Pre-Market IV Report May 9, 2023

Pre-Market IV Report May 9, 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: JFIN ACVA EBIX TMCI GEO IOVA MRVI WYNN ABNB IEP PACW WAL CMA VLY KEY OZK

Stocks expected to have increasing option volume: PYPL LCID WDC DDD PLTR NKLA UAA UA COTY SWKS DVN APO FOX RIOT CTLT SIX WYNN CVNA NVAX NKLA FSR SWKS

Movers

Ishares U.S. Preferred Stock Etf (PFF) 30-day option implied volatility is at 13; compared to its 52-week range of 9 to 65.

Catalent (CTLT) 30-day option implied volatility is at 88; compared to its 52-week range of 32 to 105.

Tyson Foods (TSN) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 71.

Large Cap option IV into U.S. Debt Ceiling

Tesla (TSLA) 30-day option implied volatility is at 46; compared to its 52-week range of 45 to 96.

Apple (APPL) May weekly call option implied volatility is at 24, May is at 22; compared to its 52-week range of 23 to 45 as shares near upper end of historic range.

Microsoft (MSFT) 30-day option implied volatility is at 21; compared to its 52-week range of 21 to 43.

Netflix (NFLX) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 86.

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 38, May is at 37; compared to its 52-week range of 41 to 82.

Option IV energy, gold

United States Oil Fund (USO) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 54 into OPEC and non-OPEC Ministerial Meeting on June 3, 2023.

United States Natural Gas (UNG) 30-day option implied volatility is at 60; compared to its 52-week range of 60 to 120 into OPEC and non-OPEC Ministerial Meeting on June 3, 2023.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 32 to 50 as gold trades $2032.

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 $2032.

Straddle prices into quarter results

Wynn Resorts Ltd (WYNN) May weekly 113 straddle is priced for a move of 4.5% into the expected release of quarter results today after the bell.

Airbnb (ABNB) May weekly 125 straddle is priced for a move of 9.5% into the expected release of quarter results today after the bell.

Air Products (APD) May 300 straddle is priced for a move of 5% into the expected release of quarter results today.

Walt Disney (DIS) May weekly 100 straddle is priced for a move of 6.5% into the expected release of quarter results after the bell on May 10.

Rivian Automotive (RIVN) May weekly 14 straddle is priced for a move of 12% into the expected release of quarter results after the bell on May 10.

Li Auto (LI) May weekly 25 straddle is priced for a move of 8% into the expected release of quarter results before the bell on May 10.

Teva Pharma (TEVA) May weekly 9 straddle is priced for a move of 7% into the expected release of quarter results before the bell on May 10.

Unity Software (U) May weekly 28 straddle is priced for a move of 13% into the expected release of quarter results after the bell on May 10.

JD.com (JD) May weekly 36 straddle is priced for a move of 8% into the expected release of quarter results before the bell on May 11.

Options with decreasing option implied volatility: BILL LYFT IMGN AUPH PTON W ZI CLFT TEAM
Increasing unusual option volume: GRAB IBRX HEAR UA NNOX BBD PTEN
Increasing unusual call option volume: GRAB UA NNOX CXW GEO IBRX RPD CILT FOXA XP
Increasing unusual put option volume: BBD TSN TUP GRAB TAL SHLS PACW AES
Popular stocks increasing volume: PYPL CVNA SHOP PACW LCID UBER COIN BAC CCL
Active options: TSLA AMD NVDA AAPL AMZN PLTR AMC PYPL CVNA META SHOP MSFT GOOGL PACW NFLX LCID UBER COIN BAC CCL
Global S&P Futures mixed in premarket, Nikkei up, DAX mixed, WTI Crude oil recently at $72.70, natural gas mixed, gold at $2034