Pre-Market IV Report August 8, 2024

Pre-Market IV Report August 8, 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: ASAN LUMN WOLF IOT GTLB AI SNOW PATH ZS AVGO DKS GPS GLNG HPE

Stocks expected to have increasing option volume: BMBL EGHT SEDG SPCE BYND FROG Z ZG HUBS MODGE WBD HOOD MNST BROS LLY GILD DBX U PARA PBR DDOG

Option IV movement continues

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 22; compared to its 52-week range of 10 to 29. Call put ratio 1 call to 1.3 puts with focus on August 555 puts.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 30; compared to its 52-week range of 14 to 37. Call put ratio 1 call to 1.2 puts with focus on with focus on August 480 and August 490 puts.

iShares Russell 2000 (RUT) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 37. Call put ratio 1 call to 1.3 puts with focus on September 2310 calls.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 45; compared to its 52-week range of 27 to 52 with focus on August 42 and 45 puts.

Straddle price into quarter results

Eli Lilly & Co. (LLY) August 9 weekly 772.50 straddle priced for a move of 7.5% into expected release of quarter results before the bell on August 8.

Unity Software (U) August 9 weekly 14 straddle priced for a move of 16% into expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1 put.

Paramount Global (PARA) August 9 weekly 10.50 straddle priced for a move of 5% into expected release of quarter results today after the bell. Call put ratio 2.9 calls to 1 put into quarter results.

VinFast (VFS) August 9 weekly 3.5 straddle priced for a move of 26% into expected release of quarter results before the bell on August 9. Call put ratio 1 call to 6.4 puts.

Option movers

Super Micro Computer (SMCI) 30-day option implied volatility is at 78; compared to its 52-week range of 54 to 118 on 383K contracts.

Inogen (INGN) 30-day option implied volatility is at 77; compared to its 52-week range of 30 to 134 with a focus on August 10 calls.

Kenvue (KVUE) 30-day option implied volatility is at 26; compared to its 52-week range of 18 to 54 with focus on January 17.50 and 20 puts.
tion movers

Options with decreasing option implied volatility: SNAP ALAB CFLT ACB HIMS NOVA RDDT NET TDOC ARDX TOST CVNA EXAS ROKU
Increasing unusual option volume: UNIT PSEC COMM LAZR TH ODD LUMN
Increasing unusual call option volume: UNIT LUMN ODD TH GTHX LLAP COMM LAZR
Increasing unusual put option volume: ACHR LUMN PSEC TRIP CRH SG KVUE
Popular stocks with increasing volume: HOOD SMCI DIS SHOP RIVN WYNN INTC BAC ABNB MU LYFT