Pre-Market IV Report December 21, 2023

Pre-Market IV Report December 21, 2023:

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: HE GS ZIM CYTK FLNC RILY MARA APLS UVIX IRBT BVN HPP MDRX GH DXC BEEM OPRA ODD ITCI GNW

Stocks expected to have increasing option volume: PARA WBF NFLX DIS CMCSA MU WDC MRVL ADI MCHP CTAS KMX PAYX WHR BB

Into the bell movers

Warner Bros. Discovery (WBD) 30-day option implied volatility is at 43; compared to its 52-week range of 37 to 68 after report on Paramount (PARA) merger talks.

Paramount (PARA) 30-day option implied volatility is at 58; compared to its 52-week range of 40 to 68 after report on Warner Bros. Discovery (WBD) merger talks. Call put ratio 3.3 calls to 1 put.

Straddle prices into quarter results

Nike (NKE) December weekly 121 straddle is priced for a move of 5.5% into the expected release of quarter results today after the bell.

Cintas (CTAS) January 555 straddle is priced for a move of 5.6% into the expected release of quarter results today before the bell.

Paychex (PAYX) January 130 straddle is priced for a move of 5.5% into the expected release of quarter results today before the bell.

CarMax (KMX) December weekly 75 straddle is priced for a move of 13% into the expected release of quarter results today before the bell.

Volume movers

Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 19; compared to its 52-week range of 16 to 67. Call put ratio 8.3 calls to 1 put with a focus on February and March options.

Ishares Msci Emerging Markets Etf (EEM) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 23. Call put ratio 1 call to 3.1 puts on 585K contracts.

Amneal Pharmaceuticals (AMRX) call put ratio 3100 calls to 2 put a focus on June 7.5 calls active.

Patterson-UTI Energy (PTEN) call put ratio 1 call to 98 puts with a focus on February 9 puts active.

Fluence Energy, Inc. (FLNC) 30-day option implied volatility is at 75; compared to its 52-week range of 51 to 121 on active volume of 17K contracts.

Liquidia Technologies (LQDA) 30-day option implied volatility is at 91; compared to its 52-week range of 34 to 134 on active volume of 25K contracts.

Options with decreasing option implied volatility: AYX PNT KVUE ASTS SAVA X LNTH QID JBL
Increasing unusual option volume: CAN MCHI ARGX PTEN INDA HIVE PLL LQDA NXT FLNC ALGM FDX LQDA FLNC PTEN AMRX
Increasing unusual call option volume: HIVE CAN REAL BTBT IJR LQDA CENX FDX GOTU
Increasing unusual put option volume: IVV IEF BLUE EWJ FDX ROIV URBN EXC UWMC JNK HA FND
Popular stocks with increasing volume: BAC SOFI BABA PLTR FDX NKLA NIO COIN PFE AFRM
Active options: TSLA NVDA AMD MSFT BAC SOFI BABA GOOG META PLTR FDX NKLA NIO COIN PFE AFRM
Active ETFs: SPY QQQ EEM FXI HYG SQQQ TLT TQQQ KWEB GLD EWZ SLV
Global S&P Futures mixed to higher in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $74.50, natural gas mixed, gold at $2046