Pre-Market IV Report May 7, 2024

Pre-Market IV Report May 7, 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 GLTLB ASAN LULU BBWI VOD HRL BYND RANI EVER BBAR FN BE ADMA

Stocks expected to have increasing option volume: VRTX MCHP DIS PLTR SPG COTY LCID RACE MCK OXY SU DDOG CPNG EA ROK GFS HIMS CELH BP TOST TWLO WYNN RIVN MTCH CROX LYFT UBER RDDT LITE

Straddle prices into quarter results

Uber (UBER) May weekly 72 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 8.

Airbnb (ABNB) May weekly 162 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 8.

Anheuser-Busch (BUD) May weekly 60 straddle priced for a move of 4% into the expected release of quarter results before the bell on May 8.

Arm Holdings (ARM) May weekly 106 straddle priced for a move of 12% into the expected release of quarter results after the bell on May 8.

Shopify (SHOP) May weekly 78 straddle priced for a move of 12.5% into the expected release of quarter results before the bell on May 8.

Li Auto (LI) May weekly 29 straddle priced for a move of 7% into the expected release of quarter results on May 8.

Teva (TEVA) May weekly 14 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 8.

Robinhood (HOOD) May weekly 17.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on May 8.

Affirm (AFRM) May weekly 36 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 8.

Movers

Micron Technology (MU) 30-day option implied volatility is at 40; compared to its 52-week range of 27 to 58 on 163K contracts.

EyePoint Pharmaceuticals (EYPT) 30-day option implied volatility is at 93; compared to its 52-week range of 69 to 491 on 4K contracts.

CAVA Group (CAVA) 30-day option implied volatility is at 66; compared to its 52-week range of 47 to 92. Call put ratio 4.2 calls to 1 put.

Upstart Holdings (UPST) 30-day option implied volatility is at 117; compared to its 52-week range of 73 to 158.

Jacobs (J) 30-day option implied volatility is at 24; compared to its 52-week range of 14 to 231. Call put ratio 9.9 calls to 1 put with focus on June 150 calls.

EyePoint Pharmaceuticals (EYPT) 30-day option implied volatility is at 93; compared to its 52-week range of 69 to 491 on 4K contracts.

Symbotic (SYM) 30-day option implied volatility is at 96; compared to its 52-week range of 62 to 157 on 25K contracts.

Freshpet (FRPT) 30-day option implied volatility is at 34; compared to its 52-week range of 30 to 93.

Options with decreasing option implied volatility: RILY CAR TGTX FSLY WOLF PINS GL LMND
Increasing unusual option volume: ALCC HA GLYC GRAB ARLP WCC GXO
Increasing unusual call option volume: WCC ALCC XP GL TDC BL PLNT
Increasing unusual put option volume: VZIO EH ZI NFE HIMS INFY GT GFS WGO
Popular stocks with increasing volume: SOFI NIO DIS C PFE HOOD MU XOM
Active options: TSLA NVDA AAPL PLTR AMD MARA AMZN GME AMC META SOFI MSFT NIO GOOGL DIS C PFE HOOD MU XOM
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $78.50, natural gas down 2%, gold at $2323