Pre-Market IV Report April 6, 2023

Pre-Market IV Report April 6, 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: WAL GETY NAAS AI PACW FGEN MCRB RILY UPWK SOFI MP RETA MSOS BROS PTGX PBR VAL ZS

Stocks expected to have increasing option volume: COST WMT KR TGT AMZN LW STZ LEVI WAL PACW

Option IV into March employment report

Costco (COST) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 51 into March sales data.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 50; compared to its 52-week range of 46 to 91.

AXS Short Innovation Daily ETF (SARK) 30-day option implied volatility is at 51; compared to its 52-week range of 48 to 96.

ARK Next Generation (ARKW) 30-day option implied volatility is at 46; compared to its 52-week range of 44 to 111. Call put ratio 1 call to 3.3 puts.

ARK Autonomous Technology and Robotics (ARKQ) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 261.

ARK Fintech Innovation (ARKF) 30-day option implied volatility is at 43; compared to its 52-week range of 42 to 100. Call put ratio 3.2 calls to 1 put.

Proshrs Ultrpro Sht (SQQQ) 30-day option implied volatility is at 71; compared to its 52-week range of 67 to 126. Call put ratio 4.9 calls to 1 put.

Direxion Daily Semiconductor Bear 3x Shares (SOXS) 30-day option implied volatility is at 98; compared to its 52-week range of 92 to 152. Call put ratio 6.7 calls to 1 put.

Finance option IV

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 117; compared to its 52-week range of 50 to 398.

Pacwest Bancorp (PACW) 30-day option implied volatility is at 125; compared to its 52-week range of 28 to 334.

First Republic Bank (FRC) 30-day option implied volatility is at 188; compared to its 52-week range of 24 to 407.

CME Group (CME) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 38.

Cboe Global Markets (CBOE) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 43.

Intercontinental Exchange (ICE) 30-day option implied volatility is at 22; compared to its 52-week range of 20 to 79.

Blackstone (BX) 30-day option implied volatility is at 48; compared to its 52-week range of 36 to 60.

Apollo Global Management (APO) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 59. Call put ratio 1 call to 61 puts.

The Carlyle Group (CG) 30-day option implied volatility is at 38; compared to its 52-week range of 31 to 99. Call put ratio 8.9 calls to 1 put.

KKR & Co. (KKR) 30-day option implied volatility is at 39; compared to its 52-week range of 30 to 56. Call put ratio 1 call to 11 puts with focus on April and June puts.

TPG (TPG) 30-day option implied volatility is at 43; compared to its 52-week range of 37 to 63.

Movers

Shotspotter (SSTI) 30-day option implied volatility is at 74; compared to its 52-week range of 40 to 73. Call put ratio 49 calls to 1 put with focus on April 30 calls.

Johnson & Johnson (JNJ) April weekly call option implied volatility is at 19, April is at 18; compared to its 52-week range of 13 to 24 after proposes to pay $8.9B to resolve current and future talc claims. Call put ratio 4.2 calls to 1 put.

Sweetgreen, Inc (SG) April call option implied volatility is at 100, May is at 90; compared to its 52-week range of 55 to 121 as shares sell off 11.5%. Call put ratio 1 call to 3.3 puts with focus on October 5 puts after Chipotle Mexican Grill (CMG) in California federal court claiming Sweetgreen’s “Chipotle Chicken Burrito Bowl” violates its trademark rights.

Option implied volatility for Gold stocks as gold near 1-year high

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 50 as gold trades $2032.

Options with decreasing option implied volatility: AUPH AEHR OSH RH CAG
Increasing unusual option volume: WAL FRC BURU PACW HZNP TIP OZK GETY
Increasing unusual call option volume: FRC PACW BBIO TIP FLR ZION MKC VZ T
Increasing unusual put option volume: FRC HZNP CMA DLO LEVI CNK TD APO EPR
Popular stocks increasing options volume: AMC AI BABA SCHW INTC PFE JNJ NFLX COIN
Active options: TSLA AAPL NVDA AMC AMZN AMD AI GOOGL BABA MSFT BAC META SCHW GOOG INTC MARA PFE JNJ NFLX COIN
Global S&P Futures mixed in premarket, Nikkei down 1.2%, DAX mixed, WTI Crude oil recently at $80, natural gas mixed, gold at $2032