Pre-Market IV Report September 7, 2021

Pre-Market IV Report September 7, 2021

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: VIH IPOF IRNT ORCL NKE MILE FFIE IRNT HUT SPRT

Stocks expected to have increasing option volume: AA GME LULU ADI

Amazon (AMZN) 30 day option implied volatility is at 20; compared to its 52-week range of 19 to 55 into Morgan Stanley believes an Amazon branded TV equipped with Alexa could help the company expand its retail and advertising leadership position.

Merck (MRK) 30 day option implied volatility is at 16; compared to its 52-week range of 16 to 35.

Option implied volatility for industrial metal stocks as aluminum at decade high

Alcoa (AA) 30 day option implied volatility is at 52; compared to its 52-week range of 50 to 74.

Arconic (ARNC) 30 day option implied volatility is at 42; compared to its 52-week range of 35 to 72.

Nucor (NUE) 30 day option implied volatility is at 39; compared to its 52-week range of 30 to 48.

Steel Dynamics (STLD) 30 day option implied volatility is at 39; compared to its 52-week range of 36 to 50.

U.S. Steel (X) 30 day option implied volatility is at 57; compared to its 52-week range of 55 to 108.

ArcelorMittal (MT) 30 day option implied volatility is at 41; compared to its 52-week range of 38 to 77.

TimkenSteel (TMST) 30 day option implied volatility is at 66; compared to its 52-week range of 8 to 208.

Century Aluminum (CENX) 30 day option implied volatility is at 65; compared to its 52-week range of 58 to 108.

Constellium (CSTM) 30 day option implied volatility is at 44; compared to its 52-week range of 43 to 179.

Kaiser Aluminum (KALU) 30 day option implied volatility is at 45; compared to its 52-week range of 39 to 58.

Vale S.A. (VALE) 30 day option implied volatility is at 35; compared to its 52-week range of 30 to 88.

Rio Tinto plc (RIO) 30 day option implied volatility is at 27; compared to its 52-week range of 27 to 43.

Freeport-McMoran (FCX) 30 day option implied volatility is at 41; compared to its 52-week range of 41 to 64.

BHP Billiton Ltd. (BHP) 30 day option implied volatility is at 26; compared to its 52-week range of 25 to 50.

Straddle prices into quarter results this week

Coupa Software (COUP) September weekly 260 straddle priced for a move of +/- 7.5% into the expected release of quarter results after the bell on September 7

FuelCell (FCEL) September weekly 6 straddle priced for a move of +/- 12% into the expected release of quarter results on September 8.

GameStop (GME) September weekly 202 straddle priced for a move of +/- 17% into the expected release of quarter results after the bell on September 8

Lululemon Atheletica (LULU) September weekly 387 straddle priced for a move of +/- 7% into the expected release of quarter results after the bell on September 8.

National Beverage (FIZZ) September 45 straddle priced for a move of +/- 11% into the expected release of quarter results on September 8.

Oracle (ORCL) September weekly 90 straddle priced for a move of +/- 2.5% into the expected release of quarter results after the bell on September 9.

RH (RH) September weekly 680 straddle priced for a move of +/- 10.5% into the expected release of quarter results after the bell on September 9.

Affirm Holdings (AFRM) September 95 straddle priced for a move of +/- 13% into the expected release of quarter results after the bell on September 9.

Zscaler (ZS) September weekly 287 straddle priced for a move of +/- 10% into the expected release of quarter results after the bell on September 9.

Kroger (KR) September weekly 46.50 straddle priced for a move of +/- 5.5% into the expected release of quarter results before the bell on September 9.

Options with decreasing option implied volatility: PINS ZEV VALE PDD FBRX
Increasing unusual option volume: KPLT VIH MILE LIDR
Increasing unusual call option volume: VIH MILE KPLT FBRX
Increasing unusual put option volume: KPLT MILE ENB FBRX JOBY
Popular stocks with increasing volume: PLTR CCL PFE MRNA F ROKU SPCE
Active options: TSLA AAPL NVDA CCJ AMC AMZN BBIG NIO BABA PLTR CCL CLOV PFE MRNA F DOCU ROKU LCID SPCE
Global S&P Futures recently mixed in premarket, Nikkei up 2%, DAX mixed, WTI Crude oil recently at $68.82, natural gas mixed, gold at $1817 an ounce