Pre-Market IV Report March 8, 2021

Pre-Market IV Report March 8, 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: HYG UUP XPEV XL UWMC AKRG BIDU CLOV TIGR PDD SRNE ENDP HL

Stocks expected to have increasing option volume: TSLA ROKU ZM DOCU GE LOW SFIX CI

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 79 as shares trade lower in premarket. Call put ratio 1 call to 1.4 puts.

ARK Innovation (ARKK) 30-day option implied volatility is at 64; compared to its 52-week range of 33 to 150 as shares trade lower in premarket. Call put ratio 1 call to 2.3 puts.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 40; compared to its 52-week range of 26 to 131. Call put ratio 3.1 calls to 1 put as WTI crude oil trades above $66.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 48; compared to its 52-week range of 41 to 190. Call put ratio 2.1 calls to 1 put as WTI crude oil trades above $66.

General Electric (GE) March weekly call option implied volatility is at 47, March is at 46; compared to its 52-week range of 40 to 142 into GE nears deal to combine aircraft-leasing unit with AerCap, WSJ reports.

Cigna (CI) March weekly call option implied volatility is at 28, March is at 29; compared to its 52-week range of 31 to 113 into a company sponsored virtual analyst meeting today.

Chevron (CVX) March weekly call option implied volatility is at 34, March is at 33; compared to its 52-week range of 31 to 112 into a company sponsored virtual analyst day on March 9.

Sonos (SONO) March call option implied volatility is at 70, April is at 65; compared to its 52-week range of 59 to 120 into hosting a analyst day on March 9.

Verizon (VZ) March weekly call option implied volatility is at 18, March is at 19; compared to its 52-week range of 15 to 72 into a company sponsored virtual analyst day on March 10.

T-Mobile (TMUS) March weekly call option implied volatility is at 35, March is at 36; compared to its 52-week range of 22 to 88 into a company sponsored virtual analyst day on March 11.

AT&T (T) March weekly call option implied volatility is at 24, March is at 23; compared to its 52-week range of 18 to 80 into a company sponsored virtual analyst & investor day on March 12.

Straddle prices for stocks expected to report quarterly results this week

Stitch Fix (SFIX) March weekly 70 straddle priced for a move of 29% into the expected release of quarter results today after the bell

XPeng (XPEV) March weekly 29 straddle priced for a move of 16% into the expected release of quarter results today before the bell

H&R Block (HRB) March 20 straddle priced for a move of 10% into the expected release of quarter results after the bell on March 9

Dicks Sporting Goods (DKS) March weekly 71.50 straddle priced for a move of 11% into the expected release of quarter results before the bell on March 9

AMC Entertainment (AMC) March weekly 8 straddle priced for a move of 30% into the expected release of quarter results before the bell on March 10

Campbell Soup (CPB) March weekly 46.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on March 10

Bumble (BMBL) March 60 straddle priced for a move of 17% into the expected release of quarter results before the bell on March 10

Fossil (FOSL) March weekly 16 straddle priced for a move of 16% into the expected release of quarter results on March 10

Oracle (ORCL) March weekly 70 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on March 10

JD.COM (JD) March weekly 91 straddle priced for a move of 9% into the expected release of quarter results on March 11

Ulta Beauty (ULTA) March straddle 332 priced for a move of 9% into the expected release of quarter results after the bell on March 11

DocuSign (DOCU) March weekly 205 straddle priced for a move of 9.5% into the expected release of quarter results after the bell on March 11

Vail Resorts (MTN) March straddle 310 priced for a move of 8% into the expected release of quarter results after the bell on March 11

Options with decreasing option implied volatility: BBBY RKT NOK LUMN AMC MIK GME
Increasing option volume: TIP WTI PFF LPRO DNN GMBL SOS
Increasing unusual call option volume: WTI PFF DNN TIP GMBL SOS
Increasing unusual put option volume: SLM SOS TPGY PFF STNE
Popular stocks with increasing volume: CCL AAL XOM NCLH
Active options: TSLA AAPL NIO PLTR AMD SNAP AMZN FB GME RKT GE CCL AAL AMC MSFT BAC XOM BA NCLH SNDL
Global S&P Futures recently down 0.7%, Nikkei mixed, DAX down 0.9%, WTI Crude oil recently at $66.30, natural gas down 1.8%, gold at $1698 an ounce