Pre-Market IV Report October 3, 2024

Pre-Market IV Report October 3, 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: YINN BILI BEKE FUTU JOBY RBLX WB ASHR NIO XPEV BYON JD CVNA TCOM KWEB LMND LI GENI

Stocks expected to have increasing option volume: BABA PDD JD STZ LEVI ARES APO LUV

China option IV

Pinduoduo (PDD) 30-day option implied volatility is at 57; compared to its 52-week range of 30 to 77. Call put ratio 1.4 calls to 1 put.

JD.com (JD) 30-day option implied volatility is at 69; compared to its 52-week range of 34 to 64. Call put ratio 1.9 calls to 1 put.

Alibaba (BABA) 30-day option implied volatility is at 54; compared to its 52-week range of 27 to 52. Call put ratio 2.3 calls to 1 put.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 55; compared to its 52-week range of 14 to 46. Call put ratio 5 calls to 1 put with a focus on October calls.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 58; compared to its 52-week range of 25 to 54. Call put ratio 3.3 calls to 1 put with a focus on December 46 calls.

iShares China Large-Cap (FXI) 30-day option implied volatility is at 48; compared to its 52-week range of 20 to 39. Call put ratio 5.7 calls to 1 put with focus on November 15 weekly 40 calls.

UP Fintech Holding Limited (TIGR) 30-day option implied volatility is at 165; compared to its 52-week range of 35 to 165. Call put ratio 5.3 calls to 1 put with focus on October 18 calls.

Tesla (TSLA) 30-day option implied volatility is at 71; compared to its 52-week range of 40 to 72 into Robotaxi meeting on October 10. Call put ratio 1.8 calls to 1 put.

NVIDIA (NVDA) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 89.

Straddle prices into quarter results and end of quarter

Constellation Brands (STZ) October 4 weekly 255 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.

Movers

Humana (HUM) 30-day option implied volatility is at 67; compared to its 52-week range of 19 to 65. Call put ratio 1.2 calls to 1 put with focus on January 330 puts as share price down.

Nikola (NKLA) 30-day option implied volatility is at 119; compared to its 52-week range of 39 to 204 with a focus on October 4 weekly 4.5 calls, October 11 weekly 5.5 calls and October 7 calls as share price up.

Joby Aviation (JOBY) 30-day option implied volatility is at 90; compared to its 52-week range of 47 to 91 with a focus on October 4 weekly 5.5 calls, October 4 weekly 6 calls, October 8 calls as share price up.

Warner Music Group Corp. (WMG) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 73 with a focus on October 40 and April 37 calls.

Yum China (YUMC) 30-day option implied volatility is at 58; compared to its 52-week range of 24 to 73. Call put ratio 1 call to 1.7 puts with a focus on 5K contracts of January 45 puts trading at $2.50.

Powershares Senior Loan Portfolio (BKLN) 30-day option implied volatility is at 6; compared to its 52-week range of 5 to 65 with focus on 30K contracts of October 20 puts trading at 3c.

Options with decreasing option implied volatility: KMX LW MU SPOT CAN NKE PAYX
Increasing unusual option volume: ASHR TIGR LEVI LU YANG MNSO
Increasing unusual call option volume: TIGR ASHR YANG JOBY FXI MLCO LEVI MCHI
Increasing unusual put option volume: ASHR LEVI YANG YUMC IEF BEKE HUM CAG APH
Popular stocks with increasing volume: BABA PDD JD NKE COIN MU OXY MSTR
Active options: NVDA TSLA AAPL BABA PDD JD NKE SMCI AMD AMZN PLTR TIGR COIN MU OXY META BEKE MSTR MSFT
Global S&P Futures mixed to lower in premarket, Nikkei up 2%, DAX mixed, WTI Crude oil recently at $71, natural gas up 1%, gold at $2665