Pre-Market IV Report June 28, 2024

Pre-Market IV Report June 28, 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: CHWY ZI SNAP IRBT XP CPRI ROKU SPOT ALGN META IBM

Stocks expected to have increasing option volume: NKE DECK SKX UAA ONON CONN LULU CHWY WOOF INFN NOK

Option IV into PCE Core and end of month

Amazon (AMZN) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 49 as share price up. Call put ratio 3.2 calls to 1 put with a focus on trades of 86K contracts of September 175 calls and 127K contracts of 190 calls.

Nike (NKE) option IV as share price below $81 before the bell

Nike (NKE) June weekly call option implied volatility is at 200, July is at 78; compared to its 52-week range of 19 to 42 into the expected release of quarter results today after the bell. Call put ratio 1.2 call to 1 put.

Deckers Brands (DECK) 30-day option implied volatility is at 32; compared to its 52-week range of 21 to 55 into Nike (NKE) quarter results in China.

Skechers USA (SKX) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 74.

On Holding AG (ONON) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 72 into Nike (NKE) quarter results. Call put ratio 1 call to 1.5 puts on 20K contracts.

Under Armour Inc (UAA) 30-day option implied volatility is at 29; compared to its 52-week range of 24 to 63. Call put ratio 2 calls to 1 put with focus on July 7 calls.

lululemon athletica (LULU) 30-day option implied volatility is at 27; compared to its 52-week range of 21 to 56 into Nike (NKE) results.

Movement

Infinera (INFN) 30-day option implied volatility is at 61; compared to its 52-week range of 41 to 140 into Nokia (NOK) to acquire Infinera at $6.65 per share. Call put ratio 4.7 calls to 1 put with focus on July 5 and 6 calls.

Nokia (NOK) 30-day option implied volatility is at 36; compared to its 52-week range of 19 to 55 into acquiring (INFN) at $6.65 per share.

Shopify (SHOP) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 73. Call put ratio 14.6 calls to 1 put on 164K contracts with a focus on July 70 calls.

Hims & Hers Health, Inc. (HIMS) 30-day option implied volatility is at 83; compared to its 52-week range of 39 to 114. Call put ratio 1.2 call to 1 put amid active option volume of 118K contracts.

Apogee Enterprises (APOG) 30-day option implied volatility is at 25; compared to its 52-week range of 83. Call put ratio 2.5 calls to 1 put with focus on July 65 calls as share price up.

Concentrix Corporation (CNXC) 30-day option implied volatility is at 44; compared to its 52-week range of 28 to 95. July 60 calls and puts active as share price up 12%.

SM Energy (SM) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 85. Call put ratio 1 call to 2.8 puts with a focus on July 40 and 42.50 puts as share price down.

Juniper Networks (JNPR) 30-day option implied volatility is at 17; compared to its 52-week range of 6 to 77 with a focus on July 36 and September 36 calls.

Ishares U.s. Technology Etf (IYW) 30-day option implied volatility is at 17; compared to its 52-week range of 15 to 64 with a focus on September 134 puts.

Chewy (CHWY) call put ratio 2.3 calls to 1 put with active volume of 339K contracts.

Options with decreasing option implied volatility: ANVS SRPT MU KMX FDX SPR LEVI CCL IP SLV
Increasing unusual option volume: TH FFIE ELAN CMG LOGC WOOF LEVI
Increasing unusual call option volume: ELAN WOOF LOGC FFIE LEVI
Increasing unusual put volume: CMG NKLA MAXN ALNY WBA ZTO
Popular stocks with increasing volume: RIVN GME PLTR WBA CMG SMCI NKE CRM
Active options: NVDA AMZN TSLA MU AAPL RIVN GME PLTR META AMD WBA CMG CHWY NKLA SMCI NKE FFIE MSFT CRM GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $82.50, natural gas mixed, gold at $2339