Pre-Market IV Report October 21, 2021

Pre-Market IV Report October 21, 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: SNDL HOOD COTY RKT CLOV UNG SDC INTC DNA RLX TGT IBM LVS WHR MAT T BX

Stocks expected to have increasing option volume: TSLA LVS IBM INTC BX MAT WHR AN

PINS & PYPL option IV amid M&A reports

Pinterest (PINS) October weekly call option implied volatility is at 93, November is at 61; compared to its 52-week range of 38 to 110 after reports of PayPal (PYPL) buyout talks. Call put ratio 3.8 calls to 1 put with focus on October weekly calls.

PayPal (PYPL) October weekly call option implied volatility is at 44, November is at 37; compared to its 52-week range of 24 to 59 after report of PayPal buyout talks of Pinterest (PINS). Call put ratio 2.3 calls to 1 put.

Tesla (TSLA) option IV flattish into quarter results

Tesla (TSLA) October weekly call option implied volatility is at 67, 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.q 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. Call put ratio 3.9 calls to 1 put.

Ford (F) 30-day option implied volatility is at 39; compared to its 52-week range of 33 to 76 into Tesla (TSLA) quarter results. Call put ratio 4.2 calls to 1 put.

Option implied volatility for Social Media

Snap (SNAP) 30-day option implied volatility is at 61; compared to its 52-week range of 43 to 119. Call put ratio 1.9 calls to 1 put.

Facebook (FB) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 55. Call put ratio 3.1 calls to 1 put.

Twitter (TWTR) 30-day option implied volatility is at 56; compared to its 52-week range of 32 to 91. Call put ratio 3.9 calls to 1 put.

Pinterest (PINS) 30-day option implied volatility is at 59; compared to its 52-week range of 37 to 110 after report of PayPal (PYPL) buyout talks.

Etsy (ETSY) 30-day option implied volatility is at 55; compared to its 52-week range of 40 to 83 after report of PayPal (PYPL) buyout talks of Pinterest (PINS). Call put ratio 2 calls to 1 put.

Shopify (SHOP) 30-day option implied volatility is at 40; compared to its 52-week range of 35 to 68 after reports of PayPal (PYPL) buyout talks of Pinterest (PINS). Call put ratio 1.6 calls to 1 put.

Square (SQ) 30-day option implied volatility is at 43; compared to its 52-week range of 35 to 73.Call put ratio 4.4 calls to 1 put.

Pharma-Bio

Johnson & Johnson (JNJ) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 34 into JNJ & Moderna (MRNA) COVID-19 vaccine boosters get FDA authorization.

Moderna (MRNA) 30-day option implied volatility is at 60; compared to its 52-week range of 51 to 131 into MRNA & Johnson & Johnson (JNJ) COVID-19 vaccine boosters get FDA authorization.

Cortexyme (CRTX) November call option implied volatility is at 503, December is at 420; compared to its 52-week range of 57 to 540 into the mid-November Phase 2/3 GAIN and REPAIR study. Call put ratio 1 call to 4.7 puts.

Straddle prices into quarter results this week

American Airlines (AAL) October weekly 19.50 straddle priced for a move of +/- 4% into the expected release of quarter results today before the bell.

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

AutoNation (AN) November 115 straddle priced for a move of +/- 9.5% into the expected release of quarter results today before the bell.

Boston Bear (SAM) November 510 straddle priced for a move of +/- 13% into the expected release of quarter results today after the bell.

Chipotle (CMG) October weekly 1830 straddle priced for a move of +/- 6% into the expected release of quarter results today after the bell.

Crocs (CROX) November 135 straddle priced for a move of +/- 14% into the expected release of quarter results today.

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

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

Mattel (MAT) October weekly 20 straddle priced for a move of +/- 7.5% into the expected release of quarter results today after the bell.

Whirlpool (WHR) October weekly 210 straddle priced for a move of +/- 5% into the expected release of quarter results today after the bell.

American Express (AXP) October weekly 180 straddle priced for a move of +/- 3.5% into the expected release of quarter results before the bell on October 22.

Cleveland Cliffs (CLF) October weekly 21.50 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on October 22.

Honeywell (HON) October weekly 222.50 straddle priced for a move of +/- 2.5% into the expected release of quarter results before the bell on October 22.

Seagate (STX) October weekly 81 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on October 22.

Options with decreasing option implied volatility: WBA MRK AFRM IRNT GWH OCGN
Increasing unusual option volume: INDA AVIR GRBK XP KNX BHF
Increasing unusual call option volume: XP BHF TXRH GRBK AVIR
Increasing unusual put option volume: INDA SIRI EAT ATUS OMER
Popular stocks with increasing volume: TLRY PINS PYPL RIOT
Active options: AAPL TSLA WISH PINS F NFLX AMD BBIG PYPL BABA TLRY AMC FB BAC AMZN NVDA T MARA RIOT MSFT
Global S&P Futures mixed, Nikkei down 1.8%, DAX mixed, WTI Crude oil recently at $82.87, natural gas mixed, gold at $1783 an ounce