Pre-Market IV Report March 13, 2024

Pre-Market IV Report March 13, 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: NVDA ACHR NN SWN SPLK PACK RARE EH SURG ARCO QFIN PAY SHIP PD SIGA EB SWN JCI HA AL GLNG SLRC

Stocks expected to have increasing option volume: DKS DLTR WSM ADBE S DG ULTA ADBE PD SURG SKIN RXT PRPL CLOV GES MAXN WOOF BALY ODD TMC BIRD HRTX VJET ARM

Straddle prices into quarter results

SentinelOne (S) March 28 straddle priced for a move of 14% into the expected release of quarter results today after the bell.

Dollar General (DG) March 160 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 14.

Ulta Beauty (ULTA) March 555 straddle priced for a move of 8% into the expected release of quarter results after the bell on March 14.

Dick’s Sporting Goods (DKS) March 182.50 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on March 14.

Adobe (ADBE) March 580 straddle priced for a move of 7.5% into the expected release of quarter results on March 14.

PagerDuty (PD) March 25 straddle priced for a move of 20% into the expected release of quarter results after the bell on March 14.

Option implied volatility for 2X

GraniteShares 2x Long NVDA Daily ETF (NVDL) 30-day option implied volatility is at 118; compared to its 52-week range of 40 to 128. Call put ratio 1.7 calls to 1 put.

GraniteShares 2x Short NVDA Daily ETF (NVD) 30-day option implied volatility is at 129; compared to its 52-week range of 39 to 139. Call put ratio 5.5 calls to 1 put .

GraniteShares 2x Long AAPL Daily ETF (AAPB) 30-day option implied volatility is at 39; compared to its 52-week range of 23 to 53.

GraniteShares 2x Long COIN Daily ETF (CONL) 30-day option implied volatility is at 191; compared to its 52-week range of 84 to 209.

GraniteShares 2x Long META Daily ETF (FBL) 30-day option implied volatility is at 81; compared to its 52-week range of 31 to 80.

GraniteShares 2x Long BABA Daily ETF (BABX) 30-day option implied volatility is at 41; compared to its 52-week range of 21 to 88.

Direxion Daily TSLA Bull 1.5X (TSLL) 30-day option implied volatility is at 77; compared to its 52-week range of 61 to 99. Call put ratio 2.4 calls to 1 put.

Direxion Daily TSLA Bear 1X Shares (TSLS) 30-day option implied volatility is at 51; compared to its 52-week range of 40 to 101.

Movers

Powershares Db Agriculture Fund (DBA) 30-day option implied volatility is at 16; compared to its 52-week range of 11 to 21 with a focus on January 25 calls.

Allegro MicroSystems, Inc. (ALGM) 30-day option implied volatility is at 44; compared to its 52-week range of 33 to 91. Call put ratio 1 call to 21 puts with a focus on May 25 puts as share price down.

Spdr S&P Insurance Etf (KIE) 30-day option implied volatility is at 15; compared to its 52-week range of 11 to 65 with a focus on April 47 and 48 put spreader.

MDU Resources Group (MDU) 30-day option implied volatility is at 19; compared to its 52-week range of 15 to 29 with a focus on October 25 and 30 calls spreader.

Apartment Income REIT Corp. (AIRC) 30-day option implied volatility is at 20; compared to its 52-week range of 13 to 36 with a focus on May 30 puts.

TMC the metals company (TMC) 30-day option implied volatility is at 140; compared to its 52-week range of 70 to 175 on option volume of 22K contracts.

Options with decreasing option implied volatility: IOT BMEA VACO FL ANF MANU GPS
Increasing unusual option volume: GERN REI CMI ATMU SOUN ALGM TMC RXT
Increasing unusual call option volume: CMI REI GERN SOUN AIG FTI BZUN
Increasing unusual put option volume: ATMU SOUN AVTR GERN ETRN
Popular stocks with increasing volume: ORCL BA PLTR TSM JD BABA PFE ARM NIO INTC RIVN
Active options: TSLA NVDA AAPL AMD ORCL META BA PLTR AMZN MSFT MARA GOOGL TSM JD BABA PFE ARM NIO INTC RIVN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $78.30, natural gas down 1%, gold at $2164