Pre-Market IV Report December 19, 2024

Pre-Market IV Report December 19, 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: SOUN SNAP SVIX HUM UPRO SDOW DXCM CVS CI TSM MS GS WFC BAC TBT JPM ITB C RSP SCHW VOO BK

Stocks expected to have increasing option volume: ACN CTAS PAYX DRI FDS CAG KMX LW MU LEN NKE LII BILL KMX PAYX SCS MLKN WS

Option IV after Fed lowers rates and press conference

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 18; compared to its 52-week range of 10 to 29 after FOMC policy meeting.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 22; compared to its 52-week range of 14 to 37 after FOMC policy meeting. Call put ratio 1 call to 1.1 puts on 4.8M contracts.

Straddle prices into quarter results

Nike (NKE) December 77 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

FedEx (FDX) December 282.50 straddle priced for a move of 13% into the expected release of quarter results today after the bell.

CarMax (KMX) December 82.50 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

BlackBerry (BB) December 3 straddle priced for a move of 13% into the expected release of quarter results today after the bell. Call put ratio 2.6 calls to 1 put.

Movers

Hims & Hers Health, Inc. (HIMS) December call option implied volatility is at 205, January is at 105; compared to its 52-week range of 40 to 136. Call put ratio 1 call to 1.6 puts with focus on December 29 puts.

Quantum Computing Inc (QUBT) 30-day option implied volatility is at 321; compared to its 52-week range of 20 to 303. Call put ratio 1.2 calls to 1 put on 312K contracts as share price up.

Gannett (GCI) 30-day option implied volatility is at 83; compared to its 52-week range of 37 to 80 with a focus on April 7 and 9 calls.

Asia Tigers Fund, Inc. (GRR) 30-day option implied volatility is at 130; compared to its 52-week range of 20 to 252. 20K contracts trade with a focus on January 10, 12.50 and 15 calls.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 87; compared to its 52-week range of 70 to 234. Call put ratio 2. Calls to 1 put with focus on February calls.

iShares Bitcoin Trust (IBIT) 30-day option implied volatility is at 60; compared to its 52-week range of 21 to 64. 368K option contracts.

Carnival Corp. (CCL) 30-day option implied volatility is at 52; compared to its 52-week range of 36 to 60. Call put ratio 1 call to 3.4 puts with a focus on December puts.

Options with decreasing option implied volatility: TEVA RH ACI UAA ADBE SILJ MCHI GIS
Increasing unusual option volume: QUBT KULR SKYT CRVS EWY RGTI QBTS HPP GALT XLIE RSP VUZI
Increasing unusual call option volume: SKYT QUBT QBTS RGTI CRVS DRI AISP LWLG JBL
Increasing unusual put option volume: QBTS RGTI GALT RSP TRIP BCE RVNC MTUM SOC BBAI
Popular stocks with increasing volume: MU AVGO MSTR UBER SOFI SMCI
Active options: NVDA TSLA PLTR AAPL AMD SOUN MU AVGO MSTR UBER QUBT SOFI AMZN SMCI QS RGTI GOOGL MSFT MARA META
Global S&P Futures mixed in premarket, Nikkei mixed, DAX down 1%, WTI Crude oil recently at $70, natural gas up 2%, gold at $2638