Pre-Market IV Report August 2, 2021

Pre-Market IV Report August 2, 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: SNDL FFIE GOTU ZNGA CRM DISCA SPRT BEKE

Stocks expected to have increasing option volume: SQ PYPL CLR WYNN BABA EBAY UBER LYFT VIAC DKNG GM LLY AMGN COLM

QQQ & SPY up in premarket amid low IV

PowerShares QQQ Trust (QQQ) August weekly call option implied volatility is at 16, August is at 17; compared to its 52-week range of 16 to 41.

SPDR S&P 500 ETF Trust (SPY) August weekly call option implied volatility is at 12, August is at 13; compared to its 52-week range of 11 to 36.

Square (SQ) August weekly call option implied volatility is at 64, August is at 50; compared to its 52-week range of 40 to 77 into quarter Q2 EPS of 66c and acquiring Afterpay in $29B all-stock deal.

Straddle prices into expected release of quarter results this week

Continental Resources (CLR) August weekly 34 straddle priced for a move of +/- 8.5% into the expected release of quarter results before the bell on August 2.

Columbia Sportswear (COLM) August 100 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on August 2.

Wynn Resorts (WYNN) August weekly 99 straddle priced for a move of +/- 6.5% into the expected release of quarter results on August 2.

Activision Blizzard (ATVI) August weekly 84 straddle priced for a move of +/- 6.5% into the expected release of quarter results after the bell on August 3.

Akamai (AKAM) August weekly 120 straddle priced for a move of +/- 5.5% into the expected release of quarter results after the bell on August 3.

Alibaba (BABA) August weekly 195 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on August 3.

Amgen (AMGN) August weekly 242.50 straddle priced for a move of +/- 4% into the expected release of quarter results after the bell on August 3.

Avis Budget (CAR) August 82.50 straddle priced for a move of +/- 12% into the expected release of quarter results after the bell on August 3.

Bausch Health (BHC) August weekly 29.50 straddle priced for a move of +/- 9% into the expected release of quarter results on August 3.

BP (BP) August weekly 24 straddle priced for a move of +/- 3.5% into the expected release of quarter results before the bell on August 3.

Clorox (CLX) August weekly 180 straddle priced for a move of +/- 3.5% into the expected release of quarter results before the bell on August 3.

Caesars (CZR) August weekly 87 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on August 3.

Camping World (CWH) August weekly 39.50 straddle priced for a move of +/- 11% into the expected release of quarter results before the bell on August 3.

Conocophillips (COP) August weekly 56 straddle priced for a move of +/- 4.5%into the expected release of quarter results before the bell on August 3.

Devon (DVN) August weekly 26 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on August 3.

Discovery (DISCA) August 30 straddle priced for a move of +/- 11% into the expected release of quarter results on August 3.

DuPont (DD) August weekly 75 straddle priced for a move of +/- 4.5% into the expected release of quarter results before the bell on August 3

Eli Lilly (LLY) August weekly 245 straddle priced for a move of +/- 3.5% into the expected release of quarter results before the bell on August 3.

Live Nation (LVY) August 80 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on August 3.

Lyft (LYFT) August weekly 55.50 straddle priced for a move of +/- 8.5%into the expected release of quarter results after the bell on August 3.

Forte Biosciences (FBRX) August call option implied volatility is at 230, September is at 275; compared to its 52-week range of 87 to 265 into the expected release of FB-401 Phase 2 data in Atopic Dermatitis.

Bit Digital (BTBT) August call option implied volatility is at 217, September is at 175; compared to its 52-week range of 114 to 278. Call put ratio 2.9 calls to 1 put.

Options with decreasing option implied volatility: SPCE SNAP GOTU NKE TAL
Increasing unusual option volume: APT BMO TRP TXRH
Increasing unusual call option volume: APT SPH TXRH BMO GPN
Increasing unusual put option volume: SIRI SIX GPN ENB ZEN PINS
Popular stocks with increasing volume: AMZN F MSFT BABA X CCL MRNA AAL
Active options: TSLA AMD AAPL AMZN NIO PINS AMC NVDA FB F BAC ATOS MSFT BABA X CCL MRNA SNAP PLTR AAL
Global S&P Futures recently up 0.8% in premarket, Nikkei up 1.8%, DAX mixed, WTI Crude oil recently at 73.18, natural gas up 1.8%, gold at $1810 an ounce