Pre-Market IV Report June 7, 2024

Pre-Market IV Report June 7, 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: GME DOCU AMC NVAX XP CORZ RNA ZIM VNDA JMIA LABD MBLY CDE GTES BALY AAN COUR DNUT ETN

Stocks expected to have increasing option volume: NVDA GME DOCU ORCL

Option IV ahead of events and Friday’s government May employment report

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 2.1 calls to 1 put.

Apple (AAPL) June weekly (7) call option implied volatility is at 27, June is at 24; compared to its 52-week range of 16 to 31.

NVIDIA (NVDA) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 68 into stock split.

NVIDIA (NVDA) June weekly (7) call option implied volatility is at 64, June is at 52; compared to its 52-week range of 32 to 68.

GameStop (GME) 30-day option implied volatility is at 332; compared to its 52-week range of 52 to 347 into the expected release of quarter results after the bell on June 11. Call put ratio 2.3 calls to 1 put as share price above $62 before the bell.

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 13; compared to its 52-week range of 10 to 19 into May employment report.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 15; compared to its 52-week range of 14 to 24 into May employment report.

Straddle prices into quarter results

Oracle (ORCL) June weekly 123 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on June 11.

GameStop (GME) June weekly (14) 46 straddle priced for a move of 55% into the expected release of quarter results after the bell on June 11.

Movers

Moderna (MRNA) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 66.

Walgreens Boots Alliance (WBA) 30-day option implied volatility is at 47; compared to its 52-week range of 21 to 55. Call put ratio 1 call to 1.6 puts as share price below $16.

Globe Life Inc. (GL) 30-day option implied volatility is at 38; compared to its 52-week range of 12 to 217. Call put ratio 1 call to 6.7 puts with focus on June weekly (7) 80 puts.

Boot Barn Holdings (BOOT) 30-day option implied volatility is at 33; compared to its 52-week range of 31 to 93 as share price near 42-month high.

Smartsheet (SMAR) 30-day option implied volatility is at 31; compared to its 52-week range of 30 to 93. Call put ratio 3.3 calls to 1 put as share price up.

iShares MSCI Brazil (EWZ) 30-day option implied volatility is at 26; compared to its 52-week range of 20 to 31. Call put ratio 4.4 calls to 1 put as share price up.

Global X Uranium Etf (URA) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 48. Call put ratio 1 call to 11.2 puts as share price up.

Aaron’s (AAN) 30-day option implied volatility is at 42; compared to its 52-week range of 26 to 75 amid active June 7.5 puts.

Canadian Natural Resources (CNQ) 30-day option implied volatility is at 25; compared to its 52-week range of 19 to 73 with a focus on June 75 calls.

Emergent BioSolutions (EBS) 30-day option implied volatility is at 112; compared to its 52-week range of 69 to 232 with a focus on December 7.5 puts.

Options with decreasing option implied volatility: GTLB DJT S ASAN DELL GPS JWN ZS HPE ASTS GES
Increasing unusual option volume: FFIE MNST PEG DLO BNED WMB SFIX GOGL
Increasing unusual call option volume: PEG GOGL MNST FFIE SPG EWW ATUS VOD DLO
Increasing unusual put option volume: MNST DLO CORZ FIVE BKLN DOCU GME URA
Popular stocks with increasing volume: PYPL COIN LULU NIO CRM MNST AAL
Active options: NVDA TSLA GME AMD PLTR AMC AAPL HOOD AMZN META MARA PYPL COIN LULU NIO CRM MSFT MNST RIOT AAL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $75, natural gas mixed, gold at $2363