Pre-Market IV Report May 8, 2023

Pre-Market IV Report May 8, 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: RF DB NYCB CRSP AMC PACW WAL ZION IEP VLY

Stocks expected to have increasing option volume: TSN PYPL ABNB APD

Tesla (TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 45 to 96.

Apple (APPL) May weekly call option implied volatility is at 22, May is at 21; compared to its 52-week range of 23 to 45 into World Wide Developers Conference

Alphabet (GOOG) 30-day option implied volatility is at 27; compared to its 52-week range of 26 to 47 into Google I/O 2023 on May 10.

NVIDIA (NVDA) May weekly call option implied volatility is at 34, May is at 35; compared to its 52-week range of 41 to 82.

Airliner option IV

American Airlines (AAL) 30-day option implied volatility is at 39; compared to its 52-week range of 37 to 81.

Delta Air Lines (DAL) 30-day option implied volatility is at 33; compared to its 52-week range of 29 to 65.

Southwest Airlines (LUV) 30-day option implied volatility is at 33; compared to its 52-week range of 28 to 52.

United Airlines (UAL) 30-day option implied volatility is at 39; compared to its 52-week range of 28 to 75.

Option IV oil, gold, silver

United States Oil Fund (USO) 30-day option implied volatility is at 35; compared to its 52-week range of 30 to 54 as WTI crude oil trades $72.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 50 as gold trades $2027.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 21 as gold trades $2027.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 29; compared to its 52-week range of 25 to 37.

Straddle prices into quarter results

PayPal (PYPL) May weekly 75 straddle is priced for a move of 8% into the expected release of quarter results today after the bell.

Suncor (SU) May weekly 29.50 straddle is priced for a move of 4% into the expected release of quarter results today before the bell.

Devon (DVN) May weekly 50 straddle is priced for a move of 6% into the expected release of quarter results today after the bell.

Tyson (TSN) May 60 straddle is priced for a move of 5.5% into the expected release of quarter results today before the bell.

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

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

Airbnb (ABNB) May weekly 120 straddle is priced for a move of 9.5% into the expected release of quarter results after the bell on May 9.

Air Products (APD) May 300 straddle is priced for a move of 4.5% into the expected release of quarter results on May 9.
Disney (DIS) May 100 straddle is priced for a move of 6.5% into the expected release of quarter results after the bell on May 10.

Options with decreasing option implied volatility: BILL ZI DASH BMBL DKNG IMGN ISEE SNAP
Increasing unusual option volume: YOU DM ZIP IBRX IEP EWJ HEAR
Increasing unusual call option volume: COTY EWJ IEP HEAR YOU NNOX
Increasing unusual put option volume: QRVO VTRS DM IEP PACW
Popular stocks increasing volume: SHOP PAC UBER PARA SOFI SCHW COIN WFC
Active options: AMD TSLA AAPL ET NVDA AMC SHOP AMZN BAC MSFT PACW META UBER PARA SOFI GOOGL SCHW COIN WFC
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $72, natural gas up 2%, gold at $2028