Pre-Market IV Report August 27, 2020

Pre-Market IV Report August 27, 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: CRBP WLL AMRN UVXY VXX SHLL BABA WLL BLNK NIO RKT SHLL RAD SFIX AAPL FB ADBE COST

Options expected to have increasing volume: BURL NTAP SPLK BILI WSM SMTC SWBI COTY SAFM FLWS ANF BOX MESO LCI DG DLTR

IV for software after Salesforce (CRM) reported better than expected results and outlook.

Salesforce (CRM) 30-day option implied volatility is at 45; compared to its 52-week range of 19 to 97 after reporting better than expected results and outlook.

ServiceNow (NOW) 30-day option implied volatility is at 40; compared to its 52-week range of 26 to 84

Coupa Software (COUP) 30-day option implied volatility is at 61; compared to its 52-week range of 37 to 123

Okta (OKTA) 30-day option implied volatility is at 58; compared to its 52-week range of 36 to 89

Straddle prices into quarter results and outlook

Dollar General (DG) August weekly 205 straddle priced for a move of 7% into the expected release of quarter results today before the bell.

Dollar Tree (DLTR) August weekly 104 straddle priced for a move of 9.5% into the expected release of quarter results today before the bell.

Burlington Stores (BURL) August weekly 195 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

Coty (COTY) August weekly 4 straddle priced for a move of 15% into the expected release of quarter results today.

Dell Technologies (DELL) September 62.50 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Gap (GPS) August weekly 17 straddle priced for a move of 13% into the expected release of quarter results today.

Abercrombie (ANF) August weekly 11 straddle priced for a move of 12% into the expected release of quarter results today after the bell.

HP Inc (HPQ) August weekly 18.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Marvell Technology (MRVL) August weekly 36.5 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Ulta Beauty (ULTA) August weekly 220 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

VMware (VMW) August weekly 143 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Workday (WDAY) August weekly 112.5 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Big Lots (BIG) September 55 straddle priced for a move of 17% into the expected release of quarter results before the bell on August 28.

Option implied volatility into annual gathering of central bankers in Jackson Hole, Wyoming

State Street (STT) 30-day option implied volatility is at 34; compared to its 52-week range of 22 to 112

U.S. Bancorp (USB) 30-day option implied volatility is at 35; compared to its 52-week range of 14 to 121

PNC Financial Services (PNC) 30-day option implied volatility is at 34; compared to its 52-week range of 16 to 115

Bank of New York Mellon (BK) 30-day option implied volatility is at 29; compared to its 52-week range of 17 to 118

Comerica (CMA) 30-day option implied volatility is at 48; compared to its 52-week range of 23 to 161

Zions Bancorp (ZION) 30-day option implied volatility is at 43; compared to its 52-week range of 20 to 100

Fifth Third Bancorp (FITB) 30-day option implied volatility is at 41; compared to its 52-week range of 20 to 151

Huntington Bancshares (HBAN) 30-day option implied volatility is at 44; compared to its 52-week range of 19 to 148

United States Oil Fund (USO) August weekly option implied volatility is at 27, September is at 26; compared to its 52-week range of 22 to 248 as Hurricane Laura makes land.

United States Natural Gas (UNG) August weekly call option implied volatility is at 55, September is at 53; compared to its 52-week range of 35 to 87 as Hurricane Laura makes land.

Teucrium Corn Fund (CORN) 30-day call option implied volatility is at 27; compared to its 52-week range of 14 to 44 as corn futures trade up. Call put ratio 37 calls to 1 put with focus on January 13 calls.

Options with decreasing option implied volatility: CSCO PINS UPS INTC CRM URBN ANTM BJ
Increasing unusual option volume: PTEN FLDM LI CYRX GRWG URBN DKS GOGO
Increasing unusual call option volume: PTEN LI FLDM URBN GRWG DKS TOL MRNS CRM
Increasing unusual put option volume: AR XLC LI ESTC JWN LRN JMIA
Popular stocks with increasing volume: DKS DIS MRNA AAL WKHS CRM ROKU
Active options: NIO FB AAPL CRM MSFT TSLA NFLX BABA AMD AMZN ROKU INTC TWTR BAC BA DIS MRNA JPM AAL WKHS
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $43.35, natural gas mixed, gold at $1953 an ounce