Pre-Market IV Report May 5, 2023

Pre-Market IV Report May 5, 2023

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: HBAN OZK FHN USB TFC CFG KRE MTB DB WAL ZION IEP CMA

Stocks expected to have increasing option volume: AAPL SHOP MSI DASH DKNG WBD CI CVNA NCR YELP LYV EXPE LYFT CRUS BKNG RKT DBX NCR BMBL

Option IV as WTI into events, crude trades $69.50, employment report, banks

Apple (APPL) May weekly call option implied volatility is at 101, May is at 36; compared to its 52-week range of 23 to 45 into quarter results and World Wide Developers Conference.

NVIDIA (NVDA) May weekly call option implied volatility is at 42, May is at 43; compared to its 52-week range of 41 to 82.

United States Oil Fund (USO) 30-day option implied volatility is at 41; compared to its 52-week range of 30 to 54 as WTI crude oil trades $69.50.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 50 as gold trades $2049.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 21. Call put ratio 2.2 calls to 1 put as gold trades $2049.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 31; compared to its 52-week range of 25 to 37.

Straddle prices into quarter results and employment report

Warner Bros (WBD) May weekly 12.5 straddle is priced for a move of 11% into the expected release of quarter results today before the bell.

PayPal (PYPL) May weekly 72 straddle is priced for a move of 8.5% into the expected release of quarter results after the bell on May 8.

KKR (KKR) May weekly 50 straddle is priced for a move of 8% into the expected release of quarter results before the bell on May 8.

Suncor (SU) May weekly 28.50 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on May 8.

Devon (DVN) May weekly 48 straddle is priced for a move of 8% into the expected release of quarter results after the bell on May 8.

Tyson (TSN) May weekly 60 straddle is priced for a move of 7% into the expected release of quarter results before the bell on May 8.

Palantir (PLTR) May weekly 7.5 straddle is priced for a move of 12.5% into the expected release of quarter results after the bell on May 8.

Lucid Group (LCID) May weekly 7.5 straddle is priced for a move of 13% into the expected release of quarter results after the bell on May 8.

Airbnb (ABNB) May weekly 118 straddle is priced for a move of 10.5% into the expected release of quarter results after the bell on May 9.

Berkshire Hathaway (BRK.B) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 31 into company’s annual meeting on May 6.

Alphabet (GOOG) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 47 into Google I/O 2023 on May 10.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 36. Call put ratio 1 call to 2.9 puts.

Ishares U.S. Regional Banks Etf (IAT) 30-day option implied volatility is at 64; compared to its 52-week range of 21 to 116. Call put ratio 2 calls to 1 put.

Pacwest Bancorp (PACW) 30-day option implied volatility is at 475; compared to its 52-week range of 28 to 475.

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 301; compared to its 52-week range of 30 to 398.

Options with decreasing option implied volatility: SKX NET ZI UBER AMZN IMGN ISEE SNAP
Increasing unusual option volume: MCB MGI EDR NNOX SHY IAT IEP
Increasing unusual call option volume: IAT NNOX FHN SHY EDR IEP
Increasing unusual put option volume: IEP VSCO CG MCB CHGG PACW MGI DB
Popular stocks increasing volume: BAC UBER PACW BABA PARA SCHW SOFI QCOM WFC FHN
Active options: TSLA AAPL SHOP NVDA AMD AMZN BAC AMC MSFT UBER PACW BABA META PARA SCHW SOFI QCOM WFC FHN GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $69.60, natural gas mixed, gold at $2049