Pre-Market IV Report April 12, 2024

Pre-Market IV Report April 12, 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: GRPN BYND RIVN APP GL RENT DJT RCEL CRMD FF LPRO STT XP GIL TILE XHB NVS PFF ARCC DUK BSM HIMS APP TTD TOST RBLX U BMBL TSN BUD ET

Stocks expected to have increasing option volume: JPM C WFC STT GS MS BAC BLK

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 37 amid gold above $2400.

Morgan Stanley (MS) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 33. Call put ratio 1 call to 1.2 puts on volume of 174K contracts amid WSJ headlines.

Boeing (BA) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 39. Call put ratio 1 call to 1.9 puts on volume of 229K contracts amid WSJ headlines.

Straddle prices into quarter results

JPMorgan (JPM) April weekly 195 straddle priced for a move of 3.5% into the expected release of quarter results today before the bell.

Wells Fargo (WFC) April weekly 57 straddle priced for a move of 4% into the expected release of quarter results today before the bell.

BlackRock (BLK) April weekly 785 straddle priced for a move of 4% into the expected release of quarter results today before the bell.

Citigroup (C) April weekly 60 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.

State Street (STT) April 75 straddle priced for a move of 6.5% the expected release of quarter results today before the bell.

Goldman Sachs (GS) April 397 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 15.

The Charles Schwab Company (SCWH) April 71 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 15.

Movers

Cerevel Therapeutics Holdings (CERE) 30-day option implied volatility is at 9; compared to its 52-week range of 8 to 113. Call put ratio 1 call to 5.5 puts with focus on August 35 and 40 puts.

Alpine Immune Sciences (ALPN) 30-day option implied volatility is at 9; compared to its 52-week range of 49 to 156 amid active option volume of 30K contracts.

Burford Capital (BUR) 30-day option implied volatility is at 28; compared to its 52-week range of 28 to 89 amid active May 15 puts.

Weibo (WB) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 66 amid active May 9.2 calls.

Rent the Runway (RENT) 30-day option implied volatility is at 148; compared to its 52-week range of 20 to 220. Call put ratio 47 calls to 1 put with focus on April calls.

Janux Therapeutics (JANX) 30-day option implied volatility is at 100; compared to its 52-week range of 67 to 198. Call put ratio 1 call to 1.2 puts on active option volume of 6K contracts.

Cal-Maine Foods (CALM) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 88.

Globe Life Inc. (GL) 30-day option implied volatility is at 217; compared to its 52-week range of 12 to 217. Call put ratio 1 call to 1.9 puts on active volume amid wide price movement.

Annovis Bio Inc. (ANVS) 30-day option implied volatility is at 331; compared to its 52-week range of 21 to 333 into topline efficacy data fophase II/III study of buntanetap in patients with mild to moderate Alzheimer’s disease is expected in April.

Options with decreasing option implied volatility: CGC ACB KMX DAL FAST STZ
Increasing unusual option volume: LW IAU KMX VERU PFF DM LEU VERI
Increasing unusual call option volume: VERU IAU CPRI NVS AMBC CRMD KMX ICE
Increasing unusual put option volume: KMX LW ICLN STT DRI FAST NVDL
Popular stocks with increasing volume: RIVN MU C BABA INTC BAC PLTR COIN BA
Active options: TSLA NVDA AAPL AMZN AMD GOOGL RIVN META MU MSFT NKLA C BABA INTC BAC PLTR COIN GOOG BA MRVL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX up 1%, WTI Crude oil recently at $85.80, natural gas mixed, gold at $2412