Pre-Market IV Report June 26, 2024

Pre-Market IV Report June 26, 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: DJT CHWY SNAP SDOW ZI ALGN ROKU META SPOT IBM CMG WEAT GOOG GOOGL EMB T KMB GME WEAT CSTM NVGS MAT ERIC DNUT

Stocks expected to have increasing option volume: NKE FDX MU WBA LEVI WOR PRGS GIS PAYX DAKT RIVN F GM RACE NIO LCID XPEV LI

Vehicle option IV into Rivian Automotive (RIVN) rally in after the bell amid Volkswagen Group will invest an initial $1B in Rivian

Rivian Automotive (RIVN) 30-day option implied volatility is at 79; compared to its 52-week range of 57 to 106 into Volkswagen Group will invest an initial $1B in Rivian, with up to $4B in planned additional investment. Call put ratio 2.2 calls to 1 put.

General Motors (GM) 30-day option implied volatility is at 29; compared to its 52-week range of 21 to 44.

Ford Motor (F) 30-day option implied volatility is at 29; compared to its 52-week range of 24 to 42.

Lucid Group (LCID) 30-day option implied volatility is at 59; compared to its 52-week range of 52 to 141.

Stellantis (STLA) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 252.

Ferrari N.V (RACE) 30-day option implied volatility is at 23; compared to its 52-week range of 17 to 33.

NIO Inc. (NIO) 30-day option implied volatility is at 61; compared to its 52-week range of 56 to 101.

Li Auto Inc. (LI) 30-day option implied volatility is at 53; compared to its 52-week range of 46 to 71. Call put ratio 2.9 calls to 1 put.

XPeng Inc. (XPEV) 30-day option implied volatility is at 65; compared to its 52-week range of 61 to 98. Call put ratio 2.3 calls to 1 put.

Kandi Technologies Group (KNDI) 30-day option implied volatility is at 66; compared to its 52-week range of 46 to 74.

Niu Technologies (NIU) 30-day option implied volatility is at 50; compared to its 52-week range of 35 to 84.

Nikola (NKLA) 30-day option implied volatility is at 39; compared to its 52-week range of 39 to 259. Call put ratio 1 call to 7.7 puts.

Lucid Group (LCID) 30-day option implied volatility is at 59; compared to its 52-week range of 52 to 141.

Straddle prices into quarter results

Micron (MU) June weekly 141 straddle priced for a move of 13% into the expected release of quarter results today after the bell with a focus on July and August 140 calls.

Levi (LEVI) July 23 straddle priced for a move of 10% into the expected release of quarter results today.

National Beverage (FIZZ) July 45 straddle priced for a move of 11% into the expected release of quarter results today.  

BlackBerry (BB) June weekly 2.5 straddle priced for a move of 14.5% into the expected release of quarter results today after the bell.

Nike (NKE) June weekly 95 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on June 27.

McCormick Company (MKC) July 70 straddle priced for a move of 7% into the expected release of quarter results before the bell on June 27.

Walgreens Boots Alliance (WBA) June weekly 15.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on June 27.

Movers

ZoomInfo Technologies Inc. (ZI) 30-day option implied volatility is at 57; compared to its 52-week range of 29 to 90. Call put ratio 26.8 calls to 1 put with a focus on August 15, 16 and 19 calls as share price up.

TD SYNNEX Corp. (SNX) 30-day option implied volatility is at 21; compared to its 52-week range of 9 to 79. Options active on 2600 contract with a focus on July 100 puts and July 120 calls as share price down.

Frontier Communications (FYBR) 30-day option implied volatility is at 40; compared to its 52-week range of 36 to 103 with a focus on 3000 contracts of January 20 puts trading.

Algonquin Power & Utilities Corp. (AQN) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 51 with a focus 4,500 contracts of October 7.5 calls trading.

Warner Music Group Corp. (WMG) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 76 with focus on 15,500 contracts of August 27 puts trading at 30 and 35 cents.

Planet Fitness (PLNT) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 88. Call put ratio 15.6 calls to 1 put with focus on July 75 and 80 calls.

Options with decreasing option implied volatility: SRPT ANVS NKLA ASTS KMX MBLY BITI ACN HPE LEN SPR KR CCL
Increasing unusual option volume: PTEN BMBL FFIE LRN SNY ABEV ITB ZI
Increasing unusual call option volume: ZI SNY IR XLC BYD ALNY IONS FTAI
Increasing unusual put option volume: PTEN BMBL NXE FYBR BIG ALNY FND OCGN
Popular stocks with increasing volume: CHWY RIVN MU GOOG DJT PLTR WMT CVNA
Active options: NVDA TSLA AAPL AMD CCL AMZN GOOGL META GME CHWY ENVX RIVN MU MARA GOOG DJT PLTR WMT AVGO CVNA
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX up 0.7%, WTI Crude oil recently at $81, natural gas mixed, gold at $2328