Pre-Market IV Report June 9, 2021

Pre-Market IV Report June 9, 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: CLNE CLOV WISH KODK SIRI KODK CLNE ATOS GNUS WEN RIDE CLOV WISH UPST

Stocks expected to have increasing option volume: AMC BB CLOV SNDL CCIV CPB UPS RIDE WKHS FSR GME LOVE

Option volume, IV, delta, gamma, vega and share price movers

Clover Health Investments (CLOV) June call option implied volatility is at 360, July is at 233; compared to its 52-week range of 12 to 306. Call put ratio 3.3 calls to 1 put with focus on June 22 calls.

Wendy’s (WEN) 30-day option implied volatility is at 147; compared to its 52-week range of 23 to 147. Call put ratio 3.7 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 197; compared to its 52-week range of 78 to 553 into quarter results and outlook today after the bell.

Micron (MU) June weekly call option implied volatility is at 37, June is at 36; compared to its 52-week range of 34 to 63. Call put ratio 1.3 calls to 1 put.

EV option movement amid WTI Crude oil trades above $70

Tesla (TSLA) 30-day option implied volatility is at 54; compared to its 52-week range of 48 to 130.

General Motors (GM) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 66. Call put ratio 4.2 calls to 1 put.

Ford (F) 30-day option implied volatility is at 47; compared to its 52-week range of 37 to 79. Call put ratio 3.7 calls to 1 put.

Stellantis (STLA) 30-day option implied volatility is at 34; compared to its 52-week range of 28 to 81. Call put ratio 24 calls to 1 put with focus on January calls.

NIO Inc. (NIO) 30-day option implied volatility is at 63; compared to its 52-week range of 55 to 216.

Lordstown Motors (RIDE) 30-day option implied volatility is at 241; compared to its 52-week range of 96 to 240 after adding ‘going concern’ warning to SEC filing.

Fisker (FSR) 30-day option implied volatility is at 97; compared to its 52-week range of 72 to 205.

Nikola (NKLA) 30-day option implied volatility is at 112; compared to its 52-week range of 83 to 306. Call put ratio 3.8 calls to 1 put.

Workhorse (WKHS) 30-day option implied volatility is at 169; compared to its 52-week range of 89 to 287. Call put ratio 5.3 calls to 1 put.

Blink Charging (BLNK) 30-day option implied volatility is at 88; compared to its 52-week range of 78 to 266.

Li Auto Inc. (LI) 30-day option implied volatility is at 74; compared to its 52-week range of 63 to 178.

QuantumScape (QS) 30-day option implied volatility is at 108; compared to its 52-week range of 76 to 232.

ExxonMobil (XOM) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 58 amid WTI crude oil trades above $70.

Straddle prices into expected release of quarter results next week

GameStop (GME) June weekly 300 straddle priced for a move of +/- 22% into the expected release of quarter results today after the bell.

Lovesac (LOVE) June 80 straddle priced for a move of +/- 16% into the expected release of quarter results today after the bell.

RH (RH) June weekly 630 straddle priced for a move of +/- 9% into the expected release of quarter results today after the bell.

United Natural Foods (UNFI) June 40 straddle priced for a move of +/- 15% into the expected release of quarter results today before the bell.

Chewy (CHWY) June weekly 79.50 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 46.50 straddle priced for a move of +/- 12% into the expected release of quarter results on June 10.

FuelCell (FCEL) June weekly 12 straddle priced for a move of +/- 17% into the expected release of quarter results on June 10.

Signet Jewelers (SIG) June weekly 61.50 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: BIIB SFIX BBBY EBAY FEYE DOCU
Increasing unusual option volume: WEN WISH SIRI CLOV LOTZ AHT DGLY RIDE
Increasing unusual call option volume: WISH EWJ SIRI LOTZ CLOV BBIG DGLY DISCK CLNE
Increasing unusual put option volume: WEN EWJ CLOV WISH SFIX COUP BIIB CLNE
Popular stocks with increasing volume: AMC BB F GME RKT
Active options: CLOV AAPL AMC TSLA BB F WISH WKHS PLTR AMZN NIO NOK SNDL RKT MSFT GME AMD MU FB BAC
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at 70.47, natural gas mixed, gold at $1895 an ounce