Pre-Market IV Report April 23, 2020

Pre-Market IV Report April 23, 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: LB WLL OPK USO ACB JNUG CZR LVS AMRN CZR AA INTC BX SDC PDD

Options expected to have increasing volume: DPZ HBAN BX SAM CSX XLNX LRCX LLY UNP APD HSY CTXS LVS KMI SAM AA LB

China IV flattens

iShares China Large-Cap (FXI) 30-day option implied volatility is at 31; compared to its 52-week range of 15 to 65.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 28; compared to its 52-week range of 17 to 60.

Alibaba (BABA) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 63.

Yum China (YUMC) 30-day option implied volatility is at 49; compared to its 52-week range of 22 to 79.

Straddle prices for stocks expected to report quarterly results this week

Blackstone (BX) April weekly 46 straddle priced for a move of 11% into the expected release of quarter results today before the bell.

Domino’s Pizza (DPZ) April weekly 385 straddle priced for a move of 11% into the expected release of quarter results today before the bell.

Hershey (HSY) April weekly 143 straddle priced for a move of 6% into the expected release of quarter results today before the bell.

T-Mobile (TMUS) April weekly 87 straddle priced for a move of 3% into the expected release of quarter results today.

Capital One (COF) April weekly 51.50 straddle priced for a move of 9% into the expected release of quarter results today.

World Wrestling Entertainment (WWE) May 40 straddle priced for a move of 17% into the expected release of quarter results today.

Southwest Airlines (LUV) April weekly 30 straddle priced for a move of 9% into the expected release of quarter results today.

Intel (INTC) April weekly 60 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Alaska Air (ALK) May 27.50 straddle priced for a move of 18% into the expected release of quarter results today.

Bank OZK (OZK) May 17.50 straddle priced for a move of 25% into the expected release of quarter results today after the bell.

AutoNation (AN) May 29 straddle priced for a move of 20% into the expected release of quarter results before the bell on April 24.

Ventas (VTR) May 27.50 straddle priced for a move of 18% into the expected release of quarter results before the bell on April 24.

Verizon (VZ) April weekly 58 straddle priced for a move of 4% into the expected release of quarter results before the bell on April 24.

American Express (AXP) April weekly 82.50 straddle priced for a move of 7.5% into the expected release of quarter results on April 24.

American Airlines (AAL) April weekly 10 straddle priced for a move of 9% into the expected release of quarter results before the bell on April 24.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 65; compared to its 52-week range of 21 to 158 amid futures trend up. Call put ratio 2.6 calls to 1 put.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 27; compared to its 52-week range of 8 to 44. Call put ratio 3 call to 1 put.

L Brands (LB) 30-day option implied volatility is at 156; compared to its 52-week range of 35 to 202 amid L Brands confirms Sycamore Partners seeks to terminate Victoria Secret’s deal. Call put ratio 11 calls to 1 puts.

Options with decreasing option implied volatility: RAD NLY COF KEY NUGT AMRN LQD JNUG CMG NRZ
Increasing unusual option volume: OIL AM LB TK CORN WLL MFA FLIR LB
Increasing unusual call option volume: OIL LB AM TK WLL BCS FLIR WSM
Increasing unusual put option volume: OIL PCG GNW SOXS CAR IBKR SNAP RRC USO
Popular stocks with increasing unusual volume: AMD ET AAL UAL SDC PCG
Active options: SNAP FB NFLX AAPL TSLA AMD PCG DAL MSFT BA T BAC ET AAL AMZN UAL SDC MU NVDA ACB
Global S&P Futures are recently mixed in premarket, Nikkei up 1.5%, DAX mixed, WTI Crude oil is recently $15.57, natural gas mixed, gold at $1751 an ounce