Pre-Market IV Report December 9, 2024

Pre-Market IV Report December 9, 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 U LAZR UNH HSY LAZR NNOX LUNR BTDR RUM SERV MNDK PLCE NVAX

Stocks expected to have increasing option volume: ORCL BHP AI TOL APO WDAY SLG QRVO PZZA M

Straddle prices into quarter results

Oracle (ORCL) December 13 weekly 190 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.

Autozone (AZO) December 3000 straddle priced for a move of 7% into the expected release of quarter results before the bell on December 10.

Movers

Macy’s (M) 30-day option implied volatility is at 56; compared to its 52-week range of 34 to 68. Call put ratio 4.7 calls to 1 put with focus on January 18 and 20 calls into quarter results.

Papa John’s (PZZA) 30-day option implied volatility is at 43; compared to its 52-week range of 28 to 81 into hosting analyst and investor meeting on December 12.

Apollo Global Management (APO) 30-day option implied volatility is at 43; compared to its 52-week range of 28 to 81 into replacing Qorvo (QRVO) in S&P 500 at open on 12/23.

Workday (WDAY) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 55 into replace Amentum (AMTM) in S&P 500 at open on 12/23.

SL Green Realty (SLG) 30-day option implied volatility is at 36; compared to its 52-week range of 34 to 98 into hosting an investor day today.

Omnicom Group (OMC) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 69 is in advanced talks to acquire Interpublic Group (IPG) reports WSJ. Call put ratio 20 calls to 1 put.

Interpublic Group of Cos. (IPG) 30-day option implied volatility is at 24; compared to its 52-week range of 16 to 66 into Omnicom Group (OMC) in advanced talks to acquire Interpublic Group, reports WSJ. Call put ratio 27 calls to 1 put.

Movement

PSQ Holdings (PSQH) 30-day option implied volatility is at 171; compared to its 52-week range of 54 to 286. Call put ratio 2.4 calls to 1 put with focus on December 5 calls and puts.

Rumble (RUM) 30-day option implied volatility is at 125; compared to its 52-week range of 49 to 158. Call put ratio 6.9 calls to 1 put with focus on short duration options.

AMC Entertainment (AMC) 30-day option implied volatility is at 74; compared to its 52-week range of 54 to 369 on active option volume December 13 weekly 4.5 and 5 calls.

Lamb Weston (LW) 30-day option implied volatility is at 40; compared to its 52-week range of 17 to 73 on 7K contracts of January 67.50 puts.

Veracyte (VCYT) 30-day option implied volatility is at 66; compared to its 52-week range of 44 to 113 on spreader of 1K contracts of December and January 50 calls.

Lazard Ltd. (LAZ) 30-day option implied volatility is at 29; compared to its 52-week range of 21 to 67 on 3K contracts of December 60 calls.

Smith & Wesson Brands (SWBI) 30-day option implied volatility is at 35; compared to its 52-week range of 19 to 80 on active option volume of 15K contracts.

Ishares Msci South Korea Capped Etf (EWY) 30-day option implied volatility is at 27; compared to its 52-week range of 18 to 66. Call put ratio 1 call to 1.7 puts.

Ishares Msci France Etf (EWQ) 30-day option implied volatility is at 24; compared to its 52-week range of 13 to 34. Call put ratio 1 call to 9.8 puts.

Options with decreasing option implied volatility: DLTR CRDO IOT FL OKTA GTLB PSTG MSTR DG
Increasing unusual option volume: QUBT ASAN CME RGTI NNOS TSEM QBTS
Increasing unusual call option volume: CME QUBT ASAN SPG RGTI NNOX QBTS BBAI PL HIMX
Increasing unusual put option volume: TKO QBTS ASAN AVTR GTLB HES AUR WOOF CAH BBAI
Popular stocks with increasing volume: SMCI MSTR RIVN COIN SOFI INTC AVGO
Active options: NVDA TSLA PLTR AMZN SMCI META AAPL MSTR SOUN MARA AMD RIVN COIN SOFI MSFT INTC AVGO AMC GME RIOT
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $68, natural gas up 5%, gold at $2677