Pre-Market IV Report September 20, 2024

Pre-Market IV Report September 20, 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 NFLX KSPI SERV PGNY RVNC ESTA MBLY SMAR UPWK MLKN PMT CRUS SIGA PK TXRH WTW EDR

Stocks expected to have increasing option volume: NKE SKX DECK UAA LULU ONON FL FDX UPS DJT

Nike (NKE) 30-day option implied volatility is at 42; compared to its 52-week range of 19 to 43 into Nike CEO Donahoe to retire, Elliott Hill named next president and CEO.

Meta Platforms (META) 30-day option implied volatility is at 30; compared to its 52-week range of 24 to 53 into Connect 2024 will be held on September 25–26. Call put ratio 1.7 calls to 1 put.

Fdx FedEx (FDX) September call option implied volatility is at 177, October is at 43; compared to its 52-week range of 18 to 41 into the expected release of quarter results after the bell on September 19.

UPS (UPS) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 35. Call put ratio 1.9 calls to 1 put into FedEx (FDX) quarter results and outlook.

Lennar Corp. (LEN) September call option implied volatility is at 134, October is at 39; compared to its 52-week range of 25 to 42. Call put ratio 1 call to 1.9 puts into quarter results.

Option IV into Nike (NKE) leadership change

Skechers USA (SKX) 30-day option implied volatility is at 34; compared to its 52-week range of 19 to 74. Call put ratio 1 call to 2.2 puts amid share price pull back.

Deckers Brands (DECK) 30-day option implied volatility is at 31; compared to its 52-week range of 21 to 57.

On Holding AG (ONON) 30-day option implied volatility is at 42; compared to its 52-week range of 34 to 72. Call put ratio 1.5 calls to 1 put on 11K contracts.

Under Armour Inc (UAA) 30-day option implied volatility is at 40; compared to its 52-week range of 24 to 63. Call put ratio 2.2 calls to 1 put with focus on December and January calls.

lululemon athletica (LULU) 30-day option implied volatility is at 37; compared to its 52-week range of 21 to 64 as share price near four-year low.

Foot Locker (FL) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 89.

Straddle prices into quarter results

AutoZone (AZO) October 3040 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on September 24.

Movers

FactSet (FDS) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 58 with a focus on September 500 and 510 calls.

Casey’s General Stores (CASY) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 158.

Kaspi.kz (KSPI) 30-day option implied volatility is at 63; compared to its 52-week range of 21 to 65 with a focus on September 90 and 100 puts.

Vista Oil & Gas, S.A.B. de C.V. (VIST) 30-day option implied volatility is at 45; compared to its 52-week range of 31 to 88 with focus on March 45 puts.

Icici Bank Limited (IBN) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 70 with a focus on 3200 December 31 calls.

IFF (IFF) 30-day option implied volatility is at 22; compared to its 52-week range of 19 to 74 with a focus on 9600 contracts of January 95 calls.

CSX Corp. (CSX) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 40 with a focus on 3200 contracts of December 35 calls.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 197; compared to its 52-week range of 67 to 767. Call put ratio 1 call to 1.9 puts into shareholder lockup expiration headlines.

Options with decreasing option implied volatility: X ACB X RH EBS GME ADBE EXAS ADBE SIG GIS GLW HYG
Increasing unusual option volume: NOV VLY IFF LUNR SABR ELAN HP SKX CSTM
Increasing unusual call option volume: VLY IFF SABR LUNR IR ELAN BHVN DRI GGAL
Increasing unusual put option volume: LUNR SKX BMRN NNOX YUM PSNY DLTR SMMT
Popular stocks with increasing volume: INTC SOFI MSTR PYPL NIO BABA WMT COIN MU
Active options: NVDA TSLA AAPL AMD META INTC AMZN PLTR GOOGL SOFI MSFT MSTR PYPL NIO LUNR BABA WMT COIN MU MARA
Global S&P Futures mixed in premarket, Nikkei up 1.5%, DAX down 1%, WTI Crude oil recently at $71.50, natural gas mixed, gold at $2634