Pre-Market IV Report April 17, 2020

Pre-Market IV Report April 17, 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: M SDC XRT VIAC ACB GSX IQ NIO GME SLB BK STT TGTX AEO DB AMZN

Options expected to have increasing volume: GILD AAPL UBER LYFT IWM RUT SPY QQQ STT BK SLB MRNA

Gilead Sciences (GILD) IV into coronavirus drug suggests patients are responding to treatment – STAT

Gilead Sciences (GILD) 30-day option implied volatility is at 62; compared to its 52-week range of 19 to 108 into coronavirus drug suggests patients are responding to treatment – STAT. Call put ratio 3.6 calls to 1 put.

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 36; compared to its 52-week range of 10 to 77 into futures rally.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 37; compared to its 52-week range of 12 to 78 into futures rally.

iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 53; compared to its 52-week range of 12 to 80.

Uber (UBER) 30-day option implied volatility is at 88; compared to its 52-week range of 35 to 200 into rallying in the premarket after withdrawing guidance, GAAP revenue view cut.

Apple (AAPL) 30-day option implied volatility is at 43; compared to its 52-week range of 18 to 90 into downgraded to Sell from Neutral at Goldman Sachs. Apple is up in the premarket.

Straddle prices for stocks expected to report quarterly results next week

Haliburton (HAL) April weekly 6.5 straddle priced for a move of 19% into the expected release of quarter results before the bell on April 20.

International Business Machines (IBM) April weekly 116 straddle priced for a move of 8% into the expected release of quarter results after the bell on April 20.

Steel Dynamics (STLD) May 22 straddle priced for a move of 17% into the expected release of quarter results after the bell on April 20.

Canadian Pacific Railway (CP) May 220 straddle priced for a move of 10% into the expected release of quarter results on April 21.

Chipotle Mexican Grill (CMG) April weekly 785 straddle priced for a move of 9% into the expected release of quarter results after the bell on April 21.

Chubb (CB) May 115 straddle priced for a move of 13% into the expected release of quarter results after the bell on April 21.

Coca-Cola (KO) April weekly 47 straddle priced for a move of 7% into the expected release of quarter results before the bell on April 21.

Comerica (CMA) May 25 straddle priced for a move of 16% into the expected release of quarter results before the bell on April 21.

HCA Healthcare (HCA) April weekly 108 straddle priced for a move of 15% into the expected release of quarter results before the bell on April 21.

Interactive Brokers (IBKR) May 45 straddle priced for a move of 11% into the expected release of quarter results after the bell on April 21.

JetBlue (JBLU) May 9 straddle priced for a move of 20% into the expected release of quarter results before the bell on April 21.

Lockheed Martin (LMT) April weekly 377 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on April 21.

Netflix (NFLX) April weekly 440 straddle priced for a move of 12% into the expected release of quarter results after the bell on April 21.

Philip Morris (MO) April weekly straddle priced for a move of 8% into the expected release of quarter results before the bell on April 21.

SAP (SAP) April weekly 120 straddle priced for a move of 5% into the expected release of quarter results before the bell on April 21.

Six Flags Entertainment (SIX) May 15 straddle priced for a move of 30% into the expected release of quarter results on April 21.

SNAP (SNAP) April weekly 13 straddle priced for a move of 19% into the expected release of quarter results before the bell on April 21.

Texas Instruments (TXN) April weekly 111 straddle priced for a move of 8% into the expected release of quarter results after the bell on April 21.

Travelers (TRV) May 100 straddle priced for a move of 10% into the expected release of quarter results before the bell on April 21.

Alcoa (AA) April weekly 7 straddle priced for a move of 14% into the expected release of quarter results after the bell on April 22.

Allegiant (ALGT) May 75 straddle priced for a move of 27% into the expected release of quarter results on April 22.

AT&T (T) April weekly 30 straddle priced for a move of 7% into the expected release of quarter results before the bell on April 22.

Biogen (BIIB) April weekly 337 straddle priced for a move of 8% into the expected release of quarter results before the bell on April 22.

Delta (DAL) April weekly 23 straddle priced for a move of 14% into the expected release of quarter results before the bell on April 22.

Kimberly-Clark (KMB) April weekly 140 straddle priced for a move of 7% into the expected release of quarter results before the bell on April 22.

Lam Research (LRCX) April weekly 270 straddle priced for a move of 10% into the expected release of quarter results after the bell on April 21.

Options with decreasing option implied volatility: JNUG XRT NUGT MFA LQD AMRN
Increasing unusual option volume: XP MFC OIL AER TWNK MLNX NYT
Increasing unusual call option volume: OIL AES MLNX ABT DVAX
Increasing unusual put option volume: AER XLC EMN MLNX PLD
Popular stocks with increasing unusual: ABT DAL DIS ROKU NOK WORK
Active options: AMD AAPL TSLA MSFT AMZN ROKU BA BAC NVDA NFLX FB NOK BABA WORK JPM ABT GE DAL C DIS

Global S&P Futures are recently up 70.00 in premarket, Nikkei up 3%, DAX up 3%, WTI Crude oil is recently at $18.23, natural gas mixed, gold at $1712 an ounce