Pre-Market IV Report April 1, 2021

Pre-Market IV Report April 1, 2021

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: NLY UA ROOT UPS BMY KWEB SNAP X GSX TECS

Stocks expected to have increasing option volume: MU STX WDC AMD SMH MVIS IVAC SNAP MSFT QS

Carnival Corporation (CCL) April and May call option implied volatility is at 64 compared to its 52-week range of 64 to 223 into a scheduled a conference call with analysts on April 7, 2021 to provide a business update.

Ford (F) April weekly call option implied volatility is at 45, April is at 43; compared to its 52-week range of 37 to 126 into providing an update on financial impact of chip shortage on April 28.

Western Digital (WDC) April weekly call option implied volatility is at 62, April is at 52; compared to its 52-week range of 40 to 89. Call put ratio 9.8 calls to 1 put with focus on May 70 calls into considering possible deal for Kioxia, WSJ reports.

Seagate (STX) 30-day option implied volatility is at 42, April is at 32; compared to its 52-week range of 28 to 64. Call put ratio 9.8 calls to 1 put with focus on April 74 calls into the release of Micron (MU) quarter results.

Microvision (MVIS) 30-day option implied volatility is at 200; compared to its 52-week range of 128 to 462. Call put ratio 4 calls to 1 put as shares after Microsoft (MSFT) announced a deal with U.S. Army for HoloLens headsets.

Intevac. (IVAC) 30-day option implied volatility is at 148; compared to its 52-week range of 5 to 134. Call put ratio 5 calls to 1 put with focus on April 7.5 calls after Microsoft (MSFT) announced deal with U.S. Army for HoloLens headsets.

QuantumScape (QS) 30-day option implied volatility is at 97; compared to its 52-week range of 76 to 232 into meets milestone for VW. Call put ratio 3.6 calls to 1 put.

Straddle prices into release of quarter results next week

Lamb Weston (LM) April 80 straddle priced for a move of 7% into the expected release of quarter results before the bell on April 7.

Conagra (CAG) April weekly 37.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on April 8.

Constellation Brands (STZ) April weekly 230 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on April 8.

Levi Strauss (LEVI) April 24 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on April 8.

JinkSolar (JKS) April 40 straddle priced for a move of 15% into the expected release of quarter results before the bell on April 9.

Options with decreasing option implied volatility: CCIV PBR VIAC WKHS RKT HGEN DRI TEVA
Increasing unusual option volume: BGCP UA ASO VIPS
Increasing unusual call option volume: BGCP UA ASO VIPS VIAC
Increasing unusual put option volume: CS WSM GOEV TME KMX CRM
Popular stocks with increasing volume: MU MSFT VIAC PLTR CLF SQ
Active options: AAPL TSLA NIO PLTR MSFT AMD VIAC FB F X MARA CLF SNAP AMZN BA SQ GE CHWY BB GME
Global S&P Futures recently mixed to higher, Nikkei up 0.7%, DAX up 0.5%, WTI Crude oil recently at $60.37, natural gas mixed, gold at $1719 an ounce