Pre-Market IV Report March 30, 2021

Pre-Market IV Report March 30, 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 CMCSA KWEB TAL UA RAD UAA

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

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

Vipshop Holdings (VIPS) 30-day option implied volatility is at 107; compared to its 52-week range of 47 to 131.

Baidu (BIDU) 30-day option implied volatility is at 75; compared to its 52-week range of 32 to 84.

Tencent Music (TME) 30-day option implied volatility is at 89; compared to its 52-week range of 36 to 125.

GSX Techedu Inc. (GSX) 30-day option implied volatility is at 166; compared to its 52-week range of 79 to 238.

iQIYI (IQ) IQ 30-day option implied volatility is at 103; compared to its 52-week range of 46 to 138.

Farfetch Limited (FTCH) 30-day option implied volatility is at 69; compared to its 52-week range of 58 to 122. Call put ratio 1 call to 2.5 puts.

Discovery, Inc (DISCA) 30-day option implied volatility is at 93; compared to its 52-week range of 38 to 116.

ViacomCBS (VIAC) 30-day option implied volatility is at 94; compared to its 52-week range of 35 to 108.

Credit Suisse (CS) 30-day option implied volatility is at 51; compared to its 52-week range of 31 to 88 after warning of losses. Call put ratio 1 call to 1.6 puts with focus on April and May puts.

Nomura Holdings (NMR) 30-day option implied volatility is at 83; compared to its 52-week range of 5 to 257 after warning of losses. Call put ratio 1 call to 3.5 puts.

UBS AG (UBS) 30-day call option implied volatility is at 30; compared to its 52-week range of 25 to 77. Call put ratio 2.6 calls to 1 put after Nomura Holdings (NMR) and Credit Suisse (CS) warning of loss with client.

Movers

Zoom (ZM) 30-day option implied volatility is at 55; compared to its 52-week range of 51 to 107 as shares pull back.

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

BlackBerry (BB) April weekly 9 straddle priced for a move of 15% into the expected release of quarter results today

Chewy (CHWY) April weekly 79 straddle priced for a move of 14% into the expected release of quarter results today after the bell

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

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

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

Dave & Busters (PLAY) April weekly 47 straddle priced for a move of 13% into the expected release of quarter results on March 31

Micron (MU) April weekly 86.50 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 53 straddle priced for a move of 5.5% into the expected release of quarter results on March 31

CarMax (KMX) April weekly 135 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 1

Options with decreasing option implied volatility: SOS PBR WKHS CCIV RKT HGEN PRPB RH DRI DBX
Increasing unusual option volume: SEAC HGEN TME KTOS VIPS VIAC DISCA NLY
Increasing unusual call option volume: SEAC COMM KTOS CS FLY TME VIAC VIPS NLY DISCA STWD
Increasing unusual put option volume: CS TME VIPS BBD TAL IQ DISCA PCG
Popular stocks with increasing volume: GME RKT TME DKNG VIAC
Active options: AAPL TSLA VIAC PLTR FB NIO RKT BA WFC BIDU AMD TME AMC MSFT X GSX DKNG AMZN BAC GME
Global S&P Futures recently mixed, Nikkei mixed, DAX up 0.4%, WTI Crude oil recently at $61.52, natural gas mixed, gold at $1698 an ounce