Pre-Market IV Report December 8, 2021

Pre-Market IV Report December 8, 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: ARDX BBIG NVAX BB FUTU BBIG NVAX CHWY T S IQ SOL PATH GPRO GWH YY CPB MTTR

Stocks expected to have increasing option volume: TOL LULU PD HRL CHWY RH COST SFIX CPB PLAY CHPT

Apple (AAPL) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 49. Call put ratio 2.9 calls to 1 put as shares at new record high.

Straddle prices for stocks expected to report quarterly results

RH (RH) December weekly 575 straddle priced for a move of +/- 13% into the expected release of quarter results today after the bell. Call put ratio 1.2 calls to 1 put.

Campbell Soup (CPB) December weekly 41 straddle priced for a move of +/- 6% into the expected release of quarter results today before the bell. Call put ratio call to 1.1 puts.

GameStop (GME) December weekly177 straddle priced for a move of +/- 15.5% into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.

Lovesac (LOVE) December 65 straddle priced for a move of +/- 18% into the expected release of quarter results today.

Oracle (ORCL) December weekly 90 straddle priced for a move of +/- 6.5% into the expected release of quarter results today after the bell.

National Beverage (FIZZ) December 55 straddle priced for a move of +/- 11% into the expected release of quarter results today. Call put ratio 4 calls to 1 put.

United Natural Foods (UNFI) December 50 straddle priced for a move of +/- 15% into the expected release of quarter results today before the bell. Call put ratio 1 call to 1.3 puts.

Chewy (CHWY) December weekly 61 straddle priced for a move of +/- 13% into the expected release of quarter results before the bell on December 9. Call put ratio 1 call to 1.8 puts.

Ciena (CIEN) December 63 straddle priced for a move of +/- 10% into the expected release of quarter results before the bell on December 9. Call put ratio 1 call to 1.5 puts.

Costco (COST) December weekly 540 straddle priced for a move of +/- 3.5% into the expected release of quarter results on December 9. Call put ratio 1.4 calls to 1 put.

Hormel (HRL) December weekly 42 straddle priced for a move of +/- 4.5% into the expected release of quarter results today before the bell on December 9. Call put ratio 3.3 calls to 1 put.

lululemon athletica (LULU) December weekly 435 straddle priced for a move of +/- 8.5% into the expected release of quarter results today after the bell on December 9. Call put ratio 1 call to 1.4 puts.

Vail Resorts (MTN) December 340 straddle priced for a move of +/- 7% into the expected release of quarter results today after the bell on December 9. Call put ratio 1 call to 1.4 puts.

BELLUS Health Inc (BLU) December call option implied volatility is at 415, January is at 233; compared to its 52-week range of 79 to 314 into Phase 2b SOOTHE study of BLU-5937 in refractory chronic cough. Call put ratio 1 call to 4.8 puts.

Reata Pharma’s (RETA) December call option implied volatility is at 230, January is at 150; compared to its 52-range of 51 to 304 after the FDA posted the documents ahead of an advisory committee meeting for (RETA) kidney disease treatment. Call put ratio 1.5 calls to 1 put.

Options with decreasing option implied volatility: PTON TTD Z DOCU RBLX
Increasing unusual option volume: NTEST FINV RETA ETWO TRTN TRUP
Increasing unusual call option volume: FINV ASHR ETWO TRTN CRUS LNG
Increasing unusual put option volume: INDA BLU ACI GDS ARVL RSX
Popular stocks with increasing volume: DKNG SNAP PFE BAC
Active options: AAPL TSLA NVDA AMD INTC F FB AMC NIO PYPL BABA AMZN MSFT LCID PLTR PFE BAC DKNG BBIG SNAP
Global S&P Futures mixed, Nikkei up 1.4%, DAX mixed, WTI Crude oil recently at $71.76, natural gas up 3.5%, gold at $1789 an ounce