Pre-Market IV Report June 1, 2021

Pre-Market IV Report June 1, 2021

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: IPOE VTNR EDU TAL BBIG AMC PSTH SNDL AMC BB IPOE GME BB BBBY CRON

Stocks expected to have increasing option volume: BIIB CGC HPE ZM AAP NTAP AVGO DOCU LULU AMGN
BIIB IV elevated into event

XOM and CVX IV low into WTI Crude Oil at highest level since October 2018

ExxonMobil (XOM) 30-day option implied volatility is at 27; compared to its 52-week range of 27 to 58 into WTI Crude Oil at highest level since October 2018.

Chevron (CVX) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 51

BIIB IV bid into data

Biogen (BIIB) June weekly call option implied volatility is at 75, June is at 120; compared to its 52-week range of 28 to 106 into for aducanumab in Alzheimer’s PDUFA date of June 7. Call put ratio 1 call to 1 put.

Option IV for movers

AMC Entertainment (AMC) 30-day option implied volatility is at 291; compared to its 52-week range of 85 to 726. Call put ratio 1.3 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 170; compared to its 52-week range of 78 to 553.Call put ratio 1.5 calls to 1 put.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 101; compared to its 52-week range of 56 to 303.Call put ratio 1.2 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 112; compared to its 52-week range of 47 to 478. Call put ratio 5.6 calls to 1 put with focus on May weekly calls.

Beyond Meat (BYND) 30-day option implied volatility is at 62; compared to its 52-week range of 43 to 99. Call put ratio 2.2 calls to 1 put.

Roblox (RBLX) 30-day option implied volatility is at 75; compared to its 52-week range of 58 to 131.

Express (EXPR) 30-day option implied volatility is at 173; compared to its 52-week range of 101 to 606. Call put ratio 6.7 calls to 1 put with focus on May weekly calls.

Ford (F) 30-day option implied volatility is at 44; compared to its 52-week range of 37 to 79. Call put ratio 3.4 calls to 1 put with focus on June options.

IV flat to low into events

Philip Morris International (PM) 30-day option implied volatility is at 20; compared to its 52-week range of 20 to 49 into hosting a webcast to discuss the company’s sustainability strategy.

Amgen (AMGN) June weekly call option implied volatility is at 16, June is at 21; compared to its 52-week range of 20 to 43 into discussing upcoming drug trial data.

Vanguard Reit Etf (VNQ) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 45.
Ishares U.S. Real Estate Etf (IYR) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 43.

iShares Nasdaq Biotechnology (IBB) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 35. Call put ratio 1 call to 1.5 puts.

Airbnb (ABNB) 30-day option implied volatility is at 45; compared to its 52-week range of 45 to 114. Call put ratio 2.8 calls to 1 put shares near low end of range.

Vinco Ventures (BBIG) 30-day option implied volatility is at 138; compared to its 52-week range of 85 to 227. Call put ratio 59 calls to 1 put with focus on July and January calls.

Straddle prices into expected release of quarter results this week

Ambarella (AMBA) June weekly 100 straddle priced for a move of +/- 10% into the expected release of quarter results today after the bell.

CanopyGrowth (CGC) June weekly 26 straddle priced for a move of +/- 13% into the expected release of quarter results today.

Hewlett Packard (HPE) June weekly 16 straddle priced for a move of +/- 7% into the expected release of quarter results today after the bell.

Plug Power (PLUG) June weekly 31 straddle priced for a move of +/- 8% into the expected release of quarter results today after the bell.

Zoom Video (ZM) June weekly 330 straddle priced for a move of +/- 9% into the expected release of quarter results today after the bell.

Advanced Auto Parts (AAP) June weekly 190 straddle priced for a move of +/- 8% into the expected release of quarter results before the bell on June 2.

Cloudera (CLDR) June weekly 13 straddle priced for a move of +/- 12% into the expected release of quarter results after the bell on June 2.

J.M. Smucker (SJM) June 135 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on June 2.

Lands End (LE) June 25 straddle priced for a move of +/- 16% into the expected release of quarter results before the bell on June 2.

NetApp (NTAP) June weekly 77 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on June 2.

PVH Corp (PVH) June 115 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on June 2.

Splunk (SPLK) June weekly121 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on June 2.

Broadcom (AVGO) June weekly 472.50 straddle priced for a move of +/- 2% into the expected release of quarter results after the bell on June 3.

Options with decreasing option implied volatility: T TWTR DDD FUTU FSLY ANF PLAN ZS ULTA JWN
Increasing unusual option volume: HPQ AMC VTNR EWJ BBIG KERN EMAN GOGO ABNB IGT BBIG
Increasing unusual call option volume: EWJ BBIG EVFM DLTR BB EXPR
Increasing unusual put option volume: ITUB AMC DLTR BB DELL
Popular stocks with increasing volume: F NIO BYND PLTR
Active options: AMC TSLA PLTR AAPL F SNDL BB NVDA AMD NIO TLRY SPCE NOK SNAP PLUG BYND T AMZN GME GE
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX up 1%, WTI Crude oil recently at $68.03, natural gas mixed, gold at $1951 an ounce