Pre-Market IV Report April 29, 2022

Pre-Market IV Report April 29, 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: JWN GPS STEM ZNGA DLTR ULTA MDT DKS COIN XLE NCR ATVI CEI ZEN

Stocks expected to have increasing option volume: AMZN AAPL ROKU HOOD INTC XOM CHTR HON CL BMY X ABBV NVDA QCOM CVX TDOC TSLA TWTR

Movers

Tesla (TSLA) April weekly call option implied volatility is at 77, May is at 70; compared to its 52-week range of 36 to 84 into Elon Musk selling $4B of TSLA shares, Bloomberg.

Chevron (CVX) April weekly call option implied volatility is at 79, May is at 38; compared to its 52-week range of 21 to 47 into the release of quarter results today before the bell. Call put ratio 2.4 calls to 1 put amid WTI crude oil trades $105.

Option IV into end of month-quarter & FOMC policy meeting

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 25; compared to its 52-week range of 11 to 32.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 33; compared to its 52-week range of 14 to 38.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 70; compared to its 52-week range of 28 to 75. Call put ratio 1 call to 1.5 puts.

Tuttle Capital Short Innovation (SARK) 30-day option implied volatility is at 71; compared to its 52-week range of 40 to 75. Call put ratio 3.6 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 47; compared to its 52-week range of 28 to 81. Call put ratio 1.6 calls to 1 put.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 41; compared to its 52-week range of 20 to 49. Call put ratio 1 call to 1 put.

Straddle prices for stocks expected to report quarterly results

Chegg (CHGG) May 25 straddle priced for a move of 20% into the expected release of quarter results after the bell on May 2.

Clorox (CLX) May weekly 150 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 2.

MGM Resorts (MGM) May weekly 42 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 2.

Spirit Airlines (SAVE) May weekly 25 straddle priced for a move of 13% into the expected release of quarter results on May 2.

onsemi (ON) May weekly 54 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 2.

Options with decreasing option implied volatility: FB PYPL SPOT TWTR SNAP NFLX NKTX VERU
Increasing unusual option volume: AMWL TRUP VERU BKI KMX NCR
Increasing unusual call option volume: BKI PLD NCR EAT ALNY CLX
Increasing unusual put option volume: PACB KMX ATER H XLRE NOV VST MAT TDOC
Popular stocks with increasing volume: TWTR PYPL AMC AMZN XOM ROKU
Active options: AAPL TSLA FB F NVDA TWTR AMD INTC PYPL MSFT PYPL NFLX AMC HOOD QCOM TDOC SNAP AMZN XOM BA ROKU
Global S&P Futures lower in premarket, Nikkei up 1.6%, DAX up 1%, WTI Crude oil recently at $105, natural gas mixed, gold at $1911 an ounce