Pre-Market IV Report March 8, 2024

Pre-Market IV Report March 8, 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: GME EXAS OSCR AVGO TSM NVDA COST HSBC SMH MOR QCOM SDS GLD GH GRFS MNMD ASX CRC DOMO EXAS SVV GRND

Stocks expected to have increasing option volume: AVGO COST DOCU MDB MRVL GWRE BBAI IOT GPS BKE SVV FIZZ

Chip option implied volatility amid wide price movement

NVIDIA (NVDA) March weekly call option implied volatility is at 66, March is at 57; compared to its 52-week range of 32 to 68 into NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.

Arm Holdings (ARM) March weekly call option implied volatility is at 107, March is at 126; compared to its 52-week range of 34 to 170.

Super Micro Computer (SMCI) March weekly call option implied volatility is at 131, March is at 132; compared to its 52-week range of 34 to 117.

AMD (AMD) 30-day option implied volatility is at 53; compared to its 52-week range of 34 to 58.

Micron Technology (MU) 30-day option implied volatility is at 56; compared to its 52-week range of 27 to 52. Call put ratio 2.9 calls to 1 put as share price trends higher.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 36 as share price near record high.

Movers

Apple (AAPL) 30-day option implied volatility is at 23; compared to its 52-week range of 16 to 31 as share price down seven-straight days.

Tesla (TSLA) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 67 as share price below $180.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 40 as gold near upper end of range. Call put ratio 3.3 calls to 1 put as gold above $2175.

Geron Corp (GERN) 30-day option implied volatility is at 205; compared to its 52-week range of 56 to 220.

Navios Maritime Partners (NMM) 30-day option implied volatility is at 55; compared to its 52-week range of 21 to 78. Call put ratio 4.7 calls to 1 put as share price up.

Audioeye, Inc. (AEYE) 30-day option implied volatility is at 90; compared to its 52-week range of 64 to 110 as share price up.

Currencyshares Swiss Franc Trust (FXF) 30-day option implied volatility is at 7; compared to its 52-week range of 6 to 24 on active April 99 puts.

Mind Medicine (MNMD) 30-day option implied volatility is at 133; compared to its 52-week range of 55 to 153. Call put ratio 2.6 calls to 1 put as share price up.

Spdr S&P Metals & Mining Etf (XME) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 41 on 9K contracts.

Straddle prices into quarter results

Oracle (ORCL) March 114 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on March 11.

Vail Resorts (MTN) March 230 straddle priced for a move of 6% into the expected release of quarter results after the bell on March 11.

Options with decreasing option implied volatility: BMEA SOUN BIG BYND ESTC SE FL GTLB SATS BURL ANF ZS AEO JWN CRWD IRWD JD
Increasing unusual option volume: BBAI FOXA XEL ATMU CMI GRFS NYCB VSCO SOUN MNMD VLY CIEN OTLY COMM
Increasing unusual call option volume: ATMU BBAI CMI NYCB SOUN MNMD HPE BJ COMM SPHR
Increasing unusual put option volume: CMI ATMU OTLY NYCB SOUN VSCO VLY CIEN GRFS HPE VKTX HCP EOSE AMLX PLAY BJ KR
Popular stocks with increasing volume: NYCB INTC SOFI TSM MU MARA MRVL C SNAP RIVN
Active options: NVDA TSLA AAPL PLTR META AMD NYCB INTC SOFI AMZN GOOGL TSM MU MARA MRVL C SNAP RIVN GOOGL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79.50, natural gas down 1%, gold at $2174