Pre-Market IV Report April 3, 2020

Pre-Market IV Report April 3, 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: NIO UCO ACB GME CHWY LK FCAU GPS SPR DDD

Options expected to have increasing volume: USO XLE XOM CVX BP COP PSX

IV into expected OPEC talks

United States Oil Fund (USO) 30-day option implied volatility is at 137; compared to its 52-week range of 22 to 172 into expected OPEC talks. Call put ratio 1.7 calls to 1 put amid WTI crude oil trading above $25.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 88; compared to its 52-week range of 16 to 130 into expected OPEC talks. Call put ratio 1 call to 1 put amid WTI crude oil trading above $25.

ExxonMobil (XOM) 30-day option implied volatility is at 78; compared to its 52-week range of 16 to 111. Call put ratio 2.3 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 77; compared to its 52-week range of 15 to 113. Call put ratio 2.2 calls to 1 put.

Occidental Petroleum (OXY) 30-day option implied volatility is at 198; compared to its 52-week range of 21 to 201. Call put ratio 1.6 calls to 1 put.

Devon Energy (DVN) 30-day option implied volatility is at 158; compared to its 52-week range of 33 to 212. Call put ratio 3.9 calls to 1 put.

Royal Dutch Petroleum (RDS.B) 30-day option implied volatility is at 70; compared to its 52-week range of 13 to 111. Call put ratio 2 calls to 1 put.

Total (TOT) 30-day option implied volatility is at 65; compared to its 52-week range of 14 to 125. Call put ratio 2.1 calls to 1 put.

BP plc (BP) 30-day option implied volatility is at 78; compared to its 52-week range of 15 to 155. Call put ratio 2.2 calls to 1 put.

ConocoPhillips (COP) 30-day option implied volatility is at 100; compared to its 52-week range of 21 to 151. Call put ratio 1 call to 1.6 puts.

Phillips 66 (PSX) 30-day option implied volatility is at 77; compared to its 52-week range of 17 to 136. Call put ratio 2.8 calls to 1 put.

Marathon Oil (MRO) 30-day option implied volatility is at 147; compared to its 52-week range of 30 to 269 . Call put ratio 5.6 calls to 1 put.

Diamond Offshore Drilling (DO) 30-day option implied volatility is at 282; compared to its 52-week range of 47 to 420. Call put ratio 5.4 calls to 1 put.

Concho Resources (CXO) 30-day option implied volatility is at 100; compared to its 52-week range of 29 to 149. Call put ratio 1 call to 1.1 puts.

Continental Resources (CLR) 30-day option implied volatility is at 172; compared to its 52-week range of 56 to 251. Call put ratio 1.5 calls to 1 put.

Murphy Oil (MUR) 30-day option implied volatility is at 148; compared to its 52-week range of 35 to 229. Call put ratio 2 calls to 1 put.

Diamondback Energy (FANG) 30-day option implied volatility is at 144; compared to its 52-week range of 30 to 210.

Marathon Petroleum (MPC) 30-day option implied volatility is at 104; compared to its 52-week range of 29 to 135.

Petrobras (PBR) 30-day option implied volatility is at 103; compared to its 52-week range of 26 to 224.

iShares MSCI Brazil (EWZ) 30-day call option implied volatility is at 79; compared to its 52-week range of 22.
to 148 into expected OPEC talks. Call put ratio 1.2 calls to 1 put amid WTI crude oil trading above $25.

Ishares Msci Mexico Capped Etf (EWW) 30-day call option implied volatility is at 63; compared to its 52-week range of 15 to 105 into expected OPEC talks. Call put ratio 1 call to 1.1 puts amid WTI crude oil trading above $25.

IV into President Trump statement on order under the Defense Production Act to make ventilators

General Electric (GE) 30-day option implied volatility is at 96; compared to its 52-week range of 26 to 142 into President Trump statement on order under the Defense Production Act to make ventilators

Hill-Rom (HRC) 30-day option implied volatility is at 52; compared to its 52-week range of 18 to 94 into President Trump statement on order under the Defense Production Act to make ventilators. Call put ratio 4.5 calls to 1 put.

Medtronic (MDT) 30-day option implied volatility is at 51; compared to its 52-week range of 15 to 88 into President Trump statement on order under the Defense Production Act to make ventilators. Call put ratio 4.8 calls to 1 put.

ResMed (RMD) 30-day option implied volatility is at 65; compared to its 52-week range of 19 to 88 into President Trump statement on order under the Defense Production Act to make ventilators. Call put ratio 14 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 105; compared to its 52-week range of 34 to 154 into reporting Q1 production, deliveries.

Options with decreasing option implied volatility: KRE MFA AMRN NUGT JNUG NAT XRT UCO LK CHWY
Increasing unusual option volume: HYD OIL SABR TIP BKR ATHX UCO
Increasing unusual call option volume: TIP OIL BKR UCO CCL SAN ATHX
Increasing unusual put option volume: HYD SABR PLAY GDS CNQ
Popular stocks with increasing unusual: OXY F DIS GE AAL CCL LK
Active options: AAPL BA LK BAC MSFT AMD CCL XOM ZM GE AAL OXY UBER GILD NVDA F FB AMZN DIS
Equity and Commodity Markets Movements
Global S&P Futures are recently 1.3% lower in premarket, Nikkei mixed, DAX mixed, WTI Crude oil is recently at $25.41, natural gas up 1%, gold at $1633 an ounce