Pre-Market IV Report March 24, 2023

Pre-Market IV Report March 24, 2023

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: VKTX DB MANU OZK PACW CMA ZION SLG DPST TRUP CNO ALDX CTLT GBIO BCS BLY BMEA AMPX EWBC ALLY BXP IAT SQ BXMT KEY KRE EUFN PNC BAC AI HIG MET PRE SPG HBAN KBWB RF SILV XP

Stocks expected to have increasing option volume: SPY QQQ RUT IWM ARKK XLF

Bank option IV

JPMorgan (JPM) 30-day option implied volatility is at 36; compared to its 52-week range of 20 to 44.

Wells Fargo (WFC) 30-day option implied volatility is at 49; compared to its 52-week range of 22 to 51.

Bank of America (BAC) 30-day option implied volatility is at 51; compared to its 52-week range of 22 to 50.

Citigroup (C) 30-day option implied volatility is at 46; compared to its 52-week range of 23 to 51.

Goldman Sachs (GS) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 44.

Morgan Stanley (MS) 30-day option implied volatility is at 40; compared to its 52-week range of 22 to 46.

U.S. Bancorp (USB) 30-day option implied volatility is at 52; compared to its 52-week range of 20 to 62.

KeyCorp (KEY) 30-day option implied volatility is at 83; compared to its 52-week range of 24 to 187.

Truist (TFC) 30-day option implied volatility is at 69; compared to its 52-week range of 23 to 114.

M&T Bank Corp. (MTB) 30-day option implied volatility is at 62; compared to its 52-week range of 22 to 80.

PNC Financial (PNC) 30-day option implied volatility is at 54; compared to its 52-week range of 22 to 55.

Charles Schwab (SCHW) 30-day option implied volatility is at 71; compared to its 52-week range of 26 to 104.

Capital One Financial (COF) 30-day option implied volatility is at 52; compared to its 52-week range of 30 to 54.

First Republic Bank (FRC) 30-day option implied volatility is at 392; compared to its 52-week range of 24 to 407.

Comerica (CMA) 30-day option implied volatility is at 105; compared to its 52-week range of 26 to 163.

Northern Trust (NTRS) 30-day option implied volatility is at 42; compared to its 52-week range 22 to 49.

Zions Bancorp (ZION) 30-day option implied volatility is at 118; compared to its 52-week range of 27 to 155.

Bank OZK (OZK) 30-day option implied volatility is at 106; compared to its 52-week range of 24 to 96.

Bank of New York (BK) 30-day option implied volatility is at 38; compared to its 52-week range of 20 to 95.

State Street (STT) 30-day option implied volatility is at 47; compared to its 52-week range of 26 to 91.

Regions Financial (RF) 30-day option implied volatility is at 57; compared to its 52-week range of 24 to 122.

Citizens Financial Group (CFG) 30-day option implied volatility is at 72; compared to its 52-week range of 23 to 90.

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 163; compared to its 52-week range of 30 to 398.

East-West Bancorp (EWBC) 30-day option implied volatility is at 79; compared to its 52-week range of 23 to 147.

Huntington Bancshares (HBAN) 30-day option implied volatility is at 62; compared to its 52-week range of 20 to 106.

Pacwest Bancorp (PACW) 30-day option implied volatility is at 192; compared to its 52-week range of 28 to 334.

Fifth Third Bancorp (FITB) 30-day option implied volatility is at 69; compared to its 52-week range of 24 to 108.

BankUnited (BKU) 30-day option implied volatility is at 93; compared to its 52-week range of 27 to 136.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 33; compared to its 52-week range of 17 to 37.

Spdr S&P Bank Etf (KBE) 30-day option implied volatility is at 54; compared to its 52-week range of 21 to 71.

SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 64; compared to its 52-week range of 21 to 81.

Credit Suisse (CS) 30-day option implied volatility is at 82; compared to its 52-week range of 30 to 301.

UBS AG (UBS) 30-day option implied volatility is at 53; compared to its 52-week range of 19 to 63.

Deutsche Bank (DB) 30-day option implied volatility is at 101; compared to its 52-week range of 25 to 101. Call put ratio 1 call to 7.9 puts.

Barclays plc (BCS) 30-day option implied volatility is at 61; compared to its 52-week range of 24 to 103.

HSBC Holdings (HSBC) 30-day option implied volatility is at 36; compared to its 52-week range of 19 to 40.

Lloyds Banking Group (LYG) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 99.

Blackstone (BX) 30-day option implied volatility is at 55; compared to its 52-week range of 36 to 60.

Interest rate – bond option IV

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 44; compared to its 52-week range of 32 to 60.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 30.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 12; compared to its 52-week range of 8 to 33.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 13; compared to its 52-week range of 9 to 23.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 13; compared to its 52-week range of 10 to 19.

Straddle prices into quarter results

BioNtech (BNTX) March weekly 129 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 27.

Carnival Corp (CCL) March weekly 9 straddle priced for a move of 14% into the expected release of quarter results before the bell on March 27.

PVH Corp (PVH) April 70 straddle priced for a move of 14% into the expected release of quarter results after the bell on March 27.

lululemon athletica (LULU) March weekly 307 straddle priced for a move of 11% into the expected release of quarter results after the bell on March 28.

Options with decreasing option implied volatility: PCT PATH NYCB PRVB AXSM ARRY FL NATI
Increasing unusual option volume: FRC DPST HLT ORCC HEAR ONON CMA ZION EPR DB SLG RILY
Increasing unusual call option volume: HLT DPST HEAR ONON IAG NGD KRE CTLT SCHW
Increasing unusual put option volume: ONON EPR SLG RILY DB UBS BCS
Popular stocks increasing options volume: SQ COIN NFLX FRC BABA GME SNAP RIOT WFC
Active options: TSLA NVDA AAPL BAC SQ AMZN AMD COIN NFLX MSFT META GOOGL FRC GOOG BABA GME SNAP RIOT MARA WFC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX down 1%, WTI Crude oil recently at $70, natural gas mixed, gold at $1994