Pre-Market IV Report June 17, 2024

Pre-Market IV Report June 17, 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: HPE EFA GRND CGC BBIO HROW MAX AUPH BITI EOLS CENX IONS IMTX CCL

Stocks expected to have increasing option volume: AAPL AVGO LEN KBH ADSK

Movement

Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 31 as share price up $212.

Broadcom (AVGO) 30-day option implied volatility is at 42; compared to its 52-week range of 25 to 59 as share price near record high.

Ishares Msci France Etf (EWQ) 30-day option implied volatility is at 22; compared to its 52-week range of 13 to 24. Call put ratio 3.8 calls to 1 put.

Autodesk (ADSK) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 41 as share price up before the bell.

CAVA Group (CAVA) 30-day option implied volatility is at 51; compared to its 52-week range of 47 to 92. Call put ratio 2.5 calls to 1 put as share price near record high.

Celsius Holdings Inc. (CELH) 30-day option implied volatility is at 58; compared to its 52-week range of 37 to 82. Call put ratio 2.1 calls to 1 put.

Unity Software Inc. (U) 30-day option implied volatility is at 55; compared to its 52-week range of 44 to 87.

Gilead Sciences (GILD) 30-day option implied volatility is at 23; compared to its 52-week range of 16 to 29. Call put ratio 3.6 calls to 1 put.

Cruise stocks option IV amid share price pullback

Carnival Corp. (CCL) 30-day option implied volatility is at 51; compared to its 52-week range of 36 to 70. Call put ratio 1.8 calls to 1 put.

Royal Caribbean (RCL) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 52.

Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 40; compared to its 52-week range of 34 to 64.

Viking Holdings (VIK) 30-day option implied volatility is at 39; compared to its 52-week range of 33 to 52. Call put ratio 1 call to 3.7 puts.

Straddle prices into quarter results

Lennar (LEN) June 155 straddle priced for a move of 6% into the expected release of quarter results after the bell on June 17.

KB Home (KBH) June 70 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on June 18.

Movement

Trip.com Group (TCOM) 30-day option implied volatility is at 31; compared to its 52-week range of 29 to 86 on active option volume of 6K contracts with focus on January 35 puts.

Vaxart (VXRT) 30-day option implied volatility is at 155; compared to its 52-week range of 20 to 177. Call put ratio 17.6 calls to 1 put.

Citizens Financial Group (CFG) 30-day option implied volatility is at 32; compared to its 52-week range of 23 to 95 with a focus on August 35 and 37.50 calls.

DexCom (DXCM) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 90 with a focus on June 115 puts and August 105 puts.

Grupo Financiero Galicia Sa (GGAL) 30-day option implied volatility is at 60; compared to its 52-week range of 51 to 111 with a focus on July 28 puts.

Ball Corporation (BALL) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 74 into investor day on June 18.

Options with decreasing option implied volatility: GME BNED NVAX RH ASO SIG ORCL ADBE ADSK
Increasing unusual option volume: TPX FFIE CORZ REI EMN NVD
Increasing unusual call option volume: REI NVD GRMN CENX TPX FFIE
Increasing unusual put option volume: APTV CORZ GGAL MAXN ASTS CHPT ALTM
Popular stocks with increasing volume: ADBE MU SHOP CCL AVGO
Active options: NVDA TSLA AAPL GME AMD AMZN ARM SOFI AMC SMCI NFLX META PLTR MARA ADBE MSFT MU SHOP CCL AVGO
Global S&P Futures mixed in premarket, Nikkei down 15%, DAX mixed, WTI Crude oil recently at $78.50, natural gas down 2%, gold at $2336