Pre-Market IV Report May 19, 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: TSN SQM KR ORCL ISEE IRBT RAIN INOD SJT LFCR TSN ACAD FIVN PLTR QYLD CD SQM CMW ASND ALGM YELP ISEE
Stocks expected to have increasing option volume: ROST AMAT DE FL FTCH
Option IV low has bid tech trends higher
Apple (AAPL) 30-day option implied volatility is at 19; compared to its 52-week range of 19 to 45 into Apple WWDC 2023 on June 5.
NVIDIA (NVDA) 30-day option implied volatility is at 47; compared to its 52-week range of 40 to 75 into expected release of quarter results on May 24.
Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility is at 43; compared to its 52-week range of 40 to 69.
Micron Technology (MU) 30-day option implied volatility is at 37; compared to its 52-week range of 34 to 62.
Tesla (TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 45 to 96
Alphabet (GOOGL) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 47.
Microsoft (MSFT) 30-day option implied volatility is at 19; compared to its 52-week range of 19 to 43.
Netflix (NFLX) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 86 as shares trend higher.
Walt Disney (DIS) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 49.
ARK Innovation ETF (ARKK) 30-day option implied volatility is at 36; compared to its 52-week range of 36 to 82.
Technology Select Sector Spdr Fund (XLK) 30-day option implied volatility is at 18; compared to its 52-week range of 18 to 39.
Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 17; compared to its 52-week range of 17 to 37.
Spdr S&P Bank Etf (KBE) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 71.
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 44; compared to its 52-week range of 21 to 81.
Straddle prices into quarter results
Zoom (ZM) May weekly 70 straddle is priced for a move of 14% into the expected release of quarter results after the bell on May 22.
Lowe’s Cos. (LOW) May weekly 210 straddle is priced for a move of 5% into the expected release of quarter results before the bell on May 23.
Palo Alto (PANW) May weekly 190 straddle is priced for a move of 9% into the expected release of quarter results after the bell on May 23.
Dick’s Sporting Goods (DKS) May weekly 135 straddle is priced for a move of 8% into the expected release of quarter results before the bell on May 23.
Options with decreasing option implied volatility: SE HBAN STNE XP DWAC CMA IQ VLY ZION IEP WAL MCB SRPT
Increasing unusual option volume: ATUS BKLN INVZ RYAM GRAB HZNP KNX FYBR TTWO NNOX TTWO XFOR
Increasing unusual call option volume: GOOS IEP GRAB ICLN PAGP CPRT GRPN NNOX RMBS
Increasing unusual put option volume: TTWO BE SIRI AES ALGM GRAB KNX ALGM AES ICLN BKLN
Popular stocks increasing volume: MU AMC SNAP WMT UPST GOLD DIS SHOP
Active options: TSLA NVDA PLTR AMZN AMD AAPL NFLX BABA MSFT GOOGL META MU AMC GOOG SNAP WMT UPST GOLD DIS SHOP
Global S&P Futures mixed in premarket, Nikkei up 1.5%, DAX up 1%, WTI Crude oil recently at $72.20, natural gas mixed, gold at $1968
