Pre-Market IV Report May 10, 2023

Pre-Market IV Report May 10, 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: HRZN SPRY PRAA VYGR CLDX AKAM GIS MSOS DOCU ACI SGEN

Stocks expected to have increasing option volume: TWLO RBLX EA ABNB UPST AFRM CPNG AKAM SPCE WYNN EXAS GPRO REAL GPRO BROS HRB GRWG CANO IAC

Option IV amid debt ceiling issues

SPDR S&P 500 ETF Trust (SPY) May weekly (12) call option implied volatility is at 17, May is at 16, June is at 17; compared to its 52-week range of 13 to 31.

PowerShares QQQ Trust (QQQ) call option implied volatility is at 20, May is at 18, June is at 21; compared to its 52-week range of 18 to 40.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 40; compared to its 52-week range of 40 to 91.

iShares Russell 2000 ETF (IWM) May weekly call option implied volatility is at 28, May is at 24, June is at 22; compared to its 52-week range of 19 to 37.

Large Cap option IV amid debt ceiling issues

Tesla (TSLA) 30-day option implied volatility is at 46; compared to its 52-week range of 45 to 96.

Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 21 to 45.

Microsoft (MSFT) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 43.

Netflix (NFLX) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 86.

Alphabet (GOOG) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 47 into Google I/O 2023 on May 10.

NVIDIA (NVDA) 30-day option implied volatility is at 49; compared to its 52-week range of 41 to 82.

Option IV energy, gold

United States Oil Fund (USO) 30-day option implied volatility is at 33; compared to its 52-week range of 30 to 54 into OPEC and non-OPEC Ministerial Meeting on June 3, 2023.

United States Natural Gas (UNG) 30-day option implied volatility is at 59; compared to its 52-week range of 60 to 120.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 32 to 50 as gold trades $2036.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 21 as gold trades $2036.

Ishares Msci Thailand Capped Etf (THD) 30-day option implied volatility is at 12; compared to its 52-week range of 11 to 25 into Thailand general elections on May 14.

Straddle prices into quarter results

Walt Disney (DIS) May weekly 102 straddle is priced for a move of 6.5% into the expected release of quarter results today after the bell.

Teva Pharma (TEVA) May weekly 9 straddle is priced for a move of 7.5% into the expected release of quarter results today.

Unity Software (U) May weekly 28 straddle is priced for a move of 12% into the expected release of quarter results today after the bell.

JD.com (JD) May weekly 36 straddle is priced for a move of 8% into the expected release of quarter results before the bell on May 11.

Options with decreasing option implied volatility: LYFT W FHN IMGN AMC BILL PTON
Increasing unusual option volume: FYBR IAG EWJ DXC PUBM GDDY SIX
Increasing unusual call option volume: EWJ IAG PUBM SIX CXW XP GEO
Increasing unusual put option volume: JKS HIMS FOXA RSP XPO TPX COHR
Popular stocks increasing volume: ABNB RIVN PACW SHOP RIVN CVNA
Active options: PLTR TSLA AMD PYPL AAPL NVDA AMZN GOOGL AFRM AMC META CNVA MSFT GOOG RIVN NFLX ABBN BAC BGO PACW
Global S&P Futures mixed in premarket, Nikkei up, DAX mixed, WTI Crude oil recently at $73, natural gas mixed, gold at $2035