Pre-Market IV Report April 1, 2024

Pre-Market IV Report April 1, 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: DJT CGC AVXL SNAP MANU PHUN ALGN XP QS GEO ROKU SPOT META PINS IBM CMG AMZN MRNS

Stocks expected to have increasing option volume: GE DIS SMTC PCT SAVE TKC TKF

NVIDIA (NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 68.

Walt Disney (DIS) April weekly call option implied volatility is at 25, April is at 24; compared to its 52-week range of 20 to 38 into Disney 2024 Annual Meeting of Shareholders on April 3, 2024. Call put ratio 1 call to 1 put as share price near 20-month high.

Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024.

General Electric (GE) April weekly call option implied volatility is at 43, April is at 30; compared to its 52-week range of 19 to 37 into GE Vernova (GEV) spin out.

GE HealthCare (GEHC) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 35.

3M Co. (MMM) 30-day option implied volatility is at 27; compared to its 52-week range of 19 to 34 Solventum (SOLV) spin out.

Johnson & Johnson (JNJ) 30-day option implied volatility is at 15; compared to its 52-week range of 11 to 21.

Kenvue (KVUE) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 54. Call put ratio 9 calls to 1 put with focus on May calls.

Trump Media & Technology Group (DJT) April weekly call option implied volatility is at 177, April is at 195; compared to its 52-week range of 43 to 635.

Commodity price option IV

Freeport-McMoran (FCX) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 46.

United States Oil Fund (USO) 30-day option implied volatility is at 24; compared to its 52-week range of 24 to 42 as WTI Crude trades above $83.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 32; compared to its 52-week range of 25 to 38 as gold trades above $2275.

iShares Silver Trust (SLV) 30-day option implied volatility is at 24; compared to its 52-week range of 20 to 34.

Alcoa (AA) 30-day option implied volatility is at 51; compared to its 52-week range of 40 to 61.

Straddle prices into quarter results

PVH Corp. (PVH) April 140 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Cal-Maine Foods (CALM) April 60 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on April 2.

Paychex (PAYX) April 120 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 2.

Dave & Busters (PLAY) April 60 straddle priced for a move of 13% into the expected release of quarter results after the bell on April 2.

Movement

Estee Lauder (EL) 30-day option implied volatility is at 34; compared to its 52-week range of 23 to 73.

MillerKnoll, Inc. (MLKN) 30-day option implied volatility is at 34; compared to its 52-week range of 26 to 64 as share price down.

EyePoint Pharmaceuticals (EYPT) 30-day option implied volatility is at 113; compared to its 52-week range of 67 to 430 amid active July 10 and 20 puts.

Landstar System (LSTR) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 68 on active option volume of 6K contracts.

Ishares Msci Global Silver Miners Etf (SLVP) 30-day option implied volatility is at 45; compared to its 52-week range of 28 to 59 with a focus on May 9 calls.

Guardant Health (GH) 30-day option implied volatility is at 84; compared to its 52-week range of 44 to 130. Call put ratio 7.4 calls to 1 put with focus on April 20 calls as share price up.

Spirit Airlines (SAVE) 30-day option implied volatility is at 96; compared to its 52-week range of 24 to 240.

Options with decreasing option implied volatility: VKTX GME LULU NKE FDX CCL RH WBA
Increasing unusual option volume: RC CBRG PTEN SMTC OPK MTTR
Increasing unusual call option volume: SMTC PAA GH NOV EVLV BITO
Increasing unusual put option volume: GRTS AKBA UWMC RH EYPT VSAT DJT
Popular stocks with increasing volume: DIS AMC RIVN COIN CCL JPM INTC PFE MU FCX SNOW
Active options: TSLA NVDA AMD AAPL MARA AMZN PLTR META DIS AMC RIVN COIN CCL JPM INTC PFE MU RIOT FCX SNOW
Global S&P Futures mixed in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $83.20, natural gas down 2%, gold at $2275