Pre-Market IV Report May 14, 2024

Pre-Market IV Report May 14, 2024

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: NVAX AMC GME BKKT BITI IP ABR ADBE ORCL TRUP MPW PLCE CORT GRFS LMND BHVN RDDT BILI SRG BYON

Stocks expected to have increasing option volume: HD BABA JACK GME AMC

Straddle prices into quarter results

Cisco (CSCO) May 49 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 15.

Walmart (WMT) May 60 straddle priced for a move of 4% into the expected release of quarter results before the bell on May 16.

Applied Materials (AMAT) May 207 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 16.

Deere (DE) May 407 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 16.

JD.com (JD) May 34 straddle priced for a move of 10% into the expected release of quarter results before the bell on May 16.

Baidu (BIDU) May 112 straddle priced for a move of 6% into the expected release of quarter results before the bell on May 16.

Take Two (TTWO) May 144 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 16.

IQIYI (IQ) May 5 straddle priced for a move of 9% into the expected release of quarter results before the bell on May 16.

Under Armour (UAA) May 7 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 16.

Movers

GameStop (GME) 30-day option implied volatility is at 279; compared to its 52-week range of 52 to 200 after a post on X from “Roaring Kitty.” Call put ratio 1.3 calls to 1 put.

AMC Entertainment (AMC) 30-day option implied volatility is at 255; compared to its 52-week range of 73 to 573. Call put ratio 3.1 calls to 1 put as share price up.

Palantir (PLTR) 30-day option implied volatility is at 41; compared to its 52-week range of 40 to 93.

Reddit (RDDT) 30-day option implied volatility is at 80; compared to its 52-week range of 62 to 166. Call put ratio 3.1 calls to 1 put.

Beyond, Inc. (BYON) 30-day option implied volatility is at 76; compared to its 52-week range of 55 to 104. Call put ratio 4.5 calls to 1 put.

Upstart Holdings (UPST) 30-day option implied volatility is at 77; compared to its 52-week range of 69 to 158. Call put ratio 2.7 calls to 1 put.

Novavax (NVAX) 30-day option implied volatility is at 173; compared to its 52-week range of 69 to 174.

SoFi Technologies (SOFI) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 100. Call put ratio 4.2 calls to 1 put.

Virgin Galactic Holdings (SPCE) 30-day option implied volatility is at 133; compared to its 52-week range of 77 to 174. Call put ratio 24 calls to 1 put.

Rivian Automotive (RIVN) 30-day option implied volatility is at 74; compared to its 52-week range of 57 to 106.

Robinhood (HOOD) 30-day option implied volatility is at 56; compared to its 52-week range of 35 to 80. Call put ratio 4.2 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 94; compared to its 52-week range of 41 to 93. Call put ratio 20 calls to 1 put.

Stitch Fix (SFIX) 30-day option implied volatility is at 78; compared to its 52-week range of 44 to 121. Call put ratio 35 calls to 1 put.

Hertz Global (HTZ) 30-day option implied volatility is at 75; compared to its 52-week range of 28 to 108. Call put ratio 5.9 calls to 1 put.

Tencent Music (TME) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 102. Call put ratio 2.4 calls to 1 put as share price up 9.8%.

Royal Bank of Canada (RY) 30-day option implied volatility is at 17; compared to its 52-week range of 12 to 66.

Pinduoduo (PDD) 30-day option implied volatility is at 51; compared to its 52-week range of 30 to 77. Call put ratio 2.9 calls to 1 put as share price up.

Fortrea (FTRE) 30-day option implied volatility is at 45; compared to its 52-week range of 27 to 86. Call put ratio 1 call to 2.3 puts.

Applied Materials (AMAT) 30-day option implied volatility is at 39; compared to its 52-week range of 26 to 44.

Canada Goose (GOOS) 30-day option implied volatility is at 66; compared to its 52-week range of 30 to 81. Call put ratio 1 call to 7.7 puts with focus on May 10 puts.

Stitch Fix (SFIX) 30-day option implied volatility is at 73; compared to its 52-week range of 44 to 122. Call put ratio 35 calls to 1 put with focus on June 3 calls.

Seritage Growth Properties (SRG) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 82. Call put ratio 1 call to 2.2 puts as share price down.

Sleep Number Corporation (SNBR) 30-day option implied volatility is at 75; compared to its 52-week range of 47 to 132. Call put ratio 20.4 calls to 1 put.

Options with decreasing option implied volatility: HIMS CFLT BE UPST ALAB CDLX PLTR BYND ZI
Increasing unusual option volume: PTEN MULN OKLO EU BBD ENB
Increasing unusual call option volume: ENB MULN ED EU OKLO PODD SFIX KODK
Increasing unusual put option volume: ZI PTEN NVAX GRAB SONY GOOS CHGG GME SLG KMX
Popular stocks with increasing volume: AMC GME BABA PLTR INTC SOFI HOOD RIVN NIO ARM
Active options: AMC TSLA AAPL NVDA GME BABA AMZN PLTR INTC SOFI MPW AMD HOOD META RIVN NIO GOOGL MSFT ARM NVAX
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79, natural gas down 1.5%, gold at $2352