Pre-Market IV Report March 4, 2024

Pre-Market IV Report March 4, 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: BTIX MSTR GME BITI BITO HOOD KGC HA ROOT ATXS KODK SEMR VTYX SOHU LUNR AKRO GME IRDM AVDL

Stocks expected to have increasing option volume: TGT TOST NIO BOX JWN CHPT BA SPR GE AAL M MGY AL BGC BL ARCH MGEE CRMT TVI FORR OIS APPS CCSI IRBT LI

Option IV amid headlines and events

Boeing (BA) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 41 amid Spirit AeroSystems (SPR) and Boeing confirms merger discussion.

Spirit AeroSystems (SPR) 30-day option implied volatility is at 57; compared to its 52-week range of 39 to 104 amid Spirit AeroSystems and Boeing (BA) confirms merger discussion.

American Airlines (AAL) 30-day option implied volatility is at 40; compared to its 52-week range of 28 to 55 into hosting a investor day on March 4.

General Electric (GE) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 37 into investors days March 6-7.

Macy’s (M) 30-day option implied volatility is at 51; compared to its 52-week range of 35 to 77 into confirms receipt of revised, unsolicited proposal from Arkhouse, Brigade.

Optio IV after delayed financial reports

Archer Daniels Midland (ADM) 30-day option implied volatility is at 33; compared to its 52-week range of 17 to 43 after delayed financial reports.

Chemours (CC) 30-day option implied volatility is at 67; compared to its 52-week range of 29 to 89 after delayed financial reports.

Mattel (MAT) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 51 after delayed financial reports.

New York Community Bancorp (NYCB) 30-day option implied volatility is at 154; compared to its 52-week range of 21 to 233 after delayed financial reports. Call put ratio 1 call to 2.7 puts.

Straddle prices into quarter results

Stich Fix (SFIX) March weekly 3 straddle priced for a move of 18% into the expected release of quarter results today after the bell.

Target (TGT) March weekly 152.50 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on March 5.

Ross Stores (ROST) March weekly 150 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on March 5.

NIO (NIO) March weekly 6 straddle priced for a move of 13% into the expected release of quarter results before the bell on March 5.

Box (BOX) March weekly 26.50 straddle priced for a move of 12% into the expected release of quarter results after the bell on March 5.

Nordstrom (JWN) March weekly 20.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on March 5.

ChargePoint (CHPT) March weekly 2 straddle priced for a move of 20% into the expected release of quarter results after the bell on March 5.

Movers

The New York Times Co. (NYT) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 64. Call put ratio 108 calls to 1 put with a focus on April 46 and 47 calls.

NetApp (NTAP) 30-day option implied volatility is at 25; compared to its 52-week range of 16 to 73. Call put ratio 4.2 calls to 1 put with a focus on March calls.

Avista Corp. (AVA) 30-day option implied volatility is at 21; compared to its 52-week range of 17 to 37 with a focus on September 25 puts.

Innoviz Technologies (INVZ) 30-day option implied volatility is at 101; compared to its 52-week range of 67 to 145. Call put ratio 1 call to 35 puts with a focus on January 2 and 3 puts.

Options with decreasing option implied volatility: AAP IRWD LMND IRBT ARRY HIMS MQ
Increasing unusual option volume: BBAI SOUN XEL NYCB REAL GPCR DELL ROOT BYND
Increasing unusual call option volume: SOUN BBAI DELL VNOM REAL NVTS IRDM UMC SG
Increasing unusual put option volume: NYCB SOUN ATMU AVTR DELL ESTC KDP PZZA BLY
Popular stocks with increasing volume: PLTR DELL TSM SMCI SNOW PFE MU PANW BAC
Active options: NVDA AMD TSLA AAPL META NYCB PLTR MARA AMZN SOUN DELL MSFT TSM SMCI SNOW PFE MU PANW BAC GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $80, natural gas up 2%, gold at $2093