Pre-Market IV Report June 5, 2024

Pre-Market IV Report June 5, 2024

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: SDOW BITI UWMC DNUT MNST TMUS ACB REVG EPI LBTYA CSTM HDB IBN PWSC INDA JAMF KOS MOMO VIK AZEK EWZ NANOS GBDC

Stocks expected to have increasing option volume: CRWD HPE BBWI LULU DDD SPWH PVH SFIX ODFL GWRE SNOW LYFT VRNT INTC DLTR FIVE SPWR DLTR CHPT SPWR PLCE DOCU SJM CIEN LOVE NIO INTC

Movement into events

NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 68 into stock split.

Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024. Call put ratio 2 calls to 1 put.

UnitedHealth Group (UNH) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 30 amid price movements.

Lyft (LYFT) 30-day option implied volatility is at 61; compared to its 52-week range of 50 to 98 into hosting an investor meeting on June 6, 2024. Call put ratio 1.9 calls to 1 put.

Straddle prices into quarter results

Lululemon (LULU) June weekly 305 straddle priced for a move of 12% into the expected release of quarter results today after the bell.

DocuSign (DOCU) June weekly 53 straddle priced for a move of 11% into the expected release of quarter results after the bell on June 6.

NIO (NIO) June weekly 5 straddle priced for a move of 12% into the expected release of quarter results before the bell on June 6.

Ciena (CIEN) June 45 straddle priced for a move of 12% into the expected release of quarter results before the bell on June 6.

Vail Resorts (MTN) June 190 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on June 6.

J.M. Smucker (SJM) June 110 straddle priced for a move of 5% into the expected release of quarter results before the bell on June 6.

Movers

Dollar Tree (DLTR) 30-day option implied volatility is at 49; compared to its 52-week range of 20 to 52. Options active on 39K contracts into expected release of quarter results today.

Donaldson (DCI) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 29. Call put ratio 4.7 calls to 1 put with focus on June 75 calls and puts.

Air Products (APD) 30-day option implied volatility is at 19; compared to its 52-week range of 15 to 67 with focus on June 250 calls and July 300 calls.

HealthEquity (HQY) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 90. Call put ratio 3.5 calls to 1 put as share price up.

United Airlines (UAL) 30-day option implied volatility is at 36; compared to its 52-week range of 30 to 54. Call put ratio 1 call to 9 puts with focus on August 43 and September 46 puts.

Cerevel Therapeutics Holdings (CERE) 30-day option implied volatility is at 27; compared to its 52-week range of 8 to 113 amid active June 40 puts, July 40 puts, July 42.50 calls and October 42.50 calls.

Core Scientific (CORZ) 30-day option implied volatility is at 79; compared to its 52-week range of 75 to 166 amid active July 6 puts, September 6 puts, September 7.5 calls and September 10 calls.

Axos Financial (AX) 30-day option implied volatility is at 57; compared to its 52-week range of 25 to 91 as share down 7.4%. Call put ratio 1 call to 2.3 puts.
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Options with decreasing option implied volatility: FL AI CHWY S GTLB ASAN OKLO GPS PATH OKTA ANF AAP DJT NTNX PSTG JWN ZS MDB DKS
Increasing unusual option volume: MNST FFIE IONS SFIX CORZ CNM FLEX
Increasing unusual call option volume: GLBE MNST FFIE CNK CORZ IGT BBWI CNM
Increasing unusual put option volume: CORZ MNST EWW BAX NLY BBWI INDA
Popular stocks with increasing volume: CCL INTC FCX COIN PFE GOLD DELL UAL CRM MNST
Active options: TSLA NVDA AMD AAPL GME MARA CCL PLTR AMZN AMC INTC FCX COIN PFE GOLD DELL UAL CRM MNST RIOT
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73, natural gas up 2%, gold at $2352