Pre-Market IV Report January 23, 2025

Pre-Market IV Report January 23, 2025

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: AKAM CVNA HIMX MELI BKNG WMT AAOI LTBR SOC TSSI PDYN SDGR BYON GRAL SLNO CRSP NTLA RXRX TAL PEN EIX INMB LEGN ARM GILT CIEN INVH CNP WES AMT ELV KSS BKNG

Stocks expected to have increasing option volume: GE AMSC UNP ELV MKC AAL ALK VLY KMI DFS STLD AA CCI DFS SLG EA ASTS EVTL STLD SLG

Eli Lilly & Co. (LLY) option implied volatility flat

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 35; compared to its 52-week range of 23 to 55. Call put ratio 2.1 calls to 1 put.

Novo Nordisk (NVO) 30-day option implied volatility is at 42; compared to its 52-week range of 23 to 59. Call put ratio 2.5 calls to 1 put.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 84; compared to its 52-week range of 70 to 234. Call put ratio 6.3 calls to 1 put with a focus on January 24 weekly calls.

Gamers and entertainment option IV into Electronic Arts (EA) results

Electronic Arts (EA) 30-day option implied volatility is at 29; compared to its 52-week range of 15 to 32. Call put ratio 1 call to 1.1 puts into share price down before the bell on guidance cut.

Take-Two Interactive Software (TTWO) 30-day option implied volatility is at 39; compared to its 52-week range of 20 to 51. Call put ratio 13 calls to 1 put with a focus on July 31 weekly 190 calls into Electronic Arts (EA) share price down before the bell on guidance cut.

Unity Software Inc. (U) 30-day option implied volatility is at 73; compared to its 52-week range of 44 to 123. Call put ratio 2.9 calls to 1 put with a focus on January 31 weekly calls into Electronic Arts (EA) share price down before the bell on guidance cut.

Microsoft (MSFT) 30-day option implied volatility is at 25; compared to its 52-week range of 16 to 35. Call put ratio 2.1 calls to 1 put.

Straddle prices into quarter results

American Express (AXP) January 24 weekly 322.50 straddle priced for movement of 4.5% into the expected release of quarter results before the bell on January 24. Call put ratio 3 calls to 1 put.

Verizon (VZ) January 24 weekly 39 straddle priced for movement of 4% into the expected release of quarter results before the bell on January 24.

NextEra Energy (NEE) January 24 weekly 69 straddle priced for movement of 5% into the expected release of quarter results before the bell on January 24.

Movers

Amprius Technologies (AMPX) 30-day option implied volatility is at 152; compared to its 52-week range of 81 to 186. Call put ratio 26 calls to 1 put on 26K contracts with a focus on February 4 calls as share price up 3.6%.

Himax Technologies (HIMX) 30-day option implied volatility is at 77; compared to its 52-week range of 27 to 96. Call put ratio 15.1 calls to 1 put with a focus on February 11 and 12 calls as share price up 4.5%.

Travere Therapeutics (TVTX) 30-day option implied volatility is at 70; compared to its 52-week range of 50 to 159. Call put ratio 2.7 calls to 1 put with a focus on March 20 and 30 calls.

Williams Cos. (WMB) 30-day option implied volatility is at 27; compared to its 52-week range of 14 to 34 on 18K contracts compared to 90 day average of 2K contracts.

Coupang (CPNG) 30-day option implied volatility is at 30; compared to its 52-week range of 28 to 63. Call put ratio 1 call to 2.2 puts with a focus on February 23 puts.

CRISPR Therapeutics (CRSP) 30-day option implied volatility is at 66; compared to its 52-week range of 46 to 82. Call put ratio 12.5 calls to 1 put with a focus on February 45 and 60 calls as share price up 6.1%.

Wendy’s (WEN) 30-day option implied volatility is at 31; compared to its 52-week range of 17 to 72. Call put ratio 2.8 calls to 1 put with focus on March 15 and 16 calls.

Options with decreasing option implied volatility: PLCE GRRR RGTI DJT MNKD APLD PCT GME DPST PCG NFLX
Increasing unusual option volume: AMLP EIX IGT REKR EDU VNET ABSI REI HIMX XP BANC SANA
Increasing unusual call option volume: IGT ABSI REI HIMX VNET BANC KOPN AVPT INVZ VERU CX
Increasing unusual put option volume: TAL XP CHD MLCO EXC PCG GH RGTI WMB ICE TEM IYR
Popular stocks with increasing volume: PLTR ORCL SOFI SMCI MSTR ARM AAL AVGO INTC AI TSM MRNA
Active options: NVDA TSLA AAPL AMZN PLTR AMD NFLX MSFT META ORCL SOFI SMCI MSTR ARM AAL AVGO INTC AI TSM MRNA
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $75.40, natural gas mixed, gold at $2749