Pre-Market IV Report June 16, 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: NWL APRN FGEN AUPH DOCN CVE HTZ CHGG FRO PR ETRN CRK SBSW GSM
Stocks expected to have increasing option volume: DAL MU SPOT NDAQ ADBE GS CVNA JKS SPCE DIS
Walt Disney (DIS) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 49 into CFO McCarthy to step down, Lansberry named interim CFO.
Option implied volatility for cybersecurity companies
Check Point (CHKP) 30-day option implied volatility is at 18; compared to its 52-week range of 18 to 50.
F5 Networks (FFIV) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 48.
Okta, Inc. (OKTA) 30-day option implied volatility is at 41; compared to its 52-week range of 40 to 94.
CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 40; compared to its 52-week range of 38 to 73.
Fortinet (FTNT) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 95.
Microsoft (MSFT) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 43.
CyberArk Software (CYBR) 30-day option implied volatility is at 41; compared to its 52-week range of 34 to 112.
Rapid7 (RPD) 30-day option implied volatility is at 73; compared to its 52-week range of 46 to 128. Call put ratio 26 calls to 1 put.
Palo Alto Networks (PANW) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 55.
Qualys (QLYS) 30-day option implied volatility is at 29; compared to its 52-week range of 29 to 56.
Tenable Holdings (TENB) 30-day option implied volatility is at 41; compared to its 52-week range of 34 to 112.
Zscaler (ZS) 30-day option implied volatility is at 45; compared to its 52-week range of 43 to 82.
Cloudflare (NET) 30-day option implied volatility is at 58; compared to its 52-week range of 53 to 104.
Twilio (TWLO) 30-day option implied volatility is at 53; compared to its 52-week range of 47 to 97.
Snowflake (SNOW) 30-day option implied volatility is at 54; compared to its 52-week range of 47 to 91 into Snowflake Summit 2023 live in Las Vegas, Nevada from June 26-29, 2023.
Salesforce (CRM) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 54.
Straddle prices into quarter results
FedEx (FDX) June weekly 237 straddle is priced for a move of 6% into the expected release of quarter results after the bell on June 20.
KB Home (KBH) July 50 straddle is priced for a move of 9% into the expected release of quarter results after the bell on June 21.
Winnebago (WGO) July 65 straddle is priced for a move of 12% into the expected release of quarter results before the bell on June 21.
Steelcase (SCS) July 7.5% straddle is priced for a move of 12% into the expected release of quarter results after the bell on June 21.
Options with decreasing option implied volatility: KR DOCU
Increasing unusual option volume: MKC JBL YELP JCI UA BKLN MRSN LBTYA
Increasing unusual call option volume: JCI LBTYA UA TRUP HPE NETI
Increasing unusual put option volume: PZZA GPN SBA BKLN MVIS TSN JBL
Popular stocks increasing volume: PLTR NIO INTC SOFI BABA AI UBER CVNA CCL ORCL
Active options: TSLA AAPL NVDA AMD MSFT NKLA PLTR NIO AMZN INTC SOFI BABA META AI UBER CVNA AMX CCL ORCL GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $70.50, natural gas up1%, gold at $1973
