Pre-Market IV Report April 23, 2019

Pre-Market IV Report April 23, 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: TSLA SBUX LUV INTC BIIB COTY KHC CMG SBUX ANTM CNC CI EA FL BOX ZNGA ADSK M BBY JWM KSS CPB ALK MSFT T

Options expected to have increasing volume: PG TXN EBAY FB MSFT TSLA BA MSFT BIIB CAT AMZN CMCSA LYFT WHR CNC

Tesla (TSLA) option implied volatility elevated into EPS, NIO Inc. (NIO) flat into TSLA EPS

Tesla (TSLA) April weekly call option implied volatility is at 105, May is at 76; compared to its 52-week range of 38 to 86 into the expected release of EPS after the bell on April 24. Call put ratio 1 call to 1.4 puts.

NIO Inc. (NIO) April weekly call option implied volatility is at 88, May is at 85; compared to its 52-week range of 60 to 157. Call put ratio 2 calls to 1 put.

Lyft (LYFT) April weekly call option implied volatility is at 63, May is at 74; compared to its three-week range of 49 to 72. Call put ratio 1.5 calls to 1 into positive analyst comments and price targets.

Straddle prices for stocks expected to report results next week

Snap (SNAP) April weekly 11.50 straddle priced for move of 11% into the expected release of release of EPS after the bell on April 23
eBay (EBAY) April weekly 36 straddle priced for move of 5.5% into the expected release of release of EPS after the bell on April 23
Air Products (APD) April weekly 195 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 24
Allegiant Travel (ALGT) April weekly 130 straddle priced for move of 9% into the expected release of release of EPS after the bell on April 24
AT&T (T) April weekly 32 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 24
Barrick Gold (GOLD) April weekly 13 straddle priced for move of 3.5% into the expected release of release of EPS after the bell on April 24
Biogen (BIIB) April weekly 230 straddle priced for move of 6% into the expected release of release of EPS before the bell on April 24
Boeing (BA) April weekly 380 straddle priced for move of 4.5% into the expected release of release of EPS before the bell on April 24
Caterpillar (CAT) April weekly 142 straddle priced for move of 4.5% into the expected release of release of EPS before the bell on April 24
Chipotle (CMG) April weekly 700 straddle priced for move of 7.5% into the expected release of release of EPS after the bell on April 24
Domino’s Pizza (DPZ) April weekly 270 straddle priced for move of 8% into the expected release of release of EPS before the bell on April 24
Dunkin Brands (DNKN) April weekly 75 straddle priced for move of 6% into the expected release of release of EPS before the bell on April 24
Facebook (FB) April weekly 180 straddle priced for move of 6.5% into the expected release of release of EPS after the bell on April 24
Fair Isaac (FICO) May 280 straddle priced for move of 6% into the expected release of release of EPS after the bell on April 24
First Solar (FSLR) April weekly 60 straddle priced for move of 3.5% into the expected release of release of EPS after the bell on April 24
Knight-Swift Transportation (KNX) May 35 straddle priced for move of 10% into the expected release of release of EPS before the bell on April 24
Microsoft (MSFT) April weekly 124 straddle priced for move of 3.5% into the expected release of release of EPS after the bell on April 24
Morningstar (MORN) May 135 straddle priced for move of 4% into the expected release of release of EPS after the bell on April 24
Nasdaq (NDAQ) May 90 straddle priced for move of 5% into the expected release of release of EPS before the bell on April 24
Norfolk Southern (NSC) April weekly 202.50 straddle priced for move of 3.5% into the expected release of release of EPS before the bell on April 24
Northrup Grumman (NOC) April weekly 282 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 24
Spirit Airlines (SAVE) April weekly 55 straddle priced for move of 9.5% into the expected release of release of EPS after the bell on April 24
Tesla (TSLA) April weekly 262.50 straddle priced for move of 9% into the expected release of release of EPS after the bell on April 24
Tupperware (TUP) May 25 straddle priced for move of 14% into the expected release of release of EPS after the bell on April 24
Xilinx (XLNX) April weekly 135 straddle priced for move of 7% into the expected release of release of EPS after the bell on April 24
Amazon (AMZN) April weekly 1887 straddle priced for move of 4% into the expected release of release of EPS after the bell on April 25
Baxter (BAX) April weekly 75 straddle priced for move of 4% into the expected release of release of EPS before the bell on April 25
Southwest Airlines (LUV) April weekly 51 straddle priced for move of 6% into the expected release of release of EPS before the bell on April 25
Starbucks (SBUX) April weekly 75.50 straddle priced for move of 4% into the expected release of release of EPS after the bell on April 25

Increasing unusual option volume: RACE DRI HRTX GGAL IMMR MDC CG MDSO BOX SIRI FAST BX WHR DDS KSU DDS AEO
Increasing unusual call option volume: RACE GGAL DDS PFF CG FAST YPF FCAU DBX INTU
Increasing unusual put option volume: DRI KSU EGO CARA AEO S MXWL ITCI HOG
Popular stocks with increasing unusual: CGC DIS TEVA
Options with decreasing option implied volatility: DIS WBA QCOM APC SKX IBM DIS GS UNH CSX BAC