Pre-Market IV Report May 30, 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: AI DLO AVGO SKIN EBIX SBGI NEWR OPRA PHR COHR LITE MBLY ANET JBL LNTH FN VMW IEP AVGO FSLY ANET
Stocks expected to have increasing option volume: CRM CRWD NTAP
Chip IV as shares trend higher
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 31; compared to its 52-week range of 25 to 49.
NVIDIA (NVDA) 30-day option implied volatility is at 46; compared to its 52-week range of 41 to 68.
Broadcom (AVGO) 30-day option implied volatility is at 48; compared to its 52-week range of 23 to 49.
Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility is at 50; compared to its 52-week range of 40 to 69.
Micron Technology (MU) 30-day option implied volatility is at 44; compared to its 52-week range of 34 to 62.
Taiwan Semi (TSM) 30-day option implied volatility is at 33; compared to its 52-week range of 27 to 53.
Marvell Technology (MRVL) 30-day option implied volatility is at 50; compared to its 52-week range of 45 to 70.
Qualcomm (QCOM) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 58.
Applied Materials (AMAT) 30-day option implied volatility is at 37; compared to its 52-week range of 31 to 59.
Intel (INTC) 30-day option implied volatility is at 38; compared to its 52-week range of 27 to 59.
PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 39.
Straddle prices into quarter results
HP (HPQ) June weekly 31 straddle is priced for a move of 7% into the expected release of quarter results after the bell on May 30.
Hewlett Packard (HPE) June 15 straddle is priced for a move of 8% into the expected release of quarter results after the bell on May 30.
U-Haul Holding (UHAL) June 60 straddle is priced for a move of 11% into the expected release of quarter results after the bell on May 30.
Box (BOX) June 28 straddle is priced for a move of 8% into the expected release of quarter results after the bell on May 30.
Salesforce (CRM) June weekly 215 straddle is priced for a move of 9% into the expected release of quarter results after the bell on May 31.
CrowdStrike (CRWD) June weekly 150 straddle is priced for a move of 10% into the expected release of quarter results after the bell on May 31.
NetApp (NTAP) June weekly 70 straddle is priced for a move of 6% into the expected release of quarter results after the bell on May 31.
Chewy (CHWY) June weekly 30.50 straddle is priced for a move of 12% into the expected release of quarter results after the bell on May 31.
Pure Storage (PSTG) June 28 straddle is priced for a move of 12% into the expected release of quarter results after the bell on May 31.
Okta (OKTA) June weekly 88 straddle is priced for a move of 13% into the expected release of quarter results after the bell on May 31.
Capri (CPRI) June weekly 40 straddle is priced for a move of 14% into the expected release of quarter results before the bell on May 31.
Advance Auto Parts (AAP) June weekly 112 straddle is priced for a move of 12% into the expected release of quarter results before the bell on May 31.
C3.ai (AI) June weekly 33 straddle is priced for a move of 19% into the expected release of quarter results after the bell on May 31.
Nordstrom (JWN) June weekly 16 straddle is priced for a move of 15% into the expected release of quarter results after the bell on May 31.
Option Movers, PYPL, SQ share price near lower end of range, PHM & TOL share price near upper end
PayPal (PYPL) 30-day option implied volatility is at 34; compared to its 52-week range of 33 to 76.
Block (SQ) 30-day option implied volatility is at 50; compared to its 52-week range of 44 to 101.
PulteGroup (PHM) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 94.
Toll Brothers (TOL) 30-day option implied volatility is at 30; compared to its 52-week range of 27 to 56.
Icahn Enterprises L.P. (IEP) 30-day option implied volatility is at 156; compared to its 52-week range of 8 to 158.
United States Oil Fund (USO) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 52 into OPEC meeting.
Activision Blizzard (ATVI) 30-day option implied volatility is at 24; compared to its 52-week range of 15 to 46.
DLocal Limited (DLO) 30-day option implied volatility is at 98; compared to its 52-week range of 58 to 221.
Options with decreasing option implied volatility: FRO BE SQM WOLF PRU PACW PDD GPS KSS NVAX BURL ZM APPS DKS VFC PATH TIP AEO
Increasing unusual option volume: VRT SNY PAGS LXRX SIRI SIMO POOL HZO IEP
Increasing unusual call option volume: PAGS SNY SIMO IEP SIRI TER PSTG ULTA MRVL JBL GERN
Increasing unusual put option volume: VSCO HZO DLO POOL DM SIRI VIPS MXEA SABR ULTA GLW MQ SIMO IEP FYBR
Popular stocks increasing volume: BABA BAC INTC PYPL
Active options: TSLA AMZN NVDA AMD AAPL PLTR MSFT F META NFLX GOOGL MRVL GOOG MU AI BABA BAC INTC TSM PYPL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $72, natural gas down 3%, gold at $1953
