Pre-Market IV Report March 1, 2023

Pre-Market IV Report March 1, 2023

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: AMC RETA CRM TSLA PRVB MRNS FRG HOUS BOWL PBR WWE USAC

Stocks expected to have increasing option volume: RIVN URBN LOW SNOW KSS M CRM CYTK AAP AMC LAZR M ANF ROST TSLA PLUG PSTG NIO SPCE FSLR DELL KR COST

Tesla (TSLA) March weekly call option implied volatility is at 94, March is at 69; compared to its 52-week range of 49 to 96 into 2023 Investor Day today. Call put ratio 1.6 calls to 1 put.

Activision Blizzard (ATVI) March weekly call option implied volatility is at 28, March is at 25; compared to its 52-week range of 9 to 46.

Straddle prices into quarter results

Salesforce (CRM) March weekly 162.50 straddle priced for a move of 7.5% into the expected release of quarter results after the bell of March 1. Call put ratio 1.4 calls to 1 put.

Snowflake (SNOW) March weekly 155 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Broadcom (AVGO) March weekly 595 straddle priced for a move of 7.5% into the expected release of quarter results after the bell of March 2.

Costco (COST) March weekly 485 straddle priced for a move of 3.5% into the expected release of quarter results after the bell of March 2.

Marvell Tech (MRVL) March weekly 45 straddle priced for a move of 7.5% into the expected release of quarter results after the bell of March 2.

Kroger (KR) March weekly 43 straddle priced for a move of 7% into the expected release of quarter results before the bell of March 2.

Dell Technology (DELL) March 40 straddle priced for a move of 8% into the expected release of quarter results after the bell of March 2.

Hormel (HRL) March weekly 44 straddle priced for a move of 5% into the expected release of quarter results before the bell of March 2.

Burlington Stores (BURL) March weekly 215 straddle priced for a move of 11% into the expected release of quarter results before the bell of March 2.

Hewlett Packard (HPE) March weekly 15 straddle priced for a move of 7% into the expected release of quarter results after the bell of March 2. Call put ratio 10 calls to 1 put.

Zscaler (ZS) March weekly 131 straddle priced for a move of 13% into the expected release of quarter results after the bell of March 2.

Best Buy (BBY) March weekly 83 straddle priced for a move of 8% into the expected release of quarter results before the bell of March 2. Call put ratio 1 call to 2.4 puts.

Macy’s (M) March weekly 20.50 straddle priced for a move of 10% into the expected release of quarter results after the bell of March 2. Call put ratio 1 call to 1.7 puts.

Nordstrom (JWN) March weekly 19.50 straddle priced for a move of 12% into the expected release of quarter results after the bell of March 2. Call put ratio 1 call to 1.8 puts.

C3.ai, Inc (AI) March weekly straddle priced for a move of 15% the expected release of quarter results after the bell of March 2. Call put ratio 3.4 calls to 1 put.

Portillo’s (PTLO) March 22.50 straddle priced for a move of 12% into the expected release of quarter results before the bell of March 2. Call put ratio 1 call to 5.6 puts.

Cytokinetics (CYTK) 30-day option implied volatility is at 79; compared to its 52-week range of 61 to 115 into Cytokinetics receives CRL from FDA regarding NDA for omecamtiv mecarbil.

SkyWater Technology (SKYT) 30-day option implied volatility is at 71; compared to its 52-week range of 60 to 145. Call put ratio 2 calls to 1 put.

Arconic (ARNC) 30-day option implied volatility is at 46; compared to its 52-week range of 40 to 115 after reports Apollo Global Management (APO) is in talk to acquire Arconic, according to a report from the Wall Street Journal, citing people familiar with the matter. Call put ratio 1.4 calls to 1 put.

Options with decreasing option implied volatility: CVNA BYND LCID OSTK TDOC FTCH ENVX ZM U BMBL IQ YETI IQ LMND ETSY TGT
Increasing unusual option volume: NOV CP RVNC INVH WWE RYAM NATI CANO CARG SFM RETA
Increasing unusual call option volume: NOV RVNC WWE CANO FTI RYAM
Increasing unusual put option volume: CP INVH KDP WWE PCG RETA VMW NRG ARRY DISH MAT
Popular stocks increasing options volume: COIN MARA AMC LAZR RIVN NIO ZM F OXY
Active options: TSLA AMC META AAPL NVDA LAZR AMZN COIN MARA AMD BBBY RIVN GOOGL BABA MSFT GOOG NIO ZM F OXY
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77, natural gas mixed, gold at $1837