Pre-Market IV Report March 9, 2022

Pre-Market IV Report March 9, 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 USO SWN DVN AA CAT CCL CVX MGI BBBY RIG BMBL CPRI DB SCO

Stocks expected to have increasing option volume: XLE XOP USO XOM CVX FSLR SPWR SFIX T DIS ORCL XPO BMBL YEXT

Energy, commodity, metal & grain stocks

Exxon Mobil (XOM) 30-day option implied volatility is at 47; compared to its 52-week range of 24 to 40 amid WTI Crude oil trades above $125. Call put ratio 3.3 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 46; compared to its 52-week range of 21 to 38.

Devon Energy (DVN) 30-day option implied volatility is at 68; compared to its 52-week range of 43 to 68.

Hess Corp. (HES) 30-day option implied volatility is at 61; compared to its 52-week range of 34 to 60.

Occidental Petroleum (OXY) 30-day option implied volatility is at 86; compared to its 52-week range of 46 to 82. Call put ratio 3.6 calls to 1 put.

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 62; compared to its 52-week range of 35 to 54. Call put ratio 4 calls to 1 put.

Halliburton (HAL) 30-day option implied volatility is at 62; compared to its 52-week range of 37 to 60.

Fluor Corp. (FLR) 30-day option implied volatility is at 69; compared to its 52-week range of 43 to 90. Call put ratio 23 calls to 1 put.

Baker Hughes Company (BKR) 30-day option implied volatility is at 58; compared to its 52-week range of 35 to 53 amid WTI Crude oil trades above $125. Call put ratio 3 calls to 1 put as shares.

United States Oil Fund (USO) 30-day option implied volatility is at 78; compared to its 52-week range of 28 to 81 amid WTI Crude oil trades above $125.

Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 66; 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.

Cheniere Energy (LNG) 30-day option implied volatility is at 49; compared to its 52-week range of 24 to 45 call. Call put ratio 2.7 calls to 1 put.

United States Natural Gas (UNG) 30-day option implied volatility is at 60; compared to its 52-week range of 30 to 219 as natural gas prices are near upper end of range. Call put ratio 4 calls to 1 put.

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 $2051.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 45; compared to its 52-week range of 23 to 38. Call put ratio 3.6 calls to 1 put.

Teucrium Wheat Fund (WEAT) 30-day option implied volatility is at 136; compared to its 52-week range of 23 to 182. Call put ratio 5.5 calls to 1 put.

Teucrium Corn Fund (CORN) 30-day option implied volatility is at 60; compared to its 52-week range of 21 to 74. Call put ratio 24 calls to 1 put.

Teucrium Soybean Fund (SOYB) 30-day option implied volatility is at 35; compared to its 52-week range of 17 to 35. Call put ratio 7 calls to 1 put.

First Solar (FSLR) 30-day option implied volatility is at 66; compared to its 52-week range of 33 to 65. Call put ratio 5.4 calls to 1 put.

SunPower (SPWR) 30-day option implied volatility is at 91; compared to its 52-week range of 58 to 98. Call put ratio 5.2 calls to 1 put.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 39; compared to its 52-week range of 16 to 103. Call put ratio 1 call to 3.2 puts.

Straddle prices for stocks expected to report quarterly results

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

Crowd Strike (CRWD) March weekly 157 straddle priced for a move of +/- 17% into the expected release of quarter results today after the bell.

Blink (BLNK) March weekly 24.50 straddle priced for a move of +/- 15% into the expected release of quarter results after the bell on March 10.

Endeavor (EDR) March 25 straddle priced for a move of +/- 15% into the expected release of quarter results on March 10.

National Beverage (FIZZ) March 40 straddle priced for a move of +/- 21% into the expected release of quarter results after the bell on March 10.

DocuSign (DOCU) March weekly 92 straddle priced for a move of +/- 21% into the expected release of quarter results after the bell on March 10.

Oracle (ORCL) March weekly 73 straddle priced for a move of +/- 8.5% into the expected release of quarter results after the bell on March 10.

Ulta Beauty (ULTA) March weekly 360 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on March 10.

JD.com (JD) March weekly 59 straddle priced for a move of +/- 8.5% into the expected release of quarter results after the bell on March 10.

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: MNDT ARNA JWN PYPL GRAB FB SNAP
Increasing unusual option volume: MULN WEAT HST SUNW USFD WWR
Increasing unusual call option volume: MULN WEAT SUNW WWR ASHR TMC
Increasing unusual put option volume: VGK BKLN SIRI CEI CNK
Popular stocks with increasing volume: OXY UBER CVX SOFI
Active options: AAPL TSLA VALE AMD NVDA XOM CEI AAL FB MSFT OXY UBER RIG CVX F BAC AMC AMZN NIO SOFI
Global S&P Futures bid higher in premarket, Nikkei mixed, DAX up 3%, WTI Crude oil recently at $124, natural gas mixed, gold at $2051 an ounce