Pre-Market IV Report February 22, 2023

Pre-Market IV Report February 22, 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: FL COUP HZNP OSH ARBE CVRX KOLD DRVN UVIX ALT HOUS IOT ABCL LABU LABD FL PDD

Stocks expected to have increasing option volume: PANW COIN CZR TOL NVDA EXPD LCID EBAY BABA

Option IV ticks up as S&P 500 closes down 2% while yields on 10-year Treasuries hit three-month peak

Tesla (TSLA) February weekly call option implied volatility is at 85, March is at 77; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

NVIDIA (NVDA) 30-day option implied volatility is at 60; compared to its 52-week range of 45 to 81 into the expected release of quarter results after the bell of February 22.

Goldman Sachs Group, Inc. (GS) February call option implied volatility is at 28, March is at 27; compared to its 52-week range of 22 to 44 into hosting an Investor Day on February 28th.

Target (TGT) 30-day option implied volatility is at 45; compared to its 52-week range of 23 to 52 into 2023 Financial Community Meeting, including Q4 and Full-Year 2022 earnings on February 28.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 61; compared to its 52-week range of 48 to 91.

Railroad stocks IV

Norfolk Southern (NSC) February weekly call option implied volatility is at 45, March is at 35; compared to its 52-week range of 21 to 39. Call put ratio 1 call to 5.8 puts with focus on February weekly puts.

CSX Corp. (CSX) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 40.

Union Pacific (UNP) 30-day option implied volatility is at 26; compared to its 52-week range of 20 to 37.

Canadian National (CNI) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 74.

Canadian Pacific (CP) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 73. Call put ratio 1 call to 3.3 puts.

Straddle prices into quarter results

NVIDIA (NVDA) February weekly 207.50 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.

Pioneer Resources (PXD) February weekly 205 straddle priced for a move of 5% into the expected release of quarter results today after the bell.

Lucid (LCID) February weekly 10 straddle priced for a move of 19% into the expected release of quarter results today after the bell.

eBay (EBAY) February weekly 48 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Etsy (ETSY) February weekly 125 straddle priced for a move of 12% into the expected release of quarter results today after the bell. Call put ratio 1 call to 2 puts.

Unity Software (U) February weekly 36.50 straddle priced for a move of 15% into the expected release of quarter results today after the bell. Call put ratio 2.1 calls to 1 put.

Bath & Body Works (BBWI) February weekly 41 straddle priced for a move of 10% into the expected release of quarter results today.

Teledoc (TDOC) February weekly 28.50 straddle priced for a move of 18% into the expected release of quarter results today after the bell.

Alibaba (BABA) February weekly 95 straddle priced for a move of 6.5% into the expected release of quarter results before the bell of February 23. Call put ratio 2.3 calls to 1 put.

Intuit (INTU) February weekly 400 straddle priced for a move of 6% into the expected release of quarter results after the bell of February 23. Call put ratio 1 call to 2.8 puts.

Moderna (MRNA) February weekly 160 straddle priced for a move of 8% into the expected release of quarter results after the bell of February 23.

Vale (VALE) February weekly 17 straddle priced for a move of 7% into the expected release of quarter results on February 23. Call put ratio 5 calls to 1 put.

Monster (MNST) March 100 straddle priced for a move of 7% into the expected release of quarter results on February 23.

VMWare (VMW) March 115 straddle priced for a move of 7% into the expected release of quarter results after the bell of February 23.

Cheniere Energy (LNG) February weekly 144 straddle priced for a move of 5% into the expected release of quarter results before the bell of February 23. Call put ratio 1 call to 6.4 puts.

Newmont (NEM) February weekly 45 straddle priced for a move of 4% into the expected release of quarter results before the bell of February 23.

Square (SQ) February weekly 72 straddle priced for a move of 10% into the expected release of quarter results after the bell of February 23.

Autodesk (ADSK) February weekly 215 straddle priced for a move of 6.5% into the expected release of quarter results after the bell of February 23.

Live Nation Entertainment () March 75 straddle priced for a move of 10% into the expected release ofLYV quarter results after the bell of February 23.

Dish Network (DISH) February weekly 13 straddle priced for a move of 14% into the expected release of quarter results on February 23. Call put ratio 1 call to 2.6 puts.

Morningstar (MORN) February weekly 230 straddle priced for a move of 5% into the expected release of quarter results on February 23.

Options with decreasing option implied volatility: APLS FSLY UPST CAR TWLO ROKU CROX TTD RNG TOST
Increasing unusual option volume: INFY CYH EOSE KDP ELAN IOT SRNE UBS
Increasing unusual call option volume: CYH VYM COTY TAP RETA UBS COMM
Increasing unusual put option volume: KDP OSTK STWD NSC AI PACB UBS
Popular stocks increasing options volume: BABA PLTR WMT COIN BBBY DKNG INTC UBER
Active options: TSLA AMC AAPL AMZN META NVDA GOOGL MSFT F GOOG LAZR AMD BABA PLTR WMT COIN BBBY DKNG INTC UBER
Global S&P Futures mixed in premarket, Nikkei down 1.3%, DAX mixed, WTI Crude oil recently at $76, natural gas down 4.5%, gold at $1848