Pre-Market IV Report February 7, 2023

Pre-Market IV Report February 7, 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: AI SI APLS CAR JWN TGTX MPW AIRS IONQ RETA VRAR VERI GME CHGG ASAN LIVN

Stocks expected to have increasing option volume: TTWO ATVI CHGG PINS SKYW ZI BBBY AMC GME HTZ GNW SAVE

Option IV into Federal Reserve Chair Jerome Powell is scheduled to speak at the Economic Club of Washington, D.C. and State of Union address

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 18; compared to its 52-week range of 15 to 56.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 40.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 53; compared to its 52-week range of 48 to 91. Call put ratio 1 call to 1.7 puts.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 18; compared to its 52-week range of 17 to 39 into State of Union Address.

Movers

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 211; compared to its 52-week range of 93 to 633 into announcing stock offering. Call put ratio 1.8 calls to 1 put. 1M contracts trade compared to 90-day average volume of 108K contracts.

C3.ai (AI) 30-day option implied volatility is at 181; compared to its 52-week range of 54 to 162. Call put ratio 2.3 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 104; compared to its 52-week range of 86 to 157. Call put ratio 5.8 calls to 1 put.

AMC Entertainment (AMC) 30-day option implied volatility is at 157; compared to its 52-week range of 100 to 437. 962K contracts traded on February 6, 2023.

Hertz (HRTZ) 30-day option implied volatility is at 60; compared to its 52-week range of 37 to 124. 13K contracts trade compared to 90-day average volume of 3K contracts.

Aero Space option IV

Lockheed Martin (LMT) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 39 as shares rally 2%.

Raytheon Technologies (RTX) 30-day option implied volatilit1y is at 21; compared to its 52-week range of 20 to 36.

Northrop Grumman (NOC) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 41.

General Dynamics (GD) 30-day option implied volatility is at 20; compared to its 52-week range of 18 to 35

L3Harris Technologies (LHX) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 85. Call put ratio 9 calls to 1 put.

Straddle prices into quarter results

Chipotle (CMG) February weekly 1700 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

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

Ubber (UBER) February weekly 34 straddle priced for a move of 11% into the expected release of quarter results before the bell of February 8.

Walt Disney (DIS) February weekly 110 straddle priced for a move of 6% into the expected release of quarter results after the bell of February 8.

Mattel (MAT) February 21 straddle priced for a move of 9% into the expected release of quarter results after the bell of February 8.

Affirm Holding (AFRM) February weekly 17 straddle priced for a move of 16% into the expected release of quarter results after the bell of February 8.

CVS Health (CVS) February weekly 85 straddle priced for a move of 4.5% into the expected release of quarter results after the bell of February 8.

CME Group (CME) February weekly 175 straddle priced for a move of 4% into the expected release of quarter results before the bell of February 8.

Yum Brands (YUM) February 120 straddle priced for a move of 4.5% into the expected release of quarter results before the bell of February 8.

MGM Resorts (MGM) February weekly 41 straddle priced for a move of 6.5% into the expected release of quarter results after the bell of February 8.

Teva (TEVA) February weekly 10.50 straddle priced for a move of 6.5% into the expected release of quarter results before the bell of February 8.

Robinhood (HOOD) February weekly 10.50 straddle priced for a move of 13% into the expected release of quarter results after the bell of February 8.

Capri Holding (CPRI) February 66 straddle priced for a move of 8% the expected release of quarter results before the bell of February 8.

Coty (COTY) February 10 weekly straddle priced for a move of 8% into the expected release of quarter results before the bell of February 8.

Under Armour (UA) February 11 straddle priced for a move of 11% into the expected release of quarter results before the bell of February 8.

PayPal (PYPL) February weekly 82 straddle priced for a move of 7.5% into the expected release of quarter results after the bell of February 9.

Oak Street Health (OSH) 30-day option implied volatility is at 105; compared to its 52-week range of 64 to 136. Option volume of 19K contracts compared to 90-day average day volume of 2K contracts.

General Electric (GE) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 251.

Options with decreasing option implied volatility: LCID SNAP BILL PTON TEAM ALGN SPOT GOOS SMCI META AMZN HOG GPRO TSN UPS SBUX EA
Increasing unusual option volume: VVV AI IONQ IRNT OMER TMC BTG FTI CHGG
Increasing unusual call option volume: VVV AI IONQ IRNT OMER BTG TMC FTI ZI RMBS
Increasing unusual put option volume: AI CHGG XRX OSH BILL APRN VMW
Popular stocks increasing options volume: BBBY AMC SNAP AMD UBER PINS COIN GME INTC CCL ATVI
Active options: TSLA BBBY AAPL AMC AMZN META NVDA GOOGL SNAP AMD UBER PINS MSFT F COIN GME INTC GOOG CCL ATVI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $74, natural gas mixed to higher, gold at $1887