Pre-Market IV Report April 5, 2022

Pre-Market IV Report April 5, 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: TWTR FB BRCC CLVS BIDU BKLN SNDL SOXS GGPI CERN KTOS

Stocks expected to have increasing option volume: TWTR C LEVI TLRY

Movers

Twitter (TWTR) April weekly call option implied volatility is at 112, April is at 84; compared to its 52-week range of 32 to 88 after Tesla (TSLA) CEO Elon Musk announced the purchase of a 9.2% stake. Call put ratio 2.3 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 62; compared to its 52-week range of 36 to 84 into the expected release of quarter results on April 20. Call put ratio 1.7 calls to 1 put.

Bank April option IV bid as shares near low end of range

JPMorgan (JPM) April weekly call option implied volatility is at 33, April is at 34; compared to its 52-week range of 19 to 44 into the expected release of quarter results before the bell on April 13.

Goldman Sachs (GS) April weekly call option implied volatility is at 30, April is at 36; compared to its 52-week range of 22 to 42 into the expected release of quarter results before the bell on April 14.

Morgan Stanley (MS) April weekly call option implied volatility is at 35, April is at 36; compared to its 52-week range of 23 to 46 into the expected release of quarter results before the bell on April 14.

State Street (STT) April call option implied volatility is at 43, May is at 36; compared to its 52-week range of 24 to 51 into the expected release of quarter results before the bell on April 14.

PNC Financial (PNC) April weekly call option implied volatility is at 28, April is at 30; compared to its 52-week range of 21 to 42 into the expected release of quarter results before the bell on April 14.

Wells Fargo (WFC) April weekly call option implied volatility is at 36, April is at 43; compared to its 52-week range of 26 to 51 into the expected release of quarter results before the bell on April 14.

U.S. Bank (USB) April weekly call option implied volatility is at 30, April is at 34; compared to its 52-week range of 20 to 41 into the expected release of quarter results before the bell on April 14.

Straddle prices for stocks expected to report quarterly results

Levi (LEVI) April 20 straddle priced for a move of +/- 10% into the expected release of quarter results after the bell on April 6. Call put ratio 2.5 calls to 1 put.

Skillsoft (SKIL) April 5 straddle priced for a move of +/- 20% into the expected release of quarter results after the bell on April 6.

Tilray, Inc. (TLRY) April weekly 7.5 straddle priced for a move of +/- 19% into the expected release of quarter results before the bell on April 6. Call put ratio 3 calls to 1 put.

Constellation Brands (STZ) April weekly 230 straddle priced for a move of +/- 4% into the expected release of quarter results before the bell on April 7.

Conagra (CAG) April weekly 34 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on April 7.

Lamb Weston (LW) April 60 straddle priced for a move of +/- 8% into the expected release of quarter results before the bell on April 7.

Options with decreasing option implied volatility: JD FXI PDD KWEB AMC NEGG GME BBBY IONQ BB RH CHWY
Increasing unusual option volume: HMHC MULN EVBG KTOS RVNC
Increasing unusual call option volume: HMHC COOP KTOS MULN MFA
Increasing unusual put option volume: CLVS ATER UMC FLR APRN TWTR
Popular stocks with increasing volume: PLTR F TLRY SOFI SNDL T INTC
Active options: TWTR TSLA AAPL AMD FB AMC NVDA NIO BABA PLTR MSFT BAC F TLRY SOFI SNDL MU AMZN T INTC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $104, natural gas up 2%, gold at $1923 an ounce