Pre-Market IV Report March 29, 2021

Pre-Market IV Report March 29, 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: FNKO GNUS FEYE VIPS GSX DISCA BIDU VIAC TME GSX FTCH CS

Stocks expected to have increasing option volume: LULU MKC PVH CHWY BB FCTH VIPS GSX DISCA BIDU VIAC TME GSX CS

Stocks with wide price movement into Credit Suisse and Nomura warn of losses after Archegos-linked sell-off

Farfetch Limited (FTCH) 30-day option implied volatility is at 63; compared to its 52-week range of 58 to 126. Call put ratio 1 call to 2.5 puts.

Vipshop Holdings (VIPS) 30-day option implied volatility is at 131; compared to its 52-week range of 47 to 105.

GSX Techedu Inc. (GSX) 30-day option implied volatility is at 238; compared to its 52-week range of 79 to 190.

Discovery, Inc (DISCA) 30-day option implied volatility is at 116; compared to its 52-week range of 38 to 91.

Baidu (BIDU) 30-day option implied volatility is at 85; compared to its 52-week range of 32 to 82.

ViacomCBS (VIAC) 30-day option implied volatility is at 105; compared to its 52-week range of 35 to 108.

Tencent Music (TME) 30-day option implied volatility is at 124; compared to its 52-week range of 36 to 92.

GSX Techedu Inc. (GSX) 30-day option implied volatility is at 238; compared to its 52-week range of 79 to 190.

iQIYI (IQ) 30-day option implied volatility is at 139; compared to its 52-week range of 46 to 133.

Credit Suisse (CS) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 88 into Credit Suisse and Nomura warn of losses after Archegos-linked sell-off. Call put ratio 1 call to 48 puts with focus on April 13 puts.

United States Oil Fund (USO) 30-day option implied volatility is at 40; compared to its 52-week range of 29 to 248 into OPEC+ meeting on April 1.

Straddle prices into release of quarter results this week

Affirmed (AFMD) April 7.5 straddle priced for a move of 22% into the expected release of quarter results on March 29

Cal Maine Foods (CALM) April 40 straddle priced for a move of 9% into the expected release of quarter results before the bell on March 29

BlackBerry (BB) April weekly 9.5 straddle priced for a move of 15% into the expected release of quarter results on March 30

Chewy (CHWY) April weekly 79 straddle priced for a move of 15% into the expected release of quarter results after the bell on March 30

Lululemon (LULU) April 315 straddle priced for a move of 7.5% into the expected release of quarter results on after the bell on March 30

McCormick (MKC) April 90 straddle priced for a move of 6% into the expected release of quarter results on before the bell on March 30

PVH (PVH) April 100 straddle priced for a move of 11% into the expected release of quarter results after the bell on March 30

Dave & Busters (PLAY) April weekly 49 straddle priced for a move of 12% into the expected release of quarter results on March 31

Micron (MU) April weekly 88 straddle priced for a move of 7% into the expected release of quarter results after the bell on March 31

Walgreens Boots Alliance (WBA) April weekly 52 straddle priced for a move of 5% into the expected release of quarter results on March 31

CarMax (KMX) April weekly 134 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on April 1

Options with decreasing option implied volatility: ORCL PBR WKHS CCIV RKT
Increasing unusual option volume: EDU TAL NLSN TME KWEB VIPS VIAC ZTO LC
Increasing unusual call option volume: EDU TME ROOT VIPS VIAC KWEB KBH LC SOXL NAT
Increasing unusual put option volume: TAL KWEB TME VIPS VIAC IQ DISCA CAR CS
Popular stocks with increasing volume: GME AMC BABA SNAP X VIAC
Active options: TSLA AAPL NIO VIAC BIDU AMC GME PLTR AMD FB BA AMZN BAC TME BABA SNAP MSFT GSX IQ X
Global S&P Futures recently down 0.3%, Nikkei up 0.7%, DAX mixed, WTI Crude oil recently at $60.29, natural gas mixed, gold at $1722 an ounce