Pre-Market IV Report March 22, 2022

Pre-Market IV Report March 22, 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: KODK FPAC MGI BKLN RVNC NKE PRAX

Stocks expected to have increasing option volume: NKE ADBE NVDA

Nvidia (NVDA) March weekly option implied volatility elevated into investor day

Nvidia (NVDA) March weekly call option implied volatility is at 73, April is at 54; compared to its 52-week range of 31 to 70 into investor day today. Call put ratio 1.9 calls to 1 put.
Options expected to have volume, option and shares price movement

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 45. Call put ratio 1.8 calls to 1 put as shares rally 3.9%.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 20; compared to its 52-week range of 12 to 23.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 12; compared to its 52-week range of 5 to 15. Call put ratio 1 call to 37 puts with focus on September 101 and 107 puts.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 12; compared to its 52-week range of 4 to 15. Call put ratio 1 call to 4.1 puts.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 12; compared to its 52-week range of 6 to 14. Call put ratio 1 call to 2.6 puts with focus on May 114 and 120 puts.

United States Oil Fund (USO) 30-day option implied volatility is at 69; compared to its 52-week range of 28 to 80 amid WTI Crude oil trades above $113. Call put ratio 2.4 calls to 1 put.

Straddle prices for stocks expected to report quarterly results

Adobe (ADBE) March weekly 452 straddle priced for a move of +/- 7.5% into the expected release of quarter results today after the bell.

Carnival Cruise (CCL) March weekly 19 straddle priced for a move of +/- 7.5% into the expected release of quarter results today before the bell.

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

General Mills (GIS) April 62.50 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on March 23.

KB Home (KBH) April 37 straddle priced for a move of +/- 11% into the expected release of quarter results after the bell on March 23.

Phunware (PHUN) March weekly 25 straddle priced for a move of +/- 15% into the expected release of quarter results on March 23.

Winnebago (WGO) April 60 straddle priced for a move of +/- 12% into the expected release of quarter results before the bell on March 23.

Darden Restaurants (DRI) April 130 straddle priced for a move of +/- 10% into the expected release of quarter results on March 24.

Nio (NIO) March weekly 20 straddle priced for a move of +/- 13% into the expected release of quarter results on March 24.

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 today.

Occidental Petroleum (OXY) 30-day option implied volatility is at 63; 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 3.2 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. Call put ratio 2.6 calls to 1 put.

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. Call put ratio 1.6 calls to 1 put.

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 1 call to 2 puts.

Options with decreasing option implied volatility: PDD SST UVXY S VIXY CORZ NIO AFRM PLAN Y
Increasing unusual option volume: MULN USFD ZIM PLAN VICI
Increasing unusual call option volume: MULN ZIM PLAN USFD VICI
Increasing unusual put option volume: SCO BBD IGT WRBY HPQ ABUS
Popular stocks with increasing volume: BA OXY F DIDI SOFI
Active options: ZIM AAPL TSLA NVDA AMD BABA FB BBIG BA OXY NIO AMC MULN F MSFT CCJ BAC DIDI SOFI AMZN
Global S&P Futures mixed in premarket, Nikkei up, DAX mixed, WTI Crude oil recently at $113, natural gas mixed, gold at $1931 an ounce