Pre-Market IV Report October 17, 2024

Pre-Market IV Report October 17, 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: OKLO RUM SMR MAXN AAP ZI SE SPOT MNDY FLR DIS CSCO

Stocks expected to have increasing option volume: EXPE UBER ELV BX TRV CSX KMI CCI DFS EFX STLD AA CCI

Expedia (EXPE) 30-day option implied volatility is at 51; compared to its 52-week range of 22 to 64 into Uber (UBER) has explored potential Expedia bid, FT reports. Call put ratio 1 call to 1.4 puts with a focus on October 25 weekly 143 and 152.50 puts.

Uber (UBER) 30-day option implied volatility is at 44; compared to its 52-week range of 28 to 60 into Uber has explored potential Expedia (EXPE) bid, FT reports.

Movers

Cisco Systems (CSCO) 30-day option implied volatility is at 28; compared to its 52-week range of 14 to 43. Call put ratio 7.2 calls to 1 put with focus on December 60, March 70 and 75 calls.

Dell (DELL) 30-day option implied volatility is at 44; compared to its 52-week range of 23 to 80. Call put ratio 2 calls to 1 put with focus on October calls.

Snowflake (SNOW) 30-day option implied volatility is at 46; compared to its 52-week range of 33 to 82 as share price down 2.6%.

ServiceNow (NOW) 30-day option implied volatility is at 41; compared to its 52-week range of 23 to 46. Call put ratio 2.3 calls to 1 put with focus on October calls.

Energy option IV

NANO Nuclear Energy (NNE) 30-day option implied volatility is at 193; compared to its 52-week range of 21 to 158. Call put ratio October 17.50 calls, November 17.50 and 20 calls.

Vistra Energy (VST) 30-day option implied volatility is at 65; compared to its 52-week range of 21 to 76. Call put ratio 3.5 calls to 1 put with focus on October 135 calls and January 175 calls.

NuScale Power Corporation (SMR) 30-day option implied volatility is at 142; compared to its 52-week range of 67 to 184. Call put ratio 5.1 calls to 1 put with a spreader of 4999 contracts of October 13.50 calls and 4999 contracts of October 25 weekly 16.50 calls.

Oklo Inc (OKLO) 30-day option implied volatility is at 161; compared to its 52-week range of 29 to 246. Call put ratio 5.8 calls to 1 put with focus on October 20 calls as share price up 39%.

Altus Power, Inc (AMPS) 30-day option implied volatility is at 68; compared to its 52-week range of 47 to 99 with a focus on November 4 calls as share price up 19%.

Centrus Energy (LEU) 30-day option implied volatility is at 84; compared to its 52-week range of 47 to 83. Call put ratio 6.9 calls to 1 put with a focus on October 65 and 70 calls as share price up 19%.

Straddle prices into quarter results

Netflix (NFLX) October 702.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 17.

Intutive Surgical (ISRG) October 475 straddle priced for a move of 6% into the expected release of quarter results after 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.

Proctor & Gamble (PG) October 172 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 18. Call put ratio 1.1 calls to 1 put.

American Express (AXP) October 280 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on October 18.

Schlumberger (SLB) October 44 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 18.

Fifth Third (FITB) October 45 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 18.

Huntington Bancshares (HBAN) October 16 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 18. Call put ratio 6 calls to 1 put with a focus on May calls.

Regions Financial (RF) October 24 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on October 18.

Ally Financial (ALLY) October 36 straddle priced for a move of 8.5% into the expected release of quarter results before the bell on October 18. Call put ratio 1.8 calls to 1 put.

Comerica (CMA) October 62.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 18. Call put ratio 1.7 calls to 1 put.

Movers

Pagaya Technologies (PGY) 30-day option implied volatility is at 110; compared to its 52-week range of 64 to 152 with a focus on 8800 contracts of November 11 calls and 5000 contracts of November 12 calls as share price up 7%.

Novavax (NVAX) 30-day option implied volatility is at 128; compared to its 52-week range of 69 to 173 with a focus on 5K contracts of October 11 calls and 5K contracts October 14 calls.

Centene (CNC) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 39. Call put ratio 1 call to 3.1 puts with a focus on 8500 contracts of October 66 puts.

Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 64 with a focus on November 51 and 53 puts.

Lucid (LCID) 30-day option implied volatility is at 97; compared to its 52-week range of 59 to 141 into share price lower after the bell. Call put ratio 1 call to 1 put.

Options with decreasing option implied volatility: AEHR APLD EXEL WBA YINN EH ASHR FUTU DPZ FXI UNH PGR PARA BAC BK JPM
Increasing unusual option volume: CNH LRN LEU ASHR OKLO ARQT FLR TIGR
Increasing unusual call option volume: ASHR LEU WSC OKLO FLR TIGR RGTI ARQT
Increasing unusual put option volume: LAC OKLO MGNI ICLN EWW ASHR CNC CMR EOSE
Popular stocks with increasing volume: SMCI COIN AAL INTC UAL SOFI MSTR TSM
Active options: NVDA TSLA SMCI AAPL PLTR AMD COIN AAL INTC MARA UAL META SOFI MSFT AMZN OKLO DJT MSTR CLSK TSM
Global S&P Futures mixed to lower in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70.60, natural gas mixed, gold at $2694