Pre-Market IV Report April 4, 2024

Pre-Market IV Report April 4, 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: ACB TGTX WOLF SOFI PHUN BHC W EXPE LMND EL SQ TEAM AGQ FSLY FTNT NET GNRC

Stocks expected to have increasing option volume: ULTA LEVI PARA DIS CMCSA NFLX WBD LW CAG BB F

Paramount Global (PARA) 30-day option implied volatility amid headlines

Paramount Global (PARA) 30-day option implied volatility is at 61; compared to its 52-week range of 40 to 86 amid Paramount enters exclusive merger talks with Skydance, WSJ says. Call put ratio 4 calls to 1 put.

Warner Bros. Discovery (WBD) 30-day option implied volatility is at 49; compared to its 52-week range of 37 to 65 amid Paramount (PARA) enters exclusive merger talks with Skydance, WSJ says.

Walt Disney (DIS) 30-day option implied volatility is at 24; compared to its 52-week range of 20 to 38.

Comcast (CMCSA) 30-day option implied volatility is at 30; compared to its 52-week range of 17 to 30.

Netflix (NFLX) 30-day option implied volatility is at 47; compared to its 52-week range of 24 to 53.

United States Oil Fund (USO) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 42 as WTI Crude trades $85.50. Call put ratio 6 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 38 as gold trades above $2300.

Movers

Spotify (SPOT) 30-day option implied volatility is at 55; compared to its 52-week range of 29 to 61 as share price near two-year high.

Vanda Pharmaceuticals (VNDA) 30-day option implied volatility is at 103; compared to its 52-week range of 30 to 84. Call put ratio 5.1 calls to 1 put with focus on April 4 and 5 calls.

Pan American Silver (PAAS) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 88. Call put ratio 8.7 calls to 1 put with a focus on January 22 calls.

Herbalife Nutrition (HLF) 30-day option implied volatility is at 86; compared to its 52-week range of 40 to 106. Call put ratio 1 call to 22 puts with focus on January 7.5 puts.

AstraZeneca (AZN) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 31. Call put ratio 1 call to 5.3 puts with a focus on May 62.50 puts.

Options with decreasing option implied volatility: RDDT GME ALAB MANU RUM CLSK NNOX RH XP EDR CCL EXAS WBA
Increasing unusual option volume: VNDA LEVI USFD NVEI ACB PLAY LW
Increasing unusual call option volume: ACB NVEI LEVI SMTC PLAY PAA ABUS LW FTI
Increasing unusual put option volume: UWMC ACB ROIV PLAY GOEV LW CHPT HLF
Popular stocks with increasing volume: INTC MU C ACB PLTR SOFI TLRY DIS F DELL JPM
Active options: TSLA NVDA AAPL AMD INTC MU AMZN META C ACB PLTR SOFI TLRY DIS GOOGL MSFT F DELL MARA JPM
Global S&P Futures mixed in premarket, Nikkei mixed to higher, DAX mixed, WTI Crude oil recently at $85.30, natural gas mixed, gold at $2311