Pre-Market IV Report March 19, 2024

Pre-Market IV Report March 19, 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: X HE SOUN NFLX FUSN EDIT NFLX CNM VET CLBT EHC JNJ PG LQD

Stocks expected to have increasing option volume: NVDA SMCI ARM DELL PDD XPEV GIS

NVIDIA (NVDA) March weekly IV elevated into Keynote, share price unchanged before the bell

NVIDIA (NVDA) March call option implied volatility is at 96, March weekly is at 59; compared to its 52-week range of 32 to 68 into NVIDIA hosting its flagship GTC 2024 conference. Call put ratio 2.1 calls to 1 put.

Option IV into Japan rate move and FOMC Policy Meeting

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 13; compared to its 52-week range of 10 to 22.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 18; compared to its 52-week range of 14 to 26.

iShares Russell 2000 (RUT) 30-day option implied volatility is at 20; compared to its 52-week range of 16 to 28.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 38; compared to its 52-week range of 33 to 56 into FOMC meeting.

Straddle prices into quarter results

PDD Holdings (PDD) March weekly 128 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 20.

Movement

Charter Communications (CHTR) 30-day option implied volatility is at 34; compared to its 52-week range of 24 to 43 as share price near low end of range.

Ametek (AME) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 59 as share price near upper end of range.

NuScale Power Corporation (SMR) 30-day option implied volatility is at 138; compared to its 52-week range of 32 to 184 on active January 12.50 calls.

Science Applications Int’l (SAIC) SAIC 30-day option implied volatility is at 22; compared to its 52-week range of 15 to 76 on active April calls and puts.

Fulgent Genetics, Inc. (FLGT) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 100.

US Global Jets ETF (JETS) 30-day option implied volatility is at 25; compared to its 52-week range of 19 to 37.

Southmark Corp New (SMRK) 30-day option implied volatility is at 34; compared to its 52-week range of 26 to 85 on active September 25 puts.

EHang Holdings (EH) 30-day option implied volatility is at 80; compared to its 52-week range of 62 to 147 amid active October 14 puts.

Quicklogic Corp (QUIK) 30-day option implied volatility is at 70; compared to its 52-week range of 43 to 81 amid active April 20 and 25 calls.

Science Applications Int’l (SAIC) 30-day option implied volatility is at 22; compared to its 52-week range of 15 to 76 as share price down.

Options with decreasing option implied volatility: PCT GRPN ASAN S ZIM PATH ACAD ONON KSS JBL ARM ORCL DLTR DKS DG ULTA CSIQ FOUR MANU LEN ADM SWN ADBE
Increasing unusual option volume: NVEI SMR AMPX HUYA DLO
Increasing unusual call option volume: AMPX SMR VLY DLO FLR GLNG AVDX
Increasing unusual put option volume: OIH SOUN GOEV GRPN ATMU GES CMI ICLN
Popular stocks with increasing volume: WBD SOFI MARA SMCI TLRY BA SOUN RIVN PYPL HOOD
Active options: TSLA NVDA AAPL GOOGL AMD GOOG AMZN WBD SOFI META MSFT MARA SMCI TLRY BA SOUN RIVN PYPL HOOD
Global S&P Futures mixed in premarket, Nikkei up 2.6%, DAX mixed, WTI Crude oil recently at $82.50, natural gas up 1.5%, gold at $2155