Pre-Market IV Report October 9, 2024

Pre-Market IV Report October 9, 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: GEO YINN DJT UPST HIMS GRPN AFRM EXEL APP EXPE PLTR FSLR TTD TAN SQ SHOP CART FTNT TOST

Stocks expected to have increasing option volume: DAL DPZ JPM WFC BLK BAC
Movement

Tesla (TSLA) 30-day option implied volatility is at 69; compared to its 52-week range of 40 to 76. Call put ratio 1.7 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 47. Call put ratio 2 calls to 1 put amid headlines.

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 call to 1.6 puts into Hurricane Milton.

Home Depot (HD) 30-day option implied volatility is at 24; compared to its 52-week range of 15 to 40 into Hurricane Milton. Call put ratio 1.3 calls to 1 put.

Straddle prices into quarter results

Delta Air Lines (DAL) October 11 weekly 51 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 10.

Domino’s Pizza (DPZ) October 11 weekly 410 straddle priced for a move of 7% into the expected release of quarter results before the bell on October 10.

J P Morgan (JPM) October 11 weekly 210 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on October 11.

Wells Fargo (WFC) October 11 weekly 57 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 11. Call put ratio 1.7 calls to 1 put.

Healthcare option IV

Cigna (CI) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 30.

Centene (CNC) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 37.

CVS Health (CVS) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 35. Call put ratio 1.8 calls to 1 put.

Humana (HUM) 30-day option implied volatility is at 67; compared to its 52-week range of 19 to 67. Call put ratio 2.1 calls to 1 put.

UnitedHealth Group (UNH) 30-day option implied volatility is at 37; compared to its 52-week range of 15 to 37. Call put ratio 1.7 calls to 1 put.

Walgreens Boots Alliance (WBA) 30-day option implied volatility is at 84; compared to its 52-week range of 31 to 85 on 41K contracts.

Amazon (AMZN) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 49. Call put ratio 2.9 call to 1 put.

Fintech option implied volatility

Affirm Holdings (AFRM) 30-day option implied volatility is at 83; compared to its 52-week range of 59 to 118. Call put ratio 7.1 calls to 1 put with focus on October 41, 42 and 43 calls as share price up.

Upstart Holdings (UPST) 30-day option implied volatility is at 105; compared to its 52-week range of 62 to 136. Call put ratio 4.5 calls to 1 put with focus on October 11 weekly 44 and 50 calls as share price up.

Block (SQ) 30-day option implied volatility is at 59; compared to its 52-week range of 37 to 80. Call put ratio 4.8 calls to 1 put with focus on October 11 weekly calls as share price up.

PayPal (PYPL) 30-day option implied volatility is at 46; compared to its 52-week range of 26 to 57. Call put ratio 3 calls to 1 put with a focus on October 11 weekly 83 and 85 calls as share price up.

Movers

Riot Platforms (RIOT) 30-day option implied volatility is at 93; compared to its 52-week range of 76 to 144. Call put ratio 4.1 calls to 1 put with focus on October 11 weekly 7 and 11 calls.

Coupang (CPNG) 30-day option implied volatility is at 44; compared to its 52-week range of 27 to 63. Call put ratio 4 calls to 1 put with focus on October 11 weekly calls and October 26 calls.

Medtronic (MDT) 30-day option implied volatility is at 21; compared to its 52-week range of 14 to 31 with a focus on 13K contracts of October 11 weekly 89 calls.

Roblox (RBLX) 30-day option implied volatility is at 74; compared to its 52-week range of 31 to 87. Call put ratio 1 call to 3 puts with a focus on October 11 weekly 40 puts and January 37.50 puts as share price down.

Sun Communities (SUI) 30-day option implied volatility is at 33; compared to its 52-week range of 16 to 34 with a focus on 2200 contracts of November 115 puts.

Sensata Technologies (ST) 30-day option implied volatility is at 40; compared to its 52-week range of 19 to 76 with a focus 4700 contracts of October 37.50 calls.

EchoStar Corp. (SATS) 30-day option implied volatility is at 80; compared to its 52-week range of 52 to 113. Call put ratio 4.4 calls to 1 put with focus on January 30 calls as share price up.

Calumet Specialty Products Partners (CLMT) 30-day option implied volatility is at 107; compared to its 52-week range of 29 to 107. Call put ratio 15 calls to 1 put with a focus on June 25 and 40 calls.

Options with decreasing option implied volatility: NKE LW K CAG
Increasing unusual option volume: TIGR EDR ASHR YANG MCHI KNX APLS BMEA MQ GXO WIX YINN WW ESTA
Increasing unusual call option volume: TIGR ASHR YANG MCHI KNX APLS WIX GXO MQ WW YINN
Increasing unusual put option volume: ASHR EH WY YANG ALTM MCHI YINN FUTU RBLX PSNY
Popular stocks with increasing volume: BABA MSTR PDD HOOD NIO RBLX JD CVNA SOFI INTC
Active options: NVDA SMCI TSLA PLTR AMD AAPL BABA AMZN MSTR PDD HOOD NIO RBLX MSFT JD DJT CVNA SOFI INTC TIGR
Global S&P Futures up in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $74.40, natural gas down 1%, gold at $2636