Pre-Market IV Report March 4, 2021

Pre-Market IV Report March 4, 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: PSTH INFY XL HYG UWMC BIDU SOS PDD CLOV

Stocks expected to have increasing option volume: SNOW AEO MRVL COST BURL BJ CIEN KR OKTA SNAP ZNGA

Option volume implied volatility as investors await Fed chair’s comments on inflation prospects and rising bond yields.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 31; compared to its 52-week range of 21 to 79. Call put ratio 1 call to 2 puts on put volume of 1.3M contracts.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 111 as rates tick higher. Call put ratio 1.6 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 75; compared to its 52-week range of 54 to 154.

Cloud, fintech, tech and AI companies option implied volatility

Snowflake (SNOW) 30-day option implied volatility is at 73; compared to its 52-week range of 47 to 100 amid shares trading lower before the bell after quarter results and outlook.

ServiceNow (NOW) 30-day option implied volatility is at 47; compared to its 52-week range of 34 to 84.

Lemonade (LMND) 30-day option implied volatility is at 87; compared to its 52-week range of 63 to 134.

Bill.com (BILL) 30-day option implied volatility is at 61; compared to its 52-week range of 55 to 145.

C3.ai (AI) 30-day option implied volatility is at 101; compared to its 52-week range of 85 to 133.

CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 66; compared to its 52-week range of 50 to 118.

Appian Corporation (APPN) 30-day option implied volatility is at 93; compared to its 52-week range of 53 to 171.

Shopify (SHOP) 30-day option implied volatility is at 53; compared to its 52-week range of 46 to 124.

Zscaler (ZS) 30-day option implied volatility is at 54; compared to its 52-week range of 47 to 118.

Cloudflare (NET) 30-day option implied volatility is at 64; compared to its 52-week range of 57 to 119.

Coupa Software (COUP) 30-day option implied volatility is at 62; compared to its 52-week range of 48 to 123.

Fiverr International (FVRR) 30-day option implied volatility is at 89; compared to its 52-week range of 64 to 121.

ZoomInfo Technologies Inc. (ZI) 30-day option implied volatility is at 69; compared to its 52-week range of 61 to 131.

Zoom (ZM) 30-day option implied volatility is at 65; compared to its 52-week range of 51 to 137.

Okta, Inc. (OKTA) 30-day option implied volatility is at 54; compared to its 52-week range of 43 to 89.

Docusign (DOCU) 30-day option implied volatility is at 65; compared to its 52-week range of 46 to 128.

Palantir (PLTR) 30-day option implied volatility is at 85; compared to its 52-week range of 59 to 174.

Peloton (PTON) 30-day option implied volatility is at 73; compared to its 52-week range of 63 to 158.

Netflix (NFLX) 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 98.

Roku (ROKU) 30-day option implied volatility is at 66; compared to its 52-week range of 55 to 130.

Straddle prices into quarter releases this week

Vroom (VRM) March 45 straddle priced for a move of 18% into the expected release of quarter results today after the bell.

Broadcom (AVGO) March weekly 462.50 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

Ciena (CIEN) March weekly 50.50 straddle priced for a move of 10% into the expected release of quarter results today before the bell.

Gap (GPS) March weekly 26 straddle priced for a move of 13% into the expected release of quarter results today.

Kroger (KR) March weekly 33.50 straddle priced for a move of 6% into the expected release of quarter results today before the bell.

Costco (COST) March weekly 325 straddle priced for a move of 3.5% into the expected release of quarter results today

Big Lots (BIG) March 62.50 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: BB BBBY NOK AMC LUMN MIK
Increasing option volume: INFY UWMC SOS DNN CLBS MIK
Increasing unusual call option volume: INFY SOS DNN CLBS BHP
Increasing unusual put option volume: SOS MIK SIRI VIR DNN RKT ARKF
Popular stocks with increasing volume: GME RKT F CCL DKNG
Active options: AAPL RKT TSLA BAC GME NIO PLTR AMC SOS UWMC BA GE AMD F CCL AMZN AAL DKNG FB SNAP
Global S&P Futures recently down 0.2%, Nikkei down 2%, DAX down 0.4%, WTI Crude oil recently at $60.90, natural gas mixed, gold at $1706 an ounce