Pre-Market IV Report May 29, 2024

Pre-Market IV Report May 29, 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: CPRI SRPT FSLR ANF CHWY NKE FDX NLY BXMT GIS PLD EMB INDA DJT ANVS SMR IBRX NVDL CGC HIMS MESO CRDO NTLA UMC FWRD CELH CYTK SIX

Stocks expected to have increasing option volume: CRM MRO COP HPQ A BOX DKS CPRI A SPWR COST DELL MRVL DG HOOD CAVA UAL AAL JBLU LUV DAL

NVIDIA (NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 68 as share price near record high into stock split.

Marathon Oil (MRO) 30-day option implied volatility is at 25; compared to its 52-week range of 23 to 42. Call put ratio 4.6 Calls to 1 put with focus on July 27 calls into ConocoPhillips (COP) in advanced talks to buy the Houston-based company at just over $15B, FT reports.

ConocoPhillips (COP) 30-day option implied volatility is at 20; compared to its 52-week range of 19 to 34 into advanced talks to buy Marathon Oil (MRO), FT reports.

Airliner option IV into American Airlines lower outlook

American Airlines (AAL) 30-day option implied volatility is at 35; compared to its 52-week range of 28 to 49.

JetBlue Airways (JBLU) 30-day option implied volatility is at 54; compared to its 52-week range of 35 to 108.

Southwest Airlines (LUV) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 46.

United Airlines (UAL) 30-day option implied volatility is at 35; compared to its 52-week range of 30 to 54.

Delta Air Lines (DAL) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 42.

Spirit Airlines (SAVE) 30-day option implied volatility is at 95; compared to its 52-week range of 25 to 240.

Straddle prices into quarter results

Salesforce (CRM) May weekly 270 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Costco (COST) May weekly 812 straddle priced for a move of 4% into the expected release of quarter results after the bell on May 30.

Dell Technology (DELL) May weekly 165 straddle priced for a move of 12% into the expected release of quarter results after the bell on May 30.

Marvell Technology (MRVL) May weekly 78 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on May 30.

Dollar General (DG) May weekly 142 straddle priced for a move of 8% into the expected release of quarter results before the bell on May 30.

Hormel (HRL) May weekly 35 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on May 30.

Best Buy (BBY) May weekly 72 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on May 30.

Burlington Store (BURL) May weekly 200 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on May 30.

Kohl’s (KSS) May weekly 27 straddle priced for a move of 12% into the expected release of quarter results before the bell on May 30.

Movers

Insmed (INSM) 30-day option implied volatility is at 71; compared to its 52-week range of 32 to 308. Call put ratio 1 call to 1.8 puts as share price up +100%.

Crocs (CROX) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 64. Call put ratio 2.3 calls to 1 put.

Chimera Investment (CIM) 30-day option implied volatility is at 43; compared to its 52-week range of 21 to 84 with a focus on September 15 calls.

Zscaler (ZS) 30-day option implied volatility is at 60; compared to its 52-week range of 33 to 70.

SMART Global Holdings, Inc. (SGH) 30-day option implied volatility is at 49; compared to its 52-week range of 33 to 80. Call put ratio 10.9 calls to 1 put.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 14; compared to its 52-week range of 11 to 21. Call put ratio 1 call to 1.9 puts.

Autoliv (ALV) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 80.

Ishares Msci India Etf (INDA) 30-day option implied volatility is at 22; compared to its 52-week range of 9 to 49 amid active June 52 and 53 puts.

Merus N.V. (MRUS) 30-day option implied volatility is at 57; compared to its 52-week range of 56 to 140 amid wide price movement.

Options with decreasing option implied volatility: ZIM BILI RILY ELF SNOW PDD PANW VFC HIMS TGT ZM M WSM WDAY ROST NTES BEKE TCOM SNPS
Increasing unusual option volume: INSM CRDO FFIE GTHX CIM BNED CAMT
Increasing unusual call option volume: FFIE ISNM CRDO SPCE GTHX CAMT HRL AY
Increasing unusual put option volume: INDA HIMS ESTC GME GSK SRPT SILJ TDS MNST
Popular stocks with increasing volume: DKNG ARM SPCE COIN INTC F SOFI BABA
Active options: NVDA TSLA AMD AAPL GME AMC AMZN PDD MARA DKNG ARM SPCE CELH META COIN PLTR INTC F SOFI BABA
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80.50, natural gas mixed, gold at $2365