Pre-Market IV Report August 29, 2024

Pre-Market IV Report August 29, 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: IEP NKE ACN K NMRA ATEC GME GRFS NSSC TSAT ACI EW BZ K MNKD CRGY HCP PCG TROW

Stocks expected to have increasing option volume: LULU DELL ADSK MRVL ULTA MDB INTC

NVIDIA (NVDA) option IV decreases

NVIDIA (NVDA) 30-day option implied volatility is at 52; compared to its 52-week range of 32 to 89. Call put ratio 1.6 calls to 1 put.

Broadcom (AVGO) 30-day option implied volatility is at 49; compared to its 52-week range of 25 to 67 into expected release of quarter results after the bell on September 5. Call put ratio 2.4 calls to 1 put with focus on December 174 calls.

Intel (INTC) 30-day option implied volatility is at 43; compared to its 52-week range of 28 to 61 amid headlines. Call put ratio 1 call to 2 puts.

Straddle prices into quarter results

Zscaler (ZS) September 6 weekly 197.50 straddle priced for a move of 11% into the expected release of quarter results after the bell on September 3.

Gitlab (GTLB) September 6 weekly 48 straddle priced for a move of 17% into the expected release of quarter results after the bell on September 3. Call put ratio 4.9 calls to 1 put with focus on September 6 weekly 155 calls.

Asana (ASAN) September 6 weekly 14 straddle priced for a move of 15% into the expected release of quarter results after the bell on September 3.

Movers

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 40. Call put ratio 2 calls to 1 put with focus on September 40 calls as gold near upper end of range.

SecureWorks Corp. (SCWX) 30-day option implied volatility is at 91; compared to its 52-week range of 25 to 91. Call put ratio 3.1 calls to 1 put with focus on October 10 calls.

ABM Industries (ABM) 30-day option implied volatility is at 35; compared to its 52-week range of 16 to 74 with a focus on a spreader of 2K contracts of September 60 and 65 calls.

Dayforce (DAY) 30-day option implied volatility is at 32; compared to its 52-week range of 23 to 76 with a focus on October 65 calls on 2300 contracts.

Star Bulk Carriers (SBLK) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 78 with a focus on September 22 calls as share price up.

Ally Financial (ALLY) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 50. Call put ratio 4.3 calls to 1 put with focus on August 30 weekly and September 6 weekly 43 calls.

Options with decreasing option implied volatility: NVDL FFIE RKLB FL BILL NTNX S SMTC OKTA KSS CHWY ANF GAP PSTG AFRM JWN BBWI BURL WDAY
Increasing unusual option volume: DG BIRK CNM AZUL GSAT ESTC BOX EW IAU
Increasing unusual call option volume: GSAT DG BOX AZUL ESTC GOTU SHLS AUPH DEO QSR SBLK
Increasing unusual put option volume: AZUL DG TROW EW UWMC SMMT PDD OKTA KBH YOU NKE
Popular stocks with increasing volume: SOFI AFRM PDD INTC PLTR CRWD SQ AVGO GME
Active options: NVDA TSLA AAPL SOFI AFRM SMCI PDD INTC PLTR MSFT META CRWD D SQ MARA AVGO GME CCRM
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $76, natural gas mixed, gold at $2558