Pre-Market IV Report August 27, 2024

Pre-Market IV Report August 27, 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: DJT FFIE IEP ACI DNUT X MU NKE K VRA CMPS ACB CTRN LMNR SMCI HA AMC COMP MU TCOM MAMA NKE HASI GCI EVER ARDX PZZA AN BOX RTO CRI CART LOCO PBRA QGEN COST SCHD

Stocks expected to have increasing option volume: NVDA DELL TCOM BABA JD PDD KWEB ASHR PARA FL FIVE SMJ HPQ BBWI AND KSS VSCO LI OKTA CRWD CRM

Chip option IV into NVIDIA (NVDA) results and outlook

NVIDIA (NVDA) 30-day option implied volatility is at 72; compared to its 52-week range of 32 to 89 into expected release of quarter results after the bell on August 28. Call put ratio 1.6 calls to 1 put.

Broadcom (AVGO) 30-day option implied volatility is at 52; compared to its 52-week range of 25 to 67. Call put ratio 1.8 calls to 1 put into NVIDIA (NVDA) results and outlook.

Arm Holdings (ARM) 30-day option implied volatility is at 65; compared to its 52-week range of 35 to 171. Call put ratio 1 call to 1.2 puts into NVIDIA (NVDA) results and outlook.

Super Micro Computer (SMCI) 30-day option implied volatility is at 74; compared to its 52-week range of 54 to 118. Call put ratio 1.1 calls to 1 put into NVIDIA (NVDA) results and outlook.

AMD (AMD) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 64. Call put ratio 1.2 calls to 1 put into NVIDIA (NVDA) results and outlook.

Qualcomm (QCOM) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 53 into NVIDIA (NVDA) results and outlook.

Taiwan Semi (TSM) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 58. Call put ratio 1.1 calls to 1 put into NVIDIA (NVDA) results and outlook.

Intel (INTC) 30-day option implied volatility is at 44; compared to its 52-week range of 28 to 61 into NVIDIA (NVDA) results and outlook.

Micron Technology (MU) 30-day option implied volatility is at 59; compared to its 52-week range of 27 to 73. Call put ratio 1.9 calls to 1 put into NVIDIA (NVDA) results and outlook.

Mobileye (MBLY) 30-day option implied volatility is at 62; compared to its 52-week range of 33 to 95. Call put ratio 3.8 calls to 1 put into NVIDIA (NVDA) results and outlook.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 42; compared to its 52-week range of 22 to 60. Call put ratio 1 call to 1.5 puts.

Straddle prices into quarter results

HP Inc (HPQ) August 30 weekly 35.50 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on August 28.

NetApp (NTAP) August 30 weekly 132 straddle priced for a move of 8% into the expected release of quarter results after the bell on August 28.

Li Auto (LI) August 30 weekly 21 straddle priced for a move of 9% into the expected release of quarter results after the bell on August 28.

Pure Storage (PSTG) September 60 straddle priced for a move of 14% into the expected release of quarter results after the bell on August 28.

Okta (OKTA) August 30 weekly 98 straddle priced for a move of 12% into the expected release of quarter results after the bell on August 28.

J.M. Smucker (SJM) September 120 straddle priced for a move of 6% into the expected release of quarter results before the bell on August 28.

Chewy (CHWY) August 30 weekly 26 straddle priced for a move of 15% into the expected release of quarter results before the bell on August 28.

Affirm (AFRM) August 30 weekly 32 straddle priced for a move of 16% into the expected release of quarter results after the bell on August 28.

Abercrombie & Fitch (ANF) August 30 weekly 165 straddle priced for a move of 14% into the expected release of quarter results before the bell on August 28.

Bath & Body Works (BBWI) August 30 weekly 35 straddle priced for a move of 14% into the expected release of quarter results before the bell on August 28.

Five Below (FIVE) September 85 straddle priced for a move of 15% into the expected release of quarter results after the bell on August 28.

Foot Locker (FL) August 30 weekly 33 straddle priced for a move of 16% into the expected release of quarter results before the bell on August 28.

Kohl’s (KSS) August 30 weekly 20 straddle priced for a move of 16% into the expected release of quarter results before the bell on August 28.

Victorias Secret (VSCO) September straddle priced for a move of 10% into the expected release of quarter results after the bell on August 28.

Movers

Kymera Therapeutics (KYMR) 30-day option implied volatility is at 65; compared to its 52-week range of 56 to 127 amid active October 50 puts trading on bid at $3.90.

PTC Therapeutics (PTCT) 30-day option implied volatility is at 65; compared to its 52-week range of 31 to 157 amid active March 34 calls.

Enova International (ENVA) 30-day option implied volatility is at 34; compared to its 52-week range of 24 to 52 as share price down.

UiPath Inc. (PATH) 30-day option implied volatility is at 74; compared to its 52-week range of 36 to 86. Call put ratio 2.9 calls to 1 put with focus on November 17 and 19 calls as share price up.

CBRE Group (CBRE) 30-day option implied volatility is at 23; compared to its 52-week range of 18 to 74 with a focus on 1109 contracts of October 110 puts trading at $1.35.

NAPCO Security Tech (NSSC) 30-day option implied volatility is at 47; compared to its 52-week range of 29 to 65 amid 2600 contracts of September 50 calls trading.

Toast (TOST) 30-day option implied volatility is at 40; compared to its 52-week range of 37 to 88 with a focus on August 25 calls as share price up.

Best Buy (BBY) 30-day option implied volatility is at 41; compared to its 52-week range of 20 to 48 amid active August 30 weekly 98 calls, September 6 weekly 90 calls and September 6 weekly 80 puts.

Options with decreasing option implied volatility: WOLF DNA RKLB BILL AAP PANW SNOW TGT ZM M BILI WDAY ROST TJX TOL MDT
Increasing unusual option volume: HUN INVZ COMP CIM LUNR PNR GOGO IEP
Increasing unusual call option volume: INVZ COMP LUNR GOOG SPHR FYBR PDD
Increasing unusual put option volume: PDD IEP LUNR AUR PTON EXEL BMO TCOM BMRN
Popular stocks with increasing volume: BABA INTC SOFI SMCI RIVN MU AMC AVGO PTON GME
Active options: NVDA TSLA PDD AMD AAPL AMZN META BABA INTC PLTR SOFI SMCI RIVN MARA MU AMC MSFT AVGO PTON GME
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77, natural gas down 2%, gold at $2545