Pre-Market IV Report April 15, 2024

Pre-Market IV Report April 15, 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: BYND IBRX APP HIMS RBLX TOST TTD U ABR TPR TSN KVUE CSCO BUD ET ARCC

Stocks expected to have increasing option volume: CRM INFA GS SCHW MS PNC USB BAC TDOC MPW SPQ QQQ RUT IWM

Option IV into corporate earnings and geo-political risks

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 15; compared to its 52-week range of 10 to 19 into corporate earnings and geo-political risks.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 24 into corporate earnings and geo-political risks.

Salesforce (CRM) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 51 into advanced talks to acquire Informatica (INFA), WSJ reports.

Informatica (INFA) 30-day option implied volatility is at 66; compared to its 52-week range of 25 to 82 into Salesforce (CRM) in advanced talks to acquire Informatica, WSJ reports. Call put ratio 1.8 calls to 1 put.

Straddle prices into quarter results and geo-political risks

M&T Bank (MTB) April 135 straddle priced for a move of 5% into the expected release of quarter results before the bell on April 15.

UnitedHealth Group (UNH) April 440 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 16.

Johnson & Johnson (JNJ) April 148 straddle priced for a move of 3% into the expected release of quarter results before the bell on April 16.

Morgan Stanely (MS) April 86 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 16.

Bank of America (BAC) April 36 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on April 16.

PNC Financial Servies (PNC) April 150 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 16.

Bank of New York (BK) April 55 straddle priced for a move of 5% into the expected release of quarter results before the bell on April 16.

J.B. Hunt (JBHT) April 185 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on April 16.

Northern Trust (NTRS) April 84 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on April 16.

Western Alliance (WAL) April 57 straddle priced for a move of 6.5% into the expected release of quarter results on April 16.

United Airlines (UAL) April 42 straddle priced for a move of 9% into the expected release of quarter results after the bell on April 16.

Movers

Freeport-McMoran (FCX) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 43. Call put ratio 2.6 calls to 1 put.

Alcoa (AA) 30-day option implied volatility is at 54; compared to its 52-week range of 30 to 59. Call put ratio 3.9 calls to 1 put.

Boeing (BA) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 39. Call put ratio 1 call to 1.8 puts amid headlines.

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

Options with decreasing option implied volatility: FAST KMX
Increasing unusual option volume: DM ACB LW CBRE PNR BUR BNED PTEN
Increasing unusual call option volume: PTEN ACB CPRI EOG KTOS DUST ETRN PLAY
Increasing unusual put option volume: LW INFY XLRE GRAB EWW GOEV SABR DRI ACB EH
Popular stocks with increasing volume: JPM INTC C COIN XOM OXY BABA RIVN MU
Active options: AAPL TSLA NVDA AMD AMZN JPM INTC C META MSFT GOOGL PLTR MARA COIN XOM ACB OXY BABA RIVN MU
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $85.50, natural gas mixed, gold at $2370