Pre-Market IV Report March 27, 2024

Pre-Market IV Report March 27, 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: SNAP CGC MANU XP ALGN PHUN SPOT META TDOC CMG INTC PINS IBM AMZN GE DPZ GOOG GOOGL EBAY RDDT ALCC MRNS DNUT CDLX MANU NVEI RUM LEG NCNO IP DPZ HYG

Stocks expected to have increasing option volume: WBA GME PAYX CTAS MRK

Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024.

Straddle prices into quarter results

Carnival Cruise Lines (CCL) March weekly 17 straddle priced for a move of 9.5% into the expected release of quarter results today before the bell.

Walgreens Boots Alliance (WBA) March weekly 20.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 28.

Movement

Super Micro Computer (SMCI) 30-day option implied volatility is at 90; compared to its 52-week range of 54 to 117 amid wide price movement.

Reddit (RDDT) 30-day option implied volatility is at 165. Call put ratio 1 call to 1 put as share price trades higher after IPO.

Astera Labs (ALAB) 30-day option implied volatility is at 125. Call put ratio 2.7 calls to 1 put with a focus on April and July calls as share price trades higher after IPO.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 135.

Shockwave Medical (SWAV) 30-day option implied volatility is at 43; compared to its 52-week range of 30 to 91 amid wide price movement.

Stellantis (STLA) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 423 amid active June 30 and 34 calls as share price near record high into New York Auto Show.

Diamondback Energy (FANG) 30-day option implied volatility is at 21; compared to its 52-week range of 20 to 79. Call put ratio 1.8 calls to 1 put.

Vanguard Ftse Emerging Markets Etf (VWO) 30-day option implied volatility is at 11; compared to its 52-week range of 12 to 56 amid active May 36 puts and June 39 puts.

Montauk Renewables (MNTK) 30-day option implied volatility is at 60; compared to its 52-week range of 29 to 102 amid active May 5 calls.

ArcelorMittal (MT) 30-day option implied volatility is at 24; compared to its 52-week range of 23 to 40 amid active April 25.50 puts.

CONSOL Energy (CEIX) 30-day option implied volatility is at 44; compared to its 52-week range of 33 to 94.

Spotify (SPOT) 30-day option implied volatility is at 51; compared to its 52-week range of 29 to 61.

Cytokinetics (CYTK) 30-day option implied volatility is at 62; compared to its 52-week range of 43 to 274 amid wide price movement.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 29; compared to its 52-week range of 25 to 38. Call put ratio 2.5 calls to 1 put as gold trades $2199.

Options with decreasing option implied volatility: CHWY VKTX PDD LULU ASO NKE FDX ACN GIS
Increasing unusual option volume: SMTC NVEI MKC PEG CDLX VZIO
Increasing unusual call option volume: MKC NVEI SMTC CDLX CLNE CRON
Increasing unusual put option volume: UWMC AVTR MKC AKBA IP VKTX
Popular stocks with increasing volume: PLTR C ARM MARA CCL PYPL SOFI UPS GME TLRY MRVL
Active options: TSLA NVDA AMD AAPL MU META PLTR AMZN C GOOGL ARM MARA CCL PYPL SOFI MSFT UPS GME TLRY MRVL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80.80, natural gas mixed, gold at $2199