Pre-Market IV Report July 5, 2024

Pre-Market IV Report July 5, 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: SAVA ARDX HUMA RILY RBLX HLF W SOFI FSLY PINS LMND HL NET DASH NEP TEAM SBUX EXPE ETSY

Stocks expected to have increasing option volume: M PARA LL NIO CBOE

Macy’s (M) 30-day option implied volatility is at 42; compared to its 52-week range of 35 to 77 into investor group raises Macy’s bid to $24.80 per share, WSJ reports.

Straddle price into quarter results

Pepsico (PEP) July 162.50 weekly straddle priced for a move of 3% into the expected release of quarter results before the bell on July 11.

Movers

Confluent, Inc. (CFLT) 30-day option implied volatility is at 55; compared to its 52-week range of 35 to 289 with focus on +5700 contracts of August 35 calls trading at 60c, 85c, 90c.

Papa John’s (PZZA) 30-day option implied volatility is at 49; compared to its 52-week range of 27 to 81 with a focus on 4K contract spreader of October 52.50 and 57.50 calls.

Arhaus, Inc (ARHS) 30-day option implied volatility is at 53; compared to its 52-week range of 32 to 88 with a focus on 24K contracts of August 12 puts trading at 16c.

PENN Entertainment (PENN) 30-day option implied volatility is at 51; compared to its 52-week range of 37 to 75. Call put ratio 1 call to 2 put with focus on July 5 weekly, July 12 weekly and July 26 weekly puts.

Options with decreasing option implied volatility: MU CHWY ANVS LEVI RIVN NKE IP SPR BURL STZ HYG
Increasing unusual option volume: ACI INFN CERE CENX HRTX EWC SANA FIGS
Increasing unusual call option volume: CENX ACI FIGS ACHR CMG CRH
Increasing unusual put volume: SIRI TPX STZ LSXMK ZTO NKE ACHR
Popular stocks with increasing volume: NKE JPM SIRI NIO PARA RIVN GME MU BABA AVGO INTC