Pre-Market IV Report July 19, 2024

Pre-Market IV Report July 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: ABR NYCB BIL ONON SE IEP MNDY STNE FIVE TPR CSCO BSX WMT AGNC NLY ACAD IEP GTX AGEN HIMS WRBY ML EYE

Stocks expected to have increasing option volume: CRWD PANW NFLX ISRG WAL PPG MCB PLUG HE SMAR SGRY

CrowdStrike Holdings Inc. (CRWD) option implied volatility into share price lower before the bell

CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 39; compared to its 52-week range of 29 to 71 into reports of global outages.

Palo Alto Networks (PANW) 30-day option implied volatility is at 37; compared to its 52-week range of 25 to 56 as share price up before the bell.

Microsoft (MSFT) 30-day option implied volatility is at 28; compared to its 52-week range of 16 to 34.

Straddle price into quarter results

Verizon (VZ) July weekly 42 straddle priced for a move of 4% into the expected release of quarter results before the bell on July 22.

NXP Semiconductors (NXPI) July weekly 280 straddle priced for a move of 8% into the expected release of quarter results after the bell on July 22.

Truist Financial Corp. (TFC) July weekly 42.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on July 22.

Nucor (NUE) July weekly 165 straddle priced for a move of 7% into the expected release of quarter results after the bell on July 22.

SAP SE (SAP) August 200 straddle priced for a move of 7% into the expected release of quarter results after the bell on July 22.

Microsoft (MSFT) July weekly 440 straddle priced for a move of 3.5% into the expected release of quarter results after the bell on July 23.

Movers

Hawaiian Electric (HE) 30-day option implied volatility is at 103; compared to its 52-week range of 18 to 293 into Bloomberg report of Maui fire deal. Call put ratio 3 calls to1 put with focus on July 12.50 calls.

Plug Power (PLUG) 30-day option implied volatility is at 113; compared to its 52-week range of 57 to 153 into announcing the initiation of an underwritten public offering of $200,000,000 of its common stock. Call put ratio 3 calls to 1 with focus on July 3.5 calls.

Danaher (DHR) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 33 with a focus on July 240 and 245 puts.

CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 71. Call put ratio 1 call to 2.1 puts with focus on July 370, 380 and 390 puts as share price down.

Garrett Motion (GTX) 30-day option implied volatility is at 51; compared to its 52-week range of 22 to 46 with focus on August 10 calls.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 20; compared to its 52-week range of 16 to 27. A spreader sold 145K contracts of September 80 puts for 12c and simultaneously purchased 145K contracts of December 82 puts for $1.01.

Virtu Financial (VIRT) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 79. Call put ratio 4.2 calls to 1 put with a focus on July 27 calls as share price up.

Cemex S.A. (CX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 44 with a focus on spreader trading 4K contracts of March 6 and 8 puts.

KBR, Inc. (KBR) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 72 with spreader active in November 67.50, 70 and 80 calls.

Options with decreasing option implied volatility: UAL CPRI PGR SPR INFY UNH USB EMB
Increasing unusual option volume: INVZ PTEN EWH CMG AUR CX FIVE KBR DPZ
Increasing unusual call option volume: KBR VIRT AUR CMG KOPN AGEN ITB TRV DPZ
Increasing unusual put volume: PTEN CMG FIVE DPZ SPWR RF HUBS OSCR
Popular stocks with increasing volume: TSM INTC GME SIRI AVGO SOFI PFE MU F BAC
Active options: NVDA TSLA AAPL AMD AMZN PLTR TSM INTC META GME SIRI MSFT AVGO SOFI GOOGL MARA PFE MU F BAC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed to lower, WTI Crude oil recently at $82.70, natural gas mixed, gold at $2421