Pre-Market IV Report January 2, 2024

Pre-Market IV Report January 2, 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: HUT APLS NFLX IBM IMGN UUP PRTA CYTK HES MANU TSLY AMLP BSX IMGN MAIN OCSL

Stocks expected to have increasing option volume: SMH SPY RUT QQQ IWM

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 22; compared to its 52-week range of 22 to 37.

Option IV as Bitcoin trades as Bitcoin trades above $45,000

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 166; compared to its 52-week range of 89 to 196.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 82; compared to its 52-week range of 55 to 104.

Riot Platforms (RIOT) 30-day option implied volatility is at 132; compared to its 52-week range of 84 to 144.

Coinbase (COIN) 30-day option implied volatility is at 87; compared to its 52-week range of 59 to 131.

Uranium stocks option IV into Western Japan earthquake

Cameco Corp. (CCJ) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 52.

Uranium Energy (UEC) 30-day option implied volatility is at 52; compared to its 52-week range of 41 to 75.

Denison Mines Corp. (DNN) 30-day option implied volatility is at 50; compared to its 52-week range of 43 to 106.

Energy Fuels Inc. (UUUU) 30-day option implied volatility is at 53; compared to its 52-week range of 41 to 97.

Centrus Energy (LEU) 30-day option implied volatility is at 48; compared to its 52-week range of 47 to 84.

Movers

Huntsman (HUN) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 74 with a focus on February 23 puts.

Hut 8 Mining Corp (HUT) 30-day option implied volatility is at 179; compared to its 52-week range of 91 to 175.

Travel + Leisure (TNL) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 89.

ADTRAN (ADTN) 30-day option implied volatility is at 46; compared to its 52-week range of 33 to 62 with focus on December 12 calls.

Bakkt Holdings, Inc. (BKKT) 30-day option implied volatility is at 180; compared to its 52-week range of 84 to 223. Call put ratio 31 calls to 1 put with focus on January 3.5 calls.

January straddle priced for a move of into EPS

Cal-Maine Foods (CALM) January 57.50 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on January 3.

Options with decreasing option implied volatility: SIRI CYTK NKE MULN EDR EWG
Increasing unusual option volume: FNGS CAN CRON ETRN CIFR ACI INDA
Increasing unusual call option volume: ETRN CAN INVZ ACI CIFR HIVE
Increasing unusual put option volume: FNGS PLL VNET NTES URBN BITF
Popular stocks with increasing volume: COIN NIO BABA SOFI PLTR PYPL INTC AFRM
Active options: TSLA NVDA MARA AMD AAPL AMZN COIN MSFT RIOT NIO META BABA SOFI PLTR PYPL FSR GOOGL UPST INTC AFRM
Global S&P Futures mixed in premarket, Nikkei mixed, DAX up 1%, WTI Crude oil recently at $72.80, natural gas up 4%, gold at $2083