Pre-Market IV Report August 7, 2024

Pre-Market IV Report August 7, 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: LUMN ASAN GTLB PATH GCT TRIP CART GLNG HPE AKAM ZS AVGO UCO DKS MS WFC INDA BAC JETS BKR DOCU KO CB ARCC KINS ESTA IMVT VZIO TSLY OR JNPR BAC

Stocks expected to have increasing option volume: AMGN ABNB FTNT SMCI RIVN TOST RDDT WYNN VFC CRUS IAC TRIP UPST GO JACK UPST CPNG RDFN LYFT DIS CVS SHOP HLT GPN RL ROK CAVA GPRO LUMN MOS IRBT LEU INGN LAZR GPRO JACK TEM CRUS UPST AFRM

“The Magnificent Seven” option implied volatility

Microsoft (MSFT) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 35. Call put ratio 1.2 calls to 1 put.

Alphabet (GOOGL) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 39.

Meta Platforms (META) 30-day option implied volatility is at 39; compared to its 52-week range of 24 to 53.

NVIDIA (NVDA) 30-day option implied volatility is at 77; compared to its 52-week range of 32 to 89. Call put ratio 1.3 calls to 1 put.

Amazon (AMZN) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 49. Call put ratio 1.4 calls to 1 put.

Apple (AAPL) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 37. Call put ratio 1 call to 1.3 puts.

Tesla (TSLA) 30-day option implied volatility is at 57; compared to its 52-week range of 40 to 72. Call put ratio 1.2 calls to 1 put.

Straddle prices into quarter results

Eli Lilly (LLY) August 9 weekly 792.50 straddle priced for a move of 7.5% into expected release of quarter results before the bell on August 8.

Gilead (GILD) August 9 weekly 74 straddle priced for a move of 5.5% into expected release of quarter results before the bell on August 8.

Dropbox (DBX) August 9 weekly 21.50 straddle priced for a move of 9% into expected release of quarter results after the bell on August 8. Call put ratio 3 calls to 1 put.

Unity Software (U) August 9 weekly 14 straddle priced for a move of 20% into expected release of quarter results after the bell on August 8. Call put ratio 10.8 calls to 1 put with focus on August 9 weekly 12, 12.50 and 13 calls.

Paramount Global (PARA) August 9 weekly 10.50 straddle priced for a move of 5% into expected release of quarter results after the bell on August 8.

Petrobras (PBR) August 9 weekly 13.50 straddle priced for a move of 5% into expected release of quarter results before the bell on August 8.

Datadog (DDOG) August 9 weekly 105 straddle priced for a move of 11% into expected release of quarter results before the bell on August 8.

Option movers

Bilibili Inc. (BILI) 30-day option implied volatility is at 77; compared to its 52-week range of 50 to 103. Call put ratio 3 calls to 1 put as share price down.

TopBuild (BLD) 30-day option implied volatility is at 46; compared to its 52-week range of 26 to 76 amid active August 380 puts.

Vulcan Materials (VMC) 30-day option implied volatility is at 31; compared to its 52-week range of 12 to 59 amid active August 310 calls.

Taylor Morrison Home (TMHC) 30-day option implied volatility is at 34; compared to its 52-week range of 22 to 41 as share price up.

ADTRAN (ADTN) 30-day option implied volatility is at 71; compared to its 52-week range of 33 to 84. Call put ratio 2.3 calls to 1 put as share price down.

Fortrea (FTRE) 30-day option implied volatility is at 95; compared to its 52-week range of 27 to 92 with a focus on August and December 35 calls.

Options with decreasing option implied volatility: SNAP ACB GRPN CFLT ARDX CVNA RBLX LMND HIMS NET EXAS TDOC ROKU ZI PINS BHC TEAM ETSY
Increasing unusual option volume: SGM FYBR JEF FE GXO
Increasing unusual call option volume: LUMN HA SGMO DT DVA FE GPRE ROIV
Increasing unusual put option volume: HA LUMN ZI DT BAX PTEN EW BKR CNQ
Popular stocks with increasing volume: INTC UBER RIVN HOOD SIRI DIS
Active options: NVDA AAPL TSLA PLTR AMZN AMD INTC META LUMN MSFT UBER GOOGL RIVN HOOD SIRI DIS
Global S&P Futures higher in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $73.50, natural gas mixed, gold at $2431