Pre-Market IV Report March 25, 2024

Pre-Market IV Report March 25, 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: DWAC CGC HE SMH ANVS SMH ISPR ATNM AGTI NN LAC GMED

Stocks expected to have increasing option volume: AMD INTC NVDA SMCI ARM GME CGC

Movement

AMD (AMD) 30-day option implied volatility is at 46; compared to its 52-week range of 34 to 59 into China has introduced new guidelines for U.S. microprocessors from Intel (INTC) and AMD, the FT reports.

Intel (INTC) 30-day option implied volatility is at 38; compared to its 52-week range of 28 to 49 into China has introduced new guidelines for U.S. microprocessors from Intel and AMD (AMD), the FT reports.

Micron Technology (MU) 30-day option implied volatility is at 34; compared to its 52-week range of 27 to 58.

Boeing (BA) 30-day option implied volatility is at 31; compared to its 52-week range of 22 to 37.

Straddle prices into quarter results

GameStop (GME) March weekly 13 straddle priced for a move of 17% into the expected release of quarter results after the bell on March 26.

Movers

Corning (GLW) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 31. Call put ratio 12.4 calls to 1 put with focus on May 34 calls.

Cronos Group (CRON) 30-day option implied volatility is at 56; compared to its 52-week range of 41 to 118. Call put ratio 9.2 calls to 1 put with focus on May 3 calls as share price up.

Papa John’s (PZZA) 30-day option implied volatility is at 30; compared to its 52-week range of 27 to 82. Call put ratio 1 call to 20 puts with a focus on May 60 puts as share price down.

Freshworks Inc (FRSH) 30-day option implied volatility is at 40; compared to its 52-week range of 35 to 85. Call put ratio 1 call to 12.3 puts with a focus on April 20 puts.

Digital World Acquisition Corp (DWAC) 30-day option implied volatility is at 205; compared to its 52-week range of 43 to 230.

Cannabis option IV amid rally

Canopy Growth (CGC) 30-day option implied volatility is at 193; compared to its 52-week range of 72 to 248. Call put ratio 2.7 calls to 1 put on 200K contracts.

Tilray Brands (TLRY) 30-day option implied volatility is at 134; compared to its 52-week range of 70 to 138. Call put ratio 14 calls to 1 puts.

Cronos Group (CRON) 30-day option implied volatility is at 60; compared to its 52-week range of 41 to 118. Call put ratio to 9.5 calls to 1 put.

Alternative Harvest ETF (MJ) 30-day option implied volatility is at 76; compared to its 52-week range of 35 to 124. Call put ratio 1 calls to 4.6 puts.

Aurora Cannabis (ACB) 30-day option implied volatility is at 113; compared to its 52-week range of 20 to 214. Call put ratio 12 calls to 1 put on 46K contracts.

AdvisorShares Pure US Cannabis ETF (MSOS) 30-day option implied volatility is at 108; compared to its 52-week range of 43 to 169. Call put ratio 2.5 calls to 1 put.

Options with decreasing option implied volatility: DUK D IBRX MDGL FOUR TME OSCR EXAS
Increasing unusual option volume: VLD ERJ SOUN IR XFOR CRON LULU PZZA AMTX INSM
Increasing unusual call option volume: IR ERJ ALNY VLD CGC AMTX LULU CRON XFOR
Increasing unusual put option volume: PZZA SOUN TME SBSW LULU AKBA
Popular stocks with increasing volume: NKE MU LULU COIN PFE SMCI C PLTR
Active options: NVDA TSLA AAPL AMD GOOGL NKE MU LULU AMZN MSFT COIN PFE GOOG META MARA TLRY SMCI C DWAC PLTR
Global S&P Futures mixed in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $81.50, natural gas mixed, gold at $2167