Pre-Market IV Report July 7, 2022

Pre-Market IV Report July 7, 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: CANO TXMD KRNT KOS RARE REV HGEN RDBX VTGN FFIE BHC VRCC UAA CLX VMW PSTH

Stocks expected to have increasing option volume: GME LEVI

Option IV at high end of range for FANG, PXD, APA, FCX amid price movement

Diamondback Energy (FANG) 30-day option implied volatility is at 65; compared to its 52-week range of 44 to 67. Call put ratio 6 calls to 1 put.

Pioneer Natural Resources (PXD) 30-day option implied volatility is at 54; compared to its 52-week range of 34 to 54.

APA Corporation (APA) 30-day option implied volatility is at 74; compared to its 52-week range of 49 to 74. Call put ratio 1.3 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 50; compared to its 52-week range of 29 to 80. Call put ratio 1 call to 1.2 puts.

Freeport-McMoran (FCX) 30-day option implied volatility is at 65; compared to its 52-week range of 40 to 65 as copper trades near 18-month low.

United States Natural Gas (UNG) 30-day option implied volatility is at 71; compared to its 52-week range of 39 to 198. Call put ratio 1.5 calls to 1 put.

Content creators and streamers option IV elevated as shares near low end of range

Paramount Global (PARA) 30-day option implied volatility is at 61; compared to its 52-week range of 32 to 63.

Walt Disney (DIS) 30-day option implied volatility is at 40; compared to its 52-week range of 21 to 58.

Netflix (NFLX) 30-day option implied volatility is at 79; compared to its 52-week range of 21 to 81.

Comcast (CMCSA) 30-day option implied volatility is at 34; compared to its 52-week range of 18 to 41.

Movers

GameStop (GME) 30-day option implied volatility is at 107; compared to its 52-week range of 69 to 156 into its board has approved and declared a four-for-one split of the video game retailer’s class A common stock. Call put ratio 1.6 calls to 1 put.

Premier (PINC) 30-day option implied volatility is at 36; compared to its 52-week range of call put ratio 25 calls to 63. Call put ratio 176 calls to 1 put with focus on August 40 calls.

Straddle prices for stocks expected to report quarterly results

Levi (LEVI) July 16 straddle priced for a move of 13% into the expected release of quarter results today after the bell.

Options with decreasing option implied volatility: SOS KSS UMC
Increasing unusual option volume: RFP CANO EWC SWCH GSM ELAN PINC
Increasing unusual call option volume: CANO RFP GSM NLOK GIS GERN
Increasing unusual put option volume: EWC VSTO HGEN NCR BWA UVIX MOMO
Popular stocks increasing volume: RIVN XOM SNAP OXY NKLA MU PINS
Active options: AAPL TSLA AMZN AMD NVDA META F MSFT LCID RIVN XOM AMC BABA NIO BAC SNAP OXY NKLA MU PINS
Global S&P Futures mixed in premarket, Nikkei up 1.4%, DAX up 1.7%, WTI Crude oil recently at $99, natural gas up 1%, gold at $1741 an ounce