Pre-Market IV Report May 6, 2024

Pre-Market IV Report May 6, 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 HIMS ASAN OKTA GPS ANF PBR DKS DLTR DT ULTA DG HRL NTAP LULU ACI MGNX

Stocks expected to have increasing option volume: DIS PLTR MCHP PRFT SPG TSN COTY LCID HIMS VRTX

Straddle prices into quarter results into April employment report

Disney (DIS) May weekly 114 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on May 7.

BP (BP) May weekly 39 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 7.

UBS (UBS) May weekly 27.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 7.

Ferrari (RACE) May weekly 430 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 7.

McKesson (MCK) May weekly 530 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on May 7.

Occidental Petroleum (OXY) May weekly 64 straddle priced for a move of 4.5% into the expected release of quarter results after the bell on May 7.

Suncor (SU) May weekly 39 straddle priced for a move of 4% into the expected release of quarter results after the bell on May 7.

Datadog (DDOG) May weekly 124 straddle priced for a move of 12% into the expected release of quarter results before the bell on May 7.

Coupang (CPNG) May weekly 23 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 7.

Kenvue (KVUE) May weekly 19 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 7.

Electronic Arts (EA) May weekly 129 straddle priced for a move of 5% into the expected release of quarter results after the bell on May 7.

Rockwell Automation (ROK) May 275 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 7.

Global Foundries (GFS) May 50 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 7.

Celsuis (CELH) May weekly 76 straddle priced for a move of 16% into the expected release of quarter results before the bell on May 7.

Toast (TOST) May weekly 22.50 straddle priced for a move of 14% into the expected release of quarter results after the bell on May 7.

Twilio (TWLO) May weekly 62 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 7.

Wynn Resorts (WYNN) May weekly 97 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 7.

Rivian (RIVN) May weekly 10 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 7.

Match Group (MTCH) May weekly 32 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 7.

Kinross Gold (KGC) May weekly 6.5 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 7.

Crocs (CROX) May weekly 125 straddle priced for a move of 12% into the expected release of quarter results before the bell on May 7.

Reddit (RDDT) May weekly 46.50 straddle priced for a move of 15% into the expected release of quarter results before the bell on May 7.

Lyft (LYFT) May weekly 17 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 7.

Movers

Weibo (WB) 30-day option implied volatility is at 64; compared to its 52-week range of 32 to 66. Call put ratio 55 calls to 1 put with focus on July calls as share price up.

Fortress Transportation (FTAI) 30-day option implied volatility is at 63; compared to its 52-week range of 27 to 148 with a focus on June 22.50 puts.

EyePoint Pharmaceuticals (EYPT) 30-day option implied volatility is at 170; compared to its 52-week range of 69 to 430 with a focus on May 22.50 and 30 puts.

Castle Biosciences Inc. (CSTL) 30-day option implied volatility is at 63; compared to its 52-week range of 28 to 148 with a focus on June 22.50 puts.

Altice USA (ATUS) 30-day option implied volatility is at 96; compared to its 52-week range of 62 to 132. Call put ratio 1 call to 40 puts amid active May and June 1.5 puts as share price down.

Toronto-Dominion Bank (TD) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 63. Call put ratio 1 call to 2.4 puts with focus on May and June puts.

Atlantica Sustainable Infrastructure (AY) 30-day option implied volatility is at 48; compared to its 52-week range of 17 to 71. Call put ratio 1.3 calls to 1 put as share.

GameStop (GME) 30-day option implied volatility is at 199; compared to its 52-week range of 52 to 151. Call put ratio 5.2 calls to 1 put with a focus on May weekly calls as share price up into bell.

AMC Entertainment (AMC) 30-day option implied volatility is at 127; compared to its 52-week range of 73 to 592. Call put ratio 5.2 calls to 1 put with a focus on June 25 calls as share price up into bell.

Paramount Global (PARA) 30-day option implied volatility is at 74; compared to its 52-week range of 40 to 87.

Perficient, Inc. (PRFT) 30-day option implied volatility is at 61; compared to its 52-week range of 24 to 61 into acquired by EQT for $76 per share in cash. Call put ratio 1 call to 2.8 puts.

Sprott Inc (SII) 30-day option implied volatility is at 45; compared to its 52-week range of 18 to 54.

Boeing (BA) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 39 amid headlines.

Options with decreasing option implied volatility: BKKT ANVS CAR MSOX RILY FSLY WOLF GL TGTX
Increasing unusual option volume: ALCC MCHI HA WB MNST
Increasing unusual call option volume: WB MCHI FOXA XLI ALCC ETRN ASPN FRSH
Increasing unusual put option volume: MNST MCHI TD CRBG JCI XLI TMF TDS STEM
Popular stocks with increasing volume: PLTR COIN BABA GME SOFI SQ PARA SMCI DKNG DAL
Active options: AAPL TSLA NVDA AMD AMZN META GOOGL PLTR COIN MSFT BABA GME MARA SOFI SQ PARA SMCI DKNG GOOG DAL
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $78, natural gas up mixed, gold at $2325