Pre-Market IV Report February 24, 2023

Pre-Market IV Report February 24, 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 RETA NKE COUP HZNP JEPI TGNA NVCR ACRS ITOS ACAD RADI CVNA BYND NATI BCO

Stocks expected to have increasing option volume: CVNA SQ BYND WBD CNK OPEN BKNG BA FTCH LYV SG LAW INTU OPEN ADSK ADBE

Activision Blizzard (ATVI) calls more active than puts

Activision Blizzard (ATVI) February weekly call option implied volatility is at 30, February is at 27; compared to its 52-week range of 9 to 46. Call put ratio 5.9 calls to 1 put.

Boeing (BA) 30-day option implied volatility is at 31; compared to its 52-week range of 30 to 63 into WSJ report of halted Dreamliner deliveries.

Tesla (TSLA) February weekly call option implied volatility is at 76, March is at 70; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

Goldman Sachs Group, Inc. (GS) February weekly call option implied volatility is at 30, March is at 24; 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.

Straddle prices into quarter results

Cinemark Holdings (CNK) March 12.50 straddle priced for a move of 15% into the expected release of quarter results today before the bell. Call put ratio 4.7 calls to 1 put.

Occidental Petroleum (OXY) March weekly 59 straddle priced for a move of 7% into the expected release of quarter results after the bell of February 27.

Workday (WDAY) March weekly 187 straddle priced for a move of 7.5% into the expected release of quarter results after the bell of February 27.

Oneok (OKE) March 67.50 straddle priced for a move of 6.5% into the expected release of quarter results after the bell of February 27. Call put ratio 2.8 calls to 1 put.

Li Auto Inc. (LI) March weekly 24 straddle priced for a move of 11% into the expected release of quarter results before the bell of February 27. Call put ratio 2.4 calls to 1 put.

Zoom Video (ZM) March weekly 75 straddle priced for a move of 12% into the expected release of quarter results after the bell of February 27. Call put ratio 1 call to 1.8 puts.

Luminar (LAZR) March weekly 7.5 straddle priced for a move of 21% into the expected release of quarter results on February 27.

Fisker (FSR) March weekly straddle priced for a move of 21% into the expected release of quarter results before the bell of February 27.

Rivian (RIVN) March weekly 18 straddle priced for a move of 19% into the expected release of quarter results after the bell of February 28.

Catalent (CTLT) 30-day option implied volatility is at 57; compared to its 52-week range of 28 to 97. Call put ratio 3.6 calls to 1 put.

Options with decreasing option implied volatility: APLS AMC QS TWLO ROKU RNG U TDOC U FSLY BHC TOST OSTK BMBL CROX BBWI PANW EBAY
Increasing unusual option volume: GSM RVLV FND FEZ INDI CAKE NATI WW
Increasing unusual call option volume: GSM CAKE CNK BMBL PWR SNY WW CBOE WWE
Increasing unusual put option volume: PPL FND RVLV CRON FEZ ENVX SAVE
Popular stocks increasing options volume: PANW INTC 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 up 1%, DAX mixed, WTI Crude oil recently at $76, natural gas up 2%, gold at $1830