Pre-Market IV Report September 19, 2024

Pre-Market IV Report September 19, 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: CPRI WBA NFLX ISRG BKSY CRBP LABD LUNR DYN SNDX QNST TDS DUST BHC DUOL EDR SW EMB CMPO BKLN SYY

Stocks expected to have increasing option volume: FDX CBRL SCS DRI

Weight loss option IV

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 55 on 100K contracts with a focus on September calls.

Novo Nordisk (NVO) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 46 on 39K contracts compared to 90-day average of 11K contracts.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 76; compared to its 52-week range of 50 to 234. Call put ratio 2.8 calls to 1 put with focus on September 28 calls.

Straddle prices into quarter results

FedEx (FDX) September 297.50 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.

Darden (DRI) September 160 straddle priced for a move of 5.5%into the expected release of quarter results today before the bell on September 19. Call put ratio 1 call to 2.4 puts.

Lennar (LEN) September 187.50 straddle priced for a move of 5% into the expected release of quarter results after the bell on September 19.

Cracker Barrel (CBRL) September 42.50 straddle priced for a move of 9% into the expected release of quarter results today before the bell.

Movers

Applied Therapeutics Inc. (APLT) 30-day option implied volatility is at 109; compared to its 52-week range of 71 to 305 with a focus on October 7.5, October 10 and January 12.50 calls as share price up.

The Trade Desk Inc. (TTD) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 76. Call put ratio 7.5 calls to 1 put with focus on September 115 calls.

Bausch Health Co. Inc. (BHC) 30-day option implied volatility is at 63; compared to its 52-week range of 26 to 162 with a focus on September 8 calls, September 8.5 calls, November 9 calls, December 5 puts and January 6 puts.

ResMed (RMD) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 75 as share price down.

Nutrien (NTR) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 42 with a focus on October 25 weekly 43 puts.

Ishares U.S. Home Construction Etf (ITB) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 43 with a spreader trading October 110 and 120 puts.

Options with decreasing option implied volatility: RH ASTS ACB SIG X ADBE EXAS KR WB GIS
Increasing unusual option volume: LUNR XLB ALGM GRAB TDS OMEX QSR IYT
Increasing unusual call option volume: LUNR QSR OMEX XLB GRAB TDS DRN SMMT BBY
Increasing unusual put option volume: LUNR ASHR XLB MTUM SMMT BHC DRI PSNY
Popular stocks with increasing volume: INTC PLTR AVGO SOFI NIO ORCL JD BAC GME
Active options: NVDA TSLA AAPL INTC LUNR PLTR SOFI AVGO META AMZN AMD MSFT NIO ORCL JD GOOGL SMCI BAC MSTR GME
Global S&P Futures up in premarket, Nikkei up 2%, DAX up 1%, WTI Crude oil recently at $71.50, natural gas up 1%, gold at $2618