Pre-Market IV Report January 22, 2024

Pre-Market IV Report January 22, 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: IRBT MOR MANU DWAC MSOS TTD M HLF XOP PLTR RILY

Stocks expected to have increasing option volume: UAL VZ TXN PG JNJ LOGI ZION GE ISRG LMT RTX RILY M SAVE

Option IV amid headlines

Macy’s (M) 30-day option implied volatility is at 64; compared to its 52-week range of 35 to 77. Call put ratio 2.3 calls to 1 put.

Spirit Airlines (SAVE) 30-day option implied volatility is at 195; compared to its 52-week range of 24 to 240.

Boeing (BA) 30-day option implied volatility is at 35; compared to its 52-week range of 21 to 41.

B. Riley Financial (RILY) 30-day option implied volatility is at 130; compared to its 52-week range of 41 to 201. Call put ratio 1 call to 2.4 puts on option volume of 52K contracts.

United Airlines (UAL) January weekly 39 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.

Zions Bancorp (ZION) January weekly 42 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Logitech (LOGI) February 95 straddle priced for a move of 10.50% into the expected release of quarter results today after the bell.

Johnson & Johnson (JNJ) January weekly 160 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 23.

Proctor & Gamble (PG) January weekly 148 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 23.

Netflix (NFLX) January weekly 482.5 straddle priced for a move of 8% into the expected release of quarter results after the bell on January 23.

Verizon (VZ) January weekly 39.50 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 23.

Texas Instruments (TXN) January weekly 172.50 straddle priced for a move of 6% into the expected release of quarter results after the bell on January 23.

General Electric (GE) January weekly 130 straddle priced for a move of 5% into the expected release of quarter results before the bell on January 23.

Halliburton (HAL) January weekly 34 straddle priced for a move of 5% into the expected release of quarter results before the bell on January 23.

Tesla (TSLA) January weekly 212.50 straddle priced for a move of 7% into the expected release of quarter results after the bell on January 24.

Movers

Super Micro Computer (SMCI) 30-day option implied volatility is at 84; compared to its 52-week range of 53 to 108. Option volume 368K contracts compares to 90 day average volume of 40K contracts.

Edwards Lifesciences (EW) 30-day option implied volatility is at 36; compared to its 52-week range of 20 to 72 with a focus on February calls.

O-I Glass (OI) 30-day option implied volatility is at 47; compared to its 52-week range of 27 to 47 with a focus on March 16 calls.

Talos Energy (TALO) 30-day option implied volatility is at 47; compared to its 52-week range of 29 to 63. Call put ratio 1 call to 11.5 puts with a focus on April 10 puts.

Options with decreasing option implied volatility: BITO HA ALLY DFS BK FAST SCHW VTRS JPM
Increasing unusual option volume: SATS PTEN VYM EVA IRBT DVY MCHI EWT RILY
Increasing unusual call option volume: MCHI VYM NICE IRBT CRH DB SRG DWAC RILY
Increasing unusual put option volume: RILY IRBT PTEN GGAL AUPH DWAC NAT COTY JBHT VKTX SPWR
Popular stocks with increasing volume: PYPL BABA COIN TSM NIO BAC BA INTC
Active options: TSLA NVDA AMD AAPL MARA PYPL META BABA MSFT AMZN SAVE SMCI COIN GOOGL TSM NIO BAC GOOG BA INTC

Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $73.50, natural gas down 5%, gold at $2022