Pre-Market IV Report March 28, 2024

Pre-Market IV Report March 28, 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: MANU STOCK CGC SNAP XP AVXL ALGN PHUN SPOT QS TDOC META ROKU PINS CMG AMZN IBM GOOGL GOOG EBAY DPZ ACI V WM CL TMUS CMCSA DHR ACI

Stocks expected to have increasing option volume: RH WBA JNJ RUM FUL MLKN DJT RILY

Walt Disney (DIS) 30-day option implied volatility is at 24; compared to its 52-week range of 20 to 38 into Disney 2024 Annual Meeting of Shareholders on April 3, 2024. Call put ratio 1.9 calls to 1 put as share price near 20-month high.

Apple (AAPL) 30-day option implied volatility is at 20; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024.

Movers into month end quarter end

Reddit (RDDT) 30-day option implied volatility is at 128. Call put ratio 1.1 call to 1 put into insider sale transactions.

Trump Media & Technology Group (DJT) March weekly call option implied volatility is at 337, April is at 235.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 38. Call put ratio 2.9 calls to 1 put as gold trades above $2200.

Johnson & Johnson (JNJ) 30-day option implied volatility is at 15; compared to its 52-week range of 11 to 21.

Rumble (RUM) 30-day option implied volatility is at 121; compared to its 52-week range of 48 to 158. Call put ratio 1.9 calls to 1 put on 41K with focus on April 10 and November 10 calls.

Ouster (OUST) 30-day option implied volatility is at 88; compared to its 52-week range of 20 to 136. Call put ratio 4.7 calls to 1 put as share price up.

Comstock Resources (CRK) 30-day option implied volatility is at 39; compared to its 52-week range of 37 to 99. Call put ratio 25 calls to 1 put with a focus on April 9 and 11 calls.

Newell Brands (NWL) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 98. Call put ratio 2.8 calls to 1 put as share price up 6.3%.

Crown Holdings (CCK) 30-day option implied volatility is at 22; compared to its 52-week range of 20 to 62. Call put ratio 1 call to 19 puts with a focus on May 70 puts.

KeyCorp (KEY) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 107. Call put ratio 1 call to 2.4 puts.

Atlas Lithium (ATLX) 30-day option implied volatility is at 130; compared to its 52-week range of 40 to 97. Call put ratio 14 calls to 1 put with focus on October 35 calls.

Lloyds Banking Group (LYG) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 44.

Straddle prices into quarter results

PVH Corp. (PVH) April 140 straddle priced for a move of 11% into the expected release of quarter results after the bell on April 1.

Solar stocks option IV into month end and quarter end

First Solar (FSLR) 30-day option implied volatility is at 46; compared to its 52-week range of 37 to 66. Call put ratio 2.2 calls to 1 put amid sharp rally.

SunPower (SPWR) 30-day option implied volatility is at 90; compared to its 52-week range of 53 to 265. Call put ratio 11 calls to 1 put as share price near low end of range.

Canadian Solar (CSIQ) 30-day option implied volatility is at 78; compared to its 52-week range of 38 to 71 as share price near low end of range.

Sunrun (RUN) 30-day option implied volatility is at 87; compared to its 52-week range of 60 to 116 amid share price rally.

SolarEdge Technologies (SEDG) 30-day option implied volatility is at 72; compared to its 52-week range of 41 to 103.

Options with decreasing option implied volatility: VKTX DJT GME TSLY CHWY LULU ASO MU NKE CCL FDX ACN NANOS
Increasing unusual option volume: SMTC REIT OGI NVCR OPK BRZE OPK UWMC ASPN
Increasing unusual call option volume: NVEI SMTC REI NVCR SMR OGI NKTX OUST OPK CGC
Increasing unusual put option volume: AVTR UWMC EH XPO AKBA NVDL DJT CGC ACAD CLMT
Popular stocks with increasing volume: CCL HOOD GME MARA COIN DKNG NIO MRVL C
Active options: TSLA NVDA AMD AAPL CCL HOOD META AMZN GME MARA COIN DKNG INTC MU PLTR MSFT NIO MRVL GOOGL C
Global S&P Futures mixed in premarket, Nikkei down 1.4%, DAX mixed, WTI Crude oil recently at $81.70, natural gas mixed to lower, gold at $2216