Pre-Market IV Report May 16, 2022

Pre-Market IV Report May 16, 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: CGC NKLA SE NCR LAZR KSS BBBY BBAI MSTR TWTR COIN KSS BBBY SAVE MNDT VERU SAIL

Stocks expected to have increasing option volume: TTWO PANW HD JD CSCO TGT WMT DRE SAVE JBLU ULCC

Spirit Airlines (SAVE) 30-day option implied volatility is at 89; compared to its 52-week range of 44 to 109 into JetBlue (JBLU) to launch tender offer for Spirit after Spirt rejected JetBlue’s $3.6B offer in favor of an existing deal with Frontier Airlines (ULCC), reports WSJ.

Option IV into investor day events

3D Systems (DDD) 30-day option implied volatility is at 86; compared to its 52-week range of 57 to 105 into a hosted virtual investor day today.

Caterpillar (CAT) 30-day option implied volatility is at 35; compared to its 52-week range of 23 to 41 into a company hosted investor meeting on May 17.

Moderna (MRNA) 30-day option implied volatility is at 80; compared to its 52-week range of 51 to 98 into a company hosted investor meeting on May 17.

Akamai Technologies (AKAM) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 41 into a company hosted investor meeting on May 18.

Thermo Fisher Scientific (TMO) 30-day option implied volatility is at 34; compared to its 52-week range of 20 to 38 into a company hosted investor meeting on May 18.

Humana (HUM) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 38 into a company hosted investor meeting on May 18.

Straddle prices for stocks expected to report quarterly results

Take Two Interactive (TTWO) May 110 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Home Depot (HD) May 295 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 17.

JD.COM (JD) May 51 straddle priced for a move of 13% into the expected release of quarter results on May 17.

Jumia (JMIA) May 6 straddle priced for a move of 23% into the expected release of quarter results on May 17.

Walmart (WMT) May 148 straddle priced for a move of 4.5% into the expected release of quarter results on May 17.

Target (TGT) May 220 straddle priced for a move of 6% into the expected release of quarter results before the bell on May 18.

Duke (DRE) 30-day option implied volatility is at 44; compared to its 52-week range of 14 to 51 after Prologis’s (PLD) unsolicited offer.

Options with decreasing option implied volatility: TDOC VERU UPST NFLX DM SST BMBL TSN
Increasing unusual option volume: EWC VERU ATHA PHM
Increasing unusual call option volume: VERU ATHA MNTV INDA
Increasing unusual put option volume: PHM MNTV SYF WEBR
Popular stocks with increasing volume: DIS OXY COIN BABA HOOD NKLA SOFI
Active options: AAPL TSLA AMC AMD TWTR NVDA AMC MSFT FB SOFI F PLTR AFRM AMZN LCID OXY COIN BABA HOOD NKLA DIS
Global S&P Futures mixed to lower in premarket, Nikkei lower, DAX up, WTI Crude oil recently at $109, natural gas up 1.9%, gold at $1795 an ounce