Pre-Market IV Report December 3, 2024

Pre-Market IV Report December 3, 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: SYM ACHR BHC JOBY EPD GRRR PPBT NMRA CORZ BKKT RXRX ANVS TERN FSLY TEVA VERV ARDX IOVA ADMA TREE MNKD LSPD MNSO

Stocks expected to have increasing option volume: CRM MRVL ZS PSTG BOX SNPS INTC HON TTD ROKU FSLY CNM FIVE

Movers

AT&T (T) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 109 into AT&T to Host Analyst & Investor Day on December 3. Call put ratio 3.2 calls to 1 put.

Robinhood (HOOD) 30-day option implied volatility is at 65; compared to its 52-week range of 48 to 96 into hosting investor day on December 4. Call put ratio 2.8 calls to 1 put.

Movement

Honeywell (HON) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 26 into cuts Q4 adjusted EPS view. Call put ratio 2.1 calls to 1 put.

The Trade Desk Inc. (TTD) 30-day option implied volatility is at 32; compared to its 52-week range of 29 to 76. Call put ratio 2.5 calls to 1 put as share price up 4.3%.

Roku (ROKU) 30-day option implied volatility is at 47; compared to its 52-week range of 37 to 89. Call put ratio 3.8 calls to 1 put as share price up 10.7%.

Cloudflare (NET) 30-day option implied volatility is at 37; compared to its 52-week range of 35 to 79. Call put ratio 5.8 calls to 1 put as share price up 5.6%.

Fastly, Inc. (FSLY) 30-day option implied volatility is at 79; compared to its 52-week range of 48 to 130. Call put ratio 11.9 calls to 1 put as share price up 17.2%.

Toast (TOST) 30-day option implied volatility is at 38; compared to its 52-week range of 37 to 88. Call put ratio 1 call to `1.12 puts as share price down 2.5%.

Upstart Holdings (UPST) 30-day option implied volatility is at 83; compared to its 52-week range of 62 to 136. Call put ratio 1.4 calls to 1 put as share price down 14.9%.

PG&E Corp. (PCG) 30-day option implied volatility is at 22; compared to its 52-week range of 14 to 28. Call put ratio 1 call to 2.2 puts on option volume of 28K contracts.

Gorilla Technology Group (GRRR) 30-day option implied volatility is at 164; compared to its 52-week range of 20 to 252 on 6K contracts as share price up 18%.

ADMA Biologics (ADMA) 30-day option implied volatility is at 65; compared to its 52-week range of 32 to 105. Call put ratio 1.6 calls to 1 put on active options volume of 16K contracts.

Core & Main, Inc (CNM) 30-day option implied volatility is at 65; compared to its 52-week range of 20 to 77 on active options volume of 16K contracts.

Super Micro Computer (SMCI) 30-day option implied volatility is at 120; compared to its 52-week range of 55 to 217. Call put ratio 2.1 calls to 1 put as share price up 29%.

Janux Therapeutics (JANX) 30-day option implied volatility is at 160; compared to its 52-week range of 67 to 201 into Efficacy and Safety Profile Observed in Phase 1a Dose Escalation for JANX007 in mCRPC. Call put ratio 1 call to 2.8 puts.

TransMedics Group (TMDX) 30-day option implied volatility is at 72; compared to its 52-week range of 47 to 120 into lower full year 2024 outlook.

Credo Technology Group Holding (CRDO) 30-day option implied volatility is at 42; compared to its 52-week range of 42 to 117 into quarterly results and guidance.

Straddle prices into quarter results

Salesforce (CRM) December 6 weekly 330 straddle priced for a move of 8%. Call put ratio 1 call to 1 put into the expected release of quarter results today after the bell.

Marvell Technology (MRVL) December 6 weekly 97 straddle priced for a move of 10% into the expected release of quarter results today after the bell on December 3. Call put ratio 1.9 calls to 1 put.

Synopsys (SNPS) December 570 straddle priced for a move of 8% into the expected release of quarter results after the bell on December 4.

Hormel (HRL) December 6 weekly 32 straddle priced for a move of 7% into the expected release of quarter results before the bell on December 4.

Dollar Tree (DLTR) December 6 weekly 73 straddle priced for a move of 14% into the expected release of quarter results before the bell on December 4.

Options with decreasing option implied volatility: MSTX MSTU BBIO MSTY AMGN BOIL LMND NNE ANF BBWI
Increasing unusual option volume: EWC KULR PL QUBT CHAU GPC CNM WIX
Increasing unusual call option volume: KULR PL CHAU WIX GPC RGTI NVCR KEY KODK
Increasing unusual put option volume: VRSN ACHR RCAT ADMA CRDO ZS ACMR PCG SYM
Popular stocks with increasing volume: INTC MSTR SOFI PLTR GME SQ RIVN AMC TSM
Active options: NVDA SMCI TSLA AAPL INTC MARA AMZN AMD META MSTR MSFT SOFI ACHR PLTR GME SQ RIVN GOOGL AMC TSM
Global S&P Futures mixed in premarket, Nikkei up 1.9%, DAX mixed, WTI Crude oil recently at $68.60, natural gas down 1%, gold at $2665