Pre-Market IV Report October 25, 2024

Pre-Market IV Report October 25, 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: NOVA SAVA TGT ZM NTAP WMT K PRCT NOVA VITL PCT CRMD OSCR NPWR SMMT FTRE METC AVPT XP CX

Stocks expected to have increasing option volume: COF LHX EW DECK WDC UHS SKX SAM HCA CL BAH AN NWL WDC SUM BYD CPRI TPR JOBY HIG NEM LYV

Straddle prices into quarter results

Waste Management (WM) November 1 weekly 210 straddle priced for a move of 5% into the expected release of quarter results after the bell on October 28. Call put ratio 2 calls to 1 put.

Welltower (WELL) November 130 straddle priced for a move of 5% into the expected release of quarter results after the bell on October 28. Call put ratio 1 call to 2.4 puts.

Ford (F) November 1 weekly 11 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on October 28. Call put ratio 3.8 calls to 1 put.

CenterPoint Energy (CNP) November 28 straddle priced for a move of 6% into the expected release of quarter results after the bell on October 28. Call put ratio 2.8 calls to 1 put.

SBA Communications (SBAC) November 245 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on October 28.

ON Semiconductor (ON) November 1 weekly 70 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 28.

Crane (CR) November 150 straddle priced for a move of 11% into the expected release of quarter results after the bell on October 28.

F5 (FFIV) November 210 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on October 28.

V.F. Corporation (VFC) November 1 weekly 16.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on October 28. Call put ratio 1 call to 3 puts.

Movers

Las Vegas Sands (LVS) 30-day option implied volatility is at 33; compared to its 52-week range of 24 to 42. Call put ratio 16.4 calls to 1 put with focus on December 40, and March 45 calls as share price up 2.5% after quarter results.

Capri Holdings Limited (CPRI) 30-day option implied volatility is at 160; compared to its 52-week range of 8 to 416 into deal with Tapestry (TPR) blocked by a judge, Bloomberg.

Tapestry (TPR) 30-day option implied volatility is at 49; compared to its 52-week range of 24 to 53 into deal with Capri Holdings Limited (CPRI) blocked by a judge.

Summit Materials (SUM) 30-day option implied volatility is at 49; compared to its 52-week range of 22 to 49. Call put ratio 18 calls to 1 put with focus on November and December 40 calls as share price up 6.7%.

ICON plc (ICLR) 30-day option implied volatility is at 38; compared to its 52-week range of 22 to 251 on active options volume of 1500 contracts as share price down 19.5%.

Anaptysbio (ANAB) 30-day option implied volatility is at 138; compared to its 52-week range of 48 to 151 amid a spreader of 917 contracts of November 40 calls against 917 contracts of April 50 calls.

Honeywell (HON) 30-day option implied volatility is at 21; compared to its 52-week range of 13 to 26 amid a spreader of 19K contracts of January 200 puts against 9500 contracts of January 210 puts.

ATI Inc (ATI) 30-day option implied volatility is at 50; compared to its 52-week range of 27 to 62. Call put ratio 1 call to 4.5 puts with focus on November 60 puts as share price down 2.5%.

Options with decreasing option implied volatility: MAXN TIGR BYON ALGN ENPH FWRD NFLX CLS MMM EQX ISRG
Increasing unusual option volume: EDR CYH XLB FYBR MAT DECK
Increasing unusual call option volume: XLB CYH KNX DECK COUR XLI ASHR FYBR CC VNET QS WCC
Increasing unusual put option volume: EDR DECK CARR XLB TER HAS LAC HON TIGR NTLA EMB TKO AZUL BYON
Popular stocks with increasing volume: SOFI MSTR SMCI PLTR MARA COIN QS BABA NEM AAL BA
Active options: TSLA NVDA SOFI AAPL MSTR SMCI AMD AMZN PLTR MARA COIN QS BABA NEM META DJT AAL MSFT RIOT BA
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70.50, natural gas up 2%, gold at $2734