Pre-Market IV Report November 18, 2024

Pre-Market IV Report November 18, 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: SMCI MSTX MSTU BBIO BTDR GME MSTR MSOS TGTX MCHP NEP BE MP BNTX AI MRNA PSTG CAN GILD PEP GD XLV PFE CAN FDX EXEL TWLO NVO ADBE ORCL

Stocks expected to have increasing option volume: NVDA WMT LOW NVDA SAVE JBLU MRK AZN LLY GSK AMGN MRNA PFE

NVIDIA (NVDA) 30-day option implied volatility is at 59; compared to its 52-week range of 32 to 89 into quarter results.

GE HealthCare (GEHC) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 42. Call put ratio 1 call to 9.9 puts into Investor Day to be held in New York on November 21.

Delta Air Lines (DAL) 30-day option implied volatility is at 42; compared to its 52-week range of 28 to 47. Call put ratio 2.3 calls to 1 put into investor day on November 20.

Liberty Energy (LBRT) 30-day option implied volatility is at 40; compared to its 52-week range of 29 to 50. Call put ratio 1 call to 6.9 puts with focus on December 17 puts into CEO Chris Wright named Trump’s energy secretary.

Straddle prices into quarter results

Walmart (WMT) November weekly 84 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on November 19. Call put ratio 1.6 calls to 1 put.

Lowe’s (LOW) November weekly 270 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on November 19.

Medtronic (MDT) November weekly 87 straddle priced for a move of 4% into the expected release of quarter results before the bell on November 19.

Movers

Mirion Technologies (MIR) 30-day option implied volatility is at 59; compared to its 52-week range of 20 to 75 with focus on November and December 15 calls.

Ulta Beauty (ULTA) 30-day option implied volatility is at 45; compared to its 52-week range of 20 to 53. Call put ratio 1 call to 1.1 puts as share price down.

Easterly Government Properties (DEA) 30-day option implied volatility is at 54; compared to its 52-week range of 15 to 68 with a focus on 1200 contracts of March 12 puts.

Interpublic Group of Cos. (IPG) 30-day option implied volatility is at 23; compared to its 52-week range of 17 to 66 with a focus on 14K contracts of December 28 puts.

Host Hotels & Resorts (HST) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 72. Call put ratio 44.7 calls to 1 put with focus on April 20 calls.

International Game Tech (IGT) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 89. Call put ratio 4.5 calls to 1 put on 98K contracts, above its 90 day average of 251 contracts.

Compass Minerals (CMP) 30-day option implied volatility is at 74; compared to its 52-week range of 32 to 100 amid active December 30 calls.

CNH Industrial (CNH) 30-day option implied volatility is at 44; compared to its 52-week range of 19 to 80. Call put ratio 9.9 calls to 1 put with focus on December 12.50 calls.

Pyxis Oncology (PYXS) 30-day option implied volatility is at 267; compared to its 52-week range of 67 to 338 into investor event on November 20 to present preliminary PYX-201 data. Call put ratio 1.3 calls to 1 put.

Hims & Hers Health, Inc. (HIMS) 30-day option implied volatility is at 108; compared to its 52-week range of 40 to 137. Call put ratio 1.1 calls to 1 put amid wide price movement.

Options with decreasing option implied volatility: FCEL DJT GRPN ZI PGY DLO SOUN AAP SHOP SE BILI TIGR FYBR ONON SPOT TME
Increasing unusual option volume: IGT XND AVTR IPG JNPR SRRK PCOR TRU BE ROOT MVST
Increasing unusual call option volume: XND PCOR ROOT BE HBI CYH MNMD CMP MNMD EDR CMP CENX
Increasing unusual put option volume: BE AVTR OKLO KDP CAMT LEU ARCC IGV INSM CART IBRX BXMT
Popular stocks with increasing volume: PLTR SMCI PFE MSTR MSFT COIN BABA DIS RIVN SOFI BA
Active options: NVDA TSLA PLTR AMZN SMCI AMD AAPL META PFE MSTR MSFT COIN BABA DIS GME RIVN SOFI MARA GOOGL BA
Global S&P Futures mixed in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $67.60, natural gas up 2%, gold at $2596