Pre-Market IV Report December 12, 2018

Pre-Market IV Report December 12, 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: SHPG UAA TROX PGR IMMU WBA FSLR BUD LOW AEO AXTA HAIN NBEV

Options expected to have increasing volume: HES CSCO ADBE CIEN COST SBUX DHR MET PCG HAIN PLAY AEO BAC MS

Bank of America (BAC) and Morgan Stanley (MS) option implied volatility into downgraded at Keefe Bruyette

Bank of America (BAC) December weekly call option implied volatility is at 35, December is at 34, January is at 33; compared to its 52-week range of 16 to 36 into downgraded to Market Perform at Keefe Bruyette.

Morgan Stanley (MS) December weekly call option implied volatility is at 45, December is at 41, January is at 36; compared to its 52-week range of 18 and 38.

PG&E Corp. (PCG) December weekly call option implied volatility is at 51, December is at 56, January is at 64; compared to its 52-week range of 18 to 201 into PG&E providing a investigation update related to California’s Camp Fire.

Hess Corp. (HES) December weekly call option implied volatility is at 54, December is at 50, January is at 45; compared to its 52-week range of 28 to 50 into investor day.

Straddle prices for stocks expected to report results this week

Adobe (ADBE) December weekly 245 straddle priced for move of 6% into the expected release of EPS after the bell on December 13
Costco (COST) December weekly 225 straddle priced for move of 4% into the expected release of EPS on December 13
Ciena (CIEN) December weekly 31.50 straddle priced for move of 10% into the expected release of EPS before the open on December 13

Active options: AAPL BAC GE MSFT FB AMD AMZN TWTR F TSLA NVDA BX NFLX MU BABA T SQ C KO WFC
Increasing unusual option volume: INDA APU GLPI ASNA ERJ
Increasing unusual call option volume: GLPI MPW KKR AME SSP EVRI VNQ SKT
Increasing unusual put option volume: INDA ERJ ASNA ARMK CVRR JEF VNOM IVC KO CP PVH
Popular stocks with increasing volume: KO BX NBR AEO NTAP
Options with decreasing option implied volatility: SFIX DSW DVMT DSW VNQ TSRO TROX