Pre-Market IV Report October 20, 2021

Pre-Market IV Report October 20, 2021

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: WISH SNDL SOOS HOOD DNA UNG WTRH AGC

Stocks expected to have increasing option volume: NFLX TSLA LVS UAL COIN VZ EAT

Tesla (TSLA) IV into quarter results

Tesla (TSLA) October weekly call option implied volatility is at 66, November is at 37; compared to its 52-week range of 37 to 106 into the expected release of quarter results on October 20. Call put ratio 1.5 calls to 1 put.

General Motors (GM) 30-day option implied volatility is at 33; compared to its 52-week range of 29 to 66.

Ford (F) 30-day option implied volatility is at 36; compared to its 52-week range of 33 to 76 into Tesla (TSLA) quarter results.

Fast casual sit down option IV into Brinker (EAT) guidance

Brinker International (EAT) 30-day option implied volatility is at 54; compared to its 52-week range of 41 to 90 into lower guidance.

Darden Restaurants (DRI) 30-day option implied volatility is at 25; compared to its 52-week range of 25 to 56 into Brinker (EAT) lowering guidance.

Bloomin’ Brands (BLMN) 30-day option implied volatility is at 51; compared to its 52-week range of 41 to 76 into Brinker (EAT) lowering guidance.

Straddle prices into quarter results this week

IBM (IBM) October weekly 142 straddle priced for a move of +/- 4% into the expected release of quarter results after the bell on October 20.

Tesla (TSLA) October weekly 865 straddle priced for a move of +/- 5% into the expected release of quarter results on October 20.

American Airlines (AAL) October weekly 19.50 straddle priced for a move of +/- 4.5% into the expected release of quarter results before the bell on October 21.

AT&T (T) October weekly 25.50 straddle priced for a move of +/- 3% into the expected release of quarter results before the bell on October 21.

AutoNation (AN) November 115 straddle priced for a move of +/- 9% into the expected release of quarter results before the bell on October 21.

Blackstone (BX) October weekly 125 straddle priced for a move of +/- 3% into the expected release of quarter results before the bell on October 21.

Boston Bear (SAM) November 115 straddle priced for a move of +/- 13% into the expected release of quarter results after the bell on October 21.

Chipotle (CMG) October weekly 1840 straddle priced for a move of +/- 5% into the expected release of quarter results after the bell on October 21.

Crocs (CROX) November straddle priced for a move of +/- 14% into the expected release of quarter results before the bell on October 21.

Freeport-McMoRan (FCX) October weekly 39 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on October 21.

Intel (INTC) October weekly 55 straddle priced for a move of +/- 5% into the expected release of quarter results after the bell on October 21.

Mattel (MAT) October weekly 20 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on October 21.

Whirlpool (WHR) October weekly 19.50 straddle priced for a move of +/- 5% into the expected release of quarter results after the bell on October 21.

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 12; compared to its 52-week range of 11 to 36 into the anniversary of the 1987 stock market crash. I was on the Midwest Stock Exchange. The lead Specialist told their traders to “keep their hands off the keyboard.” Paul Foster

Options with decreasing option implied volatility: AFRM MRK GWH IRNT
Options with increasing option implied volatility: WISH SNDL SOOS HOOD DNA UNG WTRH AGC
Stocks expected to have increasing option volume: NFLX TSLA LVS UAL COIN VZ
Increasing unusual option volume: AVIR RNW EGHT PTC CRTX WATT PROG APO
Increasing unusual call option volume: AVIR CRTX VIRT WATT PROG APO BOWX
Increasing unusual put option volume: PROG DT SIRI CRTX CIFR KDMN
Popular stocks with increasing volume: TLRY PLTR DKNG PBR
Active options: AAPL TSLA FB AMC BABA TLRY AMD NIO BB FCEL WISH PLTR DKNG NVDA AMZN MSFT NFLX CCJ PBR BBIG
Global S&P Futures mixed, Nikkei mixed, DAX mixed, WTI Crude oil recently at $82.33, natural gas mixed, gold at $1776 an ounce