Pre-Market IV Report June 8, 2022

Pre-Market IV Report June 8, 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: YINN BBAI GGPI ACAD EVEX DVA

Stocks expected to have increasing option volume: XOM KSS SIG LOVE AMD INTC DOCU LOVE ORCL TGT NVAX CCJ UUUU DNN UEC VIRT SCHW HOOD IBKR CBRL

IV Movers amid headlines

Advanced Micro Devices Inc (AMD) 30-day option implied volatility is at 54; compared to its 52-week range of 29 to 73 into a company hosted financial analyst day on June 9. Call put ratio 1.7 calls to 1 put.

Intel (INTC) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 48 as shares offered lower in premarket.

Target (TGT) 30-day option implied volatility is at 33; compared to its 52-week range of 17 to 47 after the company lower guidance. Call put ratio 1 call to 1.2 puts after margin pressure warning.

Novavax (NVAX) 30-day option implied volatility is at 145; compared to its 52-week range of 64 to 167 into FDA granted EUA for COVID-19 vaccine.

Uranium stocks option volume & IV amid Washington headlines

Cameco Corp. (CCJ) 30-day option implied volatility is at 59; compared to its 52-week range of 44 to 80 amid sharp rally. Call put ratio 8 calls to 1 put.

Uranium Energy (UEC) 30-day option implied volatility is at 98; compared to its 52-week range of 74 to 141 amid share price rally. Call put ratio 7 calls to 1 put.

Denison Mines Corp. (DNN) 30-day option implied volatility is at 87; compared to its 52-week range of 42 to 171. Call put ratio 150 calls to 1 put.

Energy Fuels Inc. (UUUU) 30-day option implied volatility is at 97; compared to its 52-week range of 70 to 160 amid share price rally. Call put ratio 11 calls to 1 put.

Centrus Energy (LEU) 30-day option implied volatility is at 94; compared to its 52-week range of 56 to 148. Call put ratio 25 calls to 1 put.

Straddle prices for stocks expected to report quarterly results

DocuSign (DOCU) June weekly 88 straddle priced for a move of 20% into the expected release of quarter results after the bell on June 9.

FuelCell (FCEL) June 4 straddle priced for a move of 14% into the expected release of quarter results before the bell on June 9.

Rent the Runway (RENT) June 5 straddle priced for a move of 22% into the expected release of quarter results after the bell on June 9.

Signet Jewelers (SIG) June weekly 65 straddle priced for a move of 18% into the expected release of quarter results before the bell on June 9.

Stitch Fix (SFIX) June weekly 8.5 straddle priced for a move of 20% into the expected release of quarter results after the bell on June 9.

Vail Resorts (MTN) June 260 straddle priced for a move of 11% into the expected release of quarter results after the bell on June 9.

Movers in 2021

Carvana Co. (CVNA) 30-day option implied volatility is at 130; compared to its 52-week range of 37 to 200.

Shopify (SHOP) 30-day option implied volatility is at 84; compared to its 52-week range of 35 to 104.

DocuSign Inc. (DOCU) 30-day option implied volatility is at 99; compared to its 52-week range of 32 to 114 into quarter results.

DoorDash (DASH) 30-day option implied volatility is at 84; compared to its 52-week range of 44 to 120.

Snowflake (SNOW) 30-day option implied volatility is at 74; compared to its 52-week range of 36 to 114.

Zoom (ZM) 30-day option implied volatility is at 64; compared to its 52-week range of 34 to 114.

Workday (WDAY) 30-day option implied volatility is at 42; compared to its 52-week range of 26 to 69.

Meta Platforms (FB) 30-day option implied volatility is at 42; compared to its 52-week range of 21 to 79.

CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 63; compared to its 52-week range of 36 to 93.

JD.com (JD) 30-day option implied volatility is at 54; compared to its 52-week range of 31 to 95.

ServiceNow (NOW) 30-day option implied volatility is at 47; compared to its 52-week range of 25 to 67.

Options with decreasing option implied volatility: ASAN GTLB AMC CHWY KSS ASO LULU CPRI HPQ
Increasing unusual option volume: DNUT DVA BZ PMVP
Increasing unusual call option volume: DNUT ULCC ASHR HUSA
Increasing unusual put option volume: DNUT ING PSTH OLLI ASHR CPB
Popular stocks with increasing volume: XOM HOOD TGT PYPL TWTR AAL OXY SNAP
Active options: AMZN AAPL TSLA AMD XOM AMC NVDA FB BABA F HOOD TGT PYPL MSFT NIO RIG TWTR AAL OXY SNAP
Global S&P Futures mixed premarket, Nikkei up 1%, DAX mixed to higher, WTI Crude oil recently at $120, natural mixed, gold at $1852 an ounce