Pre-Market IV Report August 22, 2018

Pre-Market IV Report August 22, 2018

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 overlooked information

Options with increasing option implied volatility: EWZ ITUB CRON JBL BSX AKRX GERN LOW ORCL GME TGT LOW

Options expected to be active: BABA TGT LOW ADI URBN SBUX PSTG LZB ZNGA RRGB

S&P Dep Receipts (SPY) August weekly and September call option implied volatility is at 9, September is at 10; compared to its 52-week range of 7 to 34 as shares near record high.

United States Oil Fund (USO) August weekly call option implied volatility is at 26, September is at 24, October is at 23; compared to its 52-week range of 17 to 34 as WTI trades $66.

Micron Technology (MU) August weekly call option implied volatility is at 40, September is at 44, October is at 43; compared to its 52-week range of 34 to 63.

Alibaba (BABA) August weekly call option implied volatility is at 75, September is at 35; compared to its 52-week range of 24 to 43 into the expected release of Q1 results before the open on August 23. Call put ratio 2.3 calls to 1 put.

Starbucks (SBUX) August weekly and September call option implied volatility is at 15; compared to its 52-week range of 15 to 29 into Piper Jaffray downgrade to Neutral from Overweight and lower price target to $53 from $60.

Williams-Sonoma (WSM) September call option implied volatility is at 42, October is at 35; compared to its 52-week range of 25 to 55 into the expected release of Q2 results today after the market close. Call put ratio 2.3 calls to 1 put.

Market Vectors Russia ETF Trust (RSX) August weekly call option implied volatility is at 26, September is at 24; compared to its 52-week range of 16 to 34 into U.S. to impose new Russia sanctions.

Yandex (YNDX) August weekly call option implied volatility is at 42, September is at 40; compared to its 52-week range of 30 to 88 into U.S. to impose new Russia sanctions. Call put ratio 6.4 calls to 1 put.

Straddle prices for stocks expected to report results this week
Williams-Sonoma (WSM) September 60 straddle priced for move of 9.5% into the expected release of EPS today after the close on August 22
Alibaba (BABA) August weekly 177.50 straddle priced for move of5.5% into the expected release of EPS before the open on August 23
Autodesk (ADSK) August weekly 135 straddle priced for move of 7.2% into the expected release of EPS after the close on August 23
Big Lots (BIG) September 48.50 straddle priced for move of 10% into the expected release of EPS before the open on August 23
Gap (GPS) August weekly 32 straddle priced for move of 7.2% into the expected release of EPS before the open on August 23
Hormel (HRL) August weekly 38.50 straddle priced for move of 5% into the expected release of EPS before the open on August 23
HP Inc (HPQ) August weekly 24.50 straddle priced for move of 4.9% into the expected release of EPS after the close on August 23
Intuit (INTU) September 210 straddle priced for move of 6% into the expected release of EPS after the close on August 23
Ross Stores (ROST) September 92.50 straddle priced for move of 7% into the expected release of EPS after the close on August 23
VMware (VMW) August weekly 150 straddle priced for move of 6% into the expected release of EPS after the close on August 23
Gamestop (GME) August weekly 16.50 straddle priced for move of 6.2% into the expected release of EPS on August 24

Increasing unusual option volume: DF TRGP GTT IQV TD TOL FN REV TELL RRGB JNCE EDU
Increasing unusual call option volume: TD IQV TRGP REV TELL TOL EXTR SSYS JNCE
Increasing unusual put option volume: DF TRGP GTT ROST TOL PSTG RRGB
Popular stocks with increasing unusual option volume: MS TGT FCX QCOM EA
Options with decreasing option implied volatility: M WMT TWTR FB ZOES ZNET CREE LCI TRCO SODA DDS M NVDA
Cboe Bitcoin September futures up 260 to 6665