Pre-Market IV Report December 18, 2024

Pre-Market IV Report December 18, 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: HUM CI CVS UNH BK DXCM UUP SKYT QUBT BLUE WVE TSLQ EHTH LAZR TSLS QS HUM GME KODK YY BNDD CI FNKO OBE

Stocks expected to have increasing option volume: MA WOR HEI MU LEN GIS JBL BIRK FDX NKE POST LOW

Straddle prices into quarter results and FOMC decision

Micron (MU) December 109 straddle priced for a move of 13% into the expected release of quarter results after the bell on December 18. Call put ratio 3.3 calls to 1 put.

Accenture (ACN) December 357 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on December 19.

Nike (NKE) December 78 straddle priced for a move of 9% into the expected release of quarter results after the bell on December 19.

Cintas (CTAS) December 210 straddle priced for a move of 7% into the expected release of quarter results before the bell on December 19.

FedEx (FDX) December 282 straddle priced for a move of 12% into the expected release of quarter results after the bell on December 19.

Darden (DRI) December 170 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on December 19.

FactSet (FDS) December straddle 490 priced for a move of 5% into the expected release of quarter results before the bell on December 19.

CarMax (KMX) December 82.50 straddle priced for a move of 9% into the expected release of quarter results before the bell on December 19.

ConAgra (CAG) December 28 straddle priced for a move of 4% into the expected release of quarter results before the bell on December 19. Call put ratio 2.1 calls to 1 put.

BlackBerry (BB) December 3 straddle priced for a move of 13% into the expected release of quarter results after the bell on December 19. Call put ratio 6.6 calls to 1 put with a focus on June 4 calls.

Movement into FOMC policy decision

UnitedHealth Group (UNH) 30-day option implied volatility is at 40; compared to its 52-week range of 17 to 37 as share price near 8-month low.

Lamb Weston (LW) 30-day option implied volatility is at 51; compared to its 52-week range of 17 to 73 into Post Holdings (POST) agrees to acquire Potato Products of Idaho and release of quarter results.

eHealth (EHTH) 30-day option implied volatility is at 82; compared to its 52-week range of 45 to 105. Call put ratio 9.9 calls to 1 put with focus on February 10 calls as share price up 39%.

Mitek Systems (MITK) 30-day option implied volatility is at 53; compared to its 52-week range of 29 to 92. Call put ratio 8.4 calls to 1 put with focus on January 10 calls as share price up 14%.

Upwork Inc. (UPWK) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 97. Call put ratio 7.7 calls to 1 put with focus on 2300 contracts of April 25 calls.

APA Corporation (APA) 30-day option implied volatility is at 42; compared to its 52-week range of 28 to 51. Call put ratio 1.9 calls to 1 put as share price down 4.6%.

Nucor (NUE) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 44. Call put ratio 1 call to 1.2 puts as share price down 3.1%.

Valley National Bancorp (VLY) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 103. Call put ratio 1 call to 2.3 puts with focus on January 10 calls and puts.

WAVE Life Sciences (WVE) 30-day option implied volatility is at 101; compared to its 52-week range of 55 to 119. Call put ratio 61 calls to 1 put with focus on a spreader of December 15 and 17.50 calls.

Funko (FNKO) 30-day option implied volatility is at 50; compared to its 52-week range of 41 to 113 with a focus on February 15 and 17.50 calls.

Ovintiv Inc. (OVV) 30-day option implied volatility is at 38; compared to its 52-week range of 21 to 70. Call put ratio 7.5 calls to 1 put with a focus on July 49 and 50 calls.

Hims & Hers Health, Inc. (HIMS) December call option implied volatility is at 145, January is at 105; compared to its 52-week range of 40 to 136. Call put ratio 1.9 calls to 1 puts.

Options with decreasing option implied volatility: ACI RH TEVA PLAY ADBE UAA MTCH MCHI BTI
Increasing unusual option volume: QUBT EDR AMTM VOD MTUM RGTI BLY SKYT
Increasing unusual call option volume: QUBT VOD SKYT KNX RGTI QBTS RVNC ARQT
Increasing unusual put option volume: EDR QBTS MTUM GALT RCAT JBL OIH TEVA PAYX NDAQ
Popular stocks with increasing volume: AVGO PLTR TEVA MSTR SOFI MU SMCI PFE AMC
Active options: NVDA TSLA AAPL AVGO AMD PLTR GOOGL GME AMZN TEVA MSTR SOFI MARA GOOG MU SMCI PFE META MSFT AMC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70, natural gas mixed, gold at $2663