Pre-Market IV Report May 24, 2024

Pre-Market IV Report May 24, 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: SRPT FSLR WBA CAN NLY OKLO AGIO AX GEV MGNI SRCL TTMI DAY FSLR HBM INBX ZI

Stocks expected to have increasing option volume: CRM HPQ A GME

Option implied volatility into T+1 settlement as of May 28

Charles Schwab (SCHW) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 49 into T+1 settlement as of May 28.

Interactive Brokers (IBKR) 30-day option implied volatility is at 22; compared to its 52-week range of 20 to 79 into T+1 settlement as of May 28.

Robinhood (HOOD) 30-day option implied volatility is at 63; compared to its 52-week range of 35 to 80 into T+1 settlement as of May 28.

Straddle prices into quarter results

Salesforce (CRM) May weekly 272 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 29.

Agilent Technologies (A) June 150 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 29.

HP (HPQ) May weekly 32.50 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 29.

Pure Storage (PSTG) June 60 straddle priced for a move of 12% into the expected release of quarter results after the bell on May 29.

3D Systems (DDD) June 3.50 straddle priced for a move of 30% straddle priced for a move of 5% into the expected release of quarter results on May 29.

Okta (OKTA) May weekly 97 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 29.

Dick’s Sporting Goods (DKS) May weekly 190 straddle priced for a move of 9% into the expected release of quarter results before the bell on May 29.

Abercrombie (ANF) May weekly 150 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 29.

Chewy (CHWY) May weekly 16.50 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 29.

American Eagle (AEO) May weekly 23 straddle priced for a move of 11% into the expected release of quarter results after the bell on May 29.

Advanced Auto Parts (AAP) May weekly 70 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 29.

Capri Holding (CPRI) May weekly 34 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 29.

C3.AI (AI) May weekly 24 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 29.

Sunpower (SPWR) May weekly 3 straddle priced for a move of 17%.

Movers

GameStop (GME) 30-day option implied volatility is at 200; compared to its 52-week range of 52 to 347. Call put ratio 2.4 calls to 1 put into completes ‘at-the market’ equity offering program.

Stericycle (SRCL) 30-day option implied volatility is at 32; compared to its 52-week range of 17 to 46. Call put ratio 1 call to 7 puts after receiving takeover interest, according to Bloomberg, citing people with knowledge of the matter.

Peloton (PTON) 30-day option implied volatility is at 78; compared to its 52-week range of 67 to 125. Call put ratio 3 calls to 1 put.

Hawaiian Electric Industries (HE) 30-day option implied volatility is at 51; compared to its 52-week range of 18 to 293.

CRISPR Therapeutics (CRSP) 30-day option implied volatility is at 49; compared to its 52-week range of 38 to 91.

Cenovus Energy (CVE) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 86. Call put ratio 1 call to 1.4 puts with focus on June 21 calls and June 19.50 puts.

Merus N.V. (MRUS) 30-day option implied volatility is at 88; compared to its 52-week range of 56 to 140 amid wide price movement.

Options with decreasing option implied volatility: BE BHP SMH ANVS VZIO EH EXEL ALAB LQDA GCT WSM SMR SDS ROOT RXRX HBI ARCC GFI
Increasing unusual option volume: DOMO INSM WDAY BNED AX ASPN BFH ROST
Increasing unusual call option volume: INSM ROST WDAY ZI BNED OKLO ASPN ICLN BJ
Increasing unusual put option volume: ISNM WDAY LU SRPT BFH INDA ODFL INTU LUMN XPO
Popular stocks with increasing volume: SMCI DELL BABA COIN INTC BA QCOM
Active options: TSLA NVDA AMD AAPL META AMZN PDD AMC SMCI DELL MSFT GME BABA COIN FSLR INTC BA QCOM PLTR TSM
Global S&P Futures mixed to higher in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79, natural gas mixed, gold at $2343