Pre-Market IV Report December 12, 2024

Pre-Market IV Report December 12, 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: U UNH CVS UNH CVS GOOG GOOGL NMRA SOC ALLT CMP OXM

Stocks expected to have increasing option volume: AVGO ADBE COST CIEN LEN AA GOOG GOOGL

Alphabet (GOOG) 30-day option implied volatility is at 29; compared to its 52-week range of 21 to 39. Call put ratio 3.8 calls to 1 put as share price near record high.

Health insurance IV

UnitedHealth Group (UNH) 30-day option implied volatility is at 29; compared to its 52-week range of 17 to 37. Call put ratio 1.3 calls to 1 put as share price down.

CVS Health (CVS) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 51. Call put ratio 1.3 calls to 1 put with focus on February 65 calls.

Centene (CNC) 30-day option implied volatility is at 34; compared to its 52-week range of 19 to 47. Call put ratio 1 call to 1.5 puts with focus on December 55 and January 50 puts.

Cigna (CI) 30-day option implied volatility is at 28; compared to its 52-week range of 16 to 43. Call put ratio 1 call to 1.3 puts with focus on January calls and puts.

Elevance Health (ELV) 30-day option implied volatility is at 29; compared to its 52-week range of 12 to 36. Call put ratio 1.1 calls to 1 put as share price down.

Humana (HUM) 30-day option implied volatility is at 39; compared to its 52-week range of 23 to 67. Call put ratio 1 call to 1.1 puts as share price down.

Molina Healthcare (MOH) 30-day option implied volatility is at 36; compared to its 52-week range of 21 to 113. Call put ratio 1.6 calls to 1 put as share price down.

Straddle price into quarter results

Costco (COST) December 13 weekly 995 straddle priced for a move of 4% into the expected release of quarter results today after the bell.

Movers

TechnipFMC (FTI) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 85. Call put ratio 9.8 calls to 1 put with focus on a spreader of January 27 and May 32 calls.

Wolverine World Wide (WWW) 30-day option implied volatility is at 45; compared to its 52-week range of 38 to 87 as share price up.

Dave & Buster’s Entertainment (PLAY) 30-day option implied volatility is at 54; compared to its 52-week range of 33 to 109. Call put ratio 1.1 calls to 1 put with focus on January 30 calls as share price down.

General Dynamics (GD) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 25. Call put ratio 1 call to 2.1 puts with a focus on 1999 contracts of June 210 put at $2.

Candel Therapeutics (CADL) 30-day option implied volatility is at 215; compared to its 52-week range of 45 to 413. Call put ratio 1 call to 1.3 puts with a focus on December options as share price up.

Mister Car Wash, Inc (MCW) 30-day option implied volatility is at 38; compared to its 52-week range of 28 to 67 with a focus on 3K contracts of May 10 calls sold at 30c.

Waystar Holding (WAY) 30-day option implied volatility is at 41; compared to its 52-week range of 32 to 73 with a focus on 2K contracts of January 35 calls purchased for $1.50.

Hims & Hers Health, Inc. (HIMS) December weekly call option implied volatility is at 103, December is at 126; compared to its 52-week range of 40 to 136. Call put ratio 1 call to 1 puts on active option volume of 58K contracts compared to 90 day average of 38K contracts.

Options with decreasing option implied volatility: PATH GTLB IOT ACI FIVE SA RBRK ASAN
Increasing unusual option volume: ANAB RGTI CADL QUBT GLBE SFIX OLLI AON
Increasing unusual call option volume: RGTI SFIX QUBT GLBE QBTS FIGS GLNG
Increasing unusual put option volume: QBTS BHC PLAY ACI PCG BAH TKO
Popular stocks with increasing volume: SMCI MSTR UBER GME INTC AVGO SOFI
Active options: NVDA TSLA GOOGL AAPL AMD PLTR SMCI GOOG AMZN MSTR UBER GME META INTC AVGO MARA RIOT MSFT SOFI RGTI
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $70, natural gas down 1%, gold at $2748