Pre-Market IV Report February 28, 2023

Pre-Market IV Report February 28, 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: RETA ACRS PRVB UVE SYNH HCAT VTNR MUX CUBE EC IGT NKE NYCB CHGG SI AMC ZM WDAY LAZR OXY FSR TGT

Stocks expected to have increasing option volume: AMC AZO NCLH PLTK TDW ZM WDAY LAZR OXY FSR TGT SJM SRE RRC SGEN UNP GS M ANF ROST HOOD TSLA

META and SNAP option IV into TikTok and AI headlines

Meta Platforms (META) 30-day option implied volatility is at 40; compared to its 52-week range of 37 to 79 into White House to impose TikTok ban on federal devices, Reuters says. Call put ratio 1.9 calls to 1 put.

Snap (SNAP) 30-day option implied volatility is at 60; compared to its 52-week range of 60 to 128 into White House to impose TikTok ban on federal devices, Reuters says. Call put ratio 3.7 calls to 1 put.

Tesla (TSLA) March weekly call option implied volatility is at 88, March is at 69; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

Chevron (CVX) March weekly call option implied volatility is at 30, March is at 26; compared to its 52-week range of to 25 to 56 into hosting an Investor Day today.

Goldman Sachs Group, Inc. (GS) March weekly call option implied volatility is at 33, March is at 27; compared to its 52-week range of 22 to 44 into hosting an Investor Day today.

Target (TGT) March weekly call option implied volatility is at 102, March is at 54; 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.

Activision Blizzard (ATVI) March weekly call option implied volatility is at 17, March is at 27; compared to its 52-week range of 9 to 46. Call put ratio 1.9 calls to 1 put.

Silvergate Capital (SI) March weekly call option implied volatility is at 157, March is at 187; compared to its 52-week range of 74 to 274. Call put ratio 1 call to 1.5 puts.

AMC Entertainment (AMC) March weekly call option implied volatility is at 230, March is at 208; compared to its 52-week range of 100 to 528 into the expected release of quarter results after the bell of February 28. Call put ratio 1 call to 1.3 puts.

Straddle prices into quarter results

Rivian (RIVN) March weekly 18.50 straddle priced for a move of 14% into the expected release of quarter results today after the bell.

AMC Entertainment (AMC) March weekly 7.5 straddle priced for a move of 20% into the expected release of quarter results today after the bell.

Salesforce (CRM) March weekly 162.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Target (TGT) March weekly 167.50 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

Monster Beverage (MNST) March 100 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell. Call put ratio 1 call to 2.1 puts.

Ross Stores (ROST) March weekly 111 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

First Solar (FSLR) March weekly 166 straddle priced for a move of 8% into the expected release of quarter results today after the bell. Call put ratio 1 call to 3.1 puts.

Advanced Auto Parts (AAP) March weekly 140 straddle priced for a move of 8% into the expected release of quarter results today before the bell. Call put ratio 1 call to 3.9 puts.

Norwegian Cruise Line (NCLH) March weekly 16.50 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

Urban Outfitters (URBN) March weekly 27 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Rocket Lab (RKLB) March 5 straddle priced for a move of 19% into the expected release of quarter results today after the bell.

Salesforce (CRM) March weekly 162.50 straddle priced for a move of 7% into the expected release of quarter results after the bell of March 1.

Lowe’s (LOW) March weekly 204 straddle priced for a move of 4.5% into the expected release of quarter results before the bell of March 1.

Snowflake (SNOW) March weekly 155 straddle priced for a move of 10% into the expected release of quarter results after the bell of March 1.

Dollar Tree (DLTR) March weekly 144 straddle priced for a move of 8% into the expected release of quarter results before the bell of March 1. Call put ratio 1 call to 3.4 puts.

NIO (NIO) March weekly 9.5 straddle priced for a move of 11% into the expected release of quarter results before the bell of March 1. Call put ratio 3 calls to 1 put.

Splunk (SPLK) March weekly 102 straddle priced for a move of 9.5% into the expected release of quarter results after the bell of March 1.

Pure Storage (PSTG) March 29 straddle priced for a move of 13% into the expected release of quarter results after the bell of March 1.

Plug Power (PLUG) March weekly 14.50 straddle priced for a move of 11% into the expected release of quarter results after the bell of March 1.

Box (BOX) March 33 straddle priced for a move of 9% into the expected release of quarter results after the bell of March 1.

Kohl’s (KSS) March weekly 28.50 straddle priced for a move of 11% into the expected release of quarter results before the bell of March 1.

Abercrombie (ANF) March weekly 29 straddle priced for a move of 14% into the expected release of quarter results before the bell of March 1.

Black Knight Inc. (BKI) 30-day option implied volatility is at 50; compared to its 52-week range of 17 to 71. Call put ratio 1 call to 8.2 puts.

Albemarle (ALB) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 105.

Livent Corporation (LTHM) 30-day option implied volatility is at 50; compared to its 52-week range of 50 to 123. Call put ratio 3.9 calls to 1 put.

Charles Schwab (SCHW) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 49. Call put ratio 1 call to 2.4 puts.

Options with decreasing option implied volatility: AMC RETA APLS CVNA BYND TDOC OSTK FTCH BMBL ENVX YETI BHC CNK ETSY BBWI EBAY DPZ
Increasing unusual option volume: TGNA DNUT FTI RETA RADI GLNG SGEN
Increasing unusual call option volume: RETA FTI CHGG EOSE TNP GLNG TTE UNP FTAI SGEN
Increasing unusual put option volume: XP VMW SHLS RETA CP AAP FOUR SAVE NANOS EWC MANU CG FUBO WB KKR LUMN BKI
Popular stocks increasing options volume: AMC FSR F LAZR NIO OXY COIN MARA
Active options: TSLA AMC AAPL NVDA AMZN GOOG META GOOGL FSR MSFT BBBY AMD BABA F LAZR NFLX NIO OXY COIN MARA
Global S&P Futures mixed in premarket, Nikkei mixed, DAX up 1%, WTI Crude oil recently at $76, natural gas down 1%, gold at $1814