Pre-Market IV Report May 16, 2024

Pre-Market IV Report May 16, 2024

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Pre-Market IV Report May 16, 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: BKKT NVAX CNQ ABR ADBE ORCL ACI EDR HCP RITM MGNI JMIA MSTR LSPD AS BCRX NMRK IEP KOS DOCS OSPN UNFI GDRX HA OCSL SMCI JOBY EXEL AMBC AMC GME

Stocks expected to have increasing option volume: WMT CSCO AMAT DE JD BIDU RILY TTWO IQ GOOS INFN PTON CB AMC GME HON

Chubb Corp. (CB) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 67 into Berkshire Hathaway takes new position in Chubb. Call put ratio 13 calls to 1 put.

Peloton (PTON) 30-day option implied volatility is at 91; compared to its 52-week range of 67 to 125 into taps JPMorgan for $850M loan sale to tackle debt – Bloomberg.

Honeywell (HON) 30-day option implied volatility is at 13; compared to its 52-week range of 13 to 26. Call put ratio 12 calls to 1 put on 17K contracts with focus short duration expiring May calls.

Telephone & Data Systems (TDS) 30-day option implied volatility is at 61; compared to its 52-week range of 37 to 123. Call put ratio 4.4 calls to 1 put.

U.S. Cellular (USM) 30-day option implied volatility is at 57; compared to its 52-week range of 40 to 132. Call put ratio 4.2 calls to 1 put.

Straddle prices into quarter results

Walmart (WMT) May 60 straddle priced for a move of 4% into the expected release of quarter results today before the bell.

Applied Materials (AMAT) May 210 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Deere (DE) May 415 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.

JD.com (JD) May 33.50 straddle priced for a move of 9% into the expected release of quarter results today before the bell.

Take Two (TTWO) May 148 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Under Armour (UAA) May 7 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Canadian Goose (GOOS) May straddle 11.50 priced for a move of 14% into the expected release of quarter results today before the bell.

RLX Tech (RLX) May 2 straddle priced for a move of 20% into the expected release of quarter results before the bell on May 17.

Movers

GameStop (GME) 30-day option implied volatility is at 323; compared to its 52-week range of 52 to 347. Call put ratio 1.4 calls to 1 put.

AMC Entertainment (AMC) 30-day option implied volatility is at 278; compared to its 52-week range of 73 to 573. Call put ratio 1.6 calls to 1 put.

Albemarle (ALB) 30-day option implied volatility is at 43; compared to its 52-week range of 31 to 66. Call put ratio 1 call to 1.2 puts on 14K contracts.

Global Net Lease (GNL) 30-day option implied volatility is at 41; compared to its 52-week range of 20 to 88 amid active May 7.5 calls.

Perrigo (PRGO) 30-day option implied volatility is at 29; compared to its 52-week range of 16 to 80 amid active May 30 and August 32.50 calls.

Nevro (NVRO) 30-day option implied volatility is at 71; compared to its 52-week range of 36 to 82 amid active December 10 and January 20 puts.

Starwood Property Trust (STWD) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 76. Call put ratio 6.9 calls to 1 put.

Options with decreasing option implied volatility: AAOI OKLO CYTK SG CDLX FOUR YETI FVRR FROG BMBL ACB RBLX U GRPN SE SEDG APP AKAM
Increasing unusual option volume: BYD FFIE NFE GSK MCHI BXSL MRNS
Increasing unusual call option volume: GSK FFIE MCHI DUK PRGO UL ABR SAP ZI HSY
Increasing unusual put option volume: GPN NFE DLO GOOS GRAB BB COR OKLO MNDY GME
Popular stocks with increasing volume: INTC DIS SOFI PLTR BABA
Active options: TSLA NVDA AMC AAPL AMZN GME AMD FFIE INTC NIO SMCI MSFT MARA GOOGL META BB DIS SOFI PLTR BABA
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $79, natural gas mixed, gold at $2394

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