Pre-Market IV Report March 23, 2021

Pre-Market IV Report March 23, 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: BFT HYG GNUS KODK UPST RLX BOX TME CLOV CGRO WMB

Stocks expected to have increasing option volume: INTC GME ADBE GIS HON QS

Intel (INTC) March weekly call option implied volatility is at 55, April is at 34; compared to its 52-week range of 25 to 87 into a business update and webcast address on March 23. Call put ratio 2.3 calls to 1 put.

GameStop (GME) March weekly call option implied volatility is at 350, April is at 270; compared to its 52-week range of 78 to 554 into the expected release of quarter results on March 23. Call put ratio 1 call to 1.6 puts.

Adobe (ADBE) March weekly call option implied volatility is at 48, April is at 34; compared to its 52-week range of 28 to 75 into the expected release of quarter results today after the bell.

Box (BOX) April call option implied volatility is at 72, May is at 58; compared to its 52-week range of 43 to 87. Call put ratio 11.5 calls to 1 put amid shares rally on reports of activist investor.

Straddle prices for stocks expected to report quarterly results this week

At Home Group (HOME) April 33 straddle priced for a move of 20% into the expected release of quarter results today after the bell

GameStop (GME) March weekly 195 straddle priced for a move of 31% into the expected release of quarter results today after the bell

Steelcase (SCS) April 15 straddle priced for a move of 18% into the expected release of quarter results today after the bell

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 55 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 10% into the expected release of quarter results after the bell on March 24

KB Home (KBH) April 45 straddle priced for a move of 12% into the expected release of quarter results after the bell on March 24

RH (RH) March weekly 530 straddle priced for a move of 13% into the expected release of quarter results after the bell on March 24

Winnebago (WGO) April 80 straddle priced for a move of 12% into the expected release of quarter results before the bell on March 24

Darden Restaurants (DRI) April 135 straddle priced for a move of 11% into the expected release of quarter results before the bell on March 25

Riot Blockchain (RIOT) March weekly 56 straddle priced for a move of 20% 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 WKHS PBR TLRY RKT ITUB RIOT
Increasing option volume: TUR FREQ JWS UPST RLX NUAN BOX DNN
Increasing unusual call option volume: TBA BOX NUAN DNN RLX
Increasing unusual put option volume: FREQ FTCH RLX CLVS BOX
Popular stocks with increasing volume: GM PLTR GME DKNG
Active options: AAPL TSLA FB PLTR AMC NIO AMD SNDL BAC F MSFT GE BABA BA AAL GM WFC DKNG AMZN GME
Global S&P Futures recently mixed to lower, Nikkei down 0.6%, DAX down 0.5%, WTI Crude oil recently at $60.63, natural gas down 1.4%, gold at $1736 an ounce