Pre-Market IV Report March 21, 2022

Pre-Market IV Report March 21, 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: SHOP DIDI BEKE IQ KWEB SIRI IPOF ATVI DWAC BBIG KODK ZIM ZNGA PSTH

Stocks expected to have increasing option volume: NKE ADBE PDD COIN NLSN PLAN NIO DRI

Stock option IV into events

Nvidia (NVDA) 30-day option implied volatility is at 49; compared to its 52-week range of 31 to 70 into investor day on March 22. Call put ratio 1.5 calls to 1 put.

NetApp (NTAP) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 47 into hosting an investor day on March 22.

Carnival (CCL) 30-day option implied volatility is at 62; compared to its 52-week range of 41 to 86 into hosting a business news update conference call for analysts on March 22.

Occidental Petroleum (OXY) 30-day option implied volatility is at 60; compared to its 52-week range of 46 to 89 into an investor update conference call to discuss Oxy low carbon ventures on March 23. Call put ratio 3.4 calls to 1 put.

Petco Health and Wellness (WOOF) 30-day option implied volatility is at 50; compared to its 52-week range of 40 to 137 into hosting a virtual investor day on March 23.

Moderna (MRNA) 30-day option implied volatility is at 73; compared to its 52-week range of 51 to 97 into hosting a third annual vaccines day on March 24.

Alaska Air (ALK) 30-day option implied volatility is at 45; compared to its 52-week range of 34 to 59 into hosting a investors day on March 24. Call put ratio 7.8 calls to 1 put.

Anaplan, Inc. (PLAN) April and May call option implied volatility is at 56, compared to its 52-week range of 35 to 90 into Thoma Bravo to acquire Anaplan for $66 per share, WSJ reports. Call put ratio 22 calls to 1 put with focus on April 55 and May 50 calls.

Nielsen (NLSN) 30-day option implied volatility is at 44; compared to its 52-week range of 26 to 58 into rejects takeover offer from private-equity consortium, WSJ reports. Call put ratio 2.7 calls to 1 put.

CoinBase (COIN) 30-day option implied volatility is at 64; compared to its 52-week range of 45 to 93 into Jim Chanos said he’s short on a CNBC broadcast.

Futu Holdings Limited (FUTU) 30-day option implied volatility is at 100; compared to its 52-week range of 62 to 160.

Straddle prices for stocks expected to report quarterly results

Nike (NKE) March weekly 131 straddle priced for a move of +/- 7.5% into the expected release of quarter results after the bell on March 21.

Pinduoduo (PDD) March weekly 42.50 straddle priced for a move of +/- 22% into the expected release of quarter results on March 21.

Adobe (ADBE) March weekly 450 straddle priced for a move of +/- 8% into the expected release of quarter results after the bell on March 22.

Carnival Cruise (CCL) March weekly 19.5 straddle priced for a move of +/- 8% into the expected release of quarter results before the bell on March 22.

Poshmark (POSH) April 12.50 straddle priced for a move of +/- 27% into the expected release of quarter results on March 22. Call put ratio 7 calls to 1 put.

Options with decreasing option implied volatility: SE AMZN SNAP SQ NKTR BRCC S
Increasing unusual option volume: MULN YY ZH HEAR FLEX
Increasing unusual call option volume: MULN GTLB ZH CARG KODK
Increasing unusual put option volume: GDS KODK QFIN GTLB SCO EWU
Popular stocks with increasing volume: SOFI T SQ PBR F AAL GME
Active options: AAPL TSLA NVDA AMD BABA FB NIO DIDI SOFI PLTR AMC MSFT AMZN T SQ PBR F MULN AAL GME
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $108, natural gas up 1%, gold at $1925 an ounce