Pre-Market IV Report July 3, 2024

Pre-Market IV Report July 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: NKLA SAVA ARDX HLF W FSLY SOFI PINS TDOC LMND

Stocks expected to have increasing option volume: LLY NOV PARA STZ

Option IV for content providers into Skydance in pact to buy National Amusements, merge with Paramount (PARA), WSJ says

Paramount Global (PARA) 30-day option implied volatility is at 48; compared to its 52-week range of 40 to 87 into Skydance in pact to buy National Amusements, merge with Paramount, WSJ says.

Warner Bros. Discovery (WBD) 30-day option implied volatility is at 42; compared to its 52-week range of 36 to 65 into Skydance in pact to buy National Amusements, merge with Paramount (PARA), WSJ says.

Walt Disney (DIS) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 38. Call put ratio 3.6 calls to 1 put with focus on July calls.

Comcast (CMCSA) 30-day option implied volatility is at 28; compared to its 52-week range of 17 to 31.

Netflix (NFLX) 30-day option implied volatility is at 44; compared to its 52-week range of 24 to 51.

Sony (SONY) 30-day option implied volatility is at 21; compared to its 52-week range of 17 to 37 into Skydance in pact to buy National Amusements, merge with Paramount (PARA), WSJ says.

Pharma stocks option IV after Biden demands Novo Nordisk, Lilly lower GLP-1 drug prices in USAToday editorial into 2024 elections

Novo Nordisk (NVO) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 44. Call put ratio 2.1 calls to 1 put with focus on September 175 calls after Biden demands Novo Nordisk, Lilly lower GLP-1 drug prices in USAToday editorial into 2024 elections.

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 25; compared to its 52-week range of 19 to 39. Call put ratio 1.4 calls to 1 put after Biden demands Novo Nordisk, Lilly lower GLP-1 drug prices in USAToday editorial into 2024 elections.

Merck (MRK) 30-day option implied volatility is at 20; compared to its 52-week range of 14 to 26.

Pfizer (PFE) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 34.

Amgen (AMGN) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 32.

Gilead Sciences (GILD) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 29.

AbbVie (ABBV) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 29.

Moderna (MRNA) 30-day option implied volatility is at 54; compared to its 52-week range of 40 to 66.

Johnson & Johnson (JNJ) 30-day option implied volatility is at 54; compared to its 52-week range of 40 to 66.

Spdr S&P Pharmaceuticals Etf (XPH) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 23.

Straddle price into quarter results

Constellation Brands (STZ) July 260 weekly straddle priced for a move of 4.5% into expected release of quarter results before the bell on July 3. Options active on 9K contracts with focus on July 5 weekly 250 and 260 puts.

Options with decreasing option implied volatility: DJT CHWY SDOW MU FDX LEVI SPR WBA
Increasing unusual option volume: ACI ABEV HRTX TPX MTUM CENX
Increasing unusual call option volume: CENX ACI ANVS CMG EBS REAL
Increasing unusual put volume: TPX MTUM CORZ STZ SIRI CWH ANVS
Popular stocks with increasing volume: NKE RIVN SMCI INTC CHWY MU SOFI SIRI PYPL
Active options: TSLA NVDA AAPL AMZN AMD PLTR MARA NKE RIVN AMC GME META MSFT SMCI INTC CHWY MU SOFI SIRI PYPL
Global S&P Futures mixed to higher in premarket, Nikkei up 1.2%, DAX mixed, WTI Crude oil recently at $83, natural gas mixed, gold at $2355