Pre-Market IV Report August 20, 2019

Pre-Market IV Report August 20, 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: PDD LOW PANW LOW PDD SE GPS LB JWN MDCO PCG MDCO CONE GE AGN XLI TACO TBT URBN

Options expected to have increasing volume: PDD CREE ADI LB LOW JWN TGT BIDU GPS TOL URBN PANW

Market Vectors Gold Miners ETF (GDX) August weekly call option implied volatility is at 37, September is at 32; compared to its 52-week range of 21 to 36. Call put ratio 2.1 calls to 1 put with focus on August weekly 28.50 calls into EU data and Federal Reserve governor speeches at Jackson Hole.

Beyond Meat (BYND) August weekly call option implied volatility is at 66, September is at 54; compared to its 7-week range of 72 to 141 as shares rally $9 to $153.43 after a JPMorgan
upgrade. Call put ratio 1.8 calls to 1 put with focus on August weekly 155 and 157.50 calls.

Straddle prices for stocks expected to report quarterly results this week

L Brands (LB) August weekly 20 straddle priced for a move of 10% into the expected release of quarterly results today after the bell

Lowes (LOW) August weekly 98 straddle priced for a move of 7% into the expected release of quarterly results today before the bell

Nordstrom (JWN) August weekly 26 straddle priced for a move of 12.5% into the expected release of quarterly results today after the bell

Pinduoduo (PDD) September 26 straddle priced for a move of 13.5% into the expected release of quarterly results today

Splunk (SPLK) August weekly 126 straddle priced for a move of 7.5% into the expected release of quarterly results today after the bell

Target (TGT) August weekly 85.50 straddle priced for a move of 7% into the expected release of quarterly results today before the bell

Dicks Sporting Goods (DKS) August weekly 32.50 straddle priced for a move of 9.5% into the expected release of quarterly results before the bell on August 22

Gap (GPS) August weekly 16.50 straddle priced for a move of 12.50% into the expected release of quarterly results on August 22

Hormel Foods (HRL) August weekly 41 straddle priced for a move of 5% into the expected release of quarterly results before the bell on August 22

HP (HPQ) August weekly 19 straddle priced for a move of 5% into the expected release of quarterly results after the bell on August 22

Intuit (INTU) August weekly 272.50 straddle priced for a move of 5.5% into the expected release of quarterly results after the bell on August 22

Ross Stores (ROST) September 105 straddle priced for a move of 7.5% into the expected release of quarterly results after the bell on August 22

Salesforce (CRM) August weekly 145 straddle priced for a move of 5.5% into the expected release of quarterly results after the bell on August 22

Toro (TTC) September 70 straddle priced for a move of 8% into the expected release of quarterly results before the bell on August 22

VMWare (VMW) August weekly 144 straddle priced for a move of 6% into the expected release of quarterly results after the bell on August 22

Buckle (BKE) September 17.50 straddle priced for a move of 14% into the expected release of quarterly results before the bell on August 23

Footlocker (FL) August weekly 39 straddle priced for a move of 12% into the expected release of quarterly results before the bell on August 23

Williams-Sonoma (WSM) September 65 straddle priced for a move of 10.50% into the expected release of quarterly results before the bell on August 23

Avaya Holdings (AVYA) August weekly call option implied volatility is at 63, September is at 54; compared to its 52-week range of 33 to 116 after renewed reports the tech company is said to get bid from private equity. Call put ratio 1.4 calls to 1 put.

Del Taco Restaurants (TACO) September call option implied volatility is at 58, October is at 54; compared to its 52-week range of 28 to 67. Call put ratio 9.4 calls to 1 put with focus on September and October 12.50 calls.

Crown Castle (CCI) September call option implied volatility is at 22, October is at 21; compared to its 52-week range of 14 to 30. Call put ratio 10 calls to 1 put with focus on October 145 and 150 calls active.

Xilinx (XLNX) August weekly call option implied volatility is at 33, September is at 35; compared to its 52-week range of 22 to 50. Call put ratio 1 call to 3.9 puts with focus on August weekly 105 and 106 puts on mid-day sell off.

Activision Blizzard (ATVI) August weekly call option implied volatility is at 34, September is at 33; compared to its 52-week range of 25 to 60. Call put ratio 2.4 calls to 1 put with focus on September weekly 50 calls.

Options with decreasing option implied volatility: LK GOOS VIPS GOOG TPR VRAY
Increasing unusual option volume: WDR CNHI TRP TACO CHL STOR LZB BJ ELAN
Increasing unusual call option volume: CNHI CHL ELAN TRP DECK BJ KEYS TACO LL AVYA
Increasing unusual put option volume: WDR ABC LZB PTEN AIMT BVN ENDP JBLU CREE
Popular stocks with increasing unusual volume: KSS JWN URBN EL DOW CAG HD S M IQ AVYA
Active options: AAPL GE AMD BIDU FB TGT NVDA HD BYND BAC NFLX MSFT TSLA TEVA BABA AMZN SNAP MU TWTR WMT HD S