Pre-Market IV Report April 13, 2023

Pre-Market IV Report April 13, 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: TGTX SRPT RETA TTD SONO TEVA COTY EA OSH CUTR CTLT PBR SPWH TGH UWMC COLL CRUS INVH BSM IEP

Stocks expected to have increasing option volume: BABA DAL FAST JPM C WFC PNC BLK HOG

Alibaba (BABA) 30-day option implied volatility is at 47; compared to its 52-week range of 44 to 85. Call put ratio 1.6 calls to 1 put into ‘SoftBank moves to sell down most of its Alibaba stake’ -Financial Times Report.

Tesla (TSLA) 30-day option implied volatility is at 64; compared to its 52-week range of 49 to 96 into expected quarter results on April 19.

AXS TSLA Bear Daily ETF (TSLQ) 30-day option implied volatility is at 64; compared to its 52-week range of 50 to 114. Call put ratio 8.4 calls to 1 put.

USO, XOM & CVX option IV near low end of range

United States Oil Fund (USO) 30-day option implied volatility is at 31; compared to its 52-week range of 31 to 54.

ExxonMobil (XOM) 30-day option implied volatility is at 27; compared to its 52-week range of 26 to 47.

Chevron (CVX) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 44.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 21. Call put ratio 1.7 calls to 1 put as gold near upper end of range.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 31; compared to its 52-week range of 25 to 37. Call put ratio 6 calls to 1 put as shares near one-year high.

IV movers

Amazon (AMZN) 30-day option implied volatility is at 44; compared to its 52-week range of 32 to 61.

Sarepta Therapeutics (SRPT) 30-day option implied volatility is at 88; compared to its 52-week range of 39 to 84 into advisory committee meeting for SRP-9001 on May 12.

Ebix (EBIX) 30-day option implied volatility is at 123; compared to its 52-week range of 78 to 168 in wide price movement. Call put ratio 2 calls to 1 put amid wide price movement.

Peloton (PTON) 30-day option implied volatility is at 98; compared to its 52-week range of 70 to 152. Call put ratio 1 call to 1 put amid wide price movement.

Teva Pharma (TEVA) 30-day option implied volatility is at 46; compared to its 52-week range of 29 to 56. Call put ratio 1.7 calls to 1 put.

Activision Blizzard (ATVI) 30-day option implied volatility is at 35; compared to its 52-week range of 9 to 46 into The U.K. Competition and Markets Authority, or CMA, is due to issue its final report by 26 April 2023.

AMC Entertainment (AMC) 30-day option implied volatility is at 119; compared to its 52-week range of 108 to 477.

Palo Alto Networks (PANW) 30-day option implied volatility is at 29; compared to its 52-week range of 28 to 67.

Check Point (CHKP) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 50. Call put ratio 11.1 calls to 1 put.

Straddle prices into quarter results

Fastenal (FAST) April 52.50 straddle is priced for a move of 5% into the expected release of quarter results today before the bell on April 1.

Delta (DAL) April weekly 33.50 straddle is priced for a move of 6% into the expected release of quarter results today before the bell.

United Health Group (UNH) April weekly 520 straddle is priced for a move of 3% into the expected release of quarter results before the bell on April 14.

J P Morgan (JPM) April weekly 128 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on April 14.

Wells Fargo (WFC) April weekly 39 straddle is priced for a move of 4% into the expected release of quarter results before the bell on April 14.

BlackRock (BLK) April weekly 665 straddle is priced for a move of 3.5% into the expected release of quarter results before the bell on April 14.

Citigroup (C) April weekly 47 straddle is priced for a move of 4% into the expected release of quarter results before the bell on April 14.

PNC Financial (PNC) April weekly 120 straddle is priced for a move of 4% into the expected release of quarter results before the bell on April 14.

Options with decreasing option implied volatility: WISH KMX DWAC NATI ACI STZ CAG
Increasing unusual option volume: FRC XP INFY PL WAL NATI ZION EOSE UMC PACW
Increasing unusual call option volume: XP FRC PL ZION NATI VGK AMT EOSE FHN PACW
Increasing unusual put option volume: FRC ISEE NATI BUD DM ZION HZNP PACW SFM FAST
Popular stocks increasing options volume: BABA SHOP AAL RIOT BAC COIN SQ MARA JD DAL
Active options: TSLA AMZN NVDA AMC AAPL BABA MSFT AMD META SHOP AAL GOOGL RIOT BAC COIN GOOG SQ MARA JD DAL
Global S&P Futures mixed in premarket, Nikkei, DAX mixed, WTI Crude oil recently at $81.50, natural gas down 1%, gold at $2037