Pre-Market IV Report March 7, 2023

Pre-Market IV Report March 7, 2023

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: AMAM SI KOLD CARA BOIL SRG AZUL AUPH RLAY ALT UNG DOLE WWE SNAP SAVE

Stocks expected to have increasing option volume: DKS CRWD SAVE JBLU TCOM WW NTNX META SNAP

Jerome Powell Senate Testimony Tuesday and Wednesday

Tesla (TSLA) March weekly (10) call option implied volatility is at 65, March is at 61; compared to its 52-week range of 49 to 96. Call put ratio 1.3 calls to 1 put.

Spirit Airlines (SAVE) 30-day option implied volatility is at 62; compared to its 52-week range of 23 to 109. Call put ratio 1 call to 1.3 puts into reports of DOJ suit.

JetBlue Airways (JBLU) 30-day option implied volatility is at 43; compared to its 52-week range of 40 to 79. Call put ratio 3.5 calls to 1 put.

Energy

Exxon Mobil (XOM) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 47.

Chevron (CVX) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 46.

BP plc (BP) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 53.

Halliburton (HAL) 30-day option implied volatility is at 38; compared to its 52-week range of 37 to 63.

SLB (SLB) 30-day option implied volatility is at 34; compared to its 52-week range of 34 to 61.

United States Oil Fund (USO) 30-day option implied volatility is at 32; compared to its 52-week range of 33 to 80 as WTI Crude oil trades $80.

United States Natural Gas (UNG) 30-day option implied volatility is at 82; compared to its 52-week range of 50 to 120. Call put ratio 2.1 calls to 1 put.

Occidental Petroleum (OXY) 30-day option implied volatility is at 34; compared to its 52-week range of 34 to 89.

APA Corporation (APA) 30-day option implied volatility is at 43; compared to its 52-week range of 42 to 74.

Chesapeake Energy (CHK) 30-day option implied volatility is at 35; compared to its 52-week range of 33 to 112.

Diamondback Energy (FANG) 30-day option implied volatility is at 32; compared to its 52-week range of 30 to 92. Call put ratio 1 call to 3.6 puts.

Devon Energy (DVN) 30-day option implied volatility is at 35; compared to its 52-week range of 35 to 70.

Range Resources (RRC) 30-day option implied volatility is at 48; compared to its 52-week range of 47 to 81. Call put ratio 1 call to 2.6 puts.

Southwestern Energy (SWN) 30-day option implied volatility is at 48; compared to its 52-week range of 46 to 82.

EQT (EQT) 30-day option implied volatility is at 47; compared to its 52-week range of 45 to 77.

Coterra Energy (CTRA) 30-day option implied volatility is at 32; compared to its 52-week range of 32 to 61.

Antero Resources (AR) 30-day option implied volatility is at 51; compared to its 52-week range of 48 to 89.

Cheniere Energy (LNG) 30-day option implied volatility is at 32; compared to its 52-week range of 32 to 87.

Tellurian (TELL) 30-day option implied volatility is at 78; compared to its 52-week range of 68 to 169.

Kinder Morgan (KMI) 30-day option implied volatility is at 20; compared to its 52-week range of 20 to 38.

Movers

General Electric (GE) March weekly call option implied volatility is at 41, March is at 34; compared to its 52-week range of 25 to 252 into company hosted investor meeting on March 9.

Silvergate Capital (SI) 30-day option implied volatility is at 293; compared to its 52-week range of 74 to 315. Call put ratio 1 call to 3.1 puts.

Signature Bank (SBNY) 30-day option implied volatility is at 58; compared to its 52-week range of 40 to 275. Call put ratio 1 call to 4.2 puts.

Unisys Corp. (UIS) 30-day option implied volatility is at 64; compared to its 52-week range of 40 to 109. Call put ratio 1.8 calls to 1 put.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 195; compared to its 52-week range of 93 to 633. Call put ratio 2.6 calls to 1 put.

Straddle prices into quarter results

CrowdStrike (CRWD) March weekly 127 straddle priced for a move of 12% into the expected release of quarter results today.

Dick’s Sporting Goods (DKS) March weekly 132 straddle priced for a move of 8.5% into the expected release of quarter results today.

Stitch Fix (SFIX) March weekly 4.5 straddle priced for a move of 18% into the expected release of quarter results today after the bell.

Campbells Soup (CPB) March weekly 53 straddle priced for a move of 5% into the expected release of quarter results before the bell on March 8.

Asana (ASAN) March weekly 17.5 straddle priced for a move of 17% into the expected release of quarter results after the bell on March 8.

Oracle (ORCL) March weekly 90 straddle priced for a move of 6% into the expected release of quarter results after the bell on March 9.

JD.com (JD) March weekly 48 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on March 9.

Options with decreasing option implied volatility: RETA VTNR LAZR DDD PSTG OKTA ZM PSNY
Increasing unusual option volume: SRG XP AMAN XM AZUL
Increasing unusual call option volume: SRG AMAM XM AZUL WW SAVE VST CIEN CARR
Increasing unusual put option volume: XP SRG ZM CP RBA SAVE AI
Popular stocks increasing options volume: SNAP AMC COIN BBBY SI BABA CHPT NFLX AI MARA F
Active options: AAPL TSLA NVDA AMZN SNAP AMC META GOOGL AMD MSFT COIN GOOG BBBY SI BABA CHPT NFLX AI MARA F
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80, natural gas mixed, gold at $1850