Pre-Market IV Report April 23, 2024

Pre-Market IV Report April 23, 2024

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Pre-Market IV Report April 23, 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: MANU NVDL NVDA TGT ROST BITI INMB AGTI PANW ELF KMX ROST WB WEAT HAYW URBN CTLT TH TJX

Stocks expected to have increasing option volume: TSLA V FCX PEP GE RTX FI SPOT GM UPS TXN DHR CLF ARKK CPRI TPR HIBB

Option IV into quarter results

Tesla (TSLA) April weekly 142 straddle priced for a move of 9.5% into the expected release of quarter results today after the bell.

Meta Platforms (META) April weekly 480 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on April 24.

IBM (IBM) April weekly 180 straddle priced for a move of 6% into the expected release of quarter results after the bell on April 24.

ServiceNow (NOW) April weekly 720 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on April 24.

Lam Research (LRCX) April weekly 870 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on April 24.

AT&T (T) April weekly 16 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on April 24.

Boeing (BA) April weekly 170 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 24.

Chipotle (CMG) April weekly 2885 straddle priced for a move of 7% into the expected release of quarter results after the bell on April 24.

Ford (F) April weekly 13 straddle priced for a move of 7% into the expected release of quarter results before the bell on April 24.

Movers

Hibbett Sports (HIBB) 30-day option implied volatility is at 45; compared to its 52-week range of 36 to 92 into Hibbett to be acquired by JD Sports Fashion for $87.50 per share in cash. Call put ratio 37 calls to 1 put with focus on May 80 calls.

AZZ, Inc. (AZZ) 30-day option implied volatility is at 33; compared to its 52-week range of 18 to 40. Call put ratio 4.6 calls to 1 put as share price up.

Tronox (TROX) 30-day option implied volatility is at 45; compared to its 52-week range of 30 to 89. Call put ratio 4.1 calls to 1 put as share price up.

Guardant Health (GH) 30-day option implied volatility is at 74; compared to its 52-week range of 44 to 130. Call put ratio 30 calls to 1 put with focus on June 20 calls as share price up.

Cardinal Health (CAH) 30-day option implied volatility is at 30; compared to its 52-week range of 15 to 31 on active option volume of 7K contracts.

NRG Energy (NRG) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 87 on active options volume of 25K contracts.

Criteo S.A. (CRTO) 30-day option implied volatility is at 48; compared to its 52-week range of 22 to 48. May 35 calls, May 40 calls, June 35 and May 35 calls active.

WestRock (WRK) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 76. Call put ratio 11 calls to 1 put with focus on May 50 calls.

WillScot Mobile Mini Holdings (WSC) 30-day option implied volatility is at 42; compared to its 52-week range of 22 to 75. Call put ratio 2 call to put with focus on May 40 calls.

Options with decreasing option implied volatility: CGC NFLX AGQ ABR ISRG UAL SLG ALK TSM UNH IEP ALLY BK OZK
Increasing unusual option volume: SGMO MGA MTTR IPG HUYA WSC
Increasing unusual call option volume: IGV SGMO HUYA MTTR DXJ PAGP QRVO
Increasing unusual put option volume: NRG EVGO TD GSK FYBR LYV SBSW CORT CLS
Popular stocks with increasing volume: PLTR BAC AMC F TSM PFE ARM MSFT C VZ
Active options: TSLA NVDA AAPL AMD AMZN MARA PLTR RIOT BAC AMC F TSM META PFE NFLX ARM MSFT C VZ GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $82, natural gas mixed, gold at $2307

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