Pre-Market IV Report August 20, 2020

Pre-Market IV Report August 20, 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: ORCL PDD KIRK NAV FCEL WORK CRBP NVDA

Options expected to have increasing volume: NVDA PDD BABA PDD INTC NVDA ROST TJX LB

Apple (AAPL) August call option implied volatility is at 29, September is at 34; compared to its 52-week range of 18 to 90 into 4 for 1 stock split. Call put ratio 2.2 calls to 1 put after trades above the $2T market cap level.

Intel (INTC) August call option implied volatility is at 25, September is at 26; compared to its 52-week range of 20 to 99 into announcing a $10B stock buyback. Call put ratio 1.7 calls to 1 put with focus on August 50 calls.

Alibaba (BABA) August call option implied volatility is at 80, September is at 41; compared to its 52-week range of 22 to 63 into the expected release of quarter results today before the bell. Call put ratio 2.9 calls to 1 put with focus on ATM August calls.

Pinduoduo (PDD) August call option implied volatility is at 220, September is at 81; compared to its 52-week range of 38 to 85 into the expected release of quarter results before the bell on August 21. Call put ratio 2.3 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Alibaba (BABA) August 260 straddle priced for a move of 5% into the expected release of quarter results today before the bell

Estee Lauder (EL) August 210 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell

Melco Resorts (MLCO) August 19 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell

Ross Stores (ROST) August 90 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell

Deere (DE) August 192.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on August 21

Pinduoduo (PDD) August 95 straddle priced for a move of 15% into the expected release of quarter results before the bell on August 21

United States Oil Fund (USO) August option implied volatility is at 26, September is at 27; compared to its 52-week range of 22 to 248 amid WTI oil trading at $42.50.

Energy Select Sector SPDR ETF (XLE) August option implied volatility is at 30, September is at 31; compared to its 52-week range of 15 to 130 amid WTI oil trading at $42.50.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) August option implied volatility is at 39, September is at 41; compared to its 52-week range of 28 to 189 amid WTI oil trading at $42.50.

Zoom (ZM) August call option implied volatility is at 45, September is at 71; compared to its 52-week range of 36 to 137. Call put ratio 3.3 calls to 1 put with focus on August 280 calls.

Options with decreasing option implied volatility: CREE AEO FTCH JMIA RKT UAL WMT INTC KSS LOW TGT MNTA
Increasing unusual option volume: GRWG VGK IMAX MARA
Increasing unusual call option volume: GRWG IMAX GPN IEF PBI
Increasing unusual put option volume: BMRN GT OZK CRBP PPG BJ BLNK CREE PDD RIOt SLV
Popular stocks with increasing volume: TGT WMT ZM LOW HD GOLD PLUG
Active options: AAPL TGT TSLA BAC FB AMZN AAL WMT GILD LOW ORCL NIO BA AMD ZM MSFT HD SRNE GOLD PLUG
Global S&P Futures recently mixed in premarket, Nikkei down 1%, DAX down 1%, WTI Crude oil recently at $42.50, natural gas mixed, gold at $1941 an ounce