Pre-Market IV Report May 19, 2022

Pre-Market IV Report May 19, 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: TWTR DLTR COST DG KR BBAI KSS BJ LOCL BBBY DLTR BBWI FRGE ENDP FULC

Stocks expected to have increasing option volume: PANW KSS CSCO AMAT

Movers

Apple (AAPL) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 44. Call put ratio 1 call to 1 put.

Consumer Staples Select Sector SPDR Fund (XLP) 30-day option implied volatility is at 24; compared to its 52-week range of 10 to 33. Call put ratio 1 call to 4.3 puts on active volume.

Option implied volatility for refiner companies as shares near record high

Phillips 66 (PSX) 30-day option implied volatility is at 41; compared to its 52-week range of 30 to 48 as shares near upper end of range. Call put ratio 3.1 calls to 1 put.

Marathon Petroleum (MPC) 30-day option implied volatility is at 41; compared to its 52-week range of 28 to 46 as shares near upper end of range.

Valero Energy (VLO) 30-day option implied volatility is at 48; compared to its 52-week range of 32 to 52 as shares near record high.

Trucking-transportation stocks lower on recession fears following Target’s results

C. H. Robinson Worldwide (CHRW) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 79.

Expeditors Int’l (EXPD) 30-day option implied volatility is at 35; compared to its 52-week range of 19 to 89.

J.B. Hunt Transport Services (JBHT) 30-day option implied volatility is at 41; compared to its 52-week range of 23 to 72. Call put ratio 1 call to 3 puts.

Knight-Swift Transportation Holdings Inc. (KNX) 30-day option implied volatility is at 43; compared to its 52- week range of 24 to 61.

Landstar System (LSTR) 30-day option implied volatility is at 38; compared to its 52-week range of 22 to 38.

Old Dominion Freight Line (ODFL) 30-day option implied volatility is at 46; compared to its 52-week range of 21 to 97. Call put ratio 1 call to 3.4 puts.

XPO Logistics (XPO) 30-day option implied volatility is at 56; compared to its 52-week range of 30 to 105.

Avis Budget Group (CAR) 30-day option implied volatility is at 86; compared to its 52-week range of 49 to 187.

Hertz Global (HTZ) 30-day option implied volatility is at 68; compared to its 52-week range of 55 to 122.

Food retailer option IV

Kraft Heinz (KHC) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 33.

Campbell Soup (CPB) 30-day option implied volatility is at 35; compared to its 52-week range of 17 to 43.

Hershey (HSY) 30-day option implied volatility is at 27; compared to its 52-week range of 14 to 29.

Kellogg (K) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 54.

Tyson Foods (TSN) 30-day option implied volatility is at 33; compared to its 52-week range of 19 to 66.

Hormel (HRL) 30-day option implied volatility is at 31; compared to its 52-week range of 17 to 50.

Conagra Brands (CAG) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 37.

Pilgrim’s Pride (PPC) 30-day option implied volatility is at 38; compared to its 52-week range of 10 to 96.

General Mills (GIS) 30-day option implied volatility is at 28; compared to its 52-week range of 16 to 60.

Mondelez (MDLZ) 30-day option implied volatility is at 26; compared to its 52-week range of 14 to 31.

Sanderson Farms (SAFM) 30-day option implied volatility is at 18; compared to its 52-week range of 8 to 38.

Pepsi (PEP) 30-day option implied volatility is at 28; compared to its 52-week range of 12 to 29.

Coca Cola (KO) 30-day option implied volatility is at 28; compared to its 52-week range of 13 to 28.

Straddle prices for stocks expected to report quarterly results

Kohl’s (KSS) May 43 straddle priced for a move of 23% into the expected release of quarter results today before the bell.

Applied Material (AMAT) May 111 straddle priced for a move of 6% into the expected release of quarter results after the bell.

Palo Alto Networks (PANW) May 440 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

BJ’s Wholesale Club (BJ) May 55 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Ross Stores (ROST) May 93 straddle priced for a move of 13% into the expected release of quarter results today after the bell.

Deere (DE) May 370 straddle priced for a move of 6% into the expected release of quarter results before the bell on May 20.

Movers

Under Armour (UA) 30-day option implied volatility is at 55; compared to its 52-week range of 35 to 76 into CEO change.

Kohl’s (KSS) 30-day option implied volatility is at 121; compared to its 52-week range of 38 to 122 into the expected release of quarter results today before the bell. Call put ratio 1 call to 3.5 puts.

Options with decreasing option implied volatility: AFRM BMBL RIVN WRBY TOST BYND BHC
Increasing unusual option volume: EWC IHI VERU BJ INVZ
Increasing unusual call option volume: VERU GTN BJ RKLY CLAR SEAS
Increasing unusual put option volume: AVYA BBWI ROST SABR DOCS STWD
Popular stocks with increasing volume: NVDA TGT WMT TWTR F SOFI C KO RIVN
Active options: AAPL TSLA AMD AMC NVDA TGT WMT TWTR NIO F UPST MSFT FB SOFI BBIG AMZN C LCID KO RIVN
Global S&P Futures lowered in premarket, Nikkei down 1.8%, DAX down 1.7%, WTI Crude oil recently at $109, natural gas down 2%, gold at $1809 an ounce