Pre-Market IV Report June 6, 2022

Pre-Market IV Report June 6, 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: GGPI IPOF RDBX RLAY ACAD STEM SLDP CHPT DBX PCG

Stocks expected to have increasing option volume: AAPL SNAP TWTR PINS UNFI COUP FUTU ON VICI KDP UA DIDI

Apple’s annual Worldwide Developers Conference where developers can attend sessions and meet with Apple engineers. Apple’s 2022 event will run from June 6 through 10 and will be a free digital event.

Apple (AAPL) June weekly (10) call option implied volatility is at 37, June is at 36; compared to its 52-week range of 19 to 44 into Apple’s annual Worldwide Developers Conference from June 6 through 10.

Meta Platforms (FB) 30-day option implied volatility is at 45; compared to its 52-week range of 21 to 79 into Apple’s (AAPL) annual Worldwide Developers Conference beginning today. Call put ratio 1.3 calls to 1 put.

Snap (SNAP) 30-day option implied volatility is at 81; compared to its 52-week range of 43 to 128 into Apple’s (AAPL) annual Worldwide Developers Conference.

Pinterest (PINS) 30-day option implied volatility is at 69; compared to its 52-week range of 38 to 114 into Apple’s (AAPL) annual Worldwide Developers Conference today. Call put ratio 3.6 calls to 1 put.

Twitter (TWTR) 30-day option implied volatility is at 60; compared to its 52-week range of 21 to 88 into Apple’s (AAPL) annual Worldwide Developers Conference. Call put ratio 1.3 calls to 1 put.

IV into events

Pfizer (PFE) 30-day option implied volatility is at 27; compared to its 52-week range of 17 to 42 into a company hosted investment meeting today.

Advanced Micro Devices Inc (AMD) 30-day option implied volatility is at 55; compared to its 52-week range of 29 to 73 into a company hosted financial analyst day on June 9.

Straddle prices for stocks expected to report quarterly results

Coupa (COUP) June weekly 70 straddle priced for a move of 18% into the expected release of quarter results today after the bell.

Academy Sports (ASO) June weekly 35 straddle priced for a move of 12% into the expected release of quarter results before the bell on June 7.

Dave & Busters (PLAY) June weekly 36 straddle priced for a move of 11% into the expected release of quarter results before the bell on June 7.

J. M. Smucker (SJM) June 125 straddle priced for a move of 5% into the expected release of quarter results before the bell on June 7. Call put ratio 1 call to 4 puts.

United Natural Foods (UNFI) June 45 straddle priced for a move of 13% into the expected release of quarter results before the bell on June 7.

DiDi Global (DIDI) 30-day option implied volatility is at 128; compared to its 52-week range of 68 to 211 into shares up 55% in premarket.

Options with decreasing option implied volatility: FTCH ASAN GPS BIG GME AEO CHWY ZS PSTG
Increasing unusual option volume: TIP JOAN ATHA SRG ACAD UNIT
Increasing unusual call option volume: AVYA SRG DBX UNIT MNTV CHPT
Increasing unusual put option volume: TIP GOEV MPW ACAD
Popular stocks with increasing volume: CHPT AMC AAL TWTR XOM SNAP BABA OXY
Active options: TSLA AAPL AMD NVDA CHPT AMZN AMC F FB MSFT AAL GME NIO MU TWTR XOM SNAP BABA BAC OXY
Global S&P Futures up 0.5% premarket, Nikkei up 0.5%, DAX mixed to higher, WTI Crude oil recently at $119, natural down 3%, gold at $1855 an ounce