Pre-Market IV Report April 5, 2024

Pre-Market IV Report April 5, 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 TSLY IRBT TGTX FSLY CVNA SOFI GRPN WOLF LMND PARA SQ GNRC W BHC TEAM EXPE

Stocks expected to have increasing option volume: NVDA SMH SMTC MU SPY QQQ RUT

Movers into March employment #’s

NVIDIA (NVDA) 30-day option implied volatility is at 46; compared to its 52-week range of 32 to 68.

Super Micro Computer (SMCI) 30-day option implied volatility is at 97; compared to its 52-week range of 54 to 116.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 31; compared to its 52-week range of 22 to 54.

United States Oil Fund (USO) 30-day option implied volatility is at 30; compared to its 52-week range of 24 to 42 as WTI Crude trades $86.30.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 30; compared to its 52-week range of 28 to 46 amid China headlines.

Semtech (SMTC) 30-day option implied volatility is at 63; compared to its 52-week range of 36 to 123. Call put ratio 10.7 calls to 1 put with focus on April calls.

i3 Verticals, Inc. (IIIV) 30-day option implied volatility is at 43; compared to its 52-week range of 34 to 53 with a focus on April, May, July 22.50 calls.

RPM International (RPM) 30-day option implied volatility is at 19; compared to its 52-week range of 17 to 32. Call put ratio 1 call to 3.7 puts with a focus on April 110 puts.

National Vision (EYE) 30-day option implied volatility is at 46; compared to its 52-week range of 29 to 75 with focus on December 25 calls.

iShares Gold Trust (IAU) 30-day option implied volatility is at 16; compared to its 52-week range of 10 to 25. Call put ratio 1 call to 30 puts with focus on October 39 puts.

MaxLinear (MXL) 30-day option implied volatility is at 79; compared to its 52-week range of 38 to 96 amid active January 22.50 calls.

Petrobras (PBR) 30-day option implied volatility is at 33; compared to its 52-week range of 22 to 50. Call put ratio 1 call to 2.7 puts.

Generac Holdings (GNRC) 30-day option implied volatility is at 60; compared to its 52-week range of 33 to 67.

HubSpot (HUBS) 30-day option implied volatility is at 47; compared to its 52-week range of 31 to 61.

Blackstone (BX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 48.

Shockwave Medical (SWAV) 30-day option implied volatility is at 39; compared to its 52-week range of 30 to 91.

Option IV into quarter results

Tilray (TLRY) April weekly 2.5 straddle priced for a move of 22% into the expected release of quarter results before the bell on April 9.

Delta Air Lines (DAL) April weekly 46 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on April 10.

Options with decreasing option implied volatility: RUM MANU NNOX RH XP EDR EXAS WBA CAG
Increasing unusual option volume: PTEN LEVI IAU LW VERI USFD ACB
Increasing unusual call option volume: LW LEVI SMTC VERI MKC
Increasing unusual put option volume: ZI ACB LW SMR MTUM
Popular stocks with increasing volume: MU PBR F INTC SOFI DELL ACB TSM C
Active options: TSLA NVDA AMD META AAPL AMZN PLTR MU MSFT MARA PBR GOOGL TLRY F INTC SOFI DELL ACB TSM C
Global S&P Futures mixed in premarket, Nikkei down 2%, DAX down 1.5%, WTI Crude oil recently at $86.30, natural gas mixed, gold at $2301