Pre-Market IV Report May 2, 2022

Pre-Market IV Report May 2, 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: VZ STEM SST SPXU COST ORCL GOOG QQQ KO

Stocks expected to have increasing option volume: CVX ATVI CLX MGM SAVE ON CHGG AMD SBUX DVN PNR TWTR

Option IV increasing; first day of month & FOMC policy meeting

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 28; compared to its 52-week range of 11 to 32.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 36; compared to its 52-week range of 14 to 38.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 73; compared to its 52-week range of 28 to 75. Call put ratio 1 call to 1.3 puts.

Tuttle Capital Short Innovation (SARK) 30-day option implied volatility is at 74; compared to its 52-week range of 40 to 75. Call put ratio 1.7 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 49; compared to its 52-week range of 28 to 81. Call put ratio 1.4 calls to 1 put.

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 45; compared to its 52-week range of 24 to 50. Call put ratio 2.7 calls to 1 put.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 23; compared to its 52-week range of 12 to 25.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 45; compared to its 52-week range of 20 to 49 into AMD (AMD) quarter results and outlook. Call put ratio 1 call to 1.3 puts.

Chevron (CVX) April weekly call option implied volatility is at 42, May is at 39; compared to its 52-week range of 21 to 47 into Warren Buffett reveals a bigger stake Call put ratio 2.1 calls to 1 put amid WTI crude oil trades $104.

Straddle prices for stocks expected to report quarterly results

Devon Energy (DVN) May weekly 58 straddle priced for a move of 8% into the expected release of quarter results before the bell on May 3.

Advanced Micro Devices (AMD) May weekly 85 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 3.

Airbnb (ABNB) May weekly 152.50 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 3.

Biogen (BIIB) May weekly 207 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 3.

BP (BP) May weekly 28 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on May 3.

Caesars (CZR) May weekly 11 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 3.

Cirrus (CRUS) May 75 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 3.

Hilton (HLT) May 155 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 3.

Lyft (LYFT) May weekly 33 straddle priced for a move of 14% into the expected release of quarter results after the bell on May 3.

Paramount (PARA) May weekly 29 straddle priced for a move of 10% into the expected release of quarter results before the bell on May 3.

Skyworks (SWKS) May weekly 113 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 3.

Starbucks (SBUX) May weekly 75 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on May 3.

Options with decreasing option implied volatility: TDOC NKTX VERU TWTR
Increasing unusual option volume: AVTR SPH VRAY NCR USFD
Increasing unusual call option volume: VRAY NCR USFD FREY FIVN ATER
Increasing unusual put option volume: ATER ITUB INDA IEF NCR
Popular stocks with increasing volume: SNAP NIO AMC BA PYPL PFE
Active options: AAPL TSLA FB AMZN NVDA BABA INTC F TWTR AMD HOOD MSFT NFLX SNAP BBIG NIO AMC BA PYPL PFE
Global S&P Futures mixed to higher in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $103, natural gas mixed, gold at $1856 an ounce