Pre-Market IV Report January 31, 2022

Pre-Market IV Report January 31, 2022
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: CTXS SVFA BOIL ZNGA VOD NEGG BCTX FTHM SNAP
Stocks expected to have increasing option volume: AMD PYPL GM UPS XOM SBUX CTXS WBA UPS PYPL SNAP
Energy prices near high end of range
SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 51; compared to its 52-week range of 39 to 58 as WTI Crude oil near 7-year highs.
Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 38; compared to its 52-week range of 25 to 54 as WTI Crude oil near 7-year highs. Call put ratio 1 call to 2 puts.
United States Natural Gas (UNG) 30-day option implied volatility is at 83; compared to its 52-week range of 31 to 219 as natural gas up 6%. Call put ratio 2 calls to 1 put.

Option IV for gambling resorts amid Macau junket headlines
Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 55; compared to its 52-week range of 34 to 72.
Las Vegas Sands (LVS) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 60.
Melco Resorts & Entertainment (MLCO) 30-day option implied volatility is at 95; compared to its 52-week range of 35 to 81. Call put ratio 11 calls to 1 put with focus on February 12 calls.
MGM Resorts (MGM) 30-day option implied volatility is at 50; compared to its 52-week range of 35 to 67.
Caesars Entertainment (CZR) 30-day option implied volatility is at 64; compared to its 52-week range of 41 to 75.

Straddle prices for stocks expected to report quarterly results this week
Cirrus Logic (CRUS) February 85 straddle priced for a move of +/- 10% into the expected release of quarter results today after the bell.
NXP Semiconductors (NXPI) February weekly 189 straddle priced for a move of +/- 9% into the expected release of quarter results today after the bell.
Advanced Micro Devices (AMD) February weekly 105 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on February 1.
Sirius XM (SIRI) February weekly 6 straddle priced for a move of +/- 11% into the expected release of quarter results after the bell on February 1.
Alphabet (GOOG) February weekly 2765 straddle priced for a move of +/- 6% into the expected release of quarter results after the bell on February 1.
PayPal (PYPL) February weekly 162.50 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on February 1.
UPS (UPS) February weekly 197 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on February 1.
Electronic Arts (EA) February weekly 130 straddle priced for a move of +/- 6.5% into the expected release of quarter results after the bell on February 1.
Exxon Mobil (XOM) February weekly 75 straddle priced for a move of +/- 5% into the expected release of quarter results after the bell on February 1.
Gilead (GILD) February weekly 69 straddle priced for a move of +/- 6% into the expected release of quarter results after the bell on February 1.
Match (MTCH) February weekly 109 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on February 1.
MicroStrategy (MSTR) February weekly 340 straddle priced for a move of +/- 15% into the expected release of quarter results after the bell on February 1.
Starbucks (SBUX) February weekly 97 straddle priced for a move of +/- 5.5% into the expected release of quarter results after the bell on February 1.
General Motors (GM) February weekly 51 straddle priced for a move of +/- 7.5% into the expected release of quarter results on February 1.
Movers
ARK Innovation ETF (ARKK) 30-day option implied volatility is at 66; compared to its 52-week range of 28 to 72. Call put ratio 1 call to 1.4 puts.
Tuttle Capital Short Innovation ETF (SARK) 30-day option implied volatility is at 70; compared to its 52-week range of 40 to 75. Call put ratio 2.1 calls to 1 put.
Citrix Systems (CTXS) 30-day option implied volatility is at 61; compared to its 52-week range of 21 to 62. Call put ratio 7.7 calls to 1 put into near deal to be taken private, The Wall Street Journal reported.

Options with decreasing option implied volatility FLEX NUAN FEZ BBD
Increasing unusual option volume: BKLN MCMJ PAGS GNRC MGI VTI
Increasing unusual call option volume: FLEX TCOM BBD NEWR MGI
Increasing unusual put option volume: BKLN ARRY NOVA ARCC NEWR
Popular stocks with increasing volume: NIO SOFI UBER PLTR T V
Active options: AAPL TSLA HOOD NVDA AMD F NIO MSFT LCID AMC FB UBER SOFI INTC AAL T PLTR AMZN V BAC
Global S&P Futures mixed, Nikkei up 1%, DAX up 1%, WTI Crude oil recently at $87.53, natural gas up 6%, gold at $1792 an ounce