Pre-Market IV Report October 21, 2024

Pre-Market IV Report October 21, 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: WBA YINN EXEL FWRD ACI NFLX ASHR SCHW ISRG FXI UNH USB AXP JWN

Stocks expected to have increasing option volume: NUE GE LOGI ZION VZ PM BA HUM CI

Boeing (BA) 30-day option implied volatility is at 44; compared to its 52-week range of 22 to 48 amid headlines.

Humana (HUM) 30-day option implied volatility is at 35; compared to its 52-week range of 16 to 35. Call put ratio 1 call to 2 puts into Cigna (CI) revives merger talks with Humana, Bloomberg reports.

Kenvue (KVUE) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 50. Call put ratio 5.7 calls to 1 put into Starboard has sizable stake in Kenvue, wants changes, WSJ reports.

Straddle prices into quarter results

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 2.7 calls to 1 put.

Danaher (DHR) October 25 weekly 275 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on October 22. Call put ratio 1.4 calls to 1 put.

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 2.7 calls to 1 put.

Verizon Communications (VZ) October 25 weekly 44 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 22.

Texas Instruments (TXN) October 25 weekly 200 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 22.

RTX (RTX) October 25 weekly 125 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 22.

Lockheed Martin (LMT) October 25 weekly 612 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 22.

Sherwin Williams (SHW) November 390 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on October 22.

Fiserv (FI) November 195.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 22.

Moody’s (MCO) November 490 straddle priced for a move of 7% into the expected release of quarter results before the bell on October 22. Call put ratio 3.2 calls to 1 put.

3M (MMM) October 25 weekly 135 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 22.

General Motors (GM) October 25 weekly 49 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 22.

Kimberly-Clark (KMB) October 25 weekly 145 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 22.

Baker Hughes (BKR) November 36 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on October 22.

Archer Daniels (ADM) October 25 weekly 56 straddle priced for a move of 3% into the expected release of quarter results on October 22.

Seagate (STX) October 25 weekly 112 straddle priced for a move of 8% into the expected release of quarter results after the bell on October 22.

Tesla (TSLA) October 25 weekly 220 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on October 23.

Movers

Centrus Energy (LEU) 30-day option implied volatility is at 107; compared to its 52-week range of 48 to 93. Call put ratio 2.1 calls to 1 put with a focus on November 95 and 100 calls as share price up.

JetBlue Airways (JBLU) 30-day option implied volatility is at 69; compared to its 52-week range of 46 to 108. Call put ratio 6.3 calls to 1 put with a focus on October 25 weekly 8 calls and October 25 weekly 8.5 calls as share price down.

Calumet Specialty Products Partners (CLMT) 30-day option implied volatility is at 89; compared to its 52-week range of 28 to 107. Call put ratio 4.9 calls to 1 put with a spreader of 10K contracts of June 25 and June 40 calls.

TechnipFMC (FTI) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 86 with a focus on 10K contracts of November 22 puts trading between the bid ask at 15c.

Crown Holdings (CCK) 30-day option implied volatility is at 23; compared to its 52-week range of 16 to 135. Call put ratio 1 call to 3.2 puts with focus on 5900 contracts of November 90 puts trading at 60c.

Options with decreasing option implied volatility: WBA YINN EXEL FWRD ACI NFLX ASHR SCHW ISRG FXI UNH USB AXP JWN
Increasing unusual option volume: TDS LEU WSC ULCC ASHR HST OKLO EWW XND IGT TIGR
Increasing unusual call option volume: TIGR WSC XND ASHR LEU BNO TDS OKLO TSEM KDP QBTS RGTI TRU
Increasing unusual put option volume: EWW TIGR LAC OKLO TROW OWL ZETA ASHR BG INSM TAL TER TKO EIX
Popular stocks with increasing volume: SMCI COIN TSM BABA CVS OKLO AAL BAC
Active options: NVDA TSLA AAPL AMZN NFLX MSTR MARA SMCI AMD COIN PLTR TSM META BABA CVS MSFT OKLO DJT AAL BAC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70, natural gas mixed, gold at $2745