Pre-Market IV Report February 28, 2024

Pre-Market IV Report February 28, 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: SOUN DNLI BMEA ALHC SOND BEAM GNL RXRX CVNA TMCI JMIA IAS WRBY CLVT LMND

Stocks expected to have increasing option volume: BIDU TJX SPLK EBAY FSLR UHS TKO DAR SAM URBN GO VZIO BMBL RDFN SPCE BYND AMBA OPK MLCO CRDO SSRM AGL ARRY RXRX RKLB CLNE VKTX

Straddle prices into quarter results

Salesforce (CRM) March weekly 300 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Snowflake (SNOW) March weekly 235 straddle priced for a move of 12% into the expected release of quarter results today after the bell.

Paramount Global (PARA) March weekly 11 straddle priced for a move of 12% into the expected release of quarter results today after the bell.

C3.ai (AI) March weekly 30 straddle priced for a move of 14% into the expected release of quarter results today after the bell.

Best Buy (BBY) March weekly 79 straddle priced for a move of 8% into the expected release of quarter results before the bell on February 29.

Autodesk (ADSK) March weekly 257 straddle priced for a move of 6% into the expected release of quarter results after the bell on February 29.

Dell Technologies (DELL) March weekly 92 straddle priced for a move of 7% into the expected release of quarter results after the bell on February 29.

Papa John’s Pizza (PZZA) March weekly 72.50 straddle priced for a move of 7% into the expected release of quarter results before the bell on February 29.

Hewlett Packard (HPE) March 15 straddle priced for a move of 9% into the expected release of quarter results after the bell on February 29.

NetEase (NTES) March weekly 113 straddle priced for a move of 7% into the expected release of quarter results before the bell on February 29.

Option IV as Bitcoin trades above $59,200 as Bitcoin halving is approaching

Coinbase (COIN) 30-day option implied volatility is at 90; compared to its 52-week range of 59 to 126 as Bitcoin trades above $59,200 as Bitcoin halving is approaching. Call put ratio 2.1 calls to 1 put.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 156; compared to its 52-week range of 89 to 196 as Bitcoin trades above $59,200 as Bitcoin halving is approaching. Call put ratio 3 calls to 1 put.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 101; compared to its 52-week range of 55 to 104 as Bitcoin trades above $59,300 as Bitcoin halving is approaching.

Riot Platforms (RIOT) 30-day option implied volatility is at 115; compared to its 52-week range of 84 to 144 as Bitcoin trades above $59,200 as Bitcoin halving is approaching. Call put ratio 3.5 calls to 1 put.

Movers

UnitedHealth Group (UNH) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 26. Call put ratio 1 call to 1.4 puts after DOJ probing UnitedHealth on antitrust grounds, WSJ says.

iShares Nasdaq Biotechnology (IBB) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 27. Call put ratio 1 call to 4.6 puts with a focus on June 120 puts.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 150; compared to its 52-week range of 44 to 234. Call put ratio 1 call to 1 put amid sharp rally.

iShares China Large-Cap (FXI) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 35. Call put ratio 8.5 calls to 1 put with a focus on April calls.

iShares Gold Trust (IAU) 30-day option implied volatility is at 9; compared to its 52-week range of 9 to 25. Call put ratio 1 call to 173 puts with a focus on July 36 puts.

BigBear.ai (BBAI) 30-day option implied volatility is at 179; compared to its 52-week range of 78 to 176. Call put ratio 17 calls to 1 put as share price up.

Itau Unibanco Banco Multiplo S.a. (ITUB) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 85. Call put ratio 1 call to 11 puts with a focus on March and April puts.

Ishares Msci Usa Momentum Factor Etf (MTUM) 30-day option implied volatility is at 18; compared to its 52-week range of 11 to 37 with a focus on March put spreaders.

Options with decreasing option implied volatility: ENVX AAOI VRT ARDX SEDG SQ TDS U CVNA BROS W
Increasing unusual option volume: BBAI SOUN ATUS BMBL SPLK PUBM MDRX ATMU HIMS MGNI IAU
Increasing unusual call option volume: BBAI SOUN ATUS SPLK MDRX HIMS MGNI
Increasing unusual put option volume: BMBL SOUN VKTX HIMS MDRX VST NRG CMI
Popular stocks with increasing volume: PANW SOFI COIN CVNA PLTR HOOD U ZM BAC RIVN
Active options: TSLA NVDA MARA AAPL AMD PANW SOUN SOFI COIN CVNA GOOGL PLTR HOOD AMZN U ZM BAC META RIVN RIOT
Global S&P Futures lower in premarket, Nikkei up 2%, DAX mixed, WTI Crude oil recently at $78, natural gas down 1%, gold at $2034