Pre-Market IV Report February 16, 2024

Pre-Market IV Report February 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: IREN SMCI GRPN ARM GTLB MSTR ASAN IEP PATH DG S DKS ORCL ADBE ULTA VOD TOST DKNG TTD DASH ROKU DBX COIN NNOX RILY K SANA IEP ACI

Stocks expected to have increasing option volume: TTD DKNG AMAT DASH ROKU TOST DBX COIN BE GEHC AMZN OPEN SHAK SPWR NKE

NVIDIA (NVDA) option IV into quarter results

NVIDIA (NVDA) February weekly call option implied volatility is at 99, March is at 63; compared to its 52-week range of 32 to 68. Call put ratio 2.1 calls to 1 put into expected release of quarter results after the bell on February 21.

Arm Holdings (ARM) 30-day option implied volatility is at 141; compared to its 52-week range of 34 to 171 amid wide price movement. Call put ratio 2.2 calls to 1 put.

AMD (AMD) 30-day option implied volatility is at 47; compared to its 52-week range of 34 to 58.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 36.

Tech option IV

Meta Platforms (META) 30-day option implied volatility is at 29; compared to its 52-week range of 24 to 54 as share price near record high.

Alibaba (BABA) 30-day option implied volatility is at 39; compared to its 52-week range of 30 to 55.

Snowflake (SNOW) 30-day option implied volatility is at 59; compared to its 52-week range of 33 to 75. Call put ratio 2.4 calls to 1 put as share price near 20-month high.

Straddle prices into release quarter results

Walmart (WMT) February weekly 170 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on February 20.

Home Depot (HD) February weekly 360 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on February 20.

Palo Alto Networks (PANW) February weekly 367.50 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 20.

Medtronic (MDT) February weekly 85 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 20.

Diamondback Energy (FANG) February weekly 177straddle priced for a move of 4.5% into the expected release of quarter results after the bell on February 20.

Toll Brothers (TOL) February weekly 104 straddle priced for a move of 6% into the expected release of quarter results after the bell on February 20.

Caesars Entertainment (CZR) February weekly 43 straddle priced for a move of 7% into the expected release of quarter results after the bell on February 20.

SolarEdge Technologies (SEDG) February weekly 87 straddle priced for a move of 20% into the expected release of quarter results after the bell on February 20.

NVIDIA (NVDA) February weekly 725 straddle priced for a move of 12% into the expected release of quarter results after the bell on February 21.

Option IV into melanoma PDUFA

Iovance Biotherapeutics (IOVA) 30-day option implied volatility is at 195; compared to its 52-week range of 51 to 201 into lifileucel’s FDA action date on February 24, 2024. Call put ratio 6.1 calls to 1 put.

Option volume

Community Health Systems (CYH) 30-day option implied volatility is at 133; compared to its 52-week range of 58 to 139 with a focus on March 4 and 5 calls.

West Pharma (WST) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 62 with a focus on March 290 puts active.

Ishares Msci Usa Momentum Factor Etf (MTUM) 30-day option implied volatility is at 19; compared to its 52-week range of 11 to 37 with a focus on March 150 and 160 puts.

Olink Holding AB (OLK) 30-day option implied volatility is at 61; compared to its 52-week range of 11 to 101 with a focus on March 19 and 23 puts.

Granite Point Mortgage Trust Inc. (GPMT) 30-day option implied volatility is at 44; compared to its 52-week range of 25 to 51 with a focus on June 2.5 puts.

TriNet Group (TNET) 30-day option implied volatility is at 44; compared to its 52-week range of 17 to 75. Call put ratio 1 call to 4.9 puts with a focus on February 105 puts.

Options with decreasing option implied volatility: PINS UPST AFRM BILL DOCS NET VRM UPWK APP FSLY HAS SHOP CART DDOG ZI LYFT HOOD EXPE GNRC
Increasing unusual option volume: FROG PTEN NNOX PPC SOUN CMI AGEN BTAI VLY CYH GPMT TNET OLK MTUM WFC
Increasing unusual call option volume: SOUN FROG NNOX CMI AGEN CYH AMBC PSX DWAC BIG HRTX pR VOD
Increasing unusual put option volume: CMI VLY SOUN SSRM NYCB YETI ETRN DBX ALNY FSLY AKAM LYFT
Popular stocks with increasing volume: LYFT PLTR SMCI COIN BAC ARM UBER WFC OXY
Active options: TSLA NVDA META AAPL LYFT AMD MARA GOOGL PLTR AMZN SMCI MSFT COIN BAC ARM UBER WFC NFLX OXY SOUN
Global S&P Futures mixed in premarket, Nikkei mixed to higher, DAX mixed, WTI Crude oil recently at $77.50, natural gas mixed, gold at $2017