Pre-Market IV Report November 4, 2024

Pre-Market IV Report November 4, 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 SAVA ACB IEP ANF ACI JWN EQX DG K PARA CXDX VIR ALIT LEU ASPI MNKD ARRY

Stocks expected to have increasing option volume: NVDA INTC SHW DOW TBT TLT SPY QQQ RUT IWM MAR USO PLTR ZTS NXPI

Boeing (BA) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 48 into Union contract vote.

Option IV into Nvidia to replace Intel, Sherwin-Williams to replace Dow Inc. in DJIA

Nvidia Corp. (NVDA) 30-day option implied volatility is at 60; compared to its 52-week range of 32 to 89 into replacing Intel Corp. (INTC) in the Dow Jones Industrial Average.

Intel Corp. (INTC) 30-day option implied volatility is at 52; compared to its 52-week range of 28 to 77 into Nvidia Corp. (NVDA) replacing Intel in the Dow Jones Industrial Average.

Sherwin-Williams Co. (SHW) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 57 into replacing Dow Inc. (DOW) in the Dow Jones Industrial Average.

United States Oil Fund (USO) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 51 into OPEC+ delays plan to boost production-Reuters.

Straddle prices into quarter results

Palantir (PLTR) November 11 weekly 42 straddle priced for a move of 14% into the expected release of quarter results today after the bell.

Apollo Global (APO) November weekly 141 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on November 5.

Coupang (CPNG) November weekly 25.50 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on November 5.

Movers

Trump Media (DJT) 30-day option implied volatility is at 287; compared to its 52-week range of 73 to 768.

Ardelyx (ARDX) 30-day option implied volatility is at 80; compared to its 52-week range of 52 to 113. Call put ratio 16.1 calls to 1 put with focus on November 5 calls and January 9 calls as share price up.

ESSA Pharma Inc. (EPIX) 30-day option implied volatility is at 115; compared to its 52-week range of 91 to 178. Call put ratio 4.8 calls to 1 put with focus on March 2.5 and 5 puts as share price down.

HCA Holdings (HCA) 30-day option implied volatility is at 34; compared to its 52-week range of 8 to 63. Call put ratio 1 call to 4.4 puts with focus on November 325 puts.

Teradyne (TER) 30-day option implied volatility is at 40; compared to its 52-week range of 26 to 81 with a focus on November 105 and January 95 puts.

SharkNinja (SN) 30-day option implied volatility is at 47; compared to its 52-week range of 21 to 72.

iRobot Corp. (IRBT) 30-day option implied volatility is at 112; compared to its 52-week range of 56 to 233. Call put ratio 7.3 calls to 1 put.

Retail Opportunity (ROIC) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 61 into Blackstone (BX) in advanced talks to acquire, Reuters reports.

Options with decreasing option implied volatility: IBRX SNAP CFLT ROKU NXT PTON ENVX CVNA RBLX TEAM BHC
Increasing unusual option volume: WSC PAYO GSAT ICLN CP XRX
Increasing unusual call option volume: WSC ICLN GSAT CP WIX OHI DBRG TIGR TEAM
Increasing unusual put option volume: XRX TER ZTS AES EWW OKLO FSLY TIGR APTV
Popular stocks with increasing volume: INTC COIN PLTR BA SNAP CVNA
Active options: NVDA TSLA AMZN AAPL SMCI INTC AMD MSTR DJT MSFT META COIN GOOGL SOFI PLTR MARA BA SNAP CVNA F
Global S&P Futures mixed in premarket, Nikkei down, DAX mixed, WTI Crude oil recently at $71.40, natural gas down 1%, gold at $2753