Pre-Market IV Report July 25, 2024

Pre-Market IV Report July 25, 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: JMIA BHC BITI EL CRWD IEP SNOW IEP JWN TGT ROST CPRI TJX EMB

Stocks expected to have increasing option volume: ABBV TRU HAS KDP LUV WH IBM CMG NOW LVS KLAC AAL EBAY OTIS F VKTX HON RCL LMT NOC RTX DECK WBD LUV NOW

Chip stock option IV movement

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 37. Call put ratio 1.4 calls to 1 put with focus on 3K contracts of January 100 puts purchased for $1.10.

Straddle price into quarter results

American Airlines (AAL) July weekly 10 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

Southwest Airlines (LUV) July weekly 26.50 straddle priced for a move of 7% into the expected release of quarter results today before the bell.

Live Nation (LYV) July 26 weekly 92.50 straddle priced for a move of 9.5% into the expected release of quarter results today.

Skechers (SKX) August 65 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Colgate (CL) July 26 weekly 97 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on July 26.

Bristol-Myers (BMY) July 26 weekly 44.5 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on July 26.

3M (MMM) July 26 weekly 103 straddle priced for a move of 5.5% the expected release of quarter results before the bell on July 26.

Charter (CHTR) July 26 weekly 312 straddle priced for a move of 9.5% into the expected release of quarter results before the bell on July 26.

Movers

UWM Holdings Corporation (UWMC) 30-day option implied volatility is at 50; compared to its 52-week range of 30 to 65. Call put ratio 37 calls to 1 put with focus on August 7, August 8 calls, February 8 calls.

Enphase Energy (ENPH) 30-day option implied volatility is at 61; compared to its 52-week range of 42 to 86. Call put ratio 1.3 calls to 1 put with focus on July 26 weekly calls and puts as share price up 13%.

Old Republic (ORI) 30-day option implied volatility is at 23; compared to its 52-week range of 10 to 24 with a focus on August 25 and 30 puts.

Lamb Weston (LW) 30-day option implied volatility is at 38; compared to its 52-week range of 17 to 74. Call put ratio 1 call to 1.5 puts with focus on September 55 puts as share price down 27%.

Coupang (CPNG) 30-day option implied volatility is at 49; compared to its 52-week range of 27 to 55 with a focus on October 25 calls.

Options with decreasing option implied volatility: GME SPOT NFLX ENPH VRT UAL THC STX APH
Increasing unusual option volume: HA ALGM ACI RJF CMG ZBH
Increasing unusual call option volume: ACI CMG SGMO UWMC PAGP ZBH
Increasing unusual put volume: AVTR BHC ZBH CMG LW APLD TELL AES
Popular stocks with increasing volume: SIRI TSM AVGO AAL CMG F CRWD INTC GME
Active options: NVDA TSLA AAPL AMD GOOGL AMZN PLTR SIRI TSM GOOG META MSFT AVGO AAL CMG F CRWD MARA INTC GME
Global S&P Futures mixed in premarket, Nikkei down 3%, DAX down 1%, WTI Crude oil recently at $77, natural gas mixed, gold at $2375