Pre-Market IV Report May 21, 2024

Pre-Market IV Report May 21, 2024

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Pre-Market IV Report May 21, 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 ASTS HIMS JMIA AGQ SLV CAN KR VFS DUST URGN FRSH KOLD SSRM MARA BEEM AGQ YMM CAN TCOM XP ERO GTES GOOS

Stocks expected to have increasing option volume: PANW ZM LOW TCOM PTON T ARES DJT AZO TOL M XPEV NVDA PDD SNOW NKLA

Straddle prices into quarter results

NVIDIA (NVDA) May weekly 950 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 22.

PDD Holding (PDD) May weekly 147 straddle priced for a move of 10% into the expected release of quarter results before the bell on May 22.

Snow Flake (SNOW) May weekly 165 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 22.

TJX (TJX) May weekly 98 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 22.

Analog Devices (ADI) May weekly 217 straddle priced for a move of 4% into the expected release of quarter results before the bell on May 22.

Synopsys (SNPS) June 570 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on May 22.

e.l.f. Beauty (ELF) May weekly 155 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 22.

Vipshop (VIPS) June 16 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 22.

V.F. Corp (VFC) May weekly 12.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 22.

Williams-Sonoma (WSM) June 320 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 22.

Target (TGT) May weekly 157.50 straddle priced for a move of 7.5% into the expected release of quarter results on May 22.

Options into events

Microsoft (MSFT) 30-day option implied volatility is at 17; compared to its 52-week range of 17 to 35 into Build conference.

Ares Management (ARES) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 72 into hosting a investor day this morning.

AT&T (T) 30-day option implied volatility is at 15; compared to its 52-week range of 15 to 38 into company says ‘on track’ to meet FY24 guidance. Today AT&T’s chief executive officer, where he will cover recent progress on the company’s multiyear growth strategy.

Wix.com (WIX) 30-day option implied volatility is at 34; compared to its 52-week range of 33 to 98 on active option volume of 19K contracts as share price up.

Hims & Hers Health, Inc. (HIMS) 30-day option implied volatility is at 87; compared to its 52-week range of 39 to 114. Call put ratio 3.4 calls to 1 put with focus on May weekly calls as share price up.

CF Industries (CF) 30-day option implied volatility is at 24; compared to its 52-week range of 22 to 42. Call put ratio 2.8 calls to 1 put as share price up 2.7%.

Impinj (PI) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 104.

Illumina (ILMN) 30-day option implied volatility is at 41; compared to its 52-week range of 31 to 69. Call put ratio 1 call to 8 puts with focus on June weekly (28) 95 puts.

Old Dominion Freight Line (ODFL) 30-day option implied volatility is at 27; compared to its 52-week range of 25 to 77. Call put ratio 1 call to 1.9 puts as share price down.

NextDecade (NEXT) 30-day option implied volatility is at 52; compared to its 52-week range of 37 to 179. Call put ratio 7.7 calls to 1 put with focus on June 8 calls as share price up.

The AZEK Company Inc. (AZEK) 30-day option implied volatility is at 28; compared to its 52-week range of 27 to 77. Call put ratio 1 call to 9.2 puts with focus on June 45 puts.

Sprout Social (SPT) 30-day option implied volatility is at 57; compared to its 52-week range of 44 to 94 as share price up amid Reuter headlines.

U.S. Steel (X) 30-day option implied volatility is at 33; compared to its 52-week range of 10 to 53.

International Paper Company (IP) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 42.

Larimar Therapeutics (LRMR) 30-day option implied volatility is at 89; compared to its 52-week range of 47 to 259 into FDA removed a partial clinical hold following review of Phase 2 dose exploration study data.

Peloton (PTON) 30-day option implied volatility is at 86; compared to its 52-week range of 67 to 125 into launching a major global refinancing plan.

Options with decreasing option implied volatility: NVAX OKLO RILY LQDA CYTK DT BITI SE ONON UAA MPW STNE RUM STNE NXT NU
Increasing unusual option volume: INVZ FFIE BNED UAA WIX PAGS ASTS NEXT
Increasing unusual call option volume: FFIE PAGS TNDM WIX ALGM REI ISNM ASTS GTHX
Increasing unusual put option volume: OKLO UAA HIMS WIX PSEC ASTS TD AG ODFL CMA TUP FTAI NANOS AON GMEDKS GSK CEIX DLR
Popular stocks with increasing volume: HOOD INTC JPM BABA CCL COIN
Active options: TSLA AAPL AMD MARA AMC GME AMZN FFIE HOOD MSFT INTC PLTR HIMS JPM GOOGL BABA META CCL COIN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79, natural gas mixed, gold at $2419

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