Pre-Market IV Report June 10, 2021

Pre-Market IV Report June 10, 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: CLVS GNUS INO IVR ROOT CLF GEO CLNE BBIG ZYNE

Stocks expected to have increasing option volume: GME RH CHWY SIG SNOW PLAY

Option volume, IV, delta, gamma, vega and share price movers for actively talked stocks on Reddit

Clover Health Investments (CLOV) 30-day option implied volatility is at 231; compared to its 52-week range of 12 to 306 amid actively talked stock on Reddit. Call put ratio 1.9 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 167; compared to its 52-week range of 48 to 478 amid actively talked stock on Reddit. Call put ratio 3.4 calls to 1 put with focus on June weekly calls.

GameStop (GME) 30-day option implied volatility is at 180; compared to its 52-week range of 78 to 553 amid actively talked stock on Reddit.

AMC Entertainment (AMC) 30-day option implied volatility is at 298; compared to its 52-week range of 85 to 726 amid actively talked stock on Reddit. Call put ratio 1.8 calls to 1 put.

Clean Energy Fuels (CLNE) 30-day option implied volatility is at 202; compared to its 52-week range of 61 to 202 amid actively talked stock on Reddit. Call put ratio 7.5 calls to 1 put.

Wendy’s (WEN) 30-day option implied volatility is at 81; compared to its 52-week range of 24 to 147 amid actively talked stock on Reddit. Call put ratio 1.7 calls to 1 put on 104K contracts, compared to 90 day average of 792 contracts.

Workhorse Group (WKHS) 30-day option implied volatility is at 197; compared to its 52-week range of 89 to 287 amid actively talked stock on Reddit. Call put ratio 7 calls to 1 put with focus on June weekly calls

Academy Sports and Outdoor (ASO) 30-day option implied volatility is at 64; compared to its 52-week range of 61 to 163 amid actively talked stock on Reddit. Call put ratio 7.9 calls to 1 put with focus on June 40 and 45 calls.

Tilray, Inc. (TLRY) 30-day option implied volatility is at 134; compared to its 52-week range of 70 to 360 amid actively talked stock on Reddit. Call put ratio 7.1 calls to 1 put with focus on June weekly options.

Nokia (NOK) 30-day option implied volatility is at 57; compared to its 52-week range of 34 to 378 amid actively talked stock on Reddit. Call put ratio 13 calls to 1 put with focus on June calls.

World Wrestling Entertainment (WWE) 30-day option implied volatility is at 73; compared to its 52-week range of 34 to 73 amid actively talked stock on Reddit. Call put ratio 8 calls to 1 put with focus on June and July calls.

Snowflake (SNOW) June weekly call option implied volatility is at 61, June is at 54; compared to its 52-week range of 45 to 100 into inaugural analyst day. Call put ratio 3.5 calls to 1 put.

Macy’s (M) 30-day option implied volatility is at 61; compared to its 52-week range of 51 to 171. Call put ratio 5.3 calls to 1 put with focus on July 22 calls.

The RealReal Inc. (REAL) 30-day option implied volatility is at 76; compared to its 52-week range of 66 to 115. Call put ratio 11.6 calls to 1 put with focus on June calls.

Straddle prices into expected release of quarter results this week

Chewy (CHWY) June weekly 78 straddle priced for a move of +/- 9% into the expected release of quarter results today after the bell.

Dave & Busters (PLAY) June weekly 46 straddle priced for a move of +/- 12% into the expected release of quarter results today.

FuelCell (FCEL) June weekly 11 straddle priced for a move of +/- 16% into the expected release of quarter results today.

Signet Jewelers (SIG) June weekly 61 straddle priced for a move of +/- 13% into the expected release of quarter results today before the bell.

Options with decreasing option implied volatility: FEYE BBBY EBAY DOCU BIIB AMC BB EXPR CLDR SFIX
Increasing unusual option volume: IVR BBIG WISH CLNE CP GEO
Increasing unusual call option volume: GEO WISH CLNE BBIG IVR EFA IYR AEZS
Increasing unusual put option volume: CLOV CLNE WISH GEO AHT PXD ATOS
Popular stocks with increasing volume: WKHS RKT BAC AMC
Active options: CLOV AMC WISH CLF IVR TSLA AAPL TLRY WKHS BB CLNE UWMC SNDL RKT RIDE AMD F BAC AMZN RIOT
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at 69.77, natural gas mixed, gold at $1879 an ounce