Pre-Market IV Report September 8, 2022

Pre-Market IV Report September 8, 2022

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: VERU AKRA ASAN ZLAB OPY GGAL PTR ONEM PGY TCDA CLNN VERU SPPI

Stocks expected to have increasing option volume: GME PLAY AEO DOCU ZS KR FCEL ASAN DWAC

Movers

Apple (AAPL) September weekly call option implied volatility is at 36, September is at 33; compared to its 52-week range of 20 to 44 after product event.

PG&E Corp. (PCG) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 49. Call put ratio 25 calls to 1 put with focus on September and November spreaders.

Edison Int’l (EIX) 30-day option implied volatility is at 24; compared to its 52-week range of 17 to 72.

United States Oil Fund (USO) 30-day option implied volatility is at 50; compared to its 52-week range of 29 to 81 as shares sell off 4.6%. Call put ratio 2.9 calls to 1 put as WTI crude oil trades below $83.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 49 as $WTI crude oil trades below $83.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 54; compared to its 52-week range of 39 to 64 as WTI crude oil trades below $83.

United States Natural Gas (UNG) 30-day option implied volatility is at 81; compared to its 52-week range of 34 to 149.

Freeport-McMoran (FCX) 30-day option implied volatility is at 55; compared to its 52-week range of 41 to 64.

Cheniere Energy (LNG) 30-day option implied volatility is at 43; compared to its 52-week range of 28 to 86.

Straddle price into quarter results

Docusign (DOCU) September weekly 55 straddle priced for a move of 16% into the expected release of quarter results today after the bell.

Zscaler (ZS) September weekly 147 straddle priced for a move of 12.5% into the expected release of quarter results today after the bell.

Kroger (KR) September weekly 50 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on September 9.

Moderna (MRNA) September weekly call option implied volatility is at 74, September is at 62; compared to its 52-week range of 55 to 98 into company hosted research and development day.

Tapestry (TPR) September weekly call option implied volatility is at 76, September is at 50; compared to its 52-week range of 35 to 63 into company hosted investor day on September 9.

Veru, Inc. (VERU) September weekly call option implied volatility is at 170, September is at 160, October is at 316; compared to its 52-week range of 76 to 331 into FDA Advisory Committee to review sabizabulin EUA request on October 6. Call put ratio 1.7 calls to 1 put.

Starbucks Corporation (SBUX) 30-day option implied volatility is at 33; compared to its 52-week range of 17 to 41 into hosting its 2022 Investor Day in Seattle on Tuesday, September 13, 2022.

Salesforce (CRM) 30-day option implied volatility is at 40; compared to its 52-week range of 22 to 65 as shares near 30-month low into Dreamforce and investor meeting on September 21.

Biogen (BIIB) September option implied volatility is at 55, October is at 81; compared to its 52-week range 29 to 73 into topline phase 3 data for Alzheimer’s drug lecanemab.

Meta Platforms (META) 30-day option implied volatility is at 45; compared to its 52-week range of 23 to 79 into Meta will hold its annual virtual reality conference, Connect, on Oct. 11. Call put ratio 1 call to 1.4 puts.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 199; compared to its 52-week range of 58 to 324.

Digital World Acquisition Corp (DWAC) September weekly (9) call option implied volatility is at 190, September is at 143; compared to its 52-week range of 78 to 254. Call put ratio 1 call to 2.9 puts.

Options with decreasing option implied volatility: ISEE LQDA BBBY CLAR WEBR NTNX SST CHWY COUP LULU
Increasing unusual option volume: RVNC GSAT EWC PTEN DNMR KOS PEG
Increasing unusual call option volume: RVNC GSAT SAP PEG CLR FLEX
Increasing unusual put option volume: ASAN NNDM FIGS SAP IYT REM
Popular stocks increasing volume: SOFI SNAP TWTR GME INTC
Active options: TSLA AAPL AMZN NVDA META AMD BABA BBBY MSFT NIO GOOGL TWTR GME GSAT INTC CHPT SOFI NFLX BAC SNAP
Global S&P Futures mixed in premarket, Nikkei up 2%, DAX mixed, WTI Crude oil recently at $83, natural gas mixed, gold at $1733 an ounce