Pre-Market IV Report March 7, 2022

Pre-Market IV Report March 7, 2022

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: AA GILD ORCL RSX GOLD BKLN IPOF CEI WEAT

Stocks expected to have increasing option volume: OAS WLL XLE XOP USO XOM CVX DVN LNG HES OXY AAL UAL DAL LUV FCX BBBY

Apple (AAPL) 30-day option implied volatility is at 34; compared to its 52-week range of 19 to 41 into hosting its annual spring product launch event on March 8. Call put ratio 1.1 calls to 1 put.

Oasis Petroleum (OAS) 30 day option implied volatility is at 57; compared to its 52-week range of 41 to 80 into Oasis, Whiting (WLL) close to all-stock merger, WSJ reports.

Whiting Petroleum (WLL) 30 day option implied volatility is at 65; compared to its 52-week range of 46 to 76 into Oasis (OAS), Whiting close to all-stock merger, WSJ reports. Call put ratio 1 call to 2.7 puts.

Bed Bath & Beyond (BBBY) 30 day option implied volatility is at 108; compared to its 52-week range of 57 to 197. Call put ratio 3 calls to 1 put into Chewy (CHWY) co-founder Ryan Cohen takes stake WSJ says.

WTI crude oil trades to 2008 highs

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 56; compared to its 52-week range of 35 to 54 amid WTI Crude oil trades above $124. Call put ratio 7.4 calls to 1 put.

Halliburton (HAL) 30-day option implied volatility is at 58; compared to its 52-week range of 37 to 60 amid WTI Crude oil trades above $124.

Fluor Corp. (FLR) 30-day option implied volatility is at 56; compared to its 52-week range of 43 to 90 amid WTI Crude oil trades above $124.

United States Oil Fund (USO) 30-day option implied volatility is at 82; compared to its 52-week range of 28 to 76 amid WTI Crude oil trades above $124.

Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 57; compared to its 52-week range of 38 to 57.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 42; compared to its 52-week range of 25 to 54 amid WTI Crude oil trades above $124.

Cheniere Energy (LNG) 30-day option implied volatility is at 44; compared to its 52-week range of 24 to 45 call. Call put ratio 11.8 calls to 1 put.

Exxon Mobil (XOM) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 40 amid WTI Crude oil trades above $124.

Chevron (CVX) 30-day option implied volatility is at 38; compared to its 52-week range of 21 to 38 amid WTI Crude oil trades above $124.

Devon Energy (DVN) 30-day option implied volatility is at 62; compared to its 52-week range of 43 to 68 amid WTI Crude oil trades above $124.

Hess Corp. (HES) 30-day option implied volatility is at 53; compared to its 52-week range of 34 to 58 amid WTI Crude oil trades above $124.

Occidental Petroleum (OXY) 30-day option implied volatility is at 85; compared to its 52-week range of 46 to 82 amid WTI Crude oil trades above $124.

United States Natural Gas (UNG) 30-day option implied volatility is at 58; compared to its 52-week range of 30 to 219 as natural gas prices are near upper end of range.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 42; compared to its 52-week range of 26 to 45 as gold trades above $2000.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 38. Call put ratio 5.4 calls to 1 put.

Option implied volatility for industrial metal stocks as aluminum at decade high

Alcoa (AA) 30 day option implied volatility is at 78; compared to its 52-week range of 49 to 79.

Straddle prices for stocks expected to report quarterly results

Ciena (CIEN) March weekly 66 straddle priced for a move of +/- 11% into the expected release of quarter results on March 7.

Bumble (BMBL) March 20 straddle priced for a move of +/- 19% into the expected release of quarter results after the bell on March 8.

Intrepid Potash (IPI) March 70 straddleIPI priced for a move of +/- 18% into the expected release of quarter results after the bell on March 8.

XPeng (XPEV) March weekly 29.50 straddle priced for a move of +/- 10% into the expected release of quarter results on March 8.

Rivian Automotive (RIVN) March weekly 47.50 straddle priced for a move of +/- 22% into the expected release of quarter results on March 10.

Options with decreasing option implied volatility: PYPL KSS SNAP NFLX FB
Increasing unusual option volume: WEAT FEZ GILT MULN REI ARCC CORN
Increasing unusual call option volume: WEAT MULN VDE REI CORN PLG CSX
Increasing unusual put option volume: BCS ARCC VLDR PVH LEVI AER
Popular stocks with increasing volume: CLF LCID SOFI BA
Active options: AAPL TSLA AMD NVDA BAC OXY AAL F AMC FB MSFT NIO XOM CLF UBER AMZN LCID SOFI C BA
Global S&P Futures down 1.3% in premarket, Nikkei down 2.9%, DAX down 4%, WTI Crude oil recently at $124, natural gas mixed, gold at $2001 an ounce