Pre-Market IV Report April 6, 2021

Pre-Market IV Report April 6, 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: ASO UA IDEX ACB DBX UXIN ASO GSX X HL NLY UA ET

Stocks expected to have increasing option volume: VIAC FTCH VIPS DISCA GSX PAYX LW CAG STZ LEVI AMAT MRNA

Tesla (TSLA) 30-day option implied volatility is at 66; compared to its 52-week range of 55 to 130 after reports Q1 deliveries of 184,800, production of 180,338. Call put ratio 1.8 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 181; compared to its 52-week range of 78 to 554 after announcing 3.5M share equity offering. Call put ratio 1 call to 1.7 puts.

Applied Materials (AMAT) 30-day option implied volatility is at 45; compared to its 52-week range of 33 to 77. Call put ratio 2.4 calls to 1 put into hosting a investor meeting.

Cruise Line IV into opening

Carnival Corporation (CCL) option implied volatility is at 64; compared to its 52-week range of 61 to 199 after CDC issues updated guidance on travel for fully vaccinated people. Call put ratio 3.4 calls to 1 put.

Royal Caribbean (RCL) 30-day option implied volatility is at 52; compared to its 52-week range of 50 to 198 after CDC issues updated guidance on travel for fully vaccinated people.

Norwegian Cruise Lines (NCLH) option implied volatility is at 65; compared to its 52-week range of 60 to 232 after CDC issues updated guidance on travel for fully vaccinated people. Call put ratio 2.9 calls to 1 put.

Lindblad Expeditions (LIND) option implied volatility is at 68; compared to its 52-week range of 56 to 115 after CDC issues updated guidance on travel for fully vaccinated people. Call put ratio 58 calls to 1 put.

OneSpaWorld (OSW) option implied volatility is at 66; compared to its 52-week range of 61 to 192 after CDC issues updated guidance on travel for fully vaccinated people. Call put ratio 32 calls to 1 put.

Block trade stocks IV

Vipshop Holdings (VIPS) 30-day option implied volatility is at 63; compared to its 52-week range of 47 to 131.

GSX Techedu Inc. (GSX) 30-day option implied volatility is at 165; compared to its 52-week range of 79 to 238.

Farfetch Limited (FTCH) 30-day option implied volatility is at 70; compared to its 52-week range of 58 to 112. Call put ratio 1 call to 1.7 puts.

ViacomCBS (VIAC) 30-day option implied volatility is at 73 compared to its 52-week range of 36 to 108.

Discovery, Inc (DISCA) 30-day option implied volatility is at 63; compared to its 52-week range of 38 to 117.
Movers

Marathon Petroleum (MPC) 30-day option implied volatility is at 45; compared to its 52-week range of 41 to 109. Call put ratio 4 calls to 1 put with focus on May 57.50 calls.

Whirlpool (WHR) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 81 as shares near all-time high.

Oracle (ORCL) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 46 as shares near all-time high.

Freeport-McMoran (FCX) 30-day option implied volatility is at 59; compared to its 52-week range of 44 to 118 as shares near 52-week high.

Straddle prices into release of quarter results this week

Paychex (PAYX) April 100 straddle priced for a move of 6.5% into the expected release of quarter results today.

Lamb Weston (LW) April 80 straddle priced for a move of 7.5% 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 6% 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 9% 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: DISCA CCIV WKHS RKT HGEN RRC
Increasing unusual option volume: ASO UXIN CS PLAN FNKO DMYD MPC
Increasing unusual call option volume: ASO UXIN VIPS NNOX
Increasing unusual put option volume: ASO TAL MDLZ
Popular stocks with increasing volume: WMT GM VALE CCL VIAC
Active options: AAPL TSLA PLTR MSFT FB AMC NIO F VIAC AMZN GME AMD MARA BA BAC GM BABA CCL VALE WMT
Global S&P Futures recently mixed to lower, Nikkei down 1.3%, DAX up 0.6%, WTI Crude oil recently at $59.73, natural gas up 1.5%, gold at $1732 an ounce