Pre-Market IV Report September 24, 2020

Pre-Market IV Report September 24, 2020

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: PG NKLA PSTI LX SKX CMG INTC HSY HTZ T SNAP MCD VZ SHLL AMZN TSLA GNW

Options expected to have increasing volume: GDX SLV GLD GOLD WKHS TSLA NKLA GM F

Social Media calls stay active

Twitter (TWTR) 30-day option implied volatility is at 55; compared to its 52-week range of 27 to 127 as shares near two-year high. Call put ratio 3.3 calls to 1 put with focus on September weekly 45 and 46 calls.

Pinterest (PINS) 30-day option implied volatility is at 68; compared to its 52-week range of 39 to 155. Call put ratio 5.4 calls to 1 put.

Snap (SNAP) 30-day option implied volatility is at 75; compared to its 52-week range of 37 to 126. Call put ratio 6.5 calls to 1 put with focus on September weekly calls.

Facebook (FB) 30-day option implied volatility is at 44; compared to its 52-week range of 21 to 82. Call put ratio 2.2 calls to 1 put.

EV Option Implied Volatility stays elevated

Tesla (TSLA) September weekly call option implied volatility is at 100; compared to its 52-week range of 34 to 154. Call put ratio 1.3 calls to 1 put.

Nikola (NKLA) 30-day option implied volatility is at 204; compared to its 52-week range of 66 to 304. Call put ratio 1 call to 2.2 puts.

Workhorse Group (WKHS) 30-day option implied volatility is at 168; compared to its 52-week range of 102 to 287. Call put ratio 1.6 calls to 1 put.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 31; compared to its 52-week range of 13 to 111. Call put ratio 1 call to 1.7 puts.

Metals trading lower

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 46; compared to its 52-week range of 22 to 158 as gold trades $1862. Call put ratio 2.7 calls to 1 put.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 47; compared to its 52-week range of 14 to 94. Call put ratio 2.4 calls to 1 put into Silver down 3% in Europe.

Option implied volatility for Lithium Stocks

Lithium Americas Corp (LAC) 30-day option implied volatility is at 127; compared to its 52-week range of 81 to 205. Call put ratio 2.5 calls to 1 put.

Livent Corporation (LTHM) 30-day option implied volatility is at 73; compared to its 52-week range of 52 to 153. Call put ratio 1.8 calls to 1 put.

Albemarle (ALB) 30-day option implied volatility is at 49; compared to its 52-week range of 28 to 98. Call put ratio 1.2 calls to 1 put.

Sociedad Quimica y Minera de Chile (SQM) 30-day option implied volatility is at 53; compared to its 52-week range of 31 to 123. Call put ratio 2.7 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Accenture (ACN) September weekly 230 straddle priced for a move of 5% into the expected release of quarter results before the bell on September 24.

CarMax (KMX) September weekly 106 straddle priced for a move of 11% into the expected release of quarter results today before the bell.

Costco (COST) September 345 straddle priced for a move of 4% into the expected release of quarter results today.

Darden Restaurants (DRI) October 90 straddle priced for a move of 12% into the expected release of quarter results today before the bell.

BlackBerry (BB) September weekly 5 straddle priced for a move of 13% into the expected release of quarter results today.

Jabil (JBL) September weekly 32.50 straddle priced for a move of 10% into the expected release of quarter results today before the bell.

Vail Resorts (MTN) October 230 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Options with decreasing option implied volatility: DOCU TGT ZM CRM CLVS SFIX
Increasing unusual option volume: NAV JBL HST ETM AMCX TCO KMX
Increasing unusual call option volume: FTAI AMCX JBL NAV MTDR ETM
Increasing unusual put option volume: ENB VTR BZUN KMX SABR GOGO SFIX XLC IAU
Popular stocks with increasing volume: ZM NKLA PTON AAL VALE PINS ROKU
Active options: AAPL TSLA ZM SNAP TWTR NKLA NKE NIO FB MSFT PTON AMD AMZN BAC AAL BA VALE PINS WFC ROKU
Global S&P Futures recently mixed in premarket, Nikkei down1.1%, DAX mixed, WTI Crude oil recently at $39.61, natural gas up 5.8%, gold at $1862 an ounce