Pre-Market IV Report April 7, 2022

Pre-Market IV Report April 7, 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: SST DWAC ARQQ BRCC FSLY ROKU NTP HMHC THCA NFLX FB UPS TLT

Stocks expected to have increasing option volume: TWTR C LEVI STZ CAG SKIL HPQ

Energy, commodity, metal & grain stocks

Exxon Mobil (XOM) 30-day option implied volatility is at 33; compared to its 52-week range of 24 to 46 amid WTI Crude oil trades below $98. Call put ratio 1.8 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 31; compared to its 52-week range of 21 to 46. Call put ratio 1.3 calls to 1 put.

Devon Energy (DVN) 30-day option implied volatility is at 54; compared to its 52-week range of 43 to 70.

Hess Corp. (HES) 30-day option implied volatility is at 43; compared to its 52-week range of 34 to 60.

Occidental Petroleum (OXY) 30-day option implied volatility is at 57; compared to its 52-week range of 46 to 89. Call put ratio 3.7 calls to 1 put.

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 48; compared to its 52-week range of 35 to 62 amid WTI Crude oil trades above $97. Call put ratio 4.2 calls to 1 put.

Halliburton (HAL) 30-day option implied volatility is at 49; compared to its 52-week range of 37 to 62.

Fluor Corp. (FLR) 30-day option implied volatility is at 57; compared to its 52-week range of 43 to 78. Call put ratio 6.7 calls to 1 put.

Baker Hughes Company (BKR) 30-day option implied volatility is at 44; compared to its 52-week range of 35 to 57. Call put ratio 1.8 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 50; compared to its 52-week range of 28 to 81.

Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 48; compared to its 52-week range of 38 to 67. Call put ratio 5.5 calls to 1 put.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 32; compared to its 52-week range of 25 to 54 amid WTI Crude oil trades $97.

Cheniere Energy (LNG) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 48 call. Call put ratio 3.5 calls to 1 put.

United States Natural Gas (UNG) 30-day option implied volatility is at 65; compared to its 52-week range of 30 to 219 as natural gas prices are near upper end of range. Call put ratio 1.5 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 26 to 51 as gold trades above $1930. Call put ratio 3.4 calls to 1 put.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 26; compared to its 52-week range of 23 to 45. Call put ratio 3.3 calls to 1 put.

Teucrium Wheat Fund (WEAT) 30-day option implied volatility is at 58; compared to its 52-week range of 23 to 182. Call put ratio 29 calls to 1 put with focus on April 12 calls.

Teucrium Corn Fund (CORN) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 64. Call put ratio 5.6 calls to 1 put.

Teucrium Soybean Fund (SOYB) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 35. Call put ratio 4.3 calls to 1 put.

HP Inc. (HPQ) 30-day option implied volatility is at 39; compared to its 52-week range of 23 to 51 into Berkshire Hathaway Inc disclosed on Wednesday that it has purchased nearly 121M shares of HP.

Straddle prices for stocks expected to report quarterly results

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

Conagra (CAG) April weekly 34 straddle priced for a move of +/- 4% into the expected release of quarter results today before the bell.

Lamb Weston (LW) April 60 straddle priced for a move of +/- 6% into the expected release of quarter results today before the bell.

Eli Lilly (LLY) April 292 straddle priced for a move of +/- 2% into the expected release of quarter results before the bell on April 8. Call put ratio 3.4 calls to 1 put.

Options with decreasing option implied volatility: BB STRY TLRY PATH FXI PDD JD BIDU HYMC
Increasing unusual option volume: HMHC FEZ BBAI MULN
Increasing unusual call option volume: HMHC BBAI MULN TD XLC NEGG
Increasing unusual put option volume: FEZ MOMO LEVI IWF
Popular stocks with increasing volume: BA CCL SOFI TLRY PLTR
Active options: TWTR TSLA AAPL NVDA AMD FB AMC CCL F NIO PLTR SOFI BAC TLRY BABA MSFT AMZN LCID MULN BA
Global S&P Futures mixed in premarket, Nikkei down 1.6%, DAX mixed, WTI Crude oil recently at $97.50, natural gas mixed, gold at $1930 an ounce