implied volatility is at 35; compared to its 52-week range of 34 to 65 into Walmart (WMT) sells $3.6B stake. Call put ratio 1.2 calls to 1 put.

Straddle prices into quarter results and inflation debate this week in Jackson Hole

Snowflake (SNOW) August 23 weekly 132 straddle priced for a move of 11% into the expected release of quarter results today after the bell. Call put ratio 1.6 calls to 1 put.

Zoom Video (ZM) August 23 weekly 59 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

Intuit (INTU) August 23 weekly 665 straddle priced for a move of 6% into the expected release of quarter results after the bell on August 22.

Workday (WDAY) August 23 weekly 232 straddle priced for a move of 8% into the expected release of quarter results after the bell on August 22.

Bill Holdings (BILL) August 23 weekly 50 straddle priced for a move of 15% into the expected release of quarter results after the bell on August 22.

NetEase (NTES) August 23 weekly 90 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on August 22.

Baidu (BIDU) August 23 weekly 88 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on August 22.

BJ’s Wholesale (BJ) September 85 straddle priced for a move of 9% into the expected release of quarter results before the bell on August 22. Call put ratio 5.9 calls to 1 put into quarter results.

IQIYI (IQ) August 23 weekly 3 straddle priced for a move of 15% into the expected release of quarter results before the bell on August 22.

Canadian Solar (CSIQ) August 23 weekly 14 straddle priced for a move of 9% into the expected release of quarter results before the bell on August 22.

Peloton (PTON) August 23 weekly 3 straddle priced for a move of 22% into the expected release of quarter results before the bell on August 22. Call put ratio 16.5 calls to 1 put with a focus on September 3.5 and 4.5 calls.

Advanced Auto Parts (AAP) August 23 weekly 61 straddle priced for a move of 14% into the expected release of quarter results before the bell on August 22.

Ross Stores (ROST) August 23 weekly 148 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on August 22.

CAVA Group (CAVA) August 23 weekly 98 straddle priced for a move of 13% into the expected release of quarter results after the bell on August 22.

Movers

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 56. Call put ratio 3 calls to 1 put with a focus on August 13 weekly 890, 895 and 920 calls as share price up.

Fabrinet (FN) 30-day option implied volatility is at 45; compared to its 52-week range of 28 to 84. Call put ratio 2.8 calls to 1 put with focus on September 300 calls as share price up 18%.

iShares Gold Trust (IAU) 30-day option implied volatility is at 17; compared to its 52-week range of 9 to 23 with a focus on January 44 puts as gold near upper end of range.

Intuitive Machines (LUNR) 30-day option implied volatility is at 221; compared to its 52-week range of 21 to 278 with a focus on August 23 weekly 6.5 calls as share price up.

Stride Inc. (LRN) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 82. Call put ratio 2.4 calls to 1 put with focus on September 80 calls as share price down.

Vera Bradley (VRA) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 72 with a focus on November 7.5 puts.

Westlake Chemical (WLK) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 69 with a focus on October 135 puts.

iShares Nasdaq Biotechnology (IBB) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 30 with a focus on 35K contracts of October 135 puts.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 93; compared to its 52-week range of 51 to 234. Call put ratio 4.2 calls to 1 put with focus on September 80 and 90 calls as share price down.

Options with decreasing option implied volatility: LQDA DNA OKLO ACB DLO GLNG COHR ANVS PANW EL ZIM CSCO STNE BHC VSAT ARDX NU WMT TPR
Increasing unusual option volume: HP LUNR MFC GDS VIPS NMM K HA COTY ALXO
Increasing unusual call option volume: LUNR MFC NMM K VIPS GOGO WB ELAN COMM COTY LUMN ACI PSEC YUMC
Increasing unusual put option volume: LUNR HA VIPS IBB ALNY UWMC LUMN ASHR AES KD
Popular stocks with increasing volume: INTC PYPL PANW BAC SIRI BA COIN
Active options: NVDA TSLA AMD AAPL INTC AMZN PLTR PYPL PANW LUNR META MSFT ASTS NFLX MARA BAC SIRI BA GOOGL COIN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73, natural gas mixed, gold at $2545