Pre-Market IV Report October 18, 2024

Pre-Market IV Report October 18, 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 PGY AAP ZI SE MNDY SPOT DIS CSCO NNE NMRA IOVA MIRM TNDM PRGO CHX MOH CCK YETI BLBD CNC VNT

Stocks expected to have increasing option volume: NFLX PG ISRG AXP SLB RF ALLY CMA HBAN OZK WAL

Gold above $2700

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 28 to 40. Call put ratio 3.3 calls to 1 put with focus on October 39.50 calls and October 25 weekly 43 calls as gold tops $2700 for first time.

Straddle prices into quarter results

Nucor (NUE) October 25 weekly straddle priced for a move of 5.5% into the expected release of quarter results after the bell on October 21. Call put ratio 3.3 calls to 1 put.

Logitech (LOGI) November 87.50 straddle priced for a move of 8% into the expected release of quarter results after the bell on October 21.

Zion (ZION) November 50 straddle priced for a move of 10% into the expected release of quarter results after the bell on October 21. Call put ratio 9.2 calls to 1 put.

GE Aerospace (GE) October 25 weekly 192.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on October 22. Call put ratio 2 calls to 1 put.

Danaher (DHR) October 25 weekly 270 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 22. Call put ratio 4.9 calls to 1 put with focus on December 280 calls.

Philip Morris International (PM) October 25 weekly 120 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 22. Call put ratio 3.1 calls to 1 put with focus on January 130 calls.

Verizon Communications (VZ) October 25 weekly 44 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 22.

Movers

Macy’s (M) 30-day option implied volatility is at 51; compared to its 52-week range of 34 to 77. Call put ratio 16.7 calls to 1 put with focus on October 25 weekly 17.50 calls, November 1 weekly 17 and November 1 weekly 17.50 calls.

YETI Holdings, Inc. (YETI) 30-day option implied volatility is at 63; compared to its 52-week range of 28 to 87. Call put ratio 1 call to 4.9 puts with focus on November 35 puts.

Apollo Commercial Real Estate Finance (ARI) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 51 with a focus on December 10 calls.

Community Health Systems (CYH) 30-day option implied volatility is at 91; compared to its 52-week range of 59 to 172 with a focus on November 7 calls.

Perrigo (PRGO) 30-day option implied volatility is at 60; compared to its 52-week range of 26 to 80 with a focus on November 25 calls.

Options with decreasing option implied volatility: AEHR WBA YINN EXEL TSLL ASHR WEAT SCHW EQX TSLA FXI UNH BAC PGR ABT USB
Increasing unusual option volume: INFY CCK GEVO EWC TIGR LEU ELV ULCC WSC
Increasing unusual call option volume: WSC GEVO PRGO TSEM TIGR CYH LEU ASHR CBRL LSPD
Increasing unusual put option volume: ELV LAC CNC MGNI FITB WEN EOSE EWW ASHR OKLO
Popular stocks with increasing volume: TSM SMCI SOFI AVGO AAL LCID NIO MU BABA PLTR AFRM
Active options: NVDA TSLA TSM SMCI AAPL AMD SOFI AVGO AAL LCID AMZN NIO MU BABA MARA PLTR META MSTR HOOD AFRM
Global S&P Futures mixed to lower in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70.80, natural gas mixed, gold at $2724