Pre-Market IV Report September 23, 2024

Pre-Market IV Report September 23, 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: DNA NFLX RBLX ARQT RVNC SOC OKLA GME PAM DNA NWL DAWN INTC U SMR RVMD CEG RUM ACI WWW QID CORT

Stocks expected to have increasing option volume: INTC QCOM DELL ERIE PLTR

Movement

Intel (INTC) 30-day option implied volatility is at 60; compared to its 52-week range of 28 to 61 amid capital raise headlines. Call put ratio 3.7 calls to 1 put.

Qualcomm (QCOM) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 53 after a WSJ report of takeover approach on Intel (INTC). Call put ratio 1 call to 1.1 puts on active option volume of 88K contracts.

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 1.4 calls to 1 put.

Southwest Airlines (LUV) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 48 into a company hosted investor meeting on September 26. Call put ratio 1 call to 1 put.

Nike (NKE) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 43 after Nike CEO Donahoe retired, Elliott Hill named next president and CEO. Call put ratio 1.7 calls to 1 put with focus on December (year 2026) 100 calls.

Palantir (PLTR) 30-day option implied volatility is at 40; compared to its 52-week range of 36 to 87 into being added to S&P 500 prior to opening today. Call put ratio 1.3 calls to 1 put.

Dell Technologies (DELL) 30-day option implied volatility is at 40; compared to its 52-week range of 23 to 80 into being added to S&P 500 prior to opening today. Call put ratio 2.1 calls to 1 put.

Erie Indemnity (ERIE) 30-day option implied volatility is at 26; compared to its 52-week range of 19 to 157 into being added to S&P 500 prior to opening today. Call put ratio 1 call to 8.1 puts with a focus on September 520 puts.

Movers

Genius Sports Limited (GENI) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 83 with a focus on January 10 and 12.50 calls.

Oklo Inc (OKLO) 30-day option implied volatility is at 111; compared to its 52-week range of 22 to 246 with a focus on September 7.5 and October 10 calls.

Rivian Automotive (RIVN) 30-day option implied volatility is at 69; compared to its 52-week range of 57 to 106 as share price down.

International Game Tech (IGT) 30-day option implied volatility is at 21; compared to its 52-week range of 22 to 89 as spreader rolled 5200 contracts of September 22 puts and 5200 contracts of November 20 puts.

XP Inc. (XP) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 79 with focus on 7900 contracts of October 17 puts.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 183; compared to its 52-week range of 67 to 767. Call put ratio 1 call to 1.6 puts on 214K contracts after shareholder lockup expiration headlines.

Options with decreasing option implied volatility: SYM BNTX EBS FDX EXAS LEN GIS GLW EWJ PARA NANOS
Increasing unusual option volume: CYH GDS IGT UROY CARR ICLN PTEN LUNR XND
Increasing unusual call option volume: CYH XND LUNR TRU EXC SMMT FWRD FDX GRAB CEG
Increasing unusual put option volume: CARR PTEN ICLN LUNR YOU TKO HTZ FDX ZBH PZZA PLCE
Popular stocks with increasing volume: INTC MSTR NKE FDX SMCI COIN NIO SOFI CRWD
Active options: NVDA TSLA AAPL AMZN PLTR GME META AMD INTC MSTR NKE FDX SMCI RIVN COIN GOOGL NIO SOFI MSFT CRWD
Global S&P Futures mixed in premarket, Nikkei up 1.5%, DAX mixed, WTI Crude oil recently at $71, natural gas up 2%, gold at $2640