Pre-Market IV Report March 17, 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: SAND GEO STWD SCHW KRE LNC BCS ALT KEY FITB NYCB KRE TFC SCHW ABR HBAN ALLY RF DB CS LNC
Stocks expected to have increasing option volume: XPEV FDX UPS PCG GRPN MARA SRPT OKTA DBD X FRC
Bank option IV
JPMorgan (JPM) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 44.
Wells Fargo (WFC) 30-day option implied volatility is at 43; compared to its 52-week range of 22 to 49.
Bank of America (BAC) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 48.
Citigroup (C) 30-day option implied volatility is at 42; compared to its 52-week range of 23 to 51.
Goldman Sachs (GS) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 44.
Morgan Stanley (MS) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 46.
U.S. Bancorp (USB) 30-day option implied volatility is at 50; compared to its 52-week range of 20 to 59.
KeyCorp (KEY) 30-day option implied volatility is at 83; compared to its 52-week range of 24 to 187.
Truist (TFC) 30-day option implied volatility is at 69; compared to its 52-week range of 23 to 113.
M&T Bank Corp. (MTB) 30-day option implied volatility is at 50; compared to its 52-week range of 22 to 80.
PNC Financial (PNC) 30-day option implied volatility is at 47; compared to its 52-week range of 22 to 48.
Charles Schwab (SCHW) 30-day option implied volatility is at 69; compared to its 52-week range of 26 to 104.
First Republic Bank (FRC) 30-day option implied volatility is at 268; compared to its 52-week range of 24 to 407.
Comerica (CMA) 30-day option implied volatility is at 83; compared to its 52-week range of 26 to 163.
Northern Trust (NTRS) 30-day option implied volatility is at 44; compared to its 52-week range 22 to 48.
Zions Bancorp (ZION) 30-day option implied volatility is at 93; compared to its 52-week range of 27 to 149.
Bank OZK (OZK) 30-day option implied volatility is at 65; compared to its 52-week range of 24 to 96.
Bank of New York (BK) 30-day option implied volatility is at 47; compared to its 52-week range of 20 to 52.
State Street (STT) 30-day option implied volatility is at 47; compared to its 52-week range of 26 to 89.
Regions Financial (RF) 30-day option implied volatility is at 62; compared to its 52-week range of 24 to 122.
Citizens Financial Group (CFG) 30-day option implied volatility is at 58; compared to its 52-week range of 23 to 90.
Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 159; compared to its 52-week range of 30 to 398.
East-West Bancorp (EWBC) 30-day option implied volatility is at 75; compared to its 52-week range of 23 to 147.
Huntington Bancshares (HBAN) 30-day option implied volatility is at 69; compared to its 52-week range of 20 to 93.
Pacwest Bancorp (PACW) 30-day option implied volatility is at 207; compared to its 52-week range of 28 to 334.
Fifth Third Bancorp (FITB) 30-day option implied volatility is at 68; compared to its 52-week range of 24 to 108.
BankUnited (BKU) 30-day option implied volatility is at 135; compared to its 52-week range of 27 to 136.
Credit Suisse (CS) 30-day option implied volatility is at 197; compared to its 52-week range of 30 to 301.
Deutsche Bank (DB) 30-day option implied volatility is at 60; compared to its 52-week range of 25 to 69.
Barclays plc (BCS) 30-day option implied volatility is at 64; compared to its 52-week range of 24 to 84.
UBS AG (UBS) 30-day option implied volatility is at 54; compared to its 52-week range of 19 to 63.
HSBC Holdings (HSBC) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 40.
Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 31; compared to its 52-week range of 17 to 37.
Spdr S&P Bank Etf (KBE) 30-day option implied volatility is at 53; compared to its 52-week range of 21 to 71.
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 62; compared to its 52-week range of 21 to 81.
Apollo Global Management (APO) 30-day option implied volatility is at 48; compared to its 52-week range of 32 to 59.
Blackstone (BX) 30-day option implied volatility is at 52; compared to its 52-week range of 36 to 60.
The Carlyle Group (CG) 30-day option implied volatility is at 44; compared to its 52-week range of 31 to 99.
KKR & Co. (KKR) 30-day option implied volatility is at 46; compared to its 52-week range of 33 to 56.
Option IV, WTI Crude oil trades below $69
United States Oil Fund (USO) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 70 as WTI Crude oil trades below $69.
Halliburton (HAL) 30-day option implied volatility is at 51; compared to its 52-week range of 37 to 63.
SLB (SLB) 30-day option implied volatility is at 47; compared to its 52-week range of 34 to 61.
Foot Locker (FL) 30-day option implied volatility is at 62; compared to its 52-week range of 36 to 88 into an investor day event and Q4 2022 Financial Results on March 20.
FedEx (FDX) 30-day option implied volatility is at 40; compared to its 52-week range of 25 to 56 into a DRIVE Program update on April 5.
Tilray, Inc. (TLRY) 30-day option implied volatility is at 92; compared to its 52-week range of 67 to 162. Call put ratio 9 calls to 1 put with focus on March 2.5 and 3 calls.
Sarepta Therapeutics (SRPT) 30-day option implied volatility is at 44; compared to its 52-week range of 39 to 74 into disclosing FDA AdCom meeting to be held for SRP-9001.
Straddle prices into quarter results
PDD Holdings (PDD) March 95 straddle priced for a move of 14% into the expected release of quarter results before the bell on March 20.
Foot Locker (FL) March 43 straddle priced for a move of 12% into the expected release of quarter results before the bell on March 20.
Nike (NKE) March 120 straddle priced for a move of 8% into the expected release of quarter results after the bell on March 21.
Options with decreasing option implied volatility: ULTA ORCL DG DOCU STNE PCT S
Increasing unusual option volume: SCHW FITB CS LPSN ZION DPST CS XP CMA FCR RWM KEY HBAN
Increasing unusual call option volume: KRE MAT XP DPST KRE CS KEY CMA IMGN SCHW ICLN CHLS FCR
Increasing unusual put option volume: USB SCHW CS HBAN CS PCT WB TFC URA FCR MAC KEY XP VNO SCHW FITB
Popular stocks increasing options volume: CS FRC INTC AMC SCHW SNAP NFLX BBBY C JPM
Active options: TSLA AMZN NVDA AMD AAPL MSFT META BAC GOOGL CS GOOG FRC INTC AMC SCHW SNAP NFLX BBBY C JPM
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $69, natural gas mixed, gold at $1935
