Pre-Market IV Report March 24, 2021

Pre-Market IV Report March 24, 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: GME IDEX GNUS FEYE MRK HYG UPST MP CLOV

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

GameStop (GME) March weekly call option implied volatility is at 435, April is at 270; compared to its 52-week range of 78 to 554 into quarter results. Call put ratio 1 call to 1.9 puts, shares are down 8% in the premarket.

Chip IV flat

Intel (INTC) March weekly call option implied volatility is at 71, April is at 35; compared to its 52-week range of 25 to 87 into a business update and webcast address on March 23. Call put ratio 1.4 calls to 1 put amid INTC shares up 4% in premarket.

Advanced Micro Devices, Inc. (AMD) March weekly call option implied volatility is at 46, April is at 37; compared to its 52-week range of 40 to 87 into a Intel (INTC) business update. Call put ratio 1.7 calls to a put.

NVIDIA (NVDA) March weekly call option implied volatility is at 38, April is at 35; compared to its 52-week range of 36 to 85 into a Intel (INTC) business update. Call put ratio 1,1 calls to 1 put.

Micron (MU) March weekly call option implied volatility is at 50, April is at 49; compared to its 52-week range of 38 to 92 into a Intel (INTC) business update. Call put ratio 2.2 calls to 1 put.

Taiwan Semi (TSM) March weekly call option implied volatility is at 44, April is at 36; compared to its 52-week range of 26 to 69 into a Intel (INTC) business update. Call put ratio 1 call to 1 put.

Market Vectors Semiconductor ETF (SMH) March weekly call option implied volatility is at 33, April is at 32; compared to its 52-week range of 27 to 64 into a Intel (INTC) business update. Call put ratio 1.5 calls to 1 put.

IBB short duration puts more active than calls

iShares Nasdaq Biotechnology (IBB) March weekly call option implied volatility is at 30, April is at 27; compared to its 52-week range of 22 to 52 into a Intel (INTC) business update. Call put ratio 1 call to 5.1 puts with focus on April puts.

Straddle prices for stocks expected to report quarterly results this week

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

GrowGeneration (GRWG) March weekly 52 straddle priced for a move of 16% into the expected release of quarter results today

H.B. Fuller (FUL) April 60 straddle priced for a move of 8% into the expected release of quarter results today after the bell

KB Home (KBH) April 43 straddle priced for a move of 12% into the expected release of quarter results today after the bell

RH (RH) March weekly 510 straddle priced for a move of 12% into the expected release of quarter results today after the bell

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

Darden Restaurants (DRI) April 135 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 25

Riot Blockchain (RIOT) March weekly 50 straddle priced for a move of 22% 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: TLRY WKHS CCIV TLRY RKT
Increasing option volume: MO FNKO FREQ VECO PRCH
Increasing unusual call option volume: FNKO MO WVE MLCO NYMT
Increasing unusual put option volume: VIAC MP AR NTR
Popular stocks with increasing volume: PLTR CCL SNAP AAL AMC
Active options: AAPL TSLA PLTR FB MSFT AMC NIO MO BA AMD AAL AMZN CCL T F GE MU SNAP GNUS BAC
Global S&P Futures recently mixed to higher, Nikkei down 2%, DAX down 0.5%, WTI Crude oil recently at $58.88, natural gas up 0.8%, gold at $1738 an ounce