Pre-Market IV Report December 19, 2019

Pre-Market IV Report December 19, 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 S BB NVST XLP BB VIX ITCI MDR PTON TUP ILMN TIF KPTI MU KMX CCL

Options expected to have increasing volume: MU BB CCL KMX DRI CAG FDS BA

Tesla (TSLA) December call option implied volatility is at 39, January is at 39; compared to its 52-week range of 37 to 75 as shares rally 5.2%. Call put ratio 1.7 calls to 1 put with focus on December 390 and 395 calls as shares near record high.

PG&E Corp. (PCG) December call option implied volatility is at 128, January is at 44; compared to its 52-week range of 59 to 254 after Judge ruling.

Qualcomm (QCOM) December and January option implied volatility at 26; compared to its 26 to 42 into CES 2020.

Option implied volatility for Berkshire Hathaway (BRK/B) biggest stock investments and share price changes in 2019

Apple (AAPL) December call option implied volatility is at 18, January is at 19; compared to its 52-week range of 17 to 46 as shares are up 74% during 2019.

Banc of America (BAC) December call option implied volatility is at 19, January is at 22; compared to its 52-week range of 19 to 47 as shares are up 41% during 2019.

American Express (AXP) December call option implied volatility is at 15, January is at 15; compared to its 52-week range of 14 to 41 as shares are up 30% during 2019.

Wells Fargo (WFC) December call option implied volatility is at 16, January is at 19; compared to its 52-week range of 16 to 44 as shares are up 18% during 2019.

Coca-Cola (KO) December call option implied volatility is at 13, January is at 12; compared to its 52-week range of 12 to 26 as shares are up 15% during 2019.

U.S. Bancorp (USB) December call option implied volatility is at 14, January is at 15; compared to its 52-week range of 14 to 36. Call put ratio 12 calls to 1 put with focus on January weekly (31) 60.50 calls.

Cree (CREE) December call option implied volatility is at 38, January is at 37; compared to its 52-week range of 30 to 61. Call put ratio 9.5 calls to 1 put with focus on December and January 47 calls.

Big Lots (BIG) December call option implied volatility is at 51, January is at 46; compared to its 52-week range 28 to 75. Call put ratio 8 calls to 1 put with focus on December 30 calls.

Luckin Coffee Inc. (LK) December call option implied volatility is at 69, January is at 72; compared to its 52-week range of 52 to 120.

Straddle prices for stocks expected to report quarterly results this week

Accenture (ACN) December 205 straddle priced for a move of 4% into the expected release of quarter results today before the bell.
Darden (DRI) December 115 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell.
Conagra (CAG) December 29 straddle priced for a move of 7.5% into the expected release of quarter results today before the bell.
Sanderson Farms (SAFM) December 165 straddle priced for a move of 5.5% into the expected release of quarter results today before the bell.
Nike (NKE) December 100.50 straddle priced for a move of 4.50% into the expected release of quarter results today after the bell.
BlackBerry (BB) December 5.5 straddle priced for a move of 11.5% into the expected release of quarter results before the bell on December 20.
CarMax (KMX) December 98.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on December 20.
Carnival Corp. (CCL) December 46.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on December 20.

Farfetch Limited (FTCH) 30-day call option implied volatility is at 62; compared to its 52-week range of 46 to 118. Call put ratio 2 calls to 1 put.

Options with decreasing option implied volatility: CIEN PDD PTI ARQL KSS AXSM ATNX GTT PCG
Increasing unusual option volume: ALLT MLHR PCAR FDS DCPH FDS CHNG DBC
Increasing unusual call option volume: USB CREE BIG PCAR CWH DBC RCL DCPH HYG
Increasing unusual put option volume: ALLT MUR FDS AKRX WVE FLT EPI
Popular stocks with increasing unusual: TSLA S T FDX USB CREE
Active options: TSLA AAPL MU FB NFLX FDX AMD TWTR BA AMZN DIS NVDA S MO M BAC TSM MSFT ROKU T
Global S&P Futures are recently down 1.00 from previous day. Nikkei 225 down 0.2%, DAX 0%, WTI Crude oil is recently at $60.92, natural gas down 0.5%, gold at $1481 an ounce