Pre-Market IV Report February 5, 2024

Pre-Market IV Report February 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: NYCB IOVA HTZ ABR EDU OKTA

Stocks expected to have increasing option volume: CAT MCD TSN EL LLY

Boeing (BA) option IV amid headlines

Boeing (BA) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 41 into Boeing delays some 737 Max deliveries after new quality defect, Reuters says.

Spirit AeroSystems (SPR) 30-day option implied volatility is at 59; compared to its 52-week range of 38 to 104.

RTX (RTX) 30-day option implied volatility is at 17; compared to its 52-week range of 15 to 33.

Option IV into Senate Health, Education, Labor & Pensions Committee holds a hearing

Johnson & Johnson (JNJ) 30-day option implied volatility is at 13; compared to its 52-week range of 11 to 21 into Senate Health, Education, Labor & Pensions Committee holds a hearing on February 8.

Bristol-Myers Squibb (BMY) 30-day option implied volatility is at 23; compared to its 52-week range of 16 to 30 into Senate Health, Education, Labor & Pensions Committee holds a hearing on February 8.

Straddle prices into release quarter results

Eli Lilly (LLY) February weekly 665 straddle priced for a move of 6% into the expected release of quarter results before the bell on February 6.

BP (BP) February weekly 35 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 6.

KKR (KKR) February weekly 90 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on February 6.

Chipotle Mexican (CMG) February weekly 2482 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on February 6.

Amgen (AMGN) February weekly 322 straddle priced for a move of 4% into the expected release of quarter results after the bell on February 6.

Ford (F) February weekly 12 straddle priced for a move of 7% into the expected release of quarter results after the bell on February 6.

Spotify (SPOT) February weekly 222 straddle priced for a move of 9.5% into the expected release of quarter results before the bell on February 6.

GE HealthCare (GEHC) February weekly 74 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 6.

DuPont (DD) February weekly 62 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 6.

Snap (SNAP) February weekly 17 straddle priced for a move of 16% into the expected release of quarter results after the bell on February 6.

Check Point Software (CHKP) February 160 straddle priced for a move of 6% into the expected release of quarter results before the bell on February 6.

Option Movers

TAL Education (TAL) 30-day option implied volatility is at 59; compared to its 52-week range of 50 to 101. Call put ratio 74 calls to 1 put with a focus on March 13 calls.

Remitly Global (RELY) 30-day option implied volatility is at 60; compared to its 52-week range of 35 to 80. Call put ratio 11.8 calls to 1 put with a focus on March and April calls.

Sunnova Energy International Inc. (NOVA) 30-day option implied volatility is at 107; compared to its 52-week range of 63 to 146. Call put ratio 1 call to 6.9 puts with a focus on March puts.

Host Hotels & Resorts (HST) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 72 amid active April 17.50 puts.

Options with decreasing option implied volatility: SAVE IRBT SOFI GOOS WOLF
Increasing unusual option volume: RELY ABUS RC NYCB NOV GEN
Increasing unusual call option volume: GEN ABUS FE PLNT
Increasing unusual put option volume: IERN NYCB VLY APD ZI BFH
Popular stocks with increasing volume: PLTR SNOW INTC SOFI BABA SNAP BAC C RIVN
Active options: TSLA META NVDA AAPL AMZN AMD GOOGL MSFT GOOG PLTR SNOW SMCI MARA INTC SOFI BABA SNAP BAC C RIVN
Global S&P Futures mixed to lower in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $72, natural gas mixed, gold at $2039