Pre-Market IV Report September 6, 2024

Pre-Market IV Report September 6, 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 GME IEP EW CAG XLI TVTX UNIT BOWL CVI AEHR VSTS SATS SMAR

Stocks expected to have increasing option volume: AVGO NVDA INTC MBLY DOCU RH

Chip option IV amid headlines and August employment report

NVIDIA (NVDA) 30-day option implied volatility is at 53; compared to its 52-week range of 32 to 89 into share price lower before the bell.

Broadcom (AVGO) 30-day option implied volatility is at 50; compared to its 52-week range of 25 to 67 into share trading lower before the bell on quarter results and outlook. Call put ratio 1.1 calls to 1 put.

Mobileye (MBLY) 30-day option implied volatility is at 67; compared to its 52-week range of 34 to 95. Call put ratio 1 calls to 6 puts into Intel (INTC) said to explore sale of part of stake in Mobileye, Bloomberg reports.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 40; compared to its 52-week range of 22 to 59. Call put ratio 1.8 calls to 1 put.

Straddle prices into quarter results

Oracle (ORCL) September 13 weekly 142.50 straddle priced for a move of 8% into the expected release of quarter results after the bell on September 9.

Options active for Entertainment and Gaming into NFL 2024

Flutter Entertainment (FLUT) 30-day option implied volatility is at 34; compared to its 52-week range of 28 to 81. Call put ratio 9.9 calls to 1 put into NFL season.

DraftKings (DKNG) 30-day option implied volatility is at 49; compared to its 52-week range of 37 to 77. Call put ratio 3.4 calls to 1 put into NFL season.

Caesars (CZR) 30-day option implied volatility is at 47; compared to its 52-week range of 36 to 62 into NFL season.

MGM Resorts (MGM) 30-day option implied volatility is at 35; compared to its 52-week range of 26 to 47.

Las Vegas Sands (LVS) 30-day option implied volatility is at 32; compared to its 52-week range of 24 to 41.

Wynn Resorts (WYNN) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 49.

PENN Entertainment (PENN) 30-day option implied volatility is at 54; compared to its 52-week range of 37 to 82. Call put ratio 3.3 calls to 1 put into NFL season.

Movement

Casey’s General Stores (CASY) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 157 with a focus on September calls as share price up.

Roku (ROKU) 30-day option implied volatility is at 48; compared to its 52-week range of 40 to 89 with a focus on October 75 calls as share price up.

Bentley Systems Inc. (BSY) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 74 with a focus on 2600 contracts of February 55 calls trading.

Old Dominion Freight Line (ODFL) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 76 with a focus on September 180 puts as share price down.

Church & Dwight (CHD) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 40 with a focus on 2000 contracts of September 100 puts trading.

Yield Max (XOMO) 30-day option implied volatility is at 51; compared to its 52-week range of 18 to 64 with a focus on 1500 contracts of October 14 calls purchased.

Credo Technology Group Holding (CRDO) 30-day option implied volatility is at 59; compared to its 52-week range of 41 to 117 with a focus on 25K contracts of October 20 puts sold.

CVR Energy (CVI) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 84 with a focus on 8300 contracts of October 22.50 puts trading.

Options with decreasing option implied volatility: NVDL MDB GAP NVDX GTLB ASAN PSTG AI DELL OKTA LULU AFRM ZS DLTR DKS
Increasing unusual option volume: VSTS USFD GXO EWC PAYC FYBR APLD DLTR IAU CRDO CVI SMAR
Increasing unusual call option volume: VSTS FYBR PAYC WIX ALK APLD KBR URBN KMB
Increasing unusual put option volume: CRDO PAYC APLD DLTR ASHR MKC APA BEN BMRN
Popular stocks with increasing volume: AVGO DAL AAL INTC SOFI
Active options: NVDA TSLA AAPL AMZN NIO APA META AVGO DAL AMD AI AAL INTC ASTS APLD MARA MSTR PLTR GOOGL SOFI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $69.43, natural gas mixed, gold at $2547