Pre-Market IV Report November 15, 2021

Pre-Market IV Report November 15, 2021

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: IPOF SNDL GGPI PSFE AGC BGFV EVGO HUT SFT NEGG SFIX

Stocks expected to have increasing option volume: F GM FSR LCID NIO NKLA RIDE WKHS TSLA LAZR AFRM

Option implied volatility for TSLA & DELL as shares near record high

Tesla (TSLA) November weekly call option implied volatility is at 65, November is at 61; compared to its 52-week range of 37 to 106. Call put ratio 1.1 call to 1 put.

Dell Computer (DELL) 30-day option implied volatility is at 35; compared to its 52-week range 21 to 47. Call put ratio 12 calls to 1 put as shares near record high.

VMware (VMW) 30-day option implied volatility is at 34; compared to its 52-week range 20 to 53. Call put ratio 1 call to 1.5 puts amid Dell spin.

Metal stocks option IV amid reports Biden administration to ease tariffs on Japanese steel, aluminum

ArcelorMittal (MT) 30-day option implied volatility is at 40; compared to its 52-week range of 38 to 77

Nucor (NUE) 30-day option implied volatility is at 42; compared to its 52-week range of 30 to 51

Steel Dynamics (STLD) 30-day option implied volatility is at 41; compared to its 52-week range of 36 to 50

TimkenSteel (TMST) 30-day option implied volatility is at 58; compared to its 52-week range of 58 to 155

U.S. Steel (X) 30-day option implied volatility is at 55; compared to its 52-week range of 52 to 108.

Option IV for stocks in aluminum space include

Alcoa (AA) 30-day option implied volatility is at 56; compared to its 52-week range 49 to 74.

Century Aluminum (CENX) 30-day option implied volatility is at 73; compared to its 52-week range 59 to 108

Kaiser Aluminum (KALU) 30-day option implied volatility is at 47; compared to its 52-week range of 39 to 58

Arconic (ARNC) 30-day option implied volatility is at 44; compared to its 52-week range of 35 to 66.

Tyson Foods (TSN) November call option implied volatility is at 49, December is at 34; compared to its 52-week range of 19 to 38 into expected release of quarter results today. Call put ratio 5.9 calls to 1 put with focus on November 86 and December 87.50 calls.

Straddle prices for stocks expected to report quarterly results

Advanced Auto Parts (AAP) November 240 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on November 15.

Walmart (WMT) November 148 straddle priced for a move of +/- 4% into the expected release of quarter results November 16.

iQIYI (IQ) November 9 straddle priced for a move of +/- 15% into the expected release of quarter results before the open on November 17.

Lowe’s (LOW) November 237 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on November 17.

NVIDIA (NVDA) November 305 straddle priced for a move of +/- 7% into the expected release of quarter results after the bell on November 17.

Target (TGT) November 260 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on November 17.

Options with decreasing option implied volatility: TTD SNAP PTON Z DWAC
Options with increasing option implied volatility: IPOF GGPI SNDL AGC GGPI BGFV EVGO HUT
Stocks expected to have increasing option volume: TSN IQ WMT AAP
Increasing unusual option volume: FEZ MQ WBX GGPI BMRA
Increasing unusual call option volume: MQ FPAC GGPI SSRM TRQ PWR
Increasing unusual put option volume: MQ GGPI EVGO WEN ZEV SNDL
Popular stocks with increasing volume: F PYPL DIS TLRY RBLX AAL GM
Active options: TSLA AAPL SNDL FB NVDA AMD F AMZN PYPL DIS NIO LCID TLRY RBLX MU PLTR AMC MSFT AAL GM
Global S&P Futures mixed, Nikkei up mixed, DAX mixed, WTI Crude oil recently at $80.48, natural gas down 1%, gold at $1861 an ounce