Pre-Market IV Report April 7, 2020

Pre-Market IV Report April 7, 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: GPS FCAU APA ACB GSX NIO GME PTON SDC GILD XRT

Options expected to have increasing volume: GDX AMD NVDA KHC

FANG option implied volatility decreases as stocks rally

Facebook (FB) 30-day option implied volatility is at 45, compared to 56 from Friday; compared to its 52-week range of 21 to 82.

Amazon.com (AMZN) 30-day option implied volatility is at 36, compared to 42 from Friday; compared to its 52-week range of 17 to 69.

Netflix (NFLX) 30-day option implied volatility is at 54, compared to 61 from Friday; compared to its 52-week range of 27 to 98.

Alphabet (GOOGL) 30-day option implied volatility is at 41, compared to 49 from Friday; compared to its 52-week range of 14 to 76.

Option implied volatility pulls back as stocks rally. Fed Chair Jerome Powell will give an update on the economy Thursday at 10 a.m. in a webcast

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 38; compared to its 52-week range of 10 to 77 into Fed Chair Jerome Powell will give an update on the economy Thursday at 10 a.m. in a webcast.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 40; compared to its 52-week range of 12 to 79.

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 41; compared to its 52-week range of 15 to 109.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 21; compared to its 52-week range of 8 to 48.

iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 51; compared to its 52-week range of 12 to 80.

iShares Russell 2000 (RUT) 30-day option implied volatility is at 50; compared to its 52-week range of 12 to 82.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 61; compared to its 52-week range of 21 to 146 after gold rallied 4%. Call put ratio 1.7 calls to 1 put.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 32; compared to its 52-week range of 8 to 44. Call put ratio 2.2 calls to 1 put.

Delta (DAL) 30-day option implied volatility is at 148; compared to its 52-week range of 20 to 265 into expected release of results on April 8.

Straddle prices for stocks expected to report quarterly results this week

Levi Strauss (LEVI) April 11 straddle priced for a move of 17% into the expected release of quarter results after the bell on April 7.

Delta Air Lines (DAL) April weekly 22 straddle priced for a move of 15% before the bell on April 8.

Options with decreasing option implied volatility: BRK.A WMT NUGT AMRN JNUG CAKE SDOW NAV
Increasing unusual option volume: NVT RTX MX IMMU UCO
Increasing unusual call option volume: NVT RTX MX GFI H PMT
Increasing unusual put option volume: IMMU NOV UCO HTHT CVE
Popular stocks with increasing unusual: CCL AAL DAL ZM UBER
Active options: AAPL LK AMD MSFT BAC CCL BA TSLA AAL DAL FB T DIS AMZN F MU NVDA ZM UBER BABA
Global S&P Futures are recently up 1.9% in premarket, Nikkei up 2%, DAX up 4.3%, WTI Crude oil is recently at $26.99, natural gas up 3%, gold at $1695 an ounce