Pre-Market IV Report August 29, 2019

Pre-Market IV Report August 29, 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: GME NTNX NIO PCG FSLY BBBY ZIOP BB NKE LULU ZM SLV RRC AUY

Options expected to have increasing volume: DG DLTR ULTA DELL ADSK HPE TIF BBY ANF AEO HAIN WSM FIVE NTNX BOX

Pre-Open Headlines: China says communication with U.S. on trade still ‘effective.’

Disney (DIS) September call option implied volatility is at 21, November is at 24; compared to its 52-week range 15 to 35 into Disney+ streaming service launch and Frozen 2 and a new Star Wars installment.

Netflix (NFLX) August weekly call option implied volatility is at 34, September is at 35; compared to its 52-week range of 29 to 76 into Disney+ streaming service November launch.

Twitter (TWTR) August weekly option implied volatility is at 38, September is at 39; compared to its 52-week range of 31 to 92.

Apple (AAPL) August weekly call option implied volatility is at 32, September is at 31; compared to its 52-week range of 17 to 46 into upcoming events.

Pinduoduo (PDD) September call option implied volatility is at 44, October is at 43; compared to its 52-week range of 38 to 125 as shares near record high.

Mining stock option implied volatility flat to low as shares at lower end of range

BHP (BHP) September call option implied volatility is at 24, October is at 26; compared to its 52-week range of 20 to 54.

Vale (VALE) August weekly call option implied volatility is at 40, September is at 41; compared to its 52-week range of 31 to 58.

Rio Tinto plc (RIO) August weekly call option implied volatility is at 35, September is at 36; compared to its 52-week range of 22 to 40.

Freeport-McMoran (FCX) August weekly call option implied volatility is at 44, September is at 48; compared to its 52-week range of 34 to 68.

Straddle prices for stocks expected to report quarterly results this week

Abercrombie & Fitch (ANF) August weekly 17 straddle priced for a move of 15.5% into the expected release of quarterly results today before the bell
Ambarella (AMBA) August weekly 45 straddle priced for a move of 8.5% into the expected release of quarterly results today after the bell
Best Buy (BBY) August weekly 69 straddle priced for a move of 8.5% into the expected release of quarterly results today before the bell
Burlington Stores (BURL) August weekly 172.50 straddle priced for a move of 7% into the expected release of quarterly results today before the bell
Dollar General (DG) August weekly 140 straddle priced for a move of 5.5% into the expected release of quarterly results today before the bell
Dollar Tree (DLTR) August 100 straddle priced for a move of 7.5% into the expected release of quarterly results today before the bell
Dell Technologies (DELL) September 45 straddle priced for a move of 12% into the expected release of quarterly results today after the bell
Marvell Technology (MRVL) August weekly 23.50 straddle priced for a move of 5.5% into the expected release of quarterly results today after the bell
Ulta Beauty (ULTA) August weekly 330 straddle priced for a move of 7.5% into the expected release of quarterly results today after the bell
Workday (WDAY) August weekly 185 straddle priced for a move of 6.5% into the expected release of quarterly results today
Campbell Soup (CPB) August weekly 42 straddle priced for a move of 6.5% into the expected release of quarterly results before the bell on August 30
Jinko Solar (JKS) September 20 straddle priced for a move of 12.50% into the expected release of quarterly results before the bell on August 30

Newmont Mining (NEM) August weekly call option implied volatility is at 30, September is at 29; compared to its 52-week range of 23 to 38 as gold at upper end of range.

Argentina seeks to restructure $101bn of debt.

Options with decreasing option implied volatility: TGT PVTL MDCO JWN FL LB DKS S ADSK HPQ WLL TGT
Increasing unusual option volume: TOCA CVET XEC OLLI LKQ TGE ADSK UVE EXPR ETFC
Increasing unusual call option volume: XEC GES XRT ENDP KN TGE TDC ADSK OLLI TIF NWL COST DLTR
Increasing unusual put option volume: OLLI XRT TGE ETFC XRX ADSK CONN CS IGT PVH FSLY
Popular stocks with increasing unusual volume: COST PG FDX ADSK ROKU BIDU COST
Active options: BAC AAPL AMD MSFT FB MO GE BIDU AMZN GOLD NVDA COST NFLX TSLA BYND ADSK SNAP MU ROKU BABA