Pre-Market IV Report November 21, 2024

Pre-Market IV Report November 21, 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: BBIO MSTR X LMND LABD BE QS APP FDX NVO NKE TEVA CCL ACN K CAG MSTU MARA KD MMS ELF SNOW NVDA GAP HLF WAY APP BROS TRIP ET NLY ABR

Stocks expected to have increasing option volume: NVDA DELL SMCI ROSS DE SNOW INTU PANW CPRT NTAP BIDU GAP IQ BJ PDD HIMS JACK IQ GIS K CAG MDLZ CPB HSY GOOG GOOGL

Option IV into NVIDIA (NVDA) results.

NVIDIA (NVDA) November weekly call option implied volatility is at 149, December is at 58; compared to its 52-week range of 32 to 89. Call put ratio 1.4 calls to 1 put.

Super Micro Computer (SMCI) 30-day option implied volatility is at 148; compared to its 52-week range of 54 to 217. Call put ratio 1.6 calls to 1 put.

Dell Technologies (DELL) 30-day option implied volatility is at 63; compared to its 52-week range of 23 to 80. Call put ratio 1.3 calls to 1 put.

AMD (AMD) 30-day option implied volatility is at 41; compared to its 52-week range of 34 to 64. Call put ratio 1.8 calls to 1 put.

Intel (INTC) 30-day option implied volatility is at 49; compared to its 52-week range of 28 to 77. Call put ratio 3 calls to 1 put amid price movement.

Micron Technology (MU) 30-day option implied volatility is at 55; compared to its 52-week range of 27 to 73. Call put ratio 1.3 call to 1 put.

Qualcomm (QCOM) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 53 amid active options volume of 128K contracts compared to its 90 day average of 40K contracts.

Alphabet (GOOG) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 39. Call put ratio 1.2 calls to 1 put amid Chrome DOJ headlines

Microstrategy, Inc. (MSTR) option IV amid large rally

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 179; compared to its 52-week range of 59 to 178. Call put ratio 1.6 calls to 1 put into Bitcoin above $97K.

Coinbase (COIN) 30-day option implied volatility is at 94; compared to its 52-week range of 61 to 103. Call put ratio 2.2 calls to 1 put into Bitcoin above $97K.

iShares Bitcoin Trust (IBIT) 30-day option implied volatility is at 63; compared to its 52-week range of 20 to 61. Call put ratio 3.3 calls to 1 put with focus on January 55 calls.

Straddle prices into quarter results

Intuit (INTU) November 22 weekly 650 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

Deere (DE) November 22 weekly 400 straddle priced for a move of 5% into the expected release of quarter results today.

Ross Stores (ROST) November 22 weekly 139 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Copart (CPRT) December 55 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

NetApp (NTAP) November 22 weekly 125 straddle priced for a move of 9.5% the expected release of quarter results today after the bell.

Gap (GAP) November 22 weekly 20.50 straddle priced for a move of 13% into the expected release of quarter results today after the bell.

Movers

Red Cat Holdings Inc. (RCAT) 30-day option implied volatility is at 161; compared to its 52-week range of 79 to 252. Call put ratio 1.8 calls to 1 put as share price up.

MetLife (MET) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 31. Call put ratio 17.8 calls to 1 put with focus on February 87.50, 90, 92.50 and 95 calls.

CNH Industrial (CNH) 30-day option implied volatility is at 17; compared to its 52-week range of 17 to 80. Call put ratio 1 call to 5 puts with focus on 4800 contracts of December 12.50 puts trading.

Paychex (PAYX) 30-day option implied volatility is at 23; compared to its 52-week range of 14 to 67 with a focus on 4K contracts of December 140 puts trading at $3.20.

International Paper Company (IP) 30-day option implied volatility is at 21; compared to its 52-week range of 20 to 42. Call put ratio 5.1 calls to 1 put with focus on November 22 weekly 62 calls as share price up 2.3%.

Packaging Corp. (PKG) 30-day option implied volatility is at 18; compared to its 52-week range of 15 to 65 as share price up 1.3%.

Smurfit Westrock (SW) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 41. Call put ratio 1.4 calls to 1 put as share price up 3.2%.

Hims & Hers Health, Inc. (HIMS) 30-day option implied volatility is at 122; compared to its 52-week range of 40 to 136. Call put ratio 1 call to 1.5 puts on active option volume of 101K contracts compared to 90 day average of 23K contracts.

Options with decreasing option implied volatility: DLO LUNR ASTS CAPR AAP ALT SYM NN ZIM NTLA BILI GRPN ACI TLN DIS JD FUTU GENI TGT BABA WMT AMAT BEN TJX MDT
Increasing unusual option volume: MSTZ EWC MSTY VRDN MCRB CRK CYTK WIX KEYS TKO JNPR
Increasing unusual call option volume: MSTY MSTZ CYTK WSM MCRB CRK WIX PCOR NWL GLBE
Increasing unusual put option volume: TKO AES TGT IBRX LMND TRIP PAYX PSEC WSM MTUM ACHR
Popular stocks with increasing volume: TGT PLTR NIO GME COIN SOFI HOOD NFLX U INTC
Active options: NVDA TSLA MSTR MARA AAPL SMCI TGT PLTR AMZN NIO GME COIN SOFI HOOD MSFT AMD META NFLX U INTC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $69.59, natural gas up 4.9%, gold at $2668