Pre-Market IV Report October 16, 2024

Pre-Market IV Report October 16, 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: RUM AAP ZI SE MNDY SPOT CSCO DIS

Stocks expected to have increasing option volume: UAL JBHT ABT MS USB SYF CFG DJT WOLF TEM ASML INTC QCOM UNH

Straddle prices into quarter results

Morgan Stanley (MS) October 112 straddle priced for a move of 4% the expected release of quarter results today before the bell.

Alcoa (AA) October 41 straddle priced for a move of 7% into the expected release of quarter results after the bell on October 16.

SL Green (SLG) October 70 straddle priced for a move of 7% into the expected release of quarter results after the bell on October 16.

Taiwan Semiconductor (TSM) October 187.50 straddle priced for a move of 6% into the expected of quarter results release before the bell on October 17.

Netflix (NFLX) October 705 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 17.

Intutive Surgical (ISRG) October 477.50 straddle priced for a move of 6% into the expected release of quarter results after the bell on October 17.

Elevance Health (ELV) October 485 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on October 17.

Blackstone (BX) October 155 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on October 17.

Truist Financial (TFS) October 44 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 17.

Travelers (TRV) October 240 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 17.

Western Alliance (WAL) October 90 straddle priced for a move of 7% into the expected release of quarter results after the bell on October 17.

Bank of Ozark (OZK) October 45 straddle priced for a move of 6% into the expected release of quarter results after the bell on October 17. Call put ratio 2.8 calls to 1 put.

American Airline (AAL) October 12 straddle priced for a move of 5.5% into the expected release of quarter results on October 17. Call put ratio 1 call to 1.3 puts.

Alaska Air Group (ALK) October 45 straddle priced for a move of 5.5% into the of quarter results expected release on October 17. Call put ratio 2 calls to 1 put.

M&T Bank (MTB) October 185 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 17.

KeyCorp (KEY) October 17.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 17.

Option Movement

Range Resources (RRC) 30-day option implied volatility is at 39; compared to its 52-week range of 24 to 63. Call put ratio 7.1 calls to 1 put with focus on 3300 contracts of March 33 calls.

Commvault Systems (CVLT) 30-day option implied volatility is at 51; compared to its 52-week range of 17 to 63. Call put ratio 6 calls to 1 put with focus on October 150 calls.

CNX Resources (CNX) 30-day option implied volatility is at 44; compared to its 52-week range of 20 to 77 with a focus on 50K contracts of January 30 puts.

Carter’s (CRI) 30-day option implied volatility is at 38; compared to its 52-week range of 23 to 74. Options active on 11K contracts with a focus on November 65 calls, November 72.50 calls and November 60 puts as share price up 3.4%

Zuora, Inc. (ZUO) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 87 with a focus on 6K contracts of November 9 calls and puts.

C. H. Robinson Worldwide (CHRW) 30-day option implied volatility is at 39; compared to its 52-week range of 18 to 69. Call put ratio 1 call to 1.9 puts with focus on 1750 contracts of November 100 puts, 1750 contracts of November 110 puts and 1750 contracts of November 125 calls.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 284; compared to its 52-week range of 67 to 768. Call put ratio 1.9 calls to 1 put with focus on November 35 and 40 calls.

Options with decreasing option implied volatility: ALTM MAXN AEHR APLD EXEL WBA EH ASHR DPZ SHCW PGR UNH BK JPM K
Increasing unusual option volume: CNX ASHR TIGR TSEM FHN JBHT ERIC FYBR
Increasing unusual call option volume: ASHR TIGR TSEM FHN JBHT ERIC YANG PNC OKLO RUM FYBR
Increasing unusual put option volume: EH ASHR JETS KWEB CHRW YANG BB CNC OVV BEKE MGNI
Popular stocks with increasing volume: WBA BABA DJT BAC SMCI C HOOD MU
Active options: NVDA AAPL TSLA AMD SOFI PLTR MSTR AMZN COIN WBA BABA MARA DJT BAC SMCI C HOOD META PDD MU
Global S&P Futures mixed in premarket, Nikkei down 1.8%, DAX mixed, WTI Crude oil recently at $70.80, natural gas mixed, gold at $2683