Pre-Market IV Report October 4, 2024

Pre-Market IV Report October 4, 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: FUTU EVGO BILI BEKE BYON ASHR RBLX JOBY WB CVNA HLF LMND PINS ACMR

Stocks expected to have increasing option volume: SAVE BABA PDD JD

Option IV for Large U.S. consumer names after port strike ends

Walmart (WMT) 30-day option implied volatility is at 20; compared to its 52-week range of 12 to 33. Call put ratio 1 call to 1.5 puts into port strike ends.

Target (TGT) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 52. Call put ratio 1 call to 1.4 puts into port strike ends.

Costco (COST) 30-day option implied volatility is at 22; compared to its 52-week range of 15 to 33. Call put ratio 1 call to 1.4 puts into port strike ends.

Home Depot (HD) 30-day option implied volatility is at 22; compared to its 52-week range of 15 to 41. Call put ratio 1 call to 1 put into port strike ends.

Lowe’s Cos. (LOW) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 38. Call put ratio 1 call to 38 puts into port strike ends.

BJ’s Wholesale Club (BJ) 30-day option implied volatility is at 27; compared to its 52-week range of 20 to 76. Call put ratio 3.5 calls to 1 put into port strike ends.

Best Buy (BBY) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 47. Call put ratio 1 call to 2.9 puts into port strike ends.

Dollar General (DG) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 56. Call put ratio 1 call to 2.7 puts into port strike ends.

Amazon.com (AMZN) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 49. Call put ratio 2.1 calls to 1put into port strike ends.

Wayfair (W) 30-day option implied volatility is at 77; compared to its 52-week range of 53 to 99 into port strike ends. Call put ratio 1 call to 1.8 puts.

Straddle prices into quarter results and end of quarter

PepsiCo (PEP) October 11 weekly 170 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 8.

Movers

Spirit Airlines (SAVE) 30-day option implied volatility is at 161; compared to its 52-week range of 70 to 238. Call put ratio 1 call to 1 put into share price trading lower before the bell.

MarketAxess Holdings (MKTX) 30-day option implied volatility is at 33; compared to its 52-week range of 25 to 81 with a focus on October 290 calls as share price up.

Vistra Energy (VST) 30-day option implied volatility is at 61; compared to its 52-week range of 21 to 75. Call put ratio 2.1 calls to 1 put with focus on January 103 and 145 calls as share price up.

Western Digital (WDC) 30-day option implied volatility is at 49; compared to its 52-week range of 28 to 59 with a focus on October 4 weekly 69 calls and January 75 calls.

Restaurant Brands (QSR) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 70 with a focus on October 70 puts as share price down.

Praxis Precision Medicines (PRAX) 30-day option implied volatility is at 114; compared to its 52-week range of 20 to 149 with a focus on November 65 and 90 calls as share price up.

EVgo (EVGO) 30-day option implied volatility is at 130; compared to its 52-week range of 72 to 136. Call put ratio 1.7 calls to 1 put on 79K contracts with a focus on October options as share price up 60%.

Teradyne (TER) 30-day option implied volatility is at 51; compared to its 52-week range of 26 to 81 with a focus on November 100 puts as share price down.

Options with decreasing option implied volatility: LW SPOT CCL NKE PAYX COST
Increasing unusual option volume: TIGR ASHR LEVI EVGO DNN HROW APLT
Increasing unusual call option volume: TIGR ASHR DNN EVGO BNO BHVN LEVI BLUE
Increasing unusual put option volume: EVGO LEVI ASHR EQT BMRN FUTU
Popular stocks with increasing volume: SMCI BABA NIO OXY PDD INTC MU JD COIN MSTR
Active options: NVDA TSLA AAPL AMD PLTR SMCI BABA AMZN META NIO OXY PDD INTC MSFT MU JD TIGR COIN MSTR MARA