Pre-Market IV Report May 20, 2024

Pre-Market IV Report May 20, 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: BHP BE BKKT SMH GME SMR EXEL EH HTZ RXRX SDS VSCO AGI VZIO JBL PSTG ALK ARCC AXON DOMO WEN FLNG CENG PSTG FIVE TAP MAS NXT CYBR

Stocks expected to have increasing option volume: PANW ZM LOW TCOM LI XPOF BNED FFIE AMC GME

Events

NVIDIA (NVDA) 30-day option implied volatility is at 57; compared to its 52-week range of 32 to 68 into expected release of quarter results after the bell on May 22.

Microsoft (MSFT) 30-day option implied volatility is at 18; compared to its 52-week range of 18 to 34 into Microsoft Build.

Apple (AAPL) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024.

Straddle prices into quarter results

Palo Alto Networks (PANW) May weekly 317.5 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 20.

Trip.com Group (TCOM) June 55 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 20.

Li Auto Inc. (LI) May weekly 25 straddle priced for a move of 12% into the expected release of quarter results before the bell on May 20.

Zoom (ZM) May weekly 64 straddle priced for a move of 9.5% into the expected release of quarter results after the bell on May 20.

Lowe’s Cos. (LOW) May weekly 230 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 21.

Auto Zone (AZO) June 2920 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 21.

Toll Brothers (TOL) May weekly 131 straddle priced for a move of 5% into the expected release of quarter results after the bell on May 21.

XPeng (XPEV) May weekly 8.5 straddle priced for a move of 12.5% into the expected release of quarter results before the bell on May 21.

Macy’s (M) May weekly 19.50 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 21.

Movers

Paramount Global (PARA) 30-day option implied volatility is at 60; compared to its 52-week range of 40 to 87 amid headlines.

GameStop (GME) 30-day option implied volatility is at 227; compared to its 52-week range of 52 to 347.

AMC Entertainment (AMC) 30-day option implied volatility is at 200; compared to its 52-week range of 75 to 574.

Bowlero Corp (BOWL) 30-day option implied volatility is at 100; compared to its 52-week range of 32 to 114.

Vertex Energy (VTNR) 30-day option implied volatility is at 119; compared to its 52-week range of 57 to 142. Call put ratio 9 calls to 1 put.

Westrock Coffee Company (WEST) 30-day option implied volatility is at 80; compared to its 52-week range of 28 to 91.

Faraday Future Intelligent Electric Inc (FFIE) 30-day option implied volatility is at 626; compared to its 52-week range of 20 to 626.

Xponential Fitness, Inc. (XPOF) 30-day option implied volatility is at 56; compared to its 52-week range of 44 to 123 amid headlines.

Johnson Controls (JCI) 30-day option implied volatility is at 55; compared to its 52-week range of 16 to 67. Call put ratio 17.3 calls to 1 put.

Nordstrom (JWN) 30-day option implied volatility is at 61; compared to its 52-week range of 37 to 78.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 40 as gold trades $2443.

Options with decreasing option implied volatility: CYTK OKLO SE ONON STNE UAA TDS HE TTWO NU CSCO AMAT SWN WMT DE HD
Increasing unusual option volume: INVZ FFIE PTEN ASTS WAB BNED DOCS TUP AY CB PRU
Increasing unusual call option volume: INVZ FFIE ASTS PRU CB TUP PZZA NICE BALL OPK GLBE OUST LSPD LBTYA CBRE GRAB NGD
Increasing unusual put option volume: ASTS PTEN GME OKLA AVTR GGAL CBRL JBHY SABR MLCO INSM TTWO MKC XPO IQ ZI EH WIX CB
Popular stocks with increasing volume: BABA HOOD PDD PLTR WMT COIN SMCI SOFI CB
Active options: TSLA NVDA AMD FFIE GME AAPL AMC BABA HOOD AMZN PDD PLTR META MSFT GOOGL WMT COIN SMCI SOFI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80, natural gas mixed, gold at $2443