Pre-Market IV Report July 9, 2024

Pre-Market IV Report July 9, 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: GRPN RILY RBLX AAOI FSLY PBI ARM UPST HLF PLTR TGTX APP BMBL SOFI LYFT LMND NET DASH PINS TOST EXPE CPRI SHOP ELF ANET TTD TWLO TEAM ETSY EXEL SQ WBD UBER GNRC PYPL FTNT AKAM

Stocks expected to have increasing option volume: SOFI MSFT NVDA GOOG AAPL NFLX

“The Magnificent Seven” option implied volatility into Jay Powell testimony and CPI

Microsoft (MSFT) 30-day option implied volatility is at 25; compared to its 52-week range of 16 to 35. Call put ratio 1.4 calls to 1 put.

Alphabet (GOOGL) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 39.

Meta Platforms (META) 30-day option implied volatility is at 48; compared to its 52-week range of 24 to 54.

NVIDIA (NVDA) 30-day option implied volatility is at 48; compared to its 52-week range of 32 to 68. Call put ratio 2 calls to 1 put with focus on July 130 and 134 calls.

Amazon (AMZN) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 49. Call put ratio 3.5 calls to 1 put with focus on July 12 weekly calls.

Apple (AAPL) 30-day option implied volatility is at 26; compared to its 52-week range of 16 to 31. Call put ratio 2.1 calls to 1 put as share price near upper end of range.

Tesla (TSLA) 30-day option implied volatility is at 69; compared to its 52-week range of 40 to 68. Call put ratio 1.9 calls to 1 put on active volume of 2.8M contracts.

Straddle price into quarter results

Pepsico (PEP) July 162.5 weekly straddle priced for a move of 2.5% into the expected release of quarter results before the bell on July 11.

Corning (GLW) 30-day option implied volatility is at 34; compared to its 52-week range of 13 to 39. Call put ratio 5.3 calls to 1 put with focus on July 37 calls as share price up.

SolarEdge Technologies (SEDG) 30-day option implied volatility is at 99; compared to its 52-week range of 41 to 105. Call put ratio 2.5 calls to 1 put with focus on July 12 weekly calls as share price up.

Intel (INTC) 30-day option implied volatility is at 49; compared to its 52-week range of 28 to 49. Call put ratio 4 calls to 1 put as share price up.

ServiceNow (NOW) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 45. Call put ratio 1.3 calls to 1 put on active volume of 18K contracts as share price down.

Intapp (INTA) 30-day option implied volatility is at 40; compared to its 52-week range of 32 to 70 as share price down.

Yum! Brands (YUM) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 29. Call put ratio 1 call to 4.3 puts with focus on August 125 and 130 puts.

Cedar Fair L.P. (FUN) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 77. Call put ratio 1 call to 2.9 puts with a focus on July 55 puts as share price pulls back 2.4%.

Zeta Global Holdings Corp. (ZETA) 30-day option implied volatility is at 52; compared to its 52-week range of 26 to 88. July 15 puts active on volume of 2400 contracts at 15c and 20c.

Axsome Therapeutics (AXSM) 30-day option implied volatility is at 40; compared to its 52-week range of 34 to 103. Call put ratio 25 calls to 1 put with focus on August 90, January 100 and January 125 calls.

Options with decreasing option implied volatility: XP CHWY SPR WEAT PARA EFA
Increasing unusual option volume: POET SGH CMG HELE EWH NEGG GLW XPOF IBB OWL
Increasing unusual call option volume: CMG POET XME OWL ANVS GLW OLLI BMO RY
Increasing unusual put volume: ITB IBB CMG CORZ BTBT GLW ACHR APLD
Popular stocks with increasing volume: INTC NKE AMC RIVN SMCI SIRI CMG TSM BA MU
Active options: NVDA TSLA AAPL AMD PLTR AMZN INTC META NKE AMC RIVN SMCI SIRI MARA GME CMG TSM BA MSFT MU
Global S&P Futures mixed in premarket, Nikkei up 1.9%, DAX mixed, WTI Crude oil recently at $82, natural gas mixed, gold at $2370