Pre-Market IV Report May 2, 2023

Pre-Market IV Report May 2, 2023

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: SRG FHN CFG IEP NNOX MCB HMST MGI RAIN PACW CASS FGEN TVTX INFN APPS MDB CHGG OKTA

Stocks expected to have increasing option volume: BX SON SBUX DD CLX AMD SYY EXPD MTCH MGM MSTR CAR CHGG UBER RMBS ZI F

Option IV into FOMC

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 31 into Treasury Secretary Janet Yellen on Monday warned that the United States could run out of cash and default on its debt repayments as early as June 1, should the government fail to raise the debt limit and FOMC policy meeting.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 19; compared to its 52-week range of 19 to 40 into FOMC policy meeting.

Interest rate – bond option IV

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 60.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 30.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 9; compared to its 52-week range of 8 to 35. Call put ratio 1 call to 30 puts.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 9; compared to its 52-week range of 9 to 23.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 10; compared to its 52-week range of 9 to 19.

Straddle prices into quarter results and FOMC policy meeting

Advanced Micro Devices (AMD) May weekly 90 straddle is priced for a move of 8% into the expected release of quarter results today after the bell.

Starbucks (SBUX) May weekly 114 straddle is priced for a move of 5% into the expected release of quarter results today after the bell.

Ford (F) May weekly 12 straddle is priced for a move of 5.5% into the expected release of quarter results today after the bell.

Uber (UBER) May weekly 32.50 straddle is priced for a move of 9% into the expected release of quarter results today before the bell.

Match Group (MTCH) May weekly 36 straddle is priced for a move of 12% into the expected release of quarter results today after the bell.

Caesars (CZR) May weekly 46.5 straddle is priced for a move of 8% into the expected release of quarter results today after the bell.

Qualcomm (QCOM) May weekly 116 straddle is priced for a move of 6% into the expected release of quarter results after the bell on May 3.

CVS Health (CVS) May weekly 74 straddle is priced for a move of 5% into the expected release of quarter results before the bell on May 3.

Estee Lauder (EL) May weekly 245 straddle is priced for a move of 6% into the expected release of quarter results before the bell on May 3.

Stellantis (STLA) May 17 straddle is priced for a move of 6% into the expected release of quarter results before the bell on May 3.

The Kraft Heinz (KHC) May weekly 40 straddle is priced for a move of 3% into the expected release of quarter results before the bell on May 3.

Marathon (MRO) May weekly 24 straddle is priced for a move of 4% into the expected release of quarter results after the bell on May 3.

Etsy (ETSY) May weekly 96 straddle is priced for a move of 11% into the expected release of quarter results after the bell on May 3.

Zillow (Z) May weekly 44 straddle is priced for a move of 9% into the expected release of quarter results after the bell on May 3.

Apple (APPL) May weekly 170 straddle is priced for a move of 4.5% into the expected release of quarter results after the bell on May 4.

Berkshire Hathaway (BRK.B) 30-day option implied volatility is at 16; compared to its 52-week range of 15 to 31 into company’s annual meeting on May 6.

Alphabet (GOOG) 30-day option implied volatility is at 27; compared to its 52-week range of 26 to 47 into Google I/O 2023 on May 10.

Bitcoin option IV

Coinbase (COIN) 30-day option implied volatility is at 104; compared to its 52-week range of 91 to 174.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 78; compared to its 52-week range of 77 to 221 into quarter results.

Riot Platforms (RIOT) 30-day option implied volatility is at 112; compared to its 52-week range of 99 to 176.
Marathon Digital Holdings (MARA) 30-day option implied volatility is at 124; compared to its 52-week range of 116 to 183.

Options with decreasing option implied volatility: TAL ISEE SNAP ALGN TDOC ROKU MSOS META MBLY WOLF HOG SPOT ATVI CROX DPZ
Increasing unusual option volume: REI MCB INVZ NNOX ISEE VLY PSEC
Increasing unusual call option volume: XRX WB IMGN SFM PCG TAP NNOX ISEE
Increasing unusual put option volume: BHC KDB MCB ISEE ICLN VLY PACW DM AMRS
Popular stocks increasing options volume: SNAP AFRM JPM BAC PACW NFLX MARA F
Active options: TSLA NVDA AMZN AAPL SOFI META UBER AMC SNAP AMD MSFT AFRM JPM GOOGL BAC PACW NFLX MARA F
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $75.50, natural gas mixed, gold at $1989