Pre-Market IV Report June 28, 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: HZNP DPZ BAX CMG AMZN ALGN META SPOT TDOC OSTK UBS TMO RAD NKE MU GLW XPOF SSYS HA GIS HOG
Stocks expected to have increasing option volume: NVDA AVGO INTC AMD SMH QCOM MU SPR NKE GIS BB FUL
Banks option implied volatility into Fed’s stress test results to be published
Capital One Financial (COF) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 54 into Fed’s stress test results to be published today after the bell.
KeyCorp (KEY) 30-day option implied volatility is at 49; compared to its 52-week range of 24 to 187.
Truist (TFC) 30-day option implied volatility is at 38; compared to its 52-week range of 23 to 114 into Fed’s stress test results to be published today after the bell.
Comerica (CMA) 30-day option implied volatility is at 55; compared to its 52-week range of 26 to 163.
Zions Bancorp (ZION) 30-day option implied volatility is at 58; compared to its 52-week range of 27 to 202 into Fed’s stress test results to be published today after the bell.
Bank OZK (OZK) 30-day option implied volatility is at 41; compared to its 52-week range of 24 to 105.
State Street (STT) 30-day option implied volatility is at 32; compared to its 52-week range of 26 to 91 into Fed’s stress test results to be published today after the bell.
Regions Financial (RF) 30-day option implied volatility is at 37; compared to its 52-week range of 24 to 122.
Huntington Bancshares (HBAN) 30-day option implied volatility is at 36; compared to its 52-week range of 20 to 106 into Fed’s stress test results to be published today after the bell.
Fifth Third Bancorp (FITB) 30-day option implied volatility is at 34; compared to its 52-week range of 24 to 108.
Bank of New York (BK) 30-day option implied volatility is at 26; compared to its 52-week range of 20 to 95.
Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 15; compared to its 52-week range of 15 to 37 into Fed’s stress test results to be published today after the bell.
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 37; compared to its 52-week range of 21 to 81.
CBRE Group (CBRE) 30-day option implied volatility is at 22; compared to its 52-week range of 22 to 85
Option IV into Biden administration mulls new curbs on AI chip exports to China, WSJ reports
NVIDIA (NVDA) 30-day option implied volatility is at 41; compared to its 52-week range of 39 to 68 into Biden administration mulls new curbs on AI chip exports to China, WSJ reports.
Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility is at 43; compared to its 52-week range of 40 to 69.
Intel (INTC) 30-day option implied volatility is at 42; compared to its 52-week range of 27 to 59 into Biden administration mulls new curbs on AI chip exports to China, WSJ reports.
Broadcom (AVGO) 30-day option implied volatility is at 28; compared to its 52-week range of 23 to 56.
Qualcomm (QCOM) 30-day option implied volatility is at 30; compared to its 52-week range of 28 to 58.
Micron Technology (MU) 30-day option implied volatility is at 44; compared to its 52-week range of 34 to 58 into Biden administration mulls new curbs on AI chip exports to China, WSJ reports and quarter results.
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 25; compared to its 52-week range of 25 to 49 into Biden administration mulls new curbs on AI chip exports to China, WSJ reports.
Straddle prices into quarter results
Micron (MU) June weekly 67 straddle is priced for a move of 7% into the expected release of quarter results today after the bell.
BlackBerry (BB) June weekly 5 straddle is priced for a move of 14% into the expected release of quarter results today after the bell.
Nike (NKE) June weekly 113 straddle is priced for a move of 6% into the expected release of quarter results after the bell on June 29.
Rite Aid (RAD) June weekly 1.5 straddle is priced for a move of 25% into the expected release of quarter results before the bell on June 29.
Paychex (PAYX) July 110 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on June 29.
McCormick & Company (MKC) July 95 straddle is priced for a move of 6% into the expected release of quarter results before the bell on June 29.
Constellation Brands (STZ) June weekly 245 straddle is priced for a move of 4% into the expected release of quarter results before the bell on June 30.
Options with decreasing option implied volatility: FDX CCL KBH DRI WBA CAN FDX SRPT KMX
Increasing unusual option volume: JNPR IGT TDW WPC LBTYA RIDE TMC HA XPO
Increasing unusual call option volume: TCOM XPO RIDE HEAR JNPR WPC LBTYA TMC SIRI CLNE
Increasing unusual put option volume: WBA RAD RIDE AZUL FREY BMEA SIMO AKAM
Popular stocks increasing volume: CCL AMC NIO COIN PLTR AAL INTC SOFI WBA U
Active options: TSLA NVDA AAPL AMZN AMD META GOOGL MSFT MARA CCL AMC NIO COIN PLTR AAL INTC SOFI WBA U GOOG
Global S&P Futures mixed in premarket, Nikkei up 2%, DAX mixed, WTI Crude oil recently at $68, natural gas up 1.5%, gold at $1919
