Pre-Market IV Report May 4, 2022

Pre-Market IV Report May 4, 2022

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: AHT ENVX TWOU DIVO

Stocks expected to have increasing option volume: AMD PFE DKNG ABNB LYFT UBER SBUX

Today is Fed Day and the market is expecting the first 50 basis point rate hike in 22 years.

Bank option IV

Bank of America (BAC) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 48 into FOMC policy statement.

Citigroup (C) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 49 into FOMC policy statement.

Goldman Sachs (GS) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 42 into FOMC policy statement.

JPMorgan (JPM) 30-day option implied volatility is at 33; compared to its 52-week range of 19 to 44 into FOMC policy statement.

Morgan Stanley (MS) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 47 into FOMC policy statement. Call put ratio 2 calls to 1 put.

Wells Fargo (WFC) 30-day option implied volatility is at 38; compared to its 52-week range of 26 to 51 into FOMC policy statement. Call put ratio 2.2 calls to 1 put.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 28; compared to its 52-week range of 15 to 103 into FOMC policy statement.

Straddle prices for stocks expected to report quarterly results

Moderna (MRNA) May weekly 146 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Etsy (ETSY) May weekly 100 straddle priced for a move of 16% into the expected release of quarter results today after the bell on May 4.

Fisker (FSR) May weekly 10 straddle priced for a move of 15% into the expected release of quarter results today after the bell.

iRobot (IRBT) May weekly 53 straddle priced for a move of 15% into the expected release of quarter results today after the bell. Call put ratio 3.5 calls to 1 put.

Crox (CROX) May 70 straddle priced for a move of 15% into the expected release of quarter results before the bell on May 5.

GoPro (GPRO) May weekly 9 straddle priced for a move of 12% into the expected release of quarter results after the bell on May 5.

Kellogg (K) May 67 straddle priced for a move of 6% into the expected release of quarter results before the bell on May 5.

Ocugen (OCGN) May weekly 2.5 straddle priced for a move of 18% into the expected release of quarter results on May 5.

Petrobras (PBR) May weekly 13 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 5. Call put ratio 2.9 calls to 1 put.

Royal Caribbean (RCL) May weekly 78 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 5.

Shopify (SHOP) May weekly 465 straddle priced for a move of 13% into the expected release of quarter results on May 5.

Wayfair (W) May weekly 90 straddle priced for a move of 19% into the expected release of quarter results before the bell on May 5.

World Wrestling (WW) May weekly 10 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 5.

Yelp (YELP) May 34 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 5.

Zillow (Z) May weekly 44 straddle priced for a move of 14% into the expected release of quarter results after the bell on May 5.

Ciena (CIEN) 30-day option implied volatility at 45; compared to its 52-week range of 23 to 54 into hosting a conference call, “Next-Gen Metro & Edge Investor Chalk Talk” today at 1 pm.

Options with decreasing option implied volatility: DWAC BBAI PYPL HOG GOOG GOOGL PINS SPOT
Increasing unusual option volume: INVZ ENVX VERU PHM
Increasing unusual call option volume: INVZ ENVX PHM VERU INDA CHGG
Increasing unusual put option volume: PHM CHGG APRN PWR CHGG
Popular stocks with increasing volume: UBER F ABNB INTC PFE LYFT XOM
Active options: AAPL TSLA AMD FB NVDA AMC UBER BAC F CHPT ET MSFT AMZN ABNB INTC PFE LYFT XOM BABA NFLX
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $105, natural gas mixed, gold at $1871 an ounce