Pre-Market IV Report March 9, 2023

Pre-Market IV Report March 9, 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: ALT AUPH SBNY OSH AMAM ACAD BCRX KBAL EVA HOG ICUI TAP OZK MET BJ

Stocks expected to have increasing option volume: UBER AFRM GPS ASAN JD ORCL GE SI SBNY ULTA BBW NSC MDP

Bank option IV

Goldman Sachs (GS) 30-day option implied volatility is at 24; compared to its 52-week range of 22 to 44.

JPMorgan (JPM) 30-day option implied volatility is at 24; compared to its 52-week range of 20 to 44.

Morgan Stanley (MS) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 47.

Wells Fargo (WFC) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 51.

Bank of America (BAC) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 48.

Citigroup (C) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 51.

U.S. Bancorp (USB) 30-day option implied volatility is at 23; compared to its 52-week range of 20 to 41.

Truist (TFC) 30-day option implied volatility is at 26; compared to its 52-week range of 23 to 88.

PNC Financial (PNC) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 40.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 35. Call put ratio 1 call to 1.7 puts.

Silvergate Capital (SI) option IV elevated

Silvergate Capital (SI) 30-day option implied volatility is at 307; compared to its 52-week range of 74 to 315. Call put ratio 1 call to 3.9 puts into Silvergate Capital announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes.

Signature Bank (SBNY) 30-day option implied volatility is at 70; compared to its 52-week range of 40 to 275. Call put ratio 1 call to 5.5 puts.

Crypto themed stocks

Coinbase (COIN) 30-day option implied volatility is at 100; compared to its 52-week range of 62 to 174.

Marathon Patent Group (MARA) 30-day option implied volatility is at 127; compared to its 52-week range of 99 to 183 into quarter results.

Riot Blockchain (RIOT) 30-day option implied volatility is at 103; compared to its 52-week range of 90 to 176.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 82; compared to its 52-week range of 70 to 221.

Microvision (MVIS) 30-day option implied volatility is at 69; compared to its 52-week range of 65 to 142. Call put ratio 4.4 calls to 1 put.

Bit Digital (BTBT) 30-day option implied volatility is at 133; compared to its 52-week range of 75 to 191. Call put ratio 3.7 calls to 1 put.

General Electric (GE) March weekly call option implied volatility is at 52, 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 1.1 calls to 1 put.

Straddle prices into quarter results

Oracle (ORCL) March weekly 88 straddle priced for a move of 6% into the expected release of quarter results today after the bell. Call put ratio 1.2 calls to 1 put.

JD.com (JD) March weekly 47 straddle priced for a move of 7% into the expected release of quarter results today. Call put ratio 2.7 calls to 1 put.

Ulta Beauty (ULTA) March weekly 525 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell.

BJ’s Wholesale Club (BJ) March 75 straddle priced for a move of 7% into the expected release of quarter results today.

Gap, Inc. (GPS) March weekly 12 straddle priced for a move of 10% into the expected release of quarter results today after the bell. Call put ratio 1 call to 4.2 puts.

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

DocuSign (DOCU) March weekly 66 straddle priced for a move of 13% into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.9 puts.

Vail Resorts (MTN) March weekly 230 straddle priced for a move of 6% into the expected release of quarter results today. Call put ratio 3.8 calls to 1 put.

Fuel Cell (FCEL) March weekly 3.5 straddle priced for a move of 15% into the expected release of quarter results today. Call put ratio 2.4 calls to 1 put.

Uber (UBER) 30-day option implied volatility is at 43; compared to its 52-week range of 42 to 80 into weighing possible spinoff of freight logistics unit, Bloomberg says.

Affirm Holdings (AFRM) 30-day option implied volatility is at 94; compared to its 52-week range of 91 to 214 into hosting conference call with CFO Linford today at 11 am.

World Wrestling Entertainment (WWE) 30-day option implied volatility is at 41; compared to its 52-week range of 27 to 249.

Options with decreasing option implied volatility: PRVB TGTX MANU BIG SE NTNX PSTG OKTA SAVE ZS
Increasing unusual option volume: AMAM TAP ARHS MAXN WW CX VSCO UNFI
Increasing unusual call option volume: AMAM TAP CX XP NVS MAXN WW ARHS
Increasing unusual put option volume: DM VSCO SLG ARKG MAT CP SHLS BALL SAVE STWD
Popular stocks increasing options volume: BAC CRWD RIVN COIN SNAP SI OXY PLTR NKLA
Active options: TSLA NVDA AMZN AAPL AMD AMC GOOGL BABA BAC CRWD META RIVN GOOG COIN SNAP SI OXY MSFT PLTR NKLA
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $76.60, natural gas up 2%, gold at $1819