Pre-Market IV Report February 23, 2021

Pre-Market IV Report February 23, 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 IPOF HYG CRM IEF RIOT BIDU PDD FUTU ENDP PBR NDX DRH TCDA EBIX AMC GME

Stocks expected to have increasing option volume: SQ CCIV TOL PLTR HD LOW SHOP RCL GE M PANW CCL RCL NCLH AMC NLS

Tech moving

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 79. Call put ratio 1 call to 2.6 puts.

ARK Innovation (ARKK) 30-day option implied volatility is at 56; compared to its 52-week range of 28 to 150. Call put ratio 1 call to 1.6 puts.

ARK Next Generation (ARKW) 30-day option implied volatility is at 48; compared to its 52-week range of 27 to 78. Call put ratio 3.8 calls to 1 put.

ARK Autonomous Technology and Robotics (ARKQ) 30-day option implied volatility is at 47; compared to its 52-week range of 31 to 81. Call put ratio 4.1 calls to 1 put with focus on March, June and September calls.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 36; compared to its 52-week range of 25 to 91.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 41; compared to its 52-week range of 21 to 131.Call put ratio 4.2 calls to 1 put as shares trend up from 2020 lows.

Jerome Powell on Capitol Hill today

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 109. Call put ratio 4.8 calls to 1 put.

Churchill Capital Corp IV (CCIV) 30-day option implied volatility is at 249; compared to its 52-week range of 145 to 289 into Lucid Motors to go public via merger with Churchill Capital IV. Call put ratio 1.7 calls to 1 put.

Straddle prices into quarter results

Home Depot (HD) February weekly 275 straddle priced for a move of 3.5% into the expected release of quarter results today before the bell.

Intuit (INTU) February weekly 402.50 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell.

Macys (M) February weekly 15.50 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Square (SQ) February weekly 267.50 straddle priced for a move of 9% into the expected release of quarter results today.

Toll Brothers (TOL) February weekly 54 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

3D Systems (DDD) February weekly 40 straddle priced for a move of 17% into the expected release of quarter results after the bell on February 24.

Jumia Technology (JMIA) February weekly 51 straddle priced for a move of 10% into the expected release of quarter results on February 24.

L Brands (LB) February weekly 51 straddle priced for a move of 9% into the expected release of quarter results after the bell on February 24.

Lowes (LOW) February weekly 172.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 24.

NetApp (NTAP) February weekly 71 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on February 24.

Overstocks (OSTK) February weekly 95 straddle priced for a move of 17% into the expected release of quarter results before the bell on February 24.

Petroleo Bras (PBR) February weekly 8 straddle priced for a move of 11% into the expected release of quarter results on February 24.

Pure Storage (PSTG) March 25 straddle priced for a move of 18% into the expected release of quarter results after the bell on February 24.

Teladoc (TDOC) February weekly 270 straddle priced for a move of 9% into the expected release of quarter results after the bell on February 24.

TJX (TJX) February weekly 69.50 straddle priced for a move of 7% into the expected release of quarter results before the bell on February 24.

ViacomCBS (VIAC) February weekly 66 straddle priced for a move of 9% into the expected release of quarter results before the bell on February 24.

Airbnb (ABNB) February weekly 195 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 25.

AMC (AMC) February weekly 6.5 straddle priced for a move of 22% into the expected release of quarter results on February 25.

Best Buy (BBY) February weekly 117 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on February 25.

Beyond Meat (BYND) February weekly 150 straddle priced for a move of 14% into the expected release of quarter results after the bell on February 25.

Options with decreasing option implied volatility: TLRY BB GME NOK AMC VXRT AMRN KERN WWR
Increasing option volume: DNN CBRE SOS ACTG GSAT CLSN PBR
Increasing unusual call option volume: DNN GSAT SOS CLSN OTIC
Increasing unusual put option volume: SLM MTDR BILL QD
Popular stocks with increasing volume: GE PBR F ET GME XOM CCIV
Active options: AAPL TSLA PLTR AMC NIO AAL GE PBR CCL MSFT F BA AMD SNDL ET GME XOM FB CCIV AMZN
Global S&P Futures recently mixed, Nikkei mixed to lower, DAX mixed, WTI Crude oil recently at $62.67, natural gas down 1%, gold at $1806 an ounce