Pre-Market IV Report May 31, 2024

Pre-Market IV Report May 31, 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: ASTS DJT HIMS BITI HPE NKE FDX NLY OZK BXMT CPRI MNST EMB MRK BTI HUMA RICK CHX HPE BRAG RILY PD MAX MDB DELL WEAT TDS BNTX MGNI CRWD JAMF NOW NGL ADBE ORCL EMB TRMD MNST NLY MSFT

Stocks expected to have increasing option volume: DELL COST AMBA ASAN PD MRVL ZS NTAP ULTA GPS S JWN MDB MPW MDB IOT ESTC DJT PARA PLTR

Option IV into economic #’s, end of month

Dell Technology (DELL) May weekly call option implied volatility is at 300, June is at 87; compared to its 52-week range of 23 to 64 as share price below $150 after quarter results and outlook.

MongoDB (MDB) May weekly call option implied volatility is at 298, June is at 76; compared to its 52-week range of 37 to 80 as share price down before the bell.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 154; compared to its 52-week range of 44 to 635.

Enterprise information technology company option IV

Oracle (ORCL) 30-day option implied volatility is at 39; compared to its 52-week range of 20 to 47.

Salesforce (CRM) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 51.

ServiceNow (NOW) 30-day option implied volatility is at 33; compared to its 52-week range of 23 to 45.

IBM (IBM) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 35.

Snowflake (SNOW) 30-day option implied volatility is at 42; compared to its 52-week range of 33 to 66.

Workday (WDAY) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 52.

Adobe Systems (ADBE) 30-day option implied volatility is at 45; compared to its 52-week range of 24 to 48.

Straddle prices into quarter results

CrowdStrike (CRWD) June weekly 315 straddle priced for a move of 14% into the expected release of quarter results after the bell on June 4.

Hewlett Packard Enterprise (HPE) June weekly 18.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on June 4.

Bath & Body Works (BBWI) June weekly 51 straddle priced for a move of 9% into the expected release of quarter results before the bell on June 4.

Movers

Grupo Financiero Galicia Sa (GGAL) 30-day option implied volatility is at 61; compared to its 52-week range of 51 to 111 amid active June 40 and 45 call spreader.

Ishares S&P Software Index Fund (IGV) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 52 amid active June 77 and 80 puts.

National Fuel Gas Company (NFG) 30-day option implied volatility is at 19; compared to its 52-week range of 10 to 26 amid active October 60 calls.

Wisdomtree India Earnings Fund Etf (EPI) 30-day option implied volatility is at 23; compared to its 52-week range of 11 to 24 amid active June calls and puts.

Summit Therapeutics (SMMT) 30-day option implied volatility is at 194; compared to its 52-week range of 28 to 203 as share price up. Call put ratio 1.3 calls to 1 put on 26K contracts.

Options with decreasing option implied volatility: FL GME CHWY ANF ACB AAP PATH GH OKTA NVAX ELF AI BILI PSTG VFC AEO DKS BURL
Increasing unusual option volume: FFIE MAXN SMMT ASTS CRM INSM BNED MNST CRDO PD SEE HPQ WOOF AMSC SMMT
Increasing unusual call option volume: MAXN FFIE ASTS SMMT INSM CRM TMUS SEE CRDO MNST HPQ D WOOF
Increasing unusual put option volume: MAXN BKLN ASTS CRM INSM MNST HPQ PATH
Popular stocks with increasing volume: CRM HOOD AAL DELL AI BAC HPQ
Active options: TSLA NVDA CRM AAPL AMD PLTR MSFT AMZN HOOD AAL DELL AI FFIE GME MARA BAC HPQ AMC META PATH
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $78, natural gas mixed, gold at $2363