Pre-Market IV Report February 2, 2023

Pre-Market IV Report February 2, 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: BURU INOD ACVA DOMO YEXT AI LCID ZM AEO TGT BURL DLTR ROST BUD KR BTI HZBP

Stocks expected to have increasing option volume: META AAPL AMZN GOOG GOOGL COP MRK MSTR LLY AMZN QCOM F

Index and ETF option IV near low end of range after FOMC

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 16; compared to its 52-week range of 15 to 56.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 40.

iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 20; compared to its 52-week range of 20 to 38. Call put ratio 1 call to 2.3 puts.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 48; compared to its 52-week range of 18 to 91.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 17; compared to its 52-week range of 18 to 39. Call put ratio 1 call to 1.7 puts.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 30; compared to its 52-week range of 29 to 49. Call put ratio 1 call to 1.5 puts.

Devon Energy (DVN) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 70. Call put ratio 2.3 calls to 1 put as shares pull back.
Straddle prices into quarter results

Apple (AAPL) February weekly 145 straddle priced for a move of 4.5% into the expected release of quarter results today after the bell.

Alphabet (GOOG) February weekly 101 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

Amazon (AMZN) February weekly 105 straddle priced for a move of 8% into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put.

Qualcomm (QCOM) February weekly 138 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell.

Starbucks (SBUX) February weekly 110 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell.

Ford (F) February weekly 14 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

United States Steel (X) February weekly 29.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

MicroStrategy (MSTR) February weekly 267 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Canada Goose (GOOS) February weekly 25 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Skechers (SKX) February weekly 49 straddle priced for a move of 8% into the expected release of quarter results today after the bell. Call put ratio 1 call to 7.9 puts.

GoPro (GPRO) February weekly 6.5 straddle priced for a move of 12% into the expected release of quarter results today after the bell.

Cigna (CI) February weekly 312.50 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on February 3.

Options with decreasing option implied volatility: SNAP WOLF CFLT SOFI SPOT SMCI INTC STX UPS IBM NOW FLEX TMUS CMCSA GLW V CSX
Increasing unusual option volume: HZO RVNC INDA ORCC RCII RVLV
Increasing unusual call option volume: RVNC OPK AI MAT EA ABEV GOOS DT APLS
Increasing unusual put option volume: ORCC HZO RVLV INDA SKX XLC PFSI
Popular stocks increasing options volume: SNAP PTON SOFI INTC F CVNA PLTR COIN NIO BBBY
Active options: TSLA AMD SNAP AMZN NVDA AAPL META AMC PTON SOFI INTC F MSFT CVNA NFLX PLTR COIN NIO BBBY BAC
Global S&P Futures mixed to lower in premarket, Nikkei mixed, DAX up 1.3%, WTI Crude oil recently at $76, natural gas mixed, gold at $1971