Pre-Market IV Report February 11, 2022

Pre-Market IV Report February 11, 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: SAVA UAA HYG XLF DOCU Z HTA JOBY ORCL

Stocks expected to have increasing option volume: SPY QQQ RUT IWM ARKK CLF ZEN JFRG URBN NVAX EXPE FE Z AFRM URBN ACB UA UAA CLF VIX UVXY VXN VXX

Option IV increases, stocks offered lower, rates trend higher, next FOMC meeting in four weeks March 15 & 16

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 21; compared to its 52-week range of 11 to 27 as stocks are offered lower in the premarket. Call put ratio 1 call to 1.5 puts.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 27; compared to its 52-week range of 14 to 35. Call put ratio 1 call to 1.8 puts.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 77; compared to its 52-week range of 28 to 72. Call put ratio 1 call to 2.2 puts.

Russell 2000 ETF (RUT) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 37. Call put ratio 1 call to 1.7 puts.

Tech finance option IV increases

Affirm Holdings (AFRM) 30-day option implied volatility is at 120; compared to its 52-week range of 60 to 134 after quarter results and outlook. Call put ratio 2 call to 1 put.

Block (SQ) 30-day option implied volatility is at 92; compared to its 52-week range of 35 to 94. Call put ratio 1.1 calls to put.

PayPal (PYPL) 30-day option implied volatility is at 46; compared to its 52-week range of 24 to 56. Call put ratio 2.7 calls to 1 put.

SoFi Technologies (SOFI) 30-day option implied volatility is at 99; compared to its 52-week range of 50 to 116

BIIB into memo

Biogen (BIIB) February call option implied volatility is at 36; compared to its 52-week range of 32 to 121 into National Coverage Determination memo issues in April.

Options active for Entertainment and Gaming into NFL Super Bowl

Caesars (CZR) 30-day option implied volatility is at 59; compared to its 52-week range of 41 to 68. Call put ratio 6.7 calls to 1 put.

DraftKings (DKNG) 30-day option implied volatility is at 95; compared to its 52-week range of 44 to 101.

MGM Resorts (MGM) 30-day option implied volatility is at 42; compared to its 52-week range of 35 to 58. Call put ratio 4 calls to 1 put.

Las Vegas Sands (LVS) 30-day option implied volatility is at 44; compared to its 52-week range of 34 to 60. Call put ratio 2.8 calls to 1 put.

Wynn Resorts (WYNN) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 62. Call put ratio 4 calls to 1 put.

Melco Resorts (MLCO) 30-day option implied volatility is at 70; compared to its 52-week range of 35 to 81. Call put ratio 42 calls to 1 put.

Roundhill Sports Betting & iGaming ETF (BETZ) 30-day option implied volatility is at 35; compared to its 52-week range of 23 to 56. Call put ratio 13 calls to 1 put.

Century Casinos (CNTY) 30-day option implied volatility is at 85; compared to its 52-week range of 51 to 118.

Boyd Gaming (BYD) 30-day option implied volatility is at 42; compared to its 52-week range of 36 to 59.

Churchill Downs (CHDN) 30-day option implied volatility is at 38; compared to its 52-week range of 27 to 51.

Gan Limited (GAN) 30-day option implied volatility is at 74; compared to its 52-week range of 58 to 97. Call put ratio 19 calls to 1 put.

Penn National (PENN) 30-day option implied volatility is at 61; compared to its 52-week range of 49 to 84. Call put ratio 8.3 calls to 1 put.

Red Rock Resorts (RRR) 30-day option implied volatility is at 52; compared to its 52-week range of 37 to 69. Call put ratio 41 calls to 1 put.

Golden Entertainment (GDEN) 30-day option implied volatility is at 55; compared to its 52-week range of 43 to 82.

Straddle prices for stocks expected to report quarterly results

Continental Resources (CLR) February 55 straddle priced for a move of +/- 10% into the expected release of quarter results after the bell on February 14

Akamai (AKAM) February 113 straddle priced for a move of +/- 7.5% into the expected release of quarter results after the bell on February 15

Airbnb (ABNB) February 172 straddle priced for a move of +/- 9% into the expected release of quarter results the bell on February 15

Angie (ANGI) February 7.5 straddle priced for a move of +/- 15% into the expected release of quarter results after the bell on February 15

Devon (DVN) February 52 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on February 15

IQIYI (IQ) February 4.5 straddle priced for a move of +/- 11% into the expected release of quarter results after the bell on February 15

Marriott (MAR) February 175 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on February 15

Roblox (RBLX) February 70 straddle priced for a move of +/- 18% into the expected release of quarter results after the bell on February 15

Wynn Resorts (WYNN) February 95 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on February 15

ViacomCBS (VIAC) February 36 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on February 15

Options with decreasing option implied volatility: NFLX FB ZNGA SNAP ATVI SNAP PINS CHGG U KOLD TWTR GPRO
Increasing unusual option volume: TWOU AES BRCC BAM TIP MAT YELP
Increasing unusual call option volume: AES TWOU SLGG BRCC VICI LH ABC
Increasing unusual put option volume: TIP MAT GES UPWK SKT BBD PCG UA GOOS
Popular stocks with increasing volume: AFRM DIS UBER TWTR F BAC MU PYPL SNAP RBLX
Active options: AAPL TSLA UBER AMC FB NVDA AFRM DIS AMD MSFT TWTR F VALE BAC MU PTON PYPL SNAP RBLX SOFI
Global S&P Futures lower, Nikkei mixed to lower, DAX mixed to lower, WTI Crude oil recently at $89.50, natural mixed to higher, gold at $1824 an ounce