Pre-Market IV Report March 19, 2021

Pre-Market IV Report March 19, 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: KODK HYG PFE BFT GNUS DISCA USO UWMC CLOV BIDU BFT

Stocks expected to have increasing option volume: FDX NKE USO UCO XLE XOP ARKK IDRA LMT SPY QQQ HIG CB

Bank stocks IV flat on active volume as shares near upper end of range

Bank of America (BAC) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 124. Call put ratio 1.8 calls to 1 put as shares trade above $38.

Energy option IV as shares pull back

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 41; compared to its 52-week range of 34 to 128.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 52; compared to its 52-week range of 41 to 190.

ConocoPhillips (COP) 30-day option implied volatility is at 46; compared to its 52-week range of 39 to 151

EOG Resources (EOG) 30-day option implied volatility is at 55; compared to its 52-week range of 42 to 152

Schlumberger (SLB) 30-day option implied volatility is at 50; compared to its 52-week range of 43 to 174

Kinder Morgan (KMI) 30-day option implied volatility is at 32; compared to its 52-week range of 29 to 141

Occidental Petroleum (OXY) 30-day option implied volatility is at 71; compared to its 52-week range of 60 to 202

Phillips 66 (PSX) 30-day option implied volatility is at 42; compared to its 52-week range of 37 to 119

Marathon (MRO) 30-day option implied volatility is at 67; compared to its 52-week range of 58 to 269

Idera Pharma (IDRA) March call option implied volatility is at 450, April is at 260; compared to its 52-week range of 99 to 620 into announces ILLUMINATE-301 trial misses primary endpoint. Call put ratio 1 call to 2.2 puts.

Straddle prices for stocks expected to report quarterly results next week

At Home Group (ATHM) April 100 straddle priced for a move of 11% into the expected release of quarter results after the bell on March 23

GameStop (GME) March weekly 200 straddle priced for a move of 38% into the expected release of quarter results after the bell on March 23

Steelcase (SCS) April 16 straddle priced for a move of 15% into the expected release of quarter results after the bell on March 23

General Mills (GIS) April 60 straddle priced for a move of 6% into the expected release of quarter results before the bell on March 24

GrowGeneration (GRWG) March weekly 51 straddle priced for a move of 16% into the expected release of quarter results on March 24

H.B. Fuller (FUL) April 60 straddle priced for a move of 14% into the expected release of quarter results after the bell on March 24

KB Home (KBH) April 44 straddle priced for a move of 12% into the expected release of quarter results after the bell on March 24

RH (RH) March weekly 485 straddle priced for a move of 14% into the expected release of quarter results after the bell on March 24

Winnebago (WGO) April 85 straddle priced for a move of 15% into the expected release of quarter results before the bell on March 24

Darden Restaurants (DRI) April 140 straddle priced for a move of 10% into the expected release of quarter results before the bell on March 25

Riot Blockchain (RIOT) March weekly 60 straddle priced for a move of 23% into the expected release of quarter results before the bell on March 26

UP Fintech (TIGR) April 20 straddle priced for a move of 30% into the expected release of quarter results before the bell on March 26

Options with decreasing option implied volatility: CCIV OGI TLRY WKHS RKT
Increasing option volume: UPST JCI LEAF PAGS DNN WB CB HIG
Increasing unusual call option volume: JCI PAGS DNN PM EXPR WB SOXL
Increasing unusual put option volume: UPST STNE SOS WSM
Popular stocks with increasing volume: PLTR AAL SNAP GME
Active options: AAPL TSLA BAC AMC BA FB AMD PLTR GM F NIO SNDL SOS WFC AAL AMZN BABA SNAP NOK GME
Global S&P Futures recently mixed, Nikkei down 1.4%, DAX down 0.5%, WTI Crude oil recently at $60, natural gas up 0.9%, gold at $1739 an ounce