Pre-Market IV Report June 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: ANVS ARDX BITI UWMC HIMS HPE COHR MNST CCL FDX NKE SDOW OZK GIS VOD EMB FAST TMUS GME AFMD ALXO ACB BOIL INDI QURE ARDX
Stocks expected to have increasing option volume: CRWD HPE BBWI LULU GME AMC SNOW HUBS ILMN GTLB
Oil option IV as WTI below $74
Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 19; compared to its 52-week range of 16 to 27.
United States Oil Fund (USO) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 42.
Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 29; compared to its 52-week range of 17 to 67.
Ishares Msci India Etf (INDA) 30-day option implied volatility is at 19; compared to its 52-week range of 9 to 49.
Straddle prices into quarter results
CrowdStrike (CRWD) June weekly 310 straddle priced for a move of 14% into the expected release of quarter results today after the bell.
Hewlett Packard Enterprise (HPE) June weekly 18 straddle priced for a move of 13% into the expected release of quarter results today after the bell.
Lululemon (LULU) June weekly 307 straddle priced for a move of 11% into the expected release of quarter results after the bell on June 5.
Dollar Tree (DLTR) June weekly 121 straddle priced for a move of 10% into the expected release of quarter results before the bell on June 5.
Campbell Soup (CPB) June weekly 44 straddle priced for a move of 4% into the expected release of quarter results before the bell on June 5.
Ollie’s Bargain Outlet (OLLI) June 85 straddle priced for a move of 11% into the expected release of quarter results before the bell on June 5.
Five Below (FIVE) June 140 straddle priced for a move of 12% into the expected release of quarter results after the bell on June 5.
SunPower (SPWR) June weekly 3.5 straddle priced for a move of 14% into the expected release of quarter results on June 5.
United Natural Foods (UNFI) June 12.50 straddle priced for a move of 14% into the expected release of quarter results before the bell on June 5.
ChargePoint (CHPT) June weekly 1.5 straddle priced for a move of 20% into the expected release of quarter results after the bell on June 5.
Children’s Palace (PLCE) June weekly 13 straddle priced for a move of 14.5% into the expected release of quarter results on June 5.
The Lovesac (LOVE) June 30 straddle priced for a move of 14% into the expected release of quarter results on June 5.
DocuSign (DOCU) June weekly 53 straddle priced for a move of 11% into the expected release of quarter results after the bell on June 6.
NIO (NIO) June weekly 5.5 straddle priced for a move of 12% into the expected release of quarter results before the bell on June 6.
Movers
Autodesk (ADSK) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 41 as share price up.
MongoDB (MDB) 30-day option implied volatility is at 44; compared to its 52-week range of 37 to 80 amid spreaders active in June and August puts.
NexGen Energy Ltd. (NXE) 30-day option implied volatility is at 56; compared to its 52-week range of 38 to 109 amid active November 10 calls.
Science Applications Int’l (SAIC) 30-day option implied volatility is at 22; compared to its 52-week range of 15 to 76 as share price down.
GitLab Inc (GTLB) 30-day option implied volatility is at 82; compared to its 52-week range of 41 to 107. Spreaders active in June weekly (7) calls and puts.
CAVA Group (CAVA) 30-day option implied volatility is at 53; compared to its 52-week range of 47 to 92 as share price down.
TechnipFMC (FTI) 30-day option implied volatility is at 33; compared to its 52-week range of 27 to 88 amid active June 23 puts.
Guidewire Software (GWRE) 30-day option implied volatility is at 43; compared to its 52-week range of 23 to 77 amid active June 105 puts.
AvePoint, Inc (AVPT) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 84 amid active September 10 calls.
Options with decreasing option implied volatility: FL CHWY ASAN AAP S ANF AI OKTA PATH GPS JWN NTNX MDB ZS PSTG AE Options with decreasing option implied volatility O DKS
Increasing unusual option volume: MNST FFIE EWW INDI BBWI FTI MAXN SMMT ASTS LU BKLN
Increasing unusual call option volume: FFIE BBWI MNST INDI EWW SU ASTS LU SMMT PZZA INDA
Increasing unusual put option volume: MNST EWW AVTR ITB GTLB SMG HPE LU BKLN BBWI GME INDA TD NVS
Popular stocks with increasing volume: GME AMC DELL PLTR HOOD ARM CRM NIO PARA AAL CVS
Active options: TSLA NVDA AAPL GME AMD AMC AMZN META DELL PLTR MARA HOOD ARM MSFT FFIE CRM NIO PARA AAL CVS
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $73, natural gas down 1%, gold at $2347
