Pre-Market IV Report August 28, 2024

Pre-Market IV Report August 28, 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 DNA IEP MU NKE ACN COST K SRRK GRFS VRA AVDL DCTH LUMN BILL WBA RARE SHC SUM GOGL SRAD VMC WLK

Stocks expected to have increasing option volume: NFLX CRM CRWD SJM CHWY BBWI FL PDCO KSS S PVH NCNO JWN SMTC SMCI AMBA BOX ELF

Straddle prices into quarter results

NVIDIA (NVDA) August 30 weekly 129 straddle priced for a move of 10% into the expected release of quarter results today after the bell. Call put ratio 1.6 calls to 1 put.

Salesforce (CRM) August 30 weekly 265 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

CrowdStrike (CRWD) August 30 weekly 270 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Dell Technologies (DELL) August 30 weekly 112 straddle priced for a move of 11% into the expected release of quarter results after the bell on August 29.

Marvell Technology (MRVL) August 30 weekly 70 straddle priced for a move of 11% into the expected release of quarter results after the bell on August 29.

Autodesk (ADSK) August 30 weekly 257 straddle priced for a move of 6% into the expected release of quarter results after the bell on August 29.

Lululemon (LULU) August 30 weekly 270 straddle priced for a move of 11% into the expected release of quarter results after the bell on August 29.

Dollar General (DG) August 30 weekly 125 straddle priced for a move of 9% into the expected release of quarter results before the bell on August 29.

MongoDB (MDB) August 30 weekly 240 straddle priced for a move of 14% into the expected release of quarter results after the bell on August 29.

Best Buy (BBY) August 30 weekly 89 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on August 29.

Ulta Beauty (ULTA) August 30 weekly 370 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on August 29.

Burlington Stores (BURL) August 30 weekly 277 straddle priced for a move of 9% into the expected release of quarter results before the bell on August 29.

Campbell Soup (CPB) August 30 weekly 50 straddle priced for a move of 4% into the expected release of quarter results before the bell on August 29.

Birkenstock (BIRK) September 60 straddle priced for a move of 11% into the expected release of quarter results before the bell on August 29.

Gap (GPS) August 30 weekly 23 straddle priced for a move of 18% into the expected release of quarter results after the bell on August 29.

Ollie’s Bargain (OLLI) September 95 straddle priced for a move of 9.5% into the expected release of quarter results before the bell on August 29.

American Eagle (AEO) August 30 weekly 23 straddle priced for a move of 12% into the expected release of quarter results before the bell on August 29.

Movers

Energizer Holdings (ENR) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 48 with a focus on November 35 calls trading as share price up.

FIGS (FIGS) 30-day option implied volatility is at 45; compared to its 52-week range of 29 to 100 with a focus on 2K contracts of September 5 calls trading.

American Woodmark (AMWD) 30-day option implied volatility is at 30; compared to its 52-week range of 23 to 80 as share price down 10%.

SiTime Corp. (SITM) 30-day option implied volatility is at 55; compared to its 52-week range of 41 to 106 amid wide price movement

Evolent Health (EVH) 30-day option implied volatility is at 45; compared to its 52-week range of 30 to 103 with a focus on September 30 puts, October 30 puts, November 30 puts and October 37.50 calls.

Edison Int’l (EIX) 30-day option implied volatility is at 17; compared to its 52-week range of 15 to 67 with a spreader selling 2K contracts of October 80 puts at 64 and simultaneously trading 1K contracts of October 82.50 puts at $1.24.

Hain Celestial (HAIN) 30-day option implied volatility is at 51; compared to its 52-week range of 34 to 90 with a focus on 805 contracts of February 10 calls trading at $1 as share price up.

Vulcan Materials (VMC) 30-day option implied volatility is at 25; compared to its 52-week range of 12 to 59 with a focus on 700 contracts of September 230 calls trading on the offer at $2.45.

Options with decreasing option implied volatility: AAP WOLF RKLB BILL SNOW ZM TGT WSM WDAY M CAVA BILI ROST CSIQ PARA TJX TOL
Increasing unusual option volume: ABEV MTUM CNM PVH BOX CIM JWN LUMN LIT BMO MKC GOGO
Increasing unusual call option volume: BOX ABEV JBHT EMB JWN FWRD BILL TRGP
Increasing unusual put option volume: YOU MTUM LUMN JWN MKC PVH BMO S FL BMRN K PDD RKT
Popular stocks with increasing volume: INTC PLTR WBA SBUX SOFI SIRI GME MSTR
Active options: NVDA TSLA AAPL PDD AMZN AMD SMCI MARA INTC META PLTR WBA MSFT SBUX SOFI NFLX LUMN SIRI GME MSTR
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $74.70, natural gas mixed, gold at $2542