Pre-Market IV Report March 3, 2021

Pre-Market IV Report March 3, 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: XL PSTH HYG DNN USO RKT BIDU FSR CLOV GME SCO INFN

Stocks expected to have increasing option volume: SNOW FUBO ABNB LYFT AMBA BOX JWN ROST RKT LEN

Option volume and IV movers

Rocket (RKT) March weekly call option implied volatility is at 401; March is at 280; compared to its 52-week range of 57 to 178. Call put ratio 2.7 calls to 1 put with focus on March OTM calls. RKT Board of Directors recently declared a special dividend of $1.11 per share payable on March 23, 2021 to holders of our Class A common stock of record at the close of business on March 9, 2021.

GameStop (GME) 30-day option implied volatility is at 370; compared to its 52-week range of 78 to 553. Call put ratio 1 call to 1.8 puts.

Churchill Capital Corp IV (CCIV) 30-day option implied volatility is at 140; compared to its 52-week range of 145 to 289. Call put ratio 2.9 calls to 1 put.

Fisker (FSR) 30-day option implied volatility is at 165; compared to its 52-week range of 72 to 205. Call put ratio 3.4 calls to 1 put.

Clover Health Investments (CLOV) 30-day option implied volatility is at 113; compared to its 52-week range of 12 to 178. Call put ratio 9.4 calls to 1 put with focus on March 20 and May 15 calls.

Denison Mines (DNN) 30-day option implied volatility is at 227; compared to its 52-week range of 175 to 431. Call put ratio 9.8 calls to 1 put with focus on April and July 2.5 calls.

SOS Limited (SOS) 30-day option implied volatility is at 241; compared to its 52-week range of 115 to 433. Call put ratio 3.7 calls to 1 put.

Groupon (GRPN) March weekly call option implied volatility is at 88, March is at 64; compared to its 52-week range of 67 to 328. Call put ratio 1.2 calls to 1 put.

General Motors (GM) 30-day option implied volatility is at 47; compared to its 52-week range of 37 to 188. Call put ratio 5.8 calls to 1 put with focus on April 60 calls.

Virgin Galactic Holdings (SPCE) March weekly call option implied volatility is at 110, March is at 97; compared to its 52-week range of 78 to 238.

Straddle prices into quarter releases this week

American Eagle (AEO) March weekly 25 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Dollar Tree (DLTR) March weekly 99 straddle priced for a move of 11% into the expected release of quarter results today before the bell.

Marvell (MRVL) March weekly 48 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

National Beverage (FIZZ) March 47.50 straddle priced for a move of 17% into the expected release of quarter results today after the bell.

Snowflake (SNOW) March weekly 270 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Okta (OKTA) March weekly 260 straddle priced for a move of 8% into the expected release of quarter results today after the bell on March 3.

Splunk (SPLK) March weekly 149 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Vroom (VRM) March 50 straddle priced for a move of 15% into the expected release of quarter results after the bell on March 4.

Broadcom (AVGO) March weekly 480 straddle priced for a move of 6% into the expected release of quarter results after the bell on March 4.

Ciena (CIEN) March weekly 51.50 straddle priced for a move of 9% into the expected release of quarter results before the bell on March 4.

Gap (GPS) March weekly 26 straddle priced for a move of 14% into the expected release of quarter results on March 4.

Kroger (KR) March weekly 32.50 straddle priced for a move of 6% into the expected release of quarter results on March 4.

Costco (COST) March weekly 327 straddle priced for a move of 3.5% into the expected release of quarter results on March 4.

Big Lots (BIG) March 60 straddle priced for a move of 14% into the expected release of quarter results before the bell on March 5.

Options with decreasing option implied volatility: LUMN NOK BBBY EXPR AMC XNET EBON BYND
Increasing option volume: IEF VST PAGS SPCE DNN SOS MIK
Increasing unusual call option volume: DNN SOS APPH PAGS
Increasing unusual put option volume: SOS QSR SPCX IEF FL
Popular stocks with increasing volume: RKT DKNG TGT BB GME GM ZM
Active options: RKT NIO AAPL F AMC TSLA PLTR GME GM ZM SNDL SQ UWMC SOS DKNG FSR AMD TGT TLRY BB
Global S&P Futures recently up 0.4%, Nikkei mixed, DAX up 0.9%, WTI Crude oil recently at $60, natural gas mixed, gold at $1725 an ounce