Pre-Market IV Report August 14, 2019

Pre-Market IV Report August 14, 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 over looked information.

Options with increasing option implied volatility: TLRY WMT BABA DE NVDA PCG LULU KR MDCO BBAR M SWN CLDR SIG SLV AUY TBT

Options expected to have increasing volume: TLRY REAL MYGN WMT BABA NVDA CSIQ DE AMAT TPR LK M CSCO CGC T

Advanced Micro Devices (AMD) August call option implied volatility is at 58, September is at 47; compared to its 52-week range of 41 to 97 into upcoming Rome server chip.

Disney (DIS) September call option implied volatility is at 20, November is at 22; compared to its 52-week range 15 to 35 into Disney+ streaming service launch and Frozen 2 and a new Star Wars installment.

Tapestry (TPR) August call option implied volatility is at 122, September is at 43; compared to its 52-week range of 19 to 59 into the expected release of quarterly results before the bell on August 15 and Hong Kong protests. Call put ratio 1 call to 5.4 puts.

Mining stock option implied volatility flat on wide price movement

BHP (BHP) August call option implied volatility is at 27, September is at 25; compared to its 52-week range of 20 to 53.

Vale (VALE) August call option implied volatility is at 29, September is at 28; compared to its 52-week range of 31 to 57.

Rio Tinto plc (RIO) August call option implied volatility is at 35, September is at 36; compared to its 52-week range of 22 to 40.

Freeport-McMoran (FCX) August call option implied volatility is at 48, September is at 43; compared to its 52-week range of 34 to 67.

Newmont Mining (NEM) August call option implied volatility is at 33, September is at 29; compared to its 52-week range of 20 to 38. Call put ratio 1 call to 8 puts with focus on December 38 puts.

Market Vectors Gold Miners ETF (GDX) August call option implied volatility is at 37, September is at 32; compared to its 52-week range of 21 to 36. Call put ratio 1.7 calls to 1 put.

IQiyi (IQ) August call option implied volatility is at 49, September is at 59; compared to its 52-week range of 46 to 79 into the expected release of quarterly results on August 19. IQ has similar entertainment platform like Netflix in China.

Netflix (NFLX) August call option implied volatility is at 37, September is at 34; compared to its 52-week range of 28 to 76.

Pinduoduo (PDD) August put option implied volatility is at 47, September is at 52; compared to its 52-week range of 31 to 92. Chinese company offering retail consumers a group buying platforms.

Twitter (TWTR) August put option implied volatility is at 36, September is at 37; compared to its 52-week range of 31 to 92.

Sirius XM Holdings (SIRI) August call option implied volatility is at 25, September is at 26; compared to its 52-week range of 17 to 56 amid recent deal chatter.

Straddle prices for stocks expected to report quarterly results this week
Luckin Coffee (LK) August 24.50 straddle priced for a move of 16% into the expected release of quarterly results today
NetApp (NTAP) August 47 straddle priced for a move of 6.5% into the expected release of quarterly results today after the bell
Canadian Solar (CSIQ) August 22 straddle priced for a move of 11% into the expected release of quarterly results before the bell on August 15
J.C. Penney Company, Holding Company (JCP) August 0.50 straddle priced for a move of 30% into the expected release of quarterly results before the bell on August 15
NVIDIA (NVDA) August 156 straddle priced for a move of 7% into the expected release of quarterly results after the bell on August 15
Tapestry (TPR) August 26.50 straddle priced for a move of 10.5% into the expected release of quarterly results before the bell on August 15
Walmart (WMT) August 107 straddle priced for a move of 4% into the expected release of quarterly results before the bell on August 15
Alibaba (BABA) August 162.50 straddle priced for a move of 5.5% into the expected release of quarterly results before the bell on August 165
Applied Materials (AMAT) August 48 straddle priced for a move of 5% into the expected release of quarterly results on August 15
Deere (DE) August 147 straddle priced for a move of 5.5% into the expected release of quarterly results before the bell on August 16

Options with decreasing option implied volatility: WW YPF GGAL SYMC DXC STMP MAXR COMM YLEP TEVA DDD
Increasing unusual option volume: LPLA WEC WELL ECA AMGN PEGI AIMT TEO
Increasing unusual call option volume: LPLA AMGN WELL APH WUBA KLAC MBI EAT
Increasing unusual put option volume: CONN PEGI ECA BE TEO NEM CDK EWH
Popular stocks with increasing unusual volume: AAL T NEM
Active options: AAPL AMD MSFT JD GE BAC BABA MU AMGN ROKU TSLA FB AMZN NFLX AAL NVDA NIO T UBER NEM