Pre-Market IV Report April 30, 2024

Pre-Market IV Report April 30, 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: GME OKTA FL AI ANF DELL DKS NTAP BURL DLTR DG SWN EDR MOR COUR AI IOVA CHGG FL SWN TSLA PRCT TSLS

Stocks expected to have increasing option volume: AMZN AMD MSTR KO MCD SYK MDLZ AMT STLA TT MMM SBUX NXPI FFIV CHGG MDLZ AMT GEHC AXP

Straddle prices into quarter results

Amazon (AMZN) May weekly 180 straddle priced for a mov of 7.5% into the expected release of quarter results today after the bell.

Advanced Micro Devices (AMD) May weekly 160 straddle priced for a mov of 8% into the expected release of quarter results today after the bell.

Eli Lilly (LLY) May weekly 737 straddle priced for a mov of 5.5% into the expected release of quarter results today before the bell.

McDonalds (MCD) May weekly 272.50 straddle priced for a mov of 3.5% into the expected release of quarter results today before the bell.

Pinterest (PINS) May weekly 34 straddle priced for a mov of 13% into the expected release of quarter results today after the bell.

Qualcomm (QCOM) May weekly 170 straddle priced for a mov of 7% into the expected release of quarter results after the bell on May 1.

Pfizer (PFE) May weekly 25.50 straddle priced for a mov of 4% into the expected release of quarter results before the bell on May 1.

DoorDash (DASH) May weekly 132 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 1.

Etsy (ETSY) May weekly 69 straddle priced for a mov of 12% into the expected release of quarter results after the bell on May 1.

Carvana (CVNA) May weekly 84 straddle priced for a mov of 17% into the expected release of quarter results after the bell on May 1.

American Express (AXP) 30-day option implied volatility is at 21; compared to its 52-week range of 17 to 33 into hosting investor day today.

Movers

Ishares Msci Japan Etf (EWJ) 30-day option implied volatility is at 16; compared to its 52-week range of 12 to 65. Call put ratio 26 calls to 1 put with focus on June 70, 73 and 74 calls.

Hertz Global (HTZ) 30-day option implied volatility is at 68; compared to its 52-week range of 29 to 108. Call put ratio 1 call to 4.4 puts with focus on December 2.5 puts.

Union Pacific (UNP) 30-day option implied volatility is at 18; compared to its 52-week range of 15 to 27. Call put ratio 5.9 calls to 1 put with a focus on May weekly calls.

PROCEPT BioRobotics Corporation (PRCT) 30-day option implied volatility is at 87; compared to its 52-week range of 47 to 104. Call put ratio 1 call to 7.9 puts with a focus on May 45 puts.

Itron (ITRI) 30-day option implied volatility is at 56; compared to its 52-week range of 21 to 79 with a focus on April 75 puts, April 105 calls and December 90 calls.

Melco Resorts & Entertainment (MLCO) 30-day option implied volatility is at 57; compared to its 52-week range of 41 to 70. Call put ratio 50 calls to 1 put with a focus on May weekly calls.

Chegg (CHGG) 30-day option implied volatility is at 91; compared to its 52-week range of 39 to 134 amid active option volume of 8K contracts with a focus on January 6 puts.

Options with decreasing option implied volatility: SNAP BKKT HCP ROKU CLS ENPH TDOC
Increasing unusual option volume: ALCC WES FOXA ANVS PAGP IBRX
Increasing unusual call option volume: PAGP WES ALCC CBRE CHGG IBRX PAA TAP
Increasing unusual put option volume: AVTR EH ANVS PCAR IBRX CHGG QSR INDA PSNY
Popular stocks with increasing volume: SOFI INTC C BARIVN AMC PFE BABA NIO
Active options: TSLA AAPL SOFI AMZN INTC META AMD GOOGL MSFT C MARA IBRX BA GOOG RIVN AMC PFE BABA NIO DJT
Global S&P Futures mixed in premarket, Nikkei up1%, DAX mixed, WTI Crude oil recently at $82.50, natural gas up 2.5%, gold at $2331