Pre-Market IV Report December 23, 2024

Pre-Market IV Report December 23, 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: NMRA CVNA SNAP CDE SCHD RSP AMRX IIPR MNKD CDE RELY AMPY ALKS EXE K WU K IEI

Stocks expected to have increasing option volume: QCOM ARM X SAM HMC NVO

NVIDIA (NVDA) into CES Keynote

NVIDIA (NVDA) 30-day option implied volatility is at 46; compared to its 52-week range of 33 to 89 into Jensen Huang Founder and CEO, NVIDIA CES 2025 Keynote on January 6.

IBM (IBM) 30-day option implied volatility is at 23; compared to its 52-week range of 15 to 35 into a company hosted investor meeting on February 4, 2025.

Movers

Arm Holdings (ARM) 30-day option implied volatility is at 57; compared to its 52-week range of 43 to 171. Call put ratio 1 call to 1.1 put into Qualcomm (QCOM) trial verdict did not breach Arm license.

Qualcomm (QCOM) 30-day option implied volatility is at 36; compared to its 52-week range of 23 to 53. Call put ratio 1 call to 1 put into trial verdict that it did not breach Arm Holdings (ARM) license.

Novo Nordisk (NVO) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 59. Option volume of 195K contracts is above its 90 day average of 31K contracts.

Hims & Hers Health, Inc. (NVO) December weekly call option implied volatility is at 95, January is at 94; compared to its 52-week range of 40 to 136. Call put ratio 1.4 calls to 1 put with focus on January 27.50 and 35 calls.

Starbucks (SBUX) 30-day option implied volatility is at 27; compared to its 52-week range of 18 to 43. Option volume of 84K contracts above 90 day average of 38K contracts amid strike headlines.

Olema Pharmaceuticals (OLMA) 30-day option implied volatility is at 134; compared to its 52-week range of 63 to 155.

Groupon (GRPN) 30-day option implied volatility is at 80; compared to its 52-week range of 53 to 140.

Designer Brands Inc. (DBI) 30-day option implied volatility is at 66; compared to its 52-week range of 43 to 126.

Kohl’s (KSS) 30-day option implied volatility is at 47; compared to its 52-week range of 40 to 80.

Frontier Group Holdings, Inc. (ULCC) 30-day option implied volatility is at 78; compared to its 52-week range of 57 to 102.

European Wax Center (EWCZ) 30-day option implied volatility is at 74; compared to its 52-week range of 38 to 82. Call put ratio 12.8 calls to 1 put with a focus on January 5, January 7, March 6 and March 9 calls.

IONQ Inc (IONQ) 30-day option implied volatility is at 138; compared to its 52-week range of 57 to 137. Call put ratio 1.6 calls to 1 put as shar price up 17%.

Carrier Global (CARR) 30-day option implied volatility is at 26; compared to its 52-week range of 20 to 70. Call put ratio 2.7 calls to 1 put with focus on January 75 calls as share price up 3.5%.

Novo Nordisk (NVO) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 59. Call put ratio 1.9 calls to 1 put with focus on January 3 weekly 110 and June 115 calls after releasing Cagrisema data.

Nutrien (NTR) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 42. Call put ratio 1 call to 19.7 puts with focus on December 27 weekly 44 and January 31 weekly 41 puts.

Fabrinet (FN) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 85 with a focus on January 210 and 0 February 20 puts.

Options with decreasing option implied volatility: TEVA LW FDX MU NVO VRTX NKE MSTY JWN CTAS ACN LEN PYX CAG
Increasing unusual option volume: GALT QUBT AMCR ARQT CE KULR CNC AMTM RGTI CRVS HMC
Increasing unusual call option volume: QUBT XND AMCR CRVS MVST ARQT AMTM CNC CE JCI
Increasing unusual put option volume: RGTI GALT CNC QBTS EXE ANAB BAX KDP ETHU
Popular stocks with increasing volume: AVGO AMD MSTR MU INTC SMCI NKE
Active options: NVDA TSLA AAPL PLTR AVGO AMD MSTR AMZN MSFT MU GOOGL MARA INTC META SMCI NKE GME QUBT SOUN CNC
Global S&P Futures lower in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $69.50, natural gas up 3.5%, gold at $2637