Pre-Market IV Report May 22, 2024

Pre-Market IV Report May 22, 2024

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Pre-Market IV Report May 22, 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: ACN KR IMCR NVDA ADI BE GH FWRD BKKT IP PRMW SAND DNUT CPRI GLW TWO BKLN

Stocks expected to have increasing option volume: NVDA TGT URBN TOL WSM SNOW PDD ADI SNPS ELF VIPS CAE TJX VFC

Straddle prices into quarter results

NVIDIA (NVDA) May weekly 955 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Snow Flake (SNOW) May weekly 162.5 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 22.

Target (TGT) May weekly 155 straddle priced for a move of 7.5% into the expected release of quarter results today before the bell.

Intuit (INTU) May weekly 667 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on May 23.

Medtronic (MDT) May weekly 85 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 23.

Workday (WDAY) May weekly 260 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 23.

NetEase (NETS) May weekly 99 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 23.

Autodesk (ADSK) May weekly 220 straddle priced for a move of 4% into the expected release of quarter results on May 23.

Ross Store (ROST) May weekly 132 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on May 23.

Deckers Outdoor (DECK) June 900 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 23.

Ralph Lauren (RL) June straddle priced for a move of 10% into the expected release of quarter results before the bell on May 23.

BJ’s Wholesale Club (BJ) June 80 straddle priced for a move of 8% into the expected release of quarter results before the bell on May 23.

RH (RH) May weekly 275 straddle priced for a move of 5% into the expected release of quarter results on May 23.

Movement

SharkNinja (SN) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 66. Call put ratio 6.7 calls to 1 put.

CAE, Inc. (CAE) 30-day option implied volatility is at 31; compared to its 52-week range of 19 to 47.

Lam Research (LRCX) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 45 as share price up.

Cameco Corp. (CCJ) 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 52. Call put ratio 5.9 calls to 1 put with focus on June 53 and December 60 calls.

Keysight Technologies (KEYS) 30-day option implied volatility is at 19; compared to its 52-week range of 18 to 66 as share price down 8.9%.

Eagle Materials (EXP) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 77 as share price down 6%.

Huntsman (HUN) 30-day option implied volatility is at 19; compared to its 52-week range of 20 to 74 with a focus on June 24 puts.

Consumer Disc Sel Spdr Fd (XLY) 30-day option implied volatility is at 14; compared to its 52-week range of 14 to 27 with a focus on July 165 and 175 puts.

Knight-Swift Transportation (KNX) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 80 with a focus on August 55 and 70 calls.

Ultragenyx Pharma (RARE) 30-day option implied volatility is at 39; compared to its 52-week range of 35 to 108 with a focus on January 55 and 70 calls.

Options with decreasing option implied volatility: LQDA OKLO NVAX RILY CGC BYND
Increasing unusual option volume: FFIE HUN KNX GTHX FULC
Increasing unusual call option volume: TNDM FFIE PZZA GTHX INSM CRBG
Increasing unusual put option volume: CHPT ASTS URBN VIPS WIX HLF TD
Popular stocks with increasing volume: WBD PANW BABA PDD XPEV COIN JPM
Active options: TSLA AAPL NVDA AMZN MSFT AMC AMD WBD PANW GME BABA PDD MARA XPEV COIN META HOOD JPM
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $78, natural gas down 2%, gold at $2420

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