Pre-Market IV Report December 12, 2019

Pre-Market IV Report December 12, 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: ITCI BKLN S ORCL NVST TLRD PTON SPCE FDX TLRD

Options expected to have increasing volume: AVGO ORCL LULU YRCW RH CLR TLRD

RH (RH) December weekly call option implied volatility is at 39, December is at 37, January is at 35; compared to its 52-week range of 38 to 94 into CEO sold 500,000 common shares of company from Dec 9 through Dec 11.

Option implied volatility for Gold stocks as gold trades $1479 into UK votes with main focus on Brexit, ECB, December 15 trade deadline

Market Vectors Gold Miners ETF (GDX) December weekly call option implied volatility is at 30, December and January is at 24 ; compared to its 52-week range of 21 to 35 into UK votes to with main focus on Brexit.

Direxion Daily Gold Miners Bull 3x Shares (NUGT) December weekly call option implied volatility is at 82, December and January is at 72; compared to its 52-week range of 62 to 107

Newmont Mining (NEM) 30 day option implied volatility is at 23; compared to its 52-week range of 21 to 36

Yamana Gold (AUY) 30 day option implied volatility is at 42; compared to its 52-week range of 38 to 71

SPDR Gold Trust (GLD) 30 day option implied volatility is at 10; compared to its 52-week range of 8 to 18

AngloGold Ashanti (AU) 30 day option implied volatility is at 47; compared to its 52-week range of 33 to 60

Kinross Gold (KGC) 30 day option implied volatility is at 37; compared to its 52-week range of 37 to 58

Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG) 30 day option implied volatility is at 84; compared to its 52-week range of 72 to 131

Kirkland Lake Gold (KL) 30 day call option implied volatility is at 41; compared to its 52-week range of 38 to 54

Straddle prices for stocks expected to report quarterly results this week

Adobe (ADBE) December weekly 305 straddle priced for a move of 3.5% into the expected release of quarter results today after the bell

Ciena (CIEN) December weekly 35.50 straddle priced for a move of 8.5% into the expected release of quarter results before the bell on December 12

Costco (COST) December weekly 295 straddle priced for a move of 3% into the expected release of quarter results today

Oracle (ORCL) December weekly 56 straddle priced for a move of 4.5% into the expected release of quarter results

Broadcom (AVGO) December weekly 320 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on December 13

BP plc (BP) December weekly, December and January call option implied volatility is at 17; compared to its 52-week range of 15 to 35.

Chevron (CVX) December weekly, December and January call option implied volatility is at 19; compared to its 52-week range of 16 to 39.

Continental Resources (CLR) December weekly call option implied volatility is at 44, December is at 43, January is at 44; compared to its 52-week range of 34 to 69 into conference call to discuss the new Executive Chairman of the Company, Harold Hamm, today at 10:30 am.

YRC Worldwide (YRCW) December call option implied volatility is at 57, January is at 83; compared to its 52-week range of 52 to 165.

Williams Cos. (WMB) December and January call option implied volatility is at 22; compared to its 52-week range of 19 to 40. Call put ratio 26 calls to 1 put with focus on February 23 and 25 calls.

Exelixis (EXEL) December and January call option implied volatility is at 40; compared to its 52-week range of 37 to 77 call put ratio 28 calls to 1 put with focus on December 18 calls.

Ambarella (AMBA) December weekly call option implied volatility is at 45, December and January is at 39; compared to its 52-week range of 33 to 69. Call put ratio 6.8 calls to 1 put with focus on December calls.

YETI Holdings, Inc. (YETI) December weekly call option implied volatility is at 51, December and January is at 48; compared to its 52-week range of 46 to 97. Call put ratio 3.9 calls to 1 put with focus December calls.

Options with decreasing option implied volatility: TGT DLTR EXPE SAGE ARQL
Increasing unusual option volume: WMB AMBA EXEL DHR DERM OLLI CASY XAU RBS AES NTRS YETI
Increasing unusual call option volume: GREK CASY BCS OLLI DERM WCC ZEN
Increasing unusual put option volume: EXPR XAU OLLI FANG ATH MSI PTI PLCE
Popular stocks with increasing unusual: GILD LULU M HD FCX
Active options: DHR AAPL TSLA FCX BAC BABA BA MU GILD LULU PCG AMZN NFLX FB AMD MSFT DIS ROKU M HD
Global S&P Futures are recently up 6.05 from previous day. Nikkei 225 up 0.1%, DAX up .2%, WTI Crude oil is recently at $59.02, natural gas up 1.8%, gold at $1479 an ounce