Pre-Market IV Report August 28, 2020

Pre-Market IV Report August 28, 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: VIXY NIO SHLL QDEL SFIX FLR ABT AAPL QRTEA AVDL FIZZ TSLA ABT CRBP WLL AMRN VIXX UVXY BABA WLL SHLL GSX

Options expected to have increasing volume: WDAY DELL VMW ULTA GPS BA

Apple (AAPL) August weekly call option implied volatility is at 41, September weekly is at 51, September is at 51; compared to its 52-week range of 18 to 90 into 4 for 1 stock split. Call put ratio 2.3 calls to 1 put.

Tesla (TSLA) August weekly call option implied volatility is at 78, September weekly is at 85, September is at 84; compared to its 52-week range of 34 to 154 into 5 for 1
stock split. Call put ratio 2.1 calls to 1 put. Tesla will host a Battery Day event after its annual meeting on September 22.

Microsoft (MSFT) September weekly call option implied volatility is at 46, September is at 41; compared to its 52-week range of 15 to 90 as shares near record high.

Walmart (WMT) September weekly call option implied volatility is at 37, September is at 29; compared to its 52-week range of 13 to 68 as shares near record high. Call put ratio 8.9 calls to 1 put with focus on August weekly and November calls.

Disney (DIS) September weekly call option implied volatility is at 27, September is at 29; compared to its 52-week range of 18 to 101.

Peloton (PTON) September weekly call option implied volatility is at 65, September is at 98; compared to its 52-week range of 58 to 158 into the expected release of quarter results on September 9. Call put ratio 3.2 calls to 1 put with focus on October 35 calls.

Shopify (SHOP) 30-day option implied volatility at 55; compared to its 52-week range of 40 to 124 as shares near 52-week high as shares at upper end of price range. Call put ratio 2.5 calls to 1 put.

Straddle prices into quarter results and outlook

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

Rackspace Technology (RXT) September 17.50 straddle priced for a move of 17% into the expected release of quarter results on August 31

Zoom Video (ZM) September weekly 295 straddle priced for a move of 13% into the expected release of quarter results on August 31

At Home Group (HOME) September 17.50 straddle priced for a move of 22% into the expected release of quarter results after the bell on September 1

Block H&R (HRB) September 15 straddle priced for a move of 13% into the expected release of quarter results after the bell on September 1

Ambarella (AMBA) September weekly 49 straddle priced for a move of 16% into the expected release of quarter results after the bell on September 2

Cloudera (CLDR) September weekly 12.50 straddle priced for a move of 18% into the expected release of quarter results after the bell on September 2

CrowdStrike (CRWD) September weekly 117 straddle priced for a move of 9% into the expected release of quarter results after the bell on September 2

Macys (M) September weekly 6.5 straddle priced for a move of 17% into the expected release of quarter results before the bell on September 2

Navistar (NAV) September weekly 32 straddle priced for a move of 18% into the expected release of quarter results before the bell on September 2

Rocket Cos (RKT) September 27 straddle priced for a move of 21% into the expected release of quarter results on September 2

Zuora (ZUO) September 13 straddle priced for a move of 16% into the expected release of quarter results after the bell on September 2

Broadcom (AVGO) September weekly 340 straddle priced for a move of 6% into the expected release of quarter results after the bell on September 3.

Campbell Soup (CPB) September weekly 53.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on September 3

DocuSign (DOCU) September weekly 215 straddle priced for a move of 12% into the expected release of quarter results after the bell on September 3

National Beverage (FIZZ) September straddle priced for a move of 18% into the expected release of quarter results on September 3

Signet Jewelers (SIG) September weekly 17 straddle priced for a move of 20% into the expected release of quarter results on September 3

Increasing unusual option volume: FLDM GRWG IMAX LI QRTEA CYRX BLDR KNX FLR
Increasing unusual call option volume: IMAX FLDM LI QRTEA IEF GRWG QDEL
Increasing unusual put option volume: LI FLR WDAY AEP RWT QDEL IWF VMW
Popular stocks with increasing volume: ABT AAL GPS BYND CRM DIS WMT
Active options: MSFT TSLA AAPL WMT NIO AAL FB BAC BA AMD JPM T ORCL BABA GPS NFLX ABT BYND CRM DIS
Global S&P Futures recently mixed in premarket, Nikkei down 1.4%, DAX mixed to lower, WTI Crude oil recently at $42.83, natural gas mixed, gold at $1957 an ounce