Pre-Market IV Report October 6, 2021

Pre-Market IV Report October 6, 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: APRN KDMN W BOIL BTBT KOLD UNG CEI SNDL INTC HYG BMY BABA PROG

Stocks expected to have increasing option volume: GM PLTR FB BABA

IV into events

General Motors (GM) October weekly call option implied volatility is at 71, October is at 47; compared to its 52-week range of 29 to 66 into investor day on October 6 and 7. Call put ratio 2.9 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 53; compared to its 52-week range of 37 to 106 into shareholder meeting on October 7. Call put ratio 1 call to 1.3 puts.

Movers

Facebook (FB) October weekly call option implied volatility is at 34, October is a 31; compared to its 52-week range of 21 to 55. Call put ratio 1.3 calls to 1 put.

Netflix (NFLX) 30-day option implied volatility is at 42; compared to its 52-week range of 21 to 62. Call put ratio 2 calls to 1 put.

Palantir (PLTR) 30-day option implied volatility is at 51; compared to its 52-week range of 42 to 174 into contract win. Call put ratio 2.6 calls to 1 put.

Microsoft (MSFT) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 41.

United States Natural Gas (UNG) 30-day option implied volatility is at 123; compared to its 52-week range of 30 to 219 as natural gas trends higher. Call put ratio 1.7 calls to 1 put.

NVIDIA (NVDA) 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 58. Call put ratio 2.8 calls to 1 put.

AMD (AMD) 30-day option implied volatility is at 45; compared to its 52-week range of 29 to 70.

Devon Energy (DVN) 30-day option implied volatility is at 54; compared to its 52-week range of 43 to 102. Call put ratio 12 calls to 1 put with focus on January calls

Camber Energy (CEI) 30-day option implied volatility is at 451; compared to its 52-week range of 87 to 451. Call put ratio 2.8 calls to 1.

Diana Shipping (DSX) 30-day option implied volatility is at 68; compared to its 52-week range of 13 to 439. Call put ratio 20 calls to 1 put with focus on October calls.

Wheaton Precious Metals Corp. (WPM) 30-day option implied volatility is at 37; compared to its 52-week range of 30 to 63. Call put ratio 26 calls to 1 put with focus on December 40 calls.

Bit Digital (BTBT) 30-day option implied volatility is at 165 compared to its 52-week range of 114 to 279. Call put ratio 6.7 calls to 1 put with focus on October 10 calls.

Kellogg (K) 30-day option implied volatility is at 24; compared to its 52-week range of 16 to 36. Call put ratio 1 call to 10 puts amid reports Kellogg’s U.S. cereal plant workers go on strike.

Penn National Gaming (PENN) 30-day option implied volatility is at 62; compared to its 52-week range of 49 to 99.
Straddle prices into quarter results this week

Constellation Brands (STZ) October weekly 212 straddle priced for a move of +/- 4.5% into the expected release of quarter results today before the bell.

Levi Strauss (LEVI) October 25 straddle priced for a move of +/- 10% into the expected release of quarter results today.

Conagra (CAG) October weekly 34 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on October 7.

Lamb Weston (LW) October 60 straddle priced for a move of +/- 7.5% into the expected release of quarter results before the bell on October 7.

Tilray (TLRY) October weekly 11 straddle priced for a move of +/- 11% into the expected release of quarter results on October 7.

Options with decreasing option implied volatility: VOD EDIT INO GOGO BBBY IPOF
Increasing unusual option volume: IHRT ADTX IRTN REIT OPAD PROG ANY
Increasing unusual call option volume: IHRT ADTX IRNT OPAD REI WPM DSX CEI WPM DVN HYZON
Increasing unusual put option volume: IRNT PROG ASHR OPAD GDOT K CEI
Popular stocks with increasing volume: K MRK F DKNG SNAP BABA
Active options: TSLA AAPL FB NVDA BAC DVN BABA AMD NFLX AMC PLTR AMZN MSFT CEI NIO MRK F ET SNAP DKNG
Global S&P Futures recently down 0.7%, Nikkei down 1%, DAX down 1.6%, WTI Crude oil recently at $79.22, natural gas up 1%, gold at $1749 an ounce