Pre-Market IV Report February 22, 2021

Pre-Market IV Report February 22, 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: DNN HYG CRM GSAH RIOT CAN CCIV FUTU LAZR WATT PAA TWO LQD

Stocks expected to have increasing option volume: BA KSS HD LOW TJX GE UAL AAL LUV DAL SAVE

Kohl’s (KSS) 30-day option implied volatility is at 70; compared to its 52-week range of 49 to 159 into a group of investors have taken a combined 9.5% stake in Kohl’s the WSJ reported citing people familiar with the matter. Call put ratio 2.2 calls to 1 put.

Boeing (BA) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 221 into The FAA is ordering an emergency inspection of all Boeing 777s after an engine failure aboard a 777 airplane.

Option volume leaders

Tesla (TSLA) 30-day option implied volatility is at 58; compared to its 52-week range of 54 to 154. Call put ratio 1.1 calls to 1 put.

NIO Inc. (NIO) 30-day option implied volatility is at 99; compared to its 52-week range of 81 to 216.

Palantir (PLTR) 30-day option implied volatility is at 59; compared to its 52-week range of 59 to 174. Call put 2.3 calls to 1 put with total option volume of 2.4 million contracts.

DraftKings (DKNG) 30-day option implied volatility is at 71; compared to its 52-week range of 61 to 143. Call put ratio 3.4 calls to 1 put.

Freeport-McMoran (FCX) 30-day option implied volatility is at 56; compared to its 52-week range of 39 to 185. Call put ratio 4 calls to 1 put as copper trades near 10 year high

Petrobas (PBR) 30-day option implied volatility is at 56; compared to its 52-week range of 33 to 225 into refinery sales in doubt, Reuters reports.

VLDR and LAZR IV amid Apple in talks with LiDAR suppliers for self-driving car project, Bloomberg says

Velodyne Lidar (VLDR) 30-day option implied volatility is at 130; compared to its 52-week range of 74 to 193. Call put ratio 4.2 calls to 1 put.

Luminar (LAZR) 30-day option implied volatility is at 127; compared to its 52-week range of 27 to 244 amid Apple in talks with LiDAR suppliers for self-driving car project, Bloomberg says. Call put ratio 4.6 calls to 1 put.

Seagate (STX) 30-day option implied volatility is at 38; compared to its 52-week range of 28 to 91. Call put ratio 5.7 calls to 1 put with focus on February weekly calls into a company hosted virtual analyst day on February 24.

Straddle prices into quarter releases this week

Berkshire Hathaway (BRK/B) February weekly 240 straddle priced for a move of 3% into the expected release of quarter results today.

Discover Inc (DISCA) March 50 straddle priced for a move of 13% into the expected release of quarter results today.

DISH Network (DISH) February weekly 33.50 straddle priced for a move of 9% into the expected release of quarter results today before the bell.

Nautilus (NLS) March 30 straddle priced for a move of 21% into the expected release of quarter results today after the bell.

RealReal (REAL) March 29 straddle priced for a move of 22% into the expected release of quarter results today after the bell.

Royal Caribbean (RCL) February weekly straddle priced for a move of 8% into the expected release of quarter results.

Clovis (CLVS) February weekly 6.5 straddle priced for a move of 22% into the expected release of quarter results before the bell on February 23.

Crocs (CROX) March 80 straddle priced for a move of 16% into the expected release of quarter results before the bell on February 23.

Dillards (DDS) March straddle priced for a move of 34% into the expected release of quarter results on February 23.

Home Depot (HD) February weekly 280 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 23.

Intuit (INTU) February weekly 412.50 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on February 23.

Macys (M) February weekly 15 straddle priced for a move of 14% into the expected release of quarter results before the bell on February 23.

Medtronic (MDT) February weekly 114 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 23.

Square (SQ) February weekly 277.50 straddle priced for a move of 9% into the expected release of quarter results before the bell on February 23.

Spirit Aerosystems (SPR) March 42 straddle priced for a move of 16% into the expected release of quarter results on February 23.

Toll Brothers (TOL) February weekly 55 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on February 23.

3D Systems (DDD) February weekly 43 straddle priced for a move of 19% into the expected release of quarter results after the bell on February 24.

Jumia Technology (JMIA) February weekly 55 straddle priced for a move of 11% into the expected release of quarter results on February 24.

L Brands (LB) February weekly 50 straddle priced for a move of 9% into the expected release of quarter results after the bell on February 24.

Lowes (LOW) February weekly 177.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 24.

Options with decreasing option implied volatility: IPOE BB GME AMC NOK FOLD
Increasing option volume: SOS DNN INVH GSAT LODE SABR
Increasing unusual call option volume: SOS DNN GSAT INVH ITP LODE CARG OBSV
Increasing unusual put option volume: DNN ERIC TSEM SENS IVR TIGR ZNTE GSAT
Popular stocks with increasing volume: AAL FCX RIOT CCL TLRY GME
Active options: PLTR AAPL TSLA SNDL AMZN FB NIO CCIV RIOT AMD GME AAL CCL MSFT SNAP BA GE FCX MU TLRY
Global S&P Futures recently mixed, Nikkei mixed to lower, DAX mixed, WTI Crude oil recently at $59.96, natural gas down 2.8%, gold at $1789 an ounce