Pre-Market IV Report April 16, 2024

Pre-Market IV Report April 16, 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: IBRX SE SVIX ONON NU ABR CSCO PANW SONY TTWO DE WMT PHUN HYG ARCC VTI AGNC LOGI EXAS HCP HUBS PANW

Stocks expected to have increasing option volume: UNH JNJ MS BAC PNC ASML ABT PLD CSX USB CCI KMI LVS IP UAL

Aero space-defense–tech stock option implied volatility

Lockheed Martin (LMT) 30-day option implied volatility is at 24; compared to its 52-week range of 13 to 28.

Northrop Grumman (NOC) 30-day option implied volatility is at 25; compared to its 52-week range of 16 to 30.

Raytheon Technologies (RTX) 30-day option implied volatility is at 26; compared to its 52-week range of 15 to 33. Call put ratio 8.5 calls to 1 put with focus on August 110 calls.

General Dynamics (GD) 30-day option implied volatility is at 23; compared to its 52-week range of 12 to 26. Call put ratio 12 calls to 1 put with focus on August and November 300 calls.

L3Harris Technologies (LHX) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 64. Call put ratio 5.2 calls to 1 put with focus on May and August 220 calls.

HII (HII) 30-day option implied volatility is at 26; compared to its 52-week range of 16 to 68. Call put ratio 51 calls to 1 put with focus on June 300 calls.

Honeywell (HON) 30-day option implied volatility is at 23; compared to its 52-week range of 14 to 26.

Spirit AeroSystems (SPR) 30-day option implied volatility is at 46; compared to its 52-week range of 39 to 104.

GE Vernova (GEV) 30-day option implied volatility is at 47. Call put ratio 2.7 Call put ratio 1.5 calls to 1 put.

GE (GE) 30-day option implied volatility is at 34; compared to its 52-week range of 18 to 35.

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.

Option IV into quarter results

ASML Holdings (ASML) April 955 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on April 17.

Abbott Laboratories (ABT) April 109 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 17.

Prologis (PLD) April 115 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on April 17.

CSX Corp (CSX) April 35 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 17.

U.S. Bancorp (USB) April 41.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on April 17.

The Travelers (TRV) April 220 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 17.

Crown Castle (CCI) April 95 straddle priced for a move of 5% into the expected release of quarter results after the bell on April 17.

Kinder Morgan (KMI) April 18 straddle priced for a move of 3% into the expected release of quarter results after the bell on April 17.

Las Vegas Sands (LVS) April 50 straddle priced for a move of 5.5% into the expected release of quarter results on April 17.

Citizens Financial (CFG) April 32.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 17.

First Horizon (FHN) April 14 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on April 17.

Alcoa (AA) April 36.50 straddle priced for a move of 8% into the expected release of quarter results after the bell on April 17.

Bank of OZK (OZK) April 42 straddle priced for a move of 8% into the expected release of quarter results after the bell on April 17.

SL Green (SLG) April 50 straddle priced for a move of 8% into the expected release of quarter results after the bell on April 17.

Movers

Salesforce (CRM) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 51 amid share price pull back.

PVH Corp. (PVH) 30-day option implied volatility is at 38; compared to its 52-week range of 27 to 93. Call put ratio 1 call to 4.9 puts with focus on May 95 puts.

Coupang (CPNG) 30-day option implied volatility is at 46; compared to its 52-week range of 27 to 55.

ServiceNow (NOW) 30-day option implied volatility is at 44; compared to its 52-week range of 23 to 45 as share price down.

Enovis Corporation (ENOV) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 40 with focus on May 60 puts.

Piedmont Lithium (PLL) 30-day option implied volatility is at 103; compared to its 52-week range of 43 to 127. Call put ratio 2.1 calls to 1 put.

Groupon (GRPN) 30-day option implied volatility is at 108; compared to its 52-week range of 53 to 172.

Wintrust Financial (WTFC) 30-day option implied volatility is at 29; compared to its 52-week range of 24 to 79 into a definitive merger agreement for Wintrust to acquire Macatawa Bank (MCBC) in an all-stock transaction.

Macatawa Bank (MCBC) 30-day option implied volatility is at 22; compared to its 52-week range of 21 to 52 into a definitive merger agreement for Wintrust Financial (WTFC) to acquire Macatawa Bank in an all-stock transaction.

Live Nation Entertainment (LYV) 30-day option implied volatility is at 39; compared to its 52-week range of 23 to 77 into DOJ preparing to sue Live Nation as soon as next month, WSJ says.

GE HealthCare (GEHC) 30-day option implied volatility is at 35. Call put ratio 2.7 Call put ratio 2.7 calls to 1 put.

Options with decreasing option implied volatility: BHC KMX CPRI FAST
Increasing unusual option volume: LW FTI ERIC BL PLL IBB GES
Increasing unusual call option volume: BL GES ICE CPRI PLL KOS CEIX
Increasing unusual put option volume: MQ LW VZIO IBB DRI
Popular stocks with increasing volume: RIVN PLTR INTC BAC NIO C PFE DJT MU COIN
Active options: TSLA NVDA AAPL AMD AMZN RIVN PLTR META MSFT INTC BAC NIO GOOGL MARA C PFE MPW DJT MU COIN
Global S&P Futures mixed in premarket, Nikkei down 1.9%, DAX down 1%, WTI Crude oil recently at $85.30, natural gas mixed, gold at $2382