Pre-Market IV Report October 10, 2024

Pre-Market IV Report October 10, 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: GEO DJT VKTX UPST GRPN RUN AFRM FTNT APP EXEL EXPE ELF PLTR TTD TOST AKAM SQ TAN SHOP

Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC ETWO

AMD (AMD) 30-day option implied volatility is at 56; compared to its 52-week range of 34 to 64 into Advancing AI 2024, an in-person and livestreamed event today. Call put ratio 2 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 68; compared to its 52-week range of 40 to 76. Call put ratio 1.6 calls to 1 put into RoboTaxi meeting on October 10.

Option

Straddle prices into quarter results and end of quarter

Delta Air Lines (DAL) October 11 weekly 51 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell.

Domino’s Pizza (DPZ) October 11 weekly 412.50 straddle priced for a move of 7% into the expected release of quarter results today before the bell.

J P Morgan (JPM) October 11 weekly 215 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 11.

Wells Fargo (WFC) October 11 weekly 58 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 11. Call put ratio 1 call to 2 puts.

Progressive (PGR) October 250 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 11.

BlackRock (BLK) October 11 weekly 955 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 11.

Bank of New York (BK) October 75 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 11. Call put ratio 2.2 calls to 1 put.

Fastenal (FAST) October 70 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on October 11. Call put ratio 1 call to 2.8 puts.

Movers

Carnival Corp. (CCL) 30-day option implied volatility is at 46; compared to its 52-week range of 36 to 60 with a spreader of 25900 contracts of January 10 puts and 15600 contracts of April 13 puts as share price near at three-year high.

Nutrien (NTR) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 42. Call put ratio 18.4 calls to 1 put with focus on November 1 weekly 55 calls.

Corning (GLW) 30-day option implied volatility is at 36; compared to its 52-week range of 14 to 35. Call put ratio 5.3 calls to 1 put with focus on November 49 calls as share price up 4.4%.

Aurora (AUR) 30-day option implied volatility is at 106; compared to its 52-week range of 61 to 124 with a focus on spreaders of November 15 weekly 4.5 puts and November 15 weekly 6 calls as share price down 2%.

Papa John’s (PZZA) 30-day option implied volatility is at 55; compared to its 52-week range of 28 to 81 with a focus on 7200 contracts of October 45 puts.

Options with decreasing option implied volatility: MAXN BILI JOBY BEKE K PEP
Increasing unusual option volume: TIGR ASHR WW FULC ROIV ALTM YANG NCNO EDR AUR
Increasing unusual call option volume: ASHR TIGR FULC WW ALTM ZTO ROIV YANG APLT
Increasing unusual put option volume: ASHR AUR ALTM ICLN YANG JETS LAZR CPRT
Popular stocks with increasing volume: PFE CCL BABA AAL MSTR NIO HOOD SOFI PDD
Active options: NVDA TSLA PLTR SMCI AAPL AMD AMZN GOOGL PFE CCL BABA META AAL MSTR NIO MSFT MPW HOOD SOFI PDD
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $74.30, natural gas mixed, gold at $2635