Pre-Market IV Report June 4, 2021

Pre-Market IV Report June 4, 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: SNDL BB PSTH ATOS CLNE EDU TAL WISH CLOV AMC GPRO

Stocks expected to have increasing option volume: AMC GME BBBY BB RKT BIIB AVGO DOCU LULU AMGN

Tesla (TSLA) IV flat as share trend lower amid GM and Ford at upper end of 52-week range

Tesla (TSLA) 30-day option implied volatility is at 57; compared to its 52-week range of 48 to 130 amid shares trending lower. Call put ratio 1 call to 1 put.

Ford (F) 30-day option implied volatility is at 53; compared to its 52-week range of 37 to 79 amid shares trading near 52-week high. Call put ratio 4.6 calls to 1 put with focus on June weekly calls

Stellantis (STLA) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 81 amid shares trading near 52-week high.

General Motors (GM) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 66 amid shares trading near 52-week high 32 to 65. Call put ratio 4.6 calls to 1 put with focus on June weekly (25) 66 calls.

Apple (AAPL) June weekly (11) call option implied volatility is at 23, June is at 22; compared to its 52-week range of 22 to 62 into Apple Worldwide Developers Conference that is due to start June 7, 2021.

Biogen (BIIB) June weekly call option implied volatility is at 77, June is at 134; compared to its 52-week range of 28 to 108 into aducanumab in Alzheimer’s PDUFA date of June 7. Call put ratio 1.8 calls to 1 put.

Option IV for movers

AMC Entertainment (AMC) June (4) 145 calls expiring today active into shares trading $49 into premarket

AMC Entertainment (AMC) June weekly call option implied volatility is at 657, June is at 445; compared to its 52-week range of 85 to 725. Call put ratio 1.3 calls to 1 put with focus on June weekly calls. AMC traded more than 4M option contracts with focus on June weekly 145.

GameStop (GME) June weekly call option implied volatility is at 167, June is at 213; compared to its 52-week range of 78 to 553. Call put ratio 2.1 calls to 1 put with focus on June weekly calls into the expected release of quarter results after the bell on June 9.

BlackBerry (BB) June weekly call option implied volatility is at 370, June is at 340; compared to its 52-week range of 47 to 478. Call put ratio 3.7 calls to 1 put with focus on June weekly calls.

Bed Bath & Beyond (BBBY) June weekly call option implied volatility is at 230, June is at 170; compared to its 52-week range of 57 to 302. Call put ratio 1.3 calls to 1 put.

Straddle prices into expected release of quarter results next week

Coupa (COUP) June weekly 225 straddle priced for a move of +/- 9.5% into the expected release of quarter results after the bell on June 7.

Marvell Technology (MRVL) June weekly 47 straddle priced for a move of +/- 7% into the expected release of quarter results after the bell on June 7.

Stitch Fix (SFIX) June weekly 56 straddle priced for a move of +/- 19% into the expected release of quarter results after the bell on June 7.

Vail Resorts (MTN) June 330 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on June 7.

Plug Power (PLUG) June weekly 30 straddle priced for a move of +/- 11% into the expected release of quarter results on June 8.

Campbell Soup (CPB) June weekly 50 straddle priced for a move of +/- 5.5% into the expected release of quarter results before the bell on June 9.

GameStop (GME) June weekly 257 straddle priced for a move of +/- 14% into the expected release of quarter results after the bell on June 9.

Lovesac (LOVE) June 85 straddle priced for a move of +/- 15% into the expected release of quarter results after the bell on June 9.

RH (RH) June weekly 612.50 straddle priced for a move of +/- 14% into the expected release of quarter results after the bell on June 9.

United Natural Foods (UNFI) June 40 straddle priced for a move of +/- 20% into the expected release of quarter results before the bell on June 9.

Chewy (CHWY) June weekly 75 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on June 10.

Dave & Busters (PLAY) June weekly 41.50 straddle priced for a move of +/- 12% into the expected release of quarter results on June 10.

FuelCell (FCEL) June weekly 10 straddle priced for a move of +/- 20% into the expected release of quarter results on June 10.

Signet Jewelers (SIG) June weekly 60.50 straddle priced for a move of +/- 13% into the expected release of quarter results before the bell on June 10.

Options with decreasing option implied volatility: TWTR T ABT FSLY CLDR ZM BIG
Increasing unusual option volume: VTNR GTT EDU SOXS CLNE BB FIVE ADMP TEN AHT TAL TXRH FSR NKLA RIDE WKHS
Increasing unusual call option volume: VTNR SOXS CLNE BB AHT BBIG EXPR DLTR WKHS AMC NOK CLOV BBBY
Increasing unusual put option volume: BB EDU AMC BBBY CLNE SPLK
Popular stocks with increasing volume: BB WKHS GM RKT PLTR
Active options: AMC BB F AAPL TSLA SNDL NOK WKHS TLRY NVDA GM NIO PLTR GE BAC RKT CLOV AMD CCIV TWTR
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $69.15, natural gas up 0.9%, gold at $1875 an ounce