Pre-Market IV Report March 8, 2022

Pre-Market IV Report March 8, 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: BKLN IPOF DBA XME WEAT XLF XLE SPY QQQ DVN BBBY MGI UAL

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

Apple (AAPL) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 41 into hosting its annual spring product launch event today. Call put ratio 1.3 calls to 1 put.

IV higher for energy, commodity, metal & grains

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 61; compared to its 52-week range of 35 to 54 amid WTI Crude oil trades above $121. Call put ratio 2.2 calls to 1 put.

Halliburton (HAL) 30-day option implied volatility is at 61; compared to its 52-week range of 37 to 60 amid WTI Crude oil trades above $121.

Fluor Corp. (FLR) 30-day option implied volatility is at 61; compared to its 52-week range of 43 to 90 amid WTI Crude oil trades above $121.

Baker Hughes Company (BKR) 30-day option implied volatility is at 60; compared to its 52-week range of 35 to 53 amid WTI Crude oil trades above $121. Call put ratio 14 calls to 1 put as shares.

United States Oil Fund (USO) 30-day option implied volatility is at 83; compared to its 52-week range of 28 to 81.

Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 67; compared to its 52-week range of 38 to 67.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 47; compared to its 52-week range of 25 to 54 amid.

Cheniere Energy (LNG) 30-day option implied volatility is at 48; compared to its 52-week range of 24 to 45 call. Call put ratio 4.4 calls to 1 put.

Exxon Mobil (XOM) 30-day option implied volatility is at 44; compared to its 52-week range of 24 to 40 amid WTI Crude oil trades above $121.

Chevron (CVX) 30-day option implied volatility is at 43; compared to its 52-week range of 21 to 38 amid WTI Crude oil trades above $121.

Devon Energy (DVN) 30-day option implied volatility is at 67; compared to its 52-week range of 43 to 68 amid WTI Crude oil trades above $121.

Hess Corp. (HES) 30-day option implied volatility is at 62; compared to its 52-week range of 34 to 58 amid WTI Crude oil trades above $121.

Occidental Petroleum (OXY) 30-day option implied volatility is at 90; compared to its 52-week range of 46 to 82 amid WTI Crude oil trades above $121.

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 50; compared to its 52-week range of 26 to 45 as gold trades above $2011.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 41; compared to its 52-week range of 23 to 38. Call put ratio 4.6 calls to 1 put.

Teucrium Wheat Fund (WEAT) 30-day option implied volatility is at 187; compared to its 52-week range of 23 to 182. Call put ratio 5.4 calls to 1 put.

Teucrium Corn Fund (CORN) 30-day option implied volatility is at 68; compared to its 52-week range of 21 to 74. Call put ratio 22 calls to 1 put.

Teucrium Soybean Fund (SOYB) 30-day option implied volatility is at 34; compared to its 52-week range of 17 to 35. Call put ratio 19 calls to 1 put.

Powershares Db Agriculture Fund (DBA) 30-day option implied volatility is at 46; compared to its 52-week range of 13 to 51. Call put ratio 7 calls to 1 put.

Uranium stocks option IV amid global energy concerns as Ukraine crisis spreads

Cameco Corp. (CCJ) 30-day option implied volatility is at 74; compared to its 52-week range of 44 to 104. Call put ratio 5 calls to 1 put.

Uranium Energy (UEC) 30-day option implied volatility is at 107; compared to its 52-week range of 74 to 158. Call put ratio 14 calls to 1 put.

Denison Mines Corp. (DNN) 30-day option implied volatility is at 98; compared to its 52-week range of 42 to 231. Call put ratio 30 calls to 1 put.

Energy Fuels Inc. (UUUU) 30-day option implied volatility is at 108; compared to its 52-week range of 70 to 160. Call put ratio 15 calls to 1 put.

Airline IV increases

American Airlines (AAL) 30-day option implied volatility is at 89; compared to its 52-week range of 39 to 75. Call put ratio 1 call to 1.7 puts.

Delta Air Lines (DAL) 30-day option implied volatility is at 71; compared to its 52-week range of 32 to 61. Call put ratio 4.7 calls to 1 put.

Southwest Airlines (LUV) 30-day option implied volatility is at 60; compared to its 52-week range of 28 to 53. Call put ratio 1.8 calls to 1 put.

United Airlines (UAL) 30-day option implied volatility is at 88; compared to its 52-week range of 37 to 70. Call put ratio 2.5 calls to 1 put.

Straddle prices for stocks expected to report quarterly results

Dick’s Sporting Goods (DKS) March weekly 99 straddle priced for a move of +/- 14% into the expected release of quarter results today before the bell.

Intrepid Potash (IPI) March 65 straddle priced for a move of +/- 22% into the expected release of quarter results today after the bell.

Bumble (BMBL) March 15 straddle priced for a move of +/- 28% into the expected release of quarter results today after the bell.

XPeng (XPEV) March weekly 27 straddle priced for a move of +/- 10% into the expected release of quarter results today.

Campbell Soup (CPB) March weekly 45 straddle priced for a move of +/- 7% into the expected release of quarter results before the bell on March 9.

Analog Devices (ADI) March weekly 146 straddle priced for a move of +/- 7% into the expected release of quarter results on March 9.

Johnson Controls (JCI) March weekly 60 straddle priced for a move of +/- 6% into the expected release of quarter results on March 9.

Qualcomm (QCOM) March weekly 150 straddle priced for a move of +/- 5% into the expected release of quarter results on after the bell on March 9.

Walt Disney (DIS) March weekly 133 straddle priced for a move of +/- 5% into the expected release of quarter results on after the bell on March 9.

United Natural Foods (UNFI) March 40 straddle priced for a move of +/- 18% into the expected release of quarter results before the bell on March 9.

Crowd Strike (CRWD) March weekly 167 straddle priced for a move of +/- 18% into the expected release of quarter results after the bell on March 9.

Rivian Automotive (RIVN) March weekly 42.50 straddle priced for a move of +/- 22% into the expected release of quarter results on March 10.

Options with decreasing option implied volatility: JWN PYPL KSS FB SNAP
Increasing unusual option volume: DSX FEZ MULN WEAT PTEN
Increasing unusual call option volume: DSX MULN WEAT PTEN FTI WTI
Increasing unusual put option volume: FEZ IGT ARCC BKLN COOP
Popular stocks with increasing volume: AAL OXY PLTR XOM VALE UBER
Active options: AAPL TSLA AMD CEI AAL BAC NVDA BBBY FB RIG OXY F AMC MSFT PLTR XOM NIO VALE UBER DAL
Global S&P Futures mixed in premarket, Nikkei down 1.7%, DAX up 1.6%, WTI Crude oil recently at $121, natural gas down 3%, gold at $2011 an ounce