Pre-Market IV Report February 7, 2024

Pre-Market IV Report February 7, 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: ABR ANF SE MDB WAL BURL CPRI CRWD TGT ZION HBAN KR X SPLK HA NYCB HMC

Stocks expected to have increasing option volume: DIS WYNN SNAP UBER BABA DIS CHKP GM F VFS CMG GILD

Straddle prices into release quarter results

Walt Disney (DIS) February weekly 92 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell.

PayPal (PYPL) February weekly 63 straddle priced for a move of 8.5% into the expected release of quarter results today after the bell.

Wynn Resorts Ltd (WYNN) February weekly 100 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

ConocoPhillips (COP) February weekly 111 straddle priced for a move of 3% into the expected release of quarter results before the bell on February 8.

Kenvue (KVUE) February weekly 21 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 8.

Take-Two (TTWO) February weekly 165 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on February 8.

Cloudflare (NET) February weekly 82 straddle priced for a move of 12% into the expected release of quarter results after the bell on February 8.

Illumina (ILMN) February weekly 145 straddle priced for a move of 8% into the expected release of quarter results after the bell on February 8.

VeriSign (VRSN) February 200 straddle priced for a move of 5% into the expected release of quarter results after the bell on February 8.

Pinterest (PINS) February weekly 41 straddle priced for a move of 13% into the expected release of quarter results after the bell on February 8.

Valley National Bancorp (VLY) 30-day option implied volatility is at 90; compared to its 52-week range of 22 to 189. Call put ratio 1 call to 12 puts.

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 57; compared to its 52-week range of 33 to 396. Call put ratio 1 call to 3.5 puts.

Regions Financial (RF) 30-day option implied volatility is at 32; compared to its 52-week range of 24 to 122.

New York Community Bancorp (NYCB) 30-day option implied volatility is at 227; compared to its 52-week range of 18 to 227. Call put ratio 1 call to 2 puts.

SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 81. Call put ratio 1 call to 2.5 puts.

Ares Management (ARES) 30-day option implied volatility is at 30; compared to its 52-week range of 19 to 96 amid active June 60 and July 65 puts.

ITT Inc (ITT) 30-day option implied volatility is at 27; compared to its 52-week range of 17 to 87 amid active March 125 calls.

Fabrinet (FN) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 74. Call put ratio 1.9 calls to 1 put on active volume of 1900 contracts as share price down 22.5%.

FMC Corp. (FMC) 30-day option implied volatility is at 42; compared to its 52-week range of 19 to 90 amid active March 55 calls and puts as share price down 11%.

Ramaco Resources, Inc. (METC) 30-day option implied volatility is at 74; compared to its 52-week range of 29 to 116 amid active February 18 and March 16 puts.

KKR Real Estate Finance Trust (KREF) 30-day option implied volatility is at 38; compared to its 52-week range of 20 to 53 amid active April 10 puts.

Ichor (ICHR) 30-day option implied volatility is at 55; compared to its 52-week range of 35 to 60 amid active February 37.50 puts.

PennyMac Mortgage Investment Trust (PMT) 30-day option implied volatility is at 22; compared to its 52-week range of 19 to 71 amid active September 12.50 puts.

Kohl’s (KSS) 30-day option implied volatility is at 65; compared to its 52-week range of 38 to 80 amid headlines.

Options with decreasing option implied volatility: WOLF TEAM SYM SPOT MOR SAVE GOOS
Increasing unusual option volume: INVZ NYCB VLY ITUB UMC ICLN
Increasing unusual call option volume: ITUB NYCB INVZ XLI RUM UMC
Increasing unusual put option volume: VLY CHGG NYCB ICLN CARR
Popular stocks with increasing volume: SNAP NYCB SMCI UBER AMC SOFI NIO CVNA PFE
Active options: PLTR TSLA NVDA AMD BABA AAPL META F AMZN SNAP NYCB SMCI UBER GOOGL AMC MSFT SOFI NIO CVNA PFE