Pre-Market IV Report May 15, 2024

Pre-Market IV Report May 15, 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: GME AMC BKKT NVAX PLCE ABR LMND ADBE GES ORCL

Stocks expected to have increasing option volume: CSCO WMT AMAT DE JD BIDU TTWO IQ GOOS INFN ARQT NXT SDRL GME AMC BGS DLO VTSI BOOT NYCB

Straddle prices into quarter results and US April CPI

Cisco (CSCO) May 49 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell.

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 210 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 16.

Deere (DE) May 412 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 16.

JD.com (JD) May 33 straddle priced for a move of 9% into the expected release of quarter results before the bell on May 16.

Baidu (BIDU) May 110 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on May 16.

Take Two (TTWO) May 145 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on May 16.

IQIYI (IQ) May 5 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 16.

Under Armour (UAA) May 7 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 16.

Canadian Goose (GOOS) May straddle 12 priced for a move of 14% into the expected release of quarter results before the bell on May 16.

Movers

GameStop (GME) 30-day option implied volatility is at 347; compared to its 52-week range of 52 to 347. Call put ratio 1 call to 1.1 puts.

AMC Entertainment (AMC) 30-day option implied volatility is at 366; compared to its 52-week range of 73 to 573. Call put ratio 1.7 calls to 1 put.

Lucid Group (LCID) 30-day option implied volatility is at 123; compared to its 52-week range of 52 to 141. Call put ratio 3 calls to 1 put.

Chargepoint Holdings Inc. (CHPT) 30-day option implied volatility is at 127; compared to its 52-week range of 57 to 148. Call put ratio 13.3 calls to 1 put.

SunPower (SPWR) 30-day option implied volatility is at 353; compared to its 52-week range of 53 to 353.

Palantir (PLTR) 30-day option implied volatility is at 43; compared to its 52-week range of 40 to 93. Call put ratio 3.3 calls to 1 put.

Hertz Global (HTZ) 30-day option implied volatility is at 85; compared to its 52-week range of 29 to 108. Call put ratio 8.9 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 191; compared to its 52-week range of 41 to 190. Call put ratio 5.3 calls to 1 put.

Reddit (RDDT) 30-day option implied volatility is at 98; compared to its 52-week range of 62 to 166. Call put ratio 2 calls to 1 put.

Novavax (NVAX) 30-day option implied volatility is at 174; compared to its 52-week range of 69 to 174. Call put ratio 2.3 calls to 1 put.

SoFi Technologies (SOFI) 30-day option implied volatility is at 48; compared to its 52-week range of 40 to 100. Call put ratio 4.6 calls to 1 put.

Robinhood (HOOD) 30-day option implied volatility is at 63; compared to its 52-week range of 35 to 80. Call put ratio 3.6 calls to 1 put.

Boston Beer Co. (SAM) 30-day option implied volatility is at 35; compared to its 52-week range of 21 to 71. Call put ratio 3.2 calls to 1 put.

Designer Brands Inc. (DBI) 30-day option implied volatility is at 63; compared to its 52-week range of 33 to 97 with a focus on June 11 calls.

Park Hotels & Resorts (PK) 30-day option implied volatility is at 19; compared to its 52-week range of 18 to 38 with a focus on October 15 puts.

National Interstate (NATL) 30-day option implied volatility is at 33; compared to its 52-week range of 29 to 144 with a focus on June and December 25 calls.

Host Hotels & Resorts (HST) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 72 with a focus on October 17 puts.

Paramount Global (PARA) 30-day option implied volatility is at 60; compared to its 52-week range of 40 to 87 after CNBC, citing sources familiar with the matter, reported that Sony Pictures (NYSE: SONY) is reconsidering its bid for the U.S. media company. Call put ratio 2.3 calls to 1 put.

Options with decreasing option implied volatility: ZI OKLA AAOI LYFT ALAB YETI SG CFLT CDLX
Increasing unusual option volume: SII FFIE BIG XPOF EQNR NXE NFE BOOT CHK BB SRG ICLN TUP
Increasing unusual call option volume: SII EQNR CHK NFE ICLN INSM BIG SRG TUP PZZA
Increasing unusual put option volume: PACB GRAB NXE BB OIH GME GPN
Popular stocks with increasing volume: AMC SOFI PLTR BABA BB AMD RIVN NIO PLUG BYND
Active options: AMC TSLA NVDA SOFI PLTR BABA AAPL AMZN BB HOOD LCID AMD RIVN NIO PLUG GOOGL META BYND SPWR TLRY
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $78.50, natural gas mixed, gold at $2378