Pre-Market IV Report March 8, 2023

Pre-Market IV Report March 8, 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: AVXL SI AVXL OSH SOUN CRWD GPS ASAN

Stocks expected to have increasing option volume: CRWD PYPL SFIX WE META SNAP ORCL JD CPB ASAN PTLO SOUN ASAN SI CPB

Option IV for Social Media Stocks amid Senators introduce bipartisan bill to boost US ability to ban TikTok

Snap (SNAP) 30-day option implied volatility is at 64; compared to its 52-week range of 57 to 128 amid Senators introduce bipartisan bill to boost US ability to ban TikTok. Call put ratio 1.9 calls to 1 put.

Meta (META) 30-day option implied volatility is at 39; compared to its 52-week range of 37 to 79.

Pinterest (PINS) 30-day option implied volatility is at 47; compared to its 52-week range of 46 to 107. Call put ratio 3 calls to 1 put.

Yelp (YELP) 30-day option implied volatility is at 28; compared to its 52-week range of 28 to 102.

Alphabet (GOOG) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 49.

Movers. Jerome Powell Testimony

NVIDIA (NVDA) 30-day option implied volatility is at 50; compared to its 52-week range of 46 to 82 as shares near 10-month high.

Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility is at 46; compared to its 52-week range of 44 to 73. Call put ratio 1.3 calls to 1 put.

Spirit Airlines (SAVE) 30-day option implied volatility is at 47; compared to its 52-week range of 23 to 109.

JetBlue Airways (JBLU) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 79. Call put ratio 1 call to 2.6 puts.

WeWork (WE) 30-day option implied volatility is at 143; compared to its 52-week range of 59 to 223 into in talks to restructure outstanding debt of over $3B, NY Times says.

PayPal (PYPL) 30-day option implied volatility is at 37; compared to its 52-week range of 36 to 84.

Portillo’s (PTLO) 30-day option implied volatility is at 47; compared to its 52-week range of 47 to 127 into files to sell 8M shares of Class A common stock.

Affirm Holdings (AFRM) 30-day option implied volatility is at 95; compared to its 52-week range of 90 to 214.

US Foods (USFD) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 80.

General Electric (GE) March weekly call option implied volatility is at 44, March is at 34; compared to its 52-week range of 25 to 252 into company hosted investor meeting on March 9. Call put ratio 1 call to 1.3 puts.

Straddle prices into quarter results

Asana (ASAN) March weekly 17.5 straddle priced for a move of 17% into the expected release of quarter results today after the bell. Call put ratio 3.8 calls to 1 put.

Oracle (ORCL) March weekly 88 straddle priced for a move of 6% into the expected release of quarter results after the bell on March 9. Call put ratio 2.5 calls to 1 put.

JD.com (JD) March weekly 48 straddle priced for a move of 7% into the expected release of quarter results after the bell on March 9.

Gap, Inc. (GPS) March weekly 12 straddle priced for a move of 13% into the expected release of quarter results after the bell on March 9.

National Beverage (FIZZ) March 45 straddle priced for a move of 10% into the expected release of quarter results on March 9.

DocuSign (DOCU) March weekly 65 straddle priced for a move of 13% into the expected release of quarter results after the bell on March 9.

Fuel Cell (FCEL) March weekly 3.5 straddle priced for a move of 17% into the expected release of quarter results on March 9.

Lithium stocks option IV flat

Albemarle (ALB) 30-day option implied volatility is at 42; compared to its 52-week range of 39 to 105.
Lithium Americas Corp (LAC) 30-day option implied volatility is at 58; compared to its 52-week range of 57 to 133.

Livent Corporation (LTHM) 30-day option implied volatility is at 50; compared to its 52-week range of 46 to 123. Call put ratio 5 calls to 1 put.

Sociedad Quimica y Minera de Chile (SQM) 30-day option implied volatility is at 40; compared to its 52-week range of 36 to 97.

Options with decreasing option implied volatility: RETA AMC OKTA MANU SE PSTG LAZR CPNG NTNX AEO ZS DDD KSS SPLK BIG BURL AMBA
Increasing unusual option volume: WW YMM VTV AMAM FEZ BKLN VST
Increasing unusual call option volume: WW TAP AMAM VST DPST DKS VTRS CARR
Increasing unusual put option volume: FEZ CFG DM BKLN SRG URA NKLA VNQ FLEX
Popular stocks increasing options volume: RIVN AMC SE BAC UBER COIN BABA BBBY
Active options: TSLA AAPL NVDA SNAP NKLA AMZN AMD META RIVN AMC GOOGL SE MSFT BAC UBER COIN BABA GOOG BBBY NFLX
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77, natural gas mixed, gold at $1818