Pre-Market IV Report September 17, 2024

Pre-Market IV Report September 17, 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: MPW NFLX RVNC COMP WBA U SATS TVTX LOVE CHCT EW RBLX PBR

Stocks expected to have increasing option volume: MSFT INTC BOX SPY QQQ RUT IWM GDX MSTR

Movement

Microsoft (MSFT) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 34 into approves up to $60B stock buyback, raises quarterly dividend 10%.

Intel (INTC) 30-day option implied volatility is at 52; compared to its 52-week range of 28 to 60 amid headlines. Call put ratio 4.6 calls to 1 put on active option volume of 792K contracts.

T-Mobile (TMUS) 30-day option implied volatility is at 24; compared to its 52-week range of 11 to 29 into hosting their 2024 Capital Markets Day on September 18. Call put ratio 1 call to 1.9 puts.

Boeing (BA) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 45 amid headlines to conserve cash during strike.

Heico Corp. (HEI) 30-day option implied volatility is at 25; compared to its 52-week range of 16 to 165 as share price near all time high during Boeing (BA) strike.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 32; compared to its 52-week range of 25 to 40 as gold at $2600 into FOMC meeting.

Apple suppliers option IV

Cirrus Logic, Inc. (CRUS) 30-day option implied volatility is at 40; compared to its 52-week range of 24 to 83. Call put ratio 1 call to 1 put.

Qorvo (QRVO) 30-day option implied volatility is at 38; compared to its 52-week range of 23 to 76. Call put ratio 1 call to 1.6 puts with focus on September and October 100 puts.

Skyworks Solutions (SWKS) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 45. Call put ratio 1 call to 8 puts with a focus on September 90 and 101 puts.

Micron Technology (MU) 30-day option implied volatility is at 63; compared to its 52-week range of 27 to 73.
Broadcom (AVGO) 30-day option implied volatility is at 42; compared to its 52-week range of 25 to 66. Call put ratio 1.2 calls to 1 put.

Taiwan Semiconductor (TSM) 30-day option implied volatility is at 43; compared to its 52-week range of 22 to 58.

Straddle prices into quarter results

General Mills (GIS) September 75 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on September 18. Call put ratio 1 call to 2.3 puts.

Steelcase (SCS) September 15 straddle priced for a move of 14% into the expected release of quarter results after the bell on September 18. Call put ratio 3.3 calls to 1 put.

FedEx (FDX) September 292.50 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on September 19.

Movers

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 80; compared to its 52-week range of 55 to 165 into announces $700M convertible senior notes offering.

Smartsheet (SMAR) 30-day option implied volatility is at 21; compared to its 52-week range of 21 to 87. Options active volume of 18K contracts amid headlines.

Ascendis Pharma (ASND) 30-day option implied volatility is at 41; compared to its 52-week range of 34 to 111 as share price up.

Zillow Group, Inc. (ZG) 30-day option implied volatility is at 44; compared to its 52-week range of 34 to 93 with a focus on September 65 calls as share price up.

SS&C Technologies (SSNC) 30-day option implied volatility is at 21; compared to its 52-week range of 13 to 70 with a focus on September 75 and 80 calls.

Nova Measuring Instruments (NVMI) 30-day option implied volatility is at 45; compared to its 52-week range of 27 to 70 with a focus on November 270 calls.

Revance Therapeutics (RVNC) 30-day option implied volatility is at 101; compared to its 52-week range of 14 to 134. Call put ratio 1 call to 2.4 puts with focus on January 5 puts as share price down.

Medical Properties Trust (MPW) 30-day option implied volatility is at 71; compared to its 52-week range of 49 to 152. Call put ratio 1 call to 1.5 puts with focus on November 5 puts.

Check Point Software Technology (CHKP) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 32 with a focus on spreader of October 175 and November 180 puts.

Bath & Body Works, Inc. (BBWI) 30-day option implied volatility is at 45; compared to its 52-week range of 29 to 70 with a focus on September 27 weekly 28 and November 1 weekly 25 puts.

Tupperware Brands (TUP) 30-day option implied volatility is at 171; compared to its 52-week range of 114 to 290 amid wide price movement.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 185; compared to its 52-week range of 67 to 768.

Options with decreasing option implied volatility: GME PLAY RH ACB SIG X ASO ADBE ORCL RUM KR HA
Increasing unusual option volume: CNM MULN SMAR COMP IMAX SMMT TRU AZUL XLI EMB CARR
Increasing unusual call option volume: XLI SMAR EMB TRU SMMT JEF ORCL FWRD OMEX SLQT
Increasing unusual put option volume: SMMT CARR AZUL BBWI XLRE BMRN SATS TER LQDA
Popular stocks with increasing volume: INTC PLTR ORCL SOFI MU AVGO PFE BA
Active options: NVDA AAPL TSLA INTC PLTR ORCL SOFI AMD AMZN META MSFT MU AVGO PFE GOOGL U MPW BA OPEN SMCI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70, natural gas mixed, gold at $2605