Pre-Market IV Report April 17, 2019

Pre-Market IV Report April 17, 2019

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 overlooked information.

Options with increasing option implied volatility: ARQL CYBR LL LYFT HCA CI HUM CI CSCO ANTM QCOM CNC ADNT COTY CMG TWTR S IBM

Active options: BAC NFLX QCOM COTY TSLA PG FB AMD DIS PBR AMZN UNH INTC BA NIO BABA NVDA MSFT MU

Apple (AAPL) option implied volatility after announcing agreement to end all ongoing litigation with Qualcomm (QCOM)

Apple (AAPL) April call option implied volatility is at 23, May is at 28; compared to its 52-week range of 16 to 46 after announcing an agreement to end all ongoing litigation with Qualcomm (QCOM). Call put ratio 1.8 calls to 1 put.

Qualcomm (QCOM) April call option implied volatility is at 77, May is at 40; compared to its 52-week range of 19 to 53 after announcing an agreement to end all ongoing litigation with Apple (AAPL). Call put ratio 3.9 calls to 1 put with focus on April 65 and 70 calls.

Intel (INTC) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 45 into announcing to exit of 5G smartphone modem business.

Option implied volatility for Apple suppliers after announces new agreements, drops all litigation with Qualcomm (QCOM)

Universal Display (OLED) 30-day option implied volatility is at 60; compared to its 52-week range of 36 to 80
Skyworks (SWKS) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 54
Lumentum (LITE) 30-day option implied volatility is at 50; compared to its 52-week range of 38 to 69
Qorvo (QRVO) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 56
Advanced Micro Devices (AMD) 30-day option implied volatility is at 64; compared to its 52-week range of 37 to 96
Broadcom (AVGO) 30-day option implied volatility is at 21; compared to its 52-week range of 22 to 48
Qualcomm (QCOM) 30-day option implied volatility is at 43 compared to its 52-week range of 19 to 53
Cirrus Logic (CRUS) 30-day option implied volatility is at 46; compared to its 52-week range of 29 to 71
STMicroelectronics NV (STM) 30-day option implied volatility is at 47; compared to its 52-week range of 30 to 58
Marvell Technology (MRVL) 30-day option implied volatility is at 36; compared to its 52-week range of 29 to 58
Micron (MU) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 65
Intel (INTC) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 45

Sprint (S) April call option implied volatility is at 33, May is at 79; compared to its 52-week range of 24 to 96 into WSJ report suggesting their merger is unlikely to be approved by DoJ as currently structured.

T-Mobile (TMUS) April call option implied volatility is at 17, May is at 26; compared to its 52-week range of 18 to 37 into WSJ report suggesting their merger is unlikely to be approved by DoJ as currently structured.
Health Insurers option implied volatility after UnitedHealth (UNH) EPS and outlook

Humana (HUM) April call option implied volatility is at 51, May is at 31; compared to its 52-week range of 15 to 35.

Cigna Corp. (CI) April call option implied volatility is at 53, May is at 37; compared to its 52-week range of 18 to 41.

Anthem (ANTM) April call option implied volatility is at 61, May is at 40; compared to its 52-week range 15 to 39.

Centene (CNC) April call option implied volatility is at 45, May is at 43; compared to its 52-week range of 18 to 46 as shares sell off 4%. Call put ratio 2.2 calls to 1 put.

Molina Healthcare (MOH) April call option implied volatility is at 67, May is at 55; compared to its 52-week range of 25 to 65 call put ratio 1 call to 3.6 puts.

HealthEquity (HQY) April call option implied volatility is at 40, May is at 38; compared to its 52-week range of 29 to 64 as shares sell off 3.7%.

Straddle prices for stocks expected to report results this week

Kinder Morgan (KMI) April 20 straddle priced for move of 2% into the expected release of release of EPS today after the bell on April 17
Las Vegas Sands (LVS) April 68 straddle priced for move of 4% into the expected release of release of EPS today after the bell
Ally Financial (ALLY) April 30 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 18
BB&T (BBT) April 49 straddle priced for move of 3% into the expected release of release of EPS before the bell on April 18
Danaher (DHR) April 130 straddle priced for move of 3.5% into the expected release of release of EPS before the bell on April 18
Honeywell (HON) April 162.50 straddle priced for move of 2.5% into the expected release of release of EPS before the bell on April 18
KeyCorp (KEY) April 16.50 straddle priced for move of 3% into the expected release of release of EPS before the bell on April 18
Intuitive Surgical (ISRG) April 562.50 straddle priced for move of 3.5% into the expected release of release of EPS after the bell on April 18
Phillip Morris (PM) April 86 straddle priced for move of 4.5% into the expected release of release of EPS before the bell on April 18
Schlumberger (SLB) April 47.50 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 18
Skechers (SKX) April 35 straddle priced for move of 13% into the expected release of release of EPS before the bell on April 18
SunTrust (STI) April straddle 62.50 priced for move of 3.5% into the expected release of release of EPS before the bell on April 18
Blackstone (BX) April 35 straddle priced for move of 2.5% into the expected release of release of EPS before the bell on April 18
Tile Shop (TTS) April 5 straddle priced for move of 15% into the expected release of release of EPS before the bell on April 18
Union Pacific (UNP) April 167.50 straddle priced for move of 3% into the expected release of release of EPS before the bell on April 18
Travelers (TRV) April 135 straddle priced for move of 2.5% into the expected release of release of EPS before the bell on April 18

Increasing unusual option volume: TWI DIOD CAL ES VFF MFC CRI DNKN MXIM
Increasing unusual call option volume: DNKN MXIM CRUS ENPH MITK SOXX UNH HFC PG OMC
Increasing unusual put option volume: DIOD UXIN VFF VST SNV BSX ITB NE
Popular stocks with increasing unusual: PBR NIO DIS UNG COTY QCOM
Options with decreasing option implied volatility: BBBY BPT DB LEVI FAST APC CAG BCS DAL GS CELG BBBY WBA BIIB APC