Pre-Market IV Report May 3, 2021

Pre-Market IV Report May 3, 2021

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: ATOS RKT SNDL HYG DIS MUDS CLOV UXIN VXRT ZNGA

Stocks expected to have increasing option volume: ATVI PFE TMUS CVS GM PYPL UBER MRNA HLT

IV movers into events

Merck (MRK) May weekly call option implied volatility is at 15, May is at 16; compared to its 52-week range of 18 to 38 into virtual investor meeting today.

Public Storage (PSA) May call option implied volatility is at 19, June is at 18; compared to its 52-week range of 19 to 45 into virtual investor meeting today.

Estee Lauder (EL) May weekly call option implied volatility is at 31, May is at 25; compared to its 52-week range of 24 to 45 into the expected release of quarter results today before the bell.

Enterprise Products Partners (EPD) May weekly call option implied volatility is at 23, May is at 22; compared to its 52-week range of 23 to 55 into the expected release of quarter results today before the bell.

Diamondback Energy (FANG) May weekly call option implied volatility is at 53, May is at 55; compared to its 52-week range of 56 to 112 into the expected release of quarter results before the bell on May 4.

Union Pacific (UNP) May weekly call option implied volatility is at 22, May is at 20; compared to its 52-week range of 21 to 44 into a virtual investor day on May 4.

Eli Lilly & Co. (LLY) May weekly call option implied volatility is at 18, May is at 19; compared to its 52-week range of 22 to 46 into a conference call to discuss sustainability on May 4.

GSX Techedu (GSX) May weekly call option implied volatility is at 96, May is at 105; compared to its 52-week range of 79 to 238 into to change ticker to ‘GOTU’ on May 6.

Straddle prices into the expected release of quarter results next week

Ballard Power (BLDP) May 22 straddle priced for a move of +/- 16% into the expected release of quarter results today.

Avis Budget (CAR) May 90 straddle priced for a move of +/- 14% into the expected release of quarter results today after the bell.

iRobot (IRBT) May weekly 109 straddle priced for a move of +/- 10% into the expected release of quarter results today.

Estee Lauder (EL) May 310 straddle priced for a move of +/- 7% into the expected release of quarter results today before the bell.

Enterprise Products Partners (EPD) May weekly 23 straddle priced for a move of +/- 3% into the expected release of quarter results today before the bell.

Suncor (SU) May weekly 21.50 straddle priced for a move of +/- 6% into the expected release of quarter results today.

XPO Logistics (XPO) May 140 straddle priced for a move of +/- 8% into the expected release of quarter results today after the bell.

Activision Blizzard (ATVI) May weekly 91 straddle priced for a move of +/- 5% into the expected release of quarter results after the bell on May 4.

Allegiant (ALGT) May straddle 240 priced for a move of +/- 11% into the expected release of quarter results after the bell on May 4.

Apollo Global (APO) May 55 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on May 4.

Bausch (BHC) May 32 straddle priced for a move of +/- 10% into the expected release of quarter results on May 4.

Hyatt (H) May 85 straddle priced for a move of +/- 7% into the expected release of quarter results after the bell on May 4.

KKR (KKR) May weekly 57 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on May 4.

Lattice Semiconductor (LSCC) May 60 straddle priced for a move of +/- 12% into the expected release of quarter results after the bell on May 4.

Lyft (LYFT) May weekly 56 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on May 4.

Pioneer Natural Resources (PXD) May weekly 152.50 straddle priced for a move of +/- 6% into the expected release of quarter results after the bell on May 4.

Sysco (SYY) May weekly 85 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on May 4.

T-Mobile (TMUS) May weekly 133 straddle priced for a move of +/- 4% into the expected release of quarter results after the bell on May 4.

Virgin Galactic (SPCE) May weekly 22 straddle priced for a move of +/- 12% into the expected release of quarter results after the bell on May 4.

Virtu (VIRT) May 30 straddle priced for a move of +/- 8% into the expected release of quarter results before the bell on May 4.

Wynn (WYNN) May weekly 128 straddle priced for a move of +/- 5.5% into the expected release of quarter results on May 4.

Zillow (Z) May weekly 130 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on May 4.

Xilinx (XLNX) May weekly 128 straddle priced for a move of +/- 6% into the expected release of quarter results on May 4.

General Motors (GM) May weekly 57 straddle priced for a move of +/- 6% into the expected release of quarter results before the bell on May 5.

PayPal (PYPL) May weekly 262.50 straddle priced for a move of +/- 6.5% into the expected release of quarter results after the bell on May 5.

Uber (UBER) May weekly 55 straddle priced for a move of +/- 9% into the expected release of quarter results after the bell on May 5.

Options with decreasing option implied volatility: EBAY GSX TME VIAC DISCA CROX BAX
Increasing unusual option volume: VXRT ADVM BGCP SHLX PBI HOG MARA X RIOT WKSH
Increasing unusual call option volume: VXRT SNY BGCP WY UAA KDP
Increasing unusual put option volume: HIG VXRT TAL GEO SWKS
Popular stocks with increasing volume: TWTR NIO SNAP PLTR BA RIOT
Active options: TSLA AAPL NIO AMZN TWTR AMD FB F MSFT SNAP PLTR MARA BAC AMC MVIS BA X RIOT UBER WKHS
Global S&P Futures recently up 0.4% in the premarket, Nikkei down 0.8%, DAX up 0.7%, WTI Crude oil recently at $63.36, natural gas mixed, gold at $1775 an ounce