Pre-Market IV Report February 23, 2023

Pre-Market IV Report February 23, 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 NKE HZNP COUP BABA RETA RADI GETY GKOS ACI FIGS CTLT RCII SBSW TILE MRNA EBAY MOST ETSY LCID U NTAP TDOC CAKE DPZ PZZA YETI NKLA

Stocks expected to have increasing option volume: BABA MRNA NVDA EBAY MOS LCID ETSY U NTAP RUN TDOC BMBL TNDM CAKE NOVA ATUS KDP DPZ BBWI PLNT DISH W YETI PZZA NKLA

NVIDIA (NVDA) trades up in premarket

NVIDIA (NVDA) 30-day option implied volatility is at 59; compared to its 52-week range of 45 to 81 into the expected release of quarter results after the bell of February 22.

Tesla (TSLA) February weekly call option implied volatility is at 77, March is at 74; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 22; compared to its 52-week range of 19 to 37. Call put ratio 2.6 calls to 1 put into Mexican lawmakers passed sweeping measures overhauling the nation’s electoral agency.

Movers in 2023

Boeing (BA) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 63.

United Rentals (URI) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 55.

Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 36; compared to its 52-week range of 34 to 74.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 59; compared to its 52-week range of 48 to 91.

Straddle prices into quarter results

Alibaba (BABA) February weekly 95 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell. Call put ratio 2 calls to 1 put.

Moderna (MRNA) February weekly 157.50 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Square (SQ) February weekly 73 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Domino’s Pizza (DPZ) February weekly 347 straddle priced for a move of 7% into the expected release of quarter results today before the bell.

Papa John’s (PZZA) March 92.50 straddle priced for a move of 10% into the expected release of quarter results today before the bell.

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

Dish Network (DISH) February weekly 13 straddle priced for a move of 14% into the expected release of quarter results today. Call put ratio 1 call to 1.4 puts.

Bookings (BKNG) February weekly 2427 straddle priced for a move of 6.5% into the expected release of quarter results today. Call put ratio 2.2 calls to 1 put.

Warner Bros. Discovery (WBD) February weekly 15 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Energy

Coterra Energy (CTRA) 30-day option implied volatility is at 39; compared to its 52-week range of 34 to 61. Call put ratio 3.6 calls to 1 put.

Pioneer Natural Resources (PXD) 30-day option implied volatility is at 37; compared to its 52-week range of 29 to 54.

Diamondback Energy (FANG) 30-day option implied volatility is at 38; compared to its 52-week range of 30 to 92. Call put ratio 2.1 calls to 1 put.

EOG Resources (EOG) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 60. Call put ratio 3 calls to 1 put.

Options with decreasing option implied volatility: APLS UPST STEM TWLO RNG TTD ROKU TOST CROX TRIP PANW SBSW AKAM TJX MDT CSCO KHC WMT
Increasing unusual option volume: FIGS XP FTI BAND ABEV FIVN
Increasing unusual call option volume: MGNI FTI BMBL CNQ CAKE VRT
Increasing unusual put option volume: XP IBN RBA CHK PR RETA ISEE CRON
Popular stocks increasing options volume: PANW INTC BBBY AFRM SHOP IQ UPST BIDU
Active options: TSLA AMZN COIN AMC AAPL NVDA GOOGL PANW INTC META BABA AMD BBBY AFRM MSFT GOOG SHOP IQ UPST BIDU
Global S&P Futures mixed in premarket, Nikkei down 1.3%, DAX mixed, WTI Crude oil recently at $74, natural gas mixed, gold at $1843