Pre-Market IV Report April 1, 2020

Pre-Market IV Report April 1, 2020

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: FCAU GPS W SU TOL ICE NIO ACB UNG LK NAT SDC APA USO QCOM

Options expected to have increasing volume: T JPM WFC C BAC M MTCH XRX HPQ HPE

Hospital-Healthcare-Managed Care Organization stock option implied volatility amid COVID-19 and reports of Phase 4 Government stimulus bill

Community Health (CYH) 30-day option implied volatility is at 136; compared to its 52-week range of 61 to 167 amid coronavirus.

HCA Healthcare (HCA) 30-day option implied volatility is at 69; compared to its 52-week range of 18 to 167 amid coronavirus volumes.

Tenet (THC) 30-day option implied volatility is at 123; compared to its 52-week range of 35 to 165 amid coronavirus volumes. Call put ratio 1 call to 3.8 puts.

Universal Health (UHS) 30-day option implied volatility is at 80; compared to its 52-week range of 18 to 130 amid coronavirus volumes.

Anthem (ANTM) 30-day option implied volatility is at 65; compared to its 52-week range of 21 to 97.

Centene (CNC) 30-day option implied volatility is at 66; compared to its 52-week range of 28 to 122.

Humana (HUM) 30-day option implied volatility is at 63; compared to its 52-week range of 20 to 100.

Molina Healthcare (MOH) 30-day option implied volatility is at 63; compared to its 52-week range of 31 to 95.

UnitedHealth (UNH) 30-day option implied volatility is at 61; compared to its 52-week range 19 to 94.

CVS Health (CVS) 30-day option implied volatility is at 56; compared to its 52-week range of 19 to 89.

Walgreens Boots Alliance (WBA) 30-day option implied volatility is at 50; compared to its 52-week range of 19 to 88. Call put ratio 6.1 calls to 1 put.

Stocks with price strength in quarter amid the coronavirus shelter-in-place

Microsoft (MSFT) 30-day option implied volatility is at 52; compared to its 52-week range of 15 to 90.

Gilead (GILD) 30-day option implied volatility is at 68; compared to its 52-week range of 19 to 108 amid patient and prescribing trends during COVID-19. Call put ratio 5 calls to 1 put.

Regeneron’s (REGN) 30-day option implied volatility is at 49; compared to its 52-week range of 25 to 79 amid patient and prescribing trends during COVID-19. Call put ratio 2.4 calls to 1 put.

Netflix (NFLX) 30-day option implied volatility is at 58; compared to its 52-week range of 27 to 98.

Citrix (CTXS) 30-day option implied volatility is at 43; compared to its 52-week range of 15 to 76 amid near-term beneficiary of remote work business. Call put ratio 1 call to 1.8 puts.

Zoom Video (ZM) 30-day option implied volatility is at 88; compared to its 52-week range of 36 to 137 amid near-term beneficiary of remote work business.

Xerox (XRX) 30-day option implied volatility is at 75; compared to its 52-week range of 25 to 123 into dropping a hostile bid for HP Inc. (HPQ) due to pandemic, WSJ says. Call put ratio 1 call to 2.1 puts with focus on April puts.

Abbott (ABT) 30-day option implied volatility is at 53; compared to its 52-week range of 15 to 70 after recently launches Covid-19 test for use almost anywhere. Call put ratio 2.8 calls to 1 put.

iShares MSCI Brazil (EWZ) 30-day call option implied volatility is at 77; compared to its 52-week range of 22 to 148 amid the Brazilian Real lost 18% in three months.

Ishares Msci Mexico Capped Etf (EWW) 30-day call option implied volatility is at 60; compared to its 52-week range of 15 to 105 amid the Mexican Peso lost 18% in three months, the worst quarter since the December 1994 devaluation.

Options with decreasing option implied volatility: NUGT PLAY CZR AXSM LB UAL ALL SIG EFA DUST MFA NUGT JNUG
Increasing unusual option volume: VVUS THRC CNQ BLCM
Increasing unusual call option volume: BLCM OMI CIM SU LC
Increasing unusual put option volume: CNQ TRHC TCO SLCA IRDM
Popular stocks with increasing unusual: AMRN X TEVA CCL
Active options: AAPL MSFT TSLA T BAC AMD AMRN F CCL BA FB DIS GE NVDA GILD BABA X NFLX AMZN TEVA
Global S&P Futures are recently down 3% in premarket, Nikkei down 4.5%, DAX down 3.5%, WTI Crude oil is recently at $20.40, natural gas mixed, gold at $1608 an ounce