Pre-Market IV Report October 8, 2024

Pre-Market IV Report October 8, 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 DJT ASHR ACMR BEKE GEO GRPN EVGO HIMS UPST FUTU FXI

Stocks expected to have increasing option volume: PEP TSLA AMD GM HD LOW GNRC TRV ALL

Option IV into events

General Motors (GM) 30-day option implied volatility is at 47; compared to its 52-week range of 21 to 44. Call put ratio 2.4 calls to 1 put into GM investors day on October 8.

AMD (AMD) 30-day option implied volatility is at 57; compared to its 52-week range of 34 to 64 into Advancing AI 2024, an in-person and livestreamed event on October 10, 2024. Call put ratio 1.9 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 71; compared to its 52-week range of 40 to 76. Call put ratio 1.8 calls to 1 put into RoboTaxi meeting on October 10.

Boeing (BA) 30-day option implied volatility is at 48; compared to its 52-week range of 22 to 46. Call put ratio 2.5 calls to 1 put amid headlines of union contract talks will resume.

Option IV into Hurricane Milton

Lowe’s Cos. (LOW) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 39. Call put ratio 1.5 calls to 1 put.

Home Depot (HD) 30-day option implied volatility is at 24; compared to its 52-week range of 15 to 40. Call put ratio 1.1 calls to 1 put.

Walmart (WMT) 30-day option implied volatility is at 21; compared to its 52-week range of 12 to 32.

Generac Holdings (GNRC) 30-day option implied volatility is at 52; compared to its 52-week range of 30 to 67. Call put ratio 2.3 calls to 1 put.

Allstate (ALL) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 61. Call put ratio 1 call to 4.6 puts.

Chubb Corp. (CB) 30-day option implied volatility is at 27; compared to its 52-week range of 13 to 28. Call put ratio 1 call to 1.6 puts.

Progressive Corp. (PGR) 30-day option implied volatility is at 35; compared to its 52-week range of 18 to 65. Call put ratio 1 call to 3.3 puts.

The Hartford (HIG) 30-day option implied volatility is at 25; compared to its 52-week range of 13 to 55. Call put ratio 1.2 calls to 1 put.

Travelers (TRV) 30-day option implied volatility is at 34; compared to its 52-week range of 13 to 58. Call put ratio 1 call to 1.5 puts with focus on October 220 and 230 puts.

AIG (AIG) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 35. Call put ratio 1 call to 2.8 puts with focus on October 11 weekly 76 puts.

RLI Corp. (RLI) 30-day option implied volatility is at 24; compared to its 52-week range of 14 to 32.

Universal Insurance (UVE) 30-day option implied volatility is at 77; compared to its 52-week range of 21 to 53. Call put ratio 1 call to 8 puts.

Heritage Insurance (HRTG) 30-day option implied volatility is at 123; compared to its 52-week range of 43 to 104. Call put ratio 1 call to 15.3 puts with focus on November 5 puts.

Walt Disney (DIS) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 46. Call put ratio 1.8 calls to 1 put.

Robinhood (HOOD) 30-day option implied volatility is at 71; compared to its 52-week range of 39 to 96 into Investor Day on December 4, 2024.

Honeywell (HON) 30-day option implied volatility is at 23; compared to its 52-week range of 13 to 26 into spin off Advanced Materials unit into a separate public company

Straddle prices into quarter results and end of quarter

Delta Air Lines (DAL) October 11 weekly 49.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 10.

Movers

Scholar Rock Holding Corp. (SRRK) 30-day option implied volatility is at 139; compared to its 52-week range of 74 to 189. Call put ratio 1 call to 2.4 puts with a focus on January 10 calls, January 15 calls, January 12.50 puts and April 30 puts.

Air Products (APD) 30-day option implied volatility is at 32; compared to its 52-week range of 15 to 67. Call put ratio 1 call to 1.4 puts.

Deckers Brands (DECK) 30-day option implied volatility is at 52; compared to its 52-week range of 21 to 57 amid active November 1 weekly 175 calls, November 175 calls, November 1 weekly 140 puts and November 140 puts.

Harley-Davidson (HOG) 30-day option implied volatility is at 53; compared to its 52-week range of 27 to 53 with a focus on 7K contracts of October 25 weekly 32 puts as share price down.

Serve Robotics (SERV) 30-day option implied volatility is at 148; compared to its 52-week range of 21 to 243. Call put ratio 6 calls to 1 put with a focus on October 11 weekly 11 calls.

Options with decreasing option implied volatility: LW NKE PAYX K
Increasing unusual option volume: TIGR ASHR ALTM YANG BNO
Increasing unusual call option volume: TIGR ASHR ALTM YANG FRO BNO JKS DQ
Increasing unusual put option volume: ASHR ALTM EH YANG EVGO IQ DECK
Popular stocks with increasing volume: SMCI BABA MSTR NIO PLTR PDD PFE SOFI INTC
Active options: NVDA SMCI TSLA AMD AMZN BABA AAPL MSTR TIGR META NIO PLTR PDD PFE SOFI MSFT RIOT INTC DJT MARA
Global S&P Futures up in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $75.40, natural gas mixed, gold at $2661