Pre-Market IV Report January 29, 2024

Pre-Market IV Report January 29, 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: CART MANU HSBC IRBT FDMT IOVA ANVS DYN ARLP EHTH

Stocks expected to have increasing option volume: SMCI CLF NUE FFIV SOFI WHR CR MSFT GOOG GOOGL MSFT AMD

Option IV FOMC and employment report

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 11; compared to its 52-week range of 10 to 24 into FOMC meeting next week on January 30 with a policy decision on January 31.

Option IV into Senate Judiciary Committee hearing

Meta Platforms (META) 30-day option implied volatility is at 39; compared to its 52-week range of 24 to 60 into Senate Judiciary Committee hearing on January 31.

Snap (SNAP) 30-day option implied volatility is at 90; compared to its 52-week range of 41 to 116 into Senate Judiciary Committee hearing on January 31.

Volume Movers

Telephone & Data Systems (TDS) 30-day option implied volatility is at 103; compared to its 52-week range of 34 to 118. Call put ratio 2.8 calls to 1 put on option volume of 23K contracts.

U.S. Cellular (USM) 30-day option implied volatility is at 97; compared to its 52-week range of 35 to 132. Call put ratio 148 calls to 1 put on 21K contracts.

Straddle price into quarter results

Microsoft (MSFT) February weekly 405 straddle priced for a move of 5% into the expected release of quarter results after the bell on January 30.

Alphabet (GOOG) February weekly 155 straddle priced for a move of 5% into the expected release of quarter results after the bell on January 30.

Advanced Micro Devices (AMD) February weekly 177 straddle priced for a move of 9% into the expected release of quarter results after the bell on January 30.

Danaher (DHR) February weekly 232 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on January 30.

Pfizer (PFE) February weekly 27.50 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on January 30.

United Parcel Service (UPS) February weekly 159 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on January 30.

Stryker (SYK) February 310 straddle priced for a move of 5% into the expected release of quarter results after the bell on January 30.

Starbucks (SBUX) February weekly 93 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on January 30.

Mondelez (MDLZ) February weekly straddle priced for a move of % into the expected release of quarter results after the bell on January 30.

Chubb (CB) February 240 straddle priced for a move of 4% into the expected release of quarter results after the bell on January 30.

Canadian Pacific (CP) February 80 straddle priced for a move of 5% into the expected release of quarter results after the bell on January 30.

Marathon Petroleum (MPC) February weekly 160 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on January 30.

General Motors (GM) February weekly 35 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on January 30.

Sysco (SYY) February 75 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on January 30.

Electronic Arts (EA) February weekly 139 straddle priced for a move of 5% into the expected release of quarter results after the bell on January 30.

Corning (GLW) February weekly 31 straddle priced for a move of 5% into the expected release of quarter results before the bell on January 30.

Match Group (MTCH) February weekly 38 straddle priced for a move of 11% into the expected release of quarter results after the bell on January 30.

Polaris (PII) February 90 straddle priced for a move of 9% into the expected release of quarter results before the bell on January 30.

Movers

Archer Daniels Midland (ADM) 30-day option implied volatility is at 32; compared to its 52-week range of 17 to 43 into FY23 adjusted EPS guidance.

AppFolio (APPF) 30-day option implied volatility is at 37; compared to its 52-week range of 30 to 80. Call put ratio 1 call to 2.3 puts with a focus on February puts.

Aptiv (APTV) 30-day option implied volatility is at 40; compared to its 52-week range of 24 to 89. Call put ratio 5.4 calls to 1 put with focus on February 82.50-90 call spread.

Universal Technical Institute (UTI) 30-day option implied volatility is at 65; compared to its 52-week range of 25 to 56. Call put ratio 3.2 calls to 1 puts.

Agilon Health Inc. (AGL) 30-day option implied volatility is at 62; compared to its 52-week range of 35 to 92. Call put ratio 1 call to 48 puts amid active spreader of January 7.5 and 12.5 puts.

Huntsman (HUN) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 74 amid active March 22 puts.

Options with decreasing option implied volatility: IOVA NFLX XOP EDU STX WDC UAL XRX LUV
Increasing unusual option volume: REI AVTR AMSC DWAC TDC IRWD BFH USM
Increasing unusual call option volume: AMSC AVTR DWAC RUM TDS PAGP USM
Increasing unusual put option volume: BFH IOVA DWAC BKR ALGM LEVI IBRX
Popular stocks with increasing volume: AAL IBM BABA LVS
Active options: TSLA NVDA AMD INTC AMZN NFLX MARA AAPL SOFI PYPL COIN MSFT META SAVE AAL GOOGL BA BABA RIOT IBM
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $78.50, natural down up 2%, gold at $2031