Pre-Market IV Report December 21, 2020

Pre-Market IV Report December 21, 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: IPOC GHIV UUP NKE UVXY FUBO IPOC QS RIOT SNOW MVIS VUZI SRPT FEYE BIDU TG CURO

Stocks expected to have increasing option volume: CCL NCLH RCL DAL LUV AAL UAL SAVE ALK TSLA MRNA NKE KMX CTAS PAYX JPM PNC MS BAC GS WFC CMA C HBAN CMA

IV into reports of a new Covid-19 strain in the U.K.

SPDR S&P 500 ETF Trust (SPY) December weekly calls option implied volatility is at 13, December is at 18; compared to its 52-week range of 10 to 77 into reports of a new Covid-19 strain in the U.K.

PowerShares QQQ Trust (QQQ) December weekly calls option implied volatility is at 17, January is at 24; compared to its 52-week range of 12 to 79 into reports of a new Covid-19 strain in the U.K.

Tesla (TSLA) December weekly option implied volatility is at 90, January is at 64; compared to its 52-week range of 34 to 153 into S&P 500 addition. Call put ratio 1.6 calls to 1 put.

IV into reports of new Covid strain in the U.K.

Delta Air Lines (DAL) 30-day option implied volatility is at 54; compared to its 52-week range of 20 to 265.

American Airlines (AAL) 30-day option implied volatility is at 74; compared to its 52-week range of 29 to 293.

Southwest Airlines (LUV) 30-day option implied volatility is at 44; compared to its 52-week range of 17 to 204.

JetBlue Airways (JBLU) 30-day option implied volatility is at 57 compared to its 52-week range of 25 to 221.

United Airlines (UAL) 30-day option implied volatility is at 61; compared to its 52-week range of 20 to 421.

Las Vegas Sands (LVS) 30-day call option implied volatility is at 41; compared to its 52-week range of 21 to 180.

MGM Resorts (MGM) 30-day call option implied volatility is at 651; compared to its 52-week range of 20 to 337.

Wynn Resorts (WYNN) 30-day call option implied volatility is at 51; compared to its 52-week range of 31 to 216.

Norwegian Cruise Line (NCLH) 30-day call option implied volatility is at 75; compared to its 52-week range of 20 to 267.

Carnival Corp. (CCL) 30-day call option implied volatility is at 77; compared to its 52-week range of 18 to 268.

Royal Caribbean Cruises (RCL) 30-day call option implied volatility is at 62; compared to its 52-week range of 20 to 271.

Moderna (MRNA) December weekly call option implied volatility is at 90, January is at 94; compared to its 52-week range of 51 to 173 into Moderna Covid vaccine granted emergency use authorization by FDA.

Financials IV into Fed frees up US banks to resume share buybacks

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 31; compared to its 52-week range of 13 to 111 into Fed frees up US banks to resume share buybacks.

Spdr S&P Bank Etf (KBE) 30-day option implied volatility is at 33; compared to its 52-week range of 16 to 125 into Fed frees up US banks to resume share buybacks.

Consumers Staples Sel Sect Spdr (XLP) 30-day option implied volatility is at 14; compared to its 52-week range of 9to 66. Call put ratio 15 calls to 1 put.

Global Payments (GPN) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 105 into Fidelity National Information Services (FIS) recently held late stage merger talks with GPN, WSJ reports.

Fidelity National Information Services (FIS) 30-day option implied volatility is at 30; compared to its 52-week range of 17 to 80 into Global Payments recently held late stage merger talks with FIS, WSJ reports.

Straddle prices into quarter releases this week

CarMax (KMX) December weekly 99 straddle priced for a move of 7% into the expected release of quarter results before the bell on December 22.

Cintas (CTAS) January 350 straddle priced for a move of 8% into the expected release of quarter results before the bell on December 22.

Paychex (PAYX) January 97.5 straddle priced for a move of 6% into the expected release of quarter results before the bell on December 23.

Options with decreasing option implied volatility: WYNN ZM DIS ACB ENDP DM INO
Increasing unusual call option volume: RSX QS VUZI FEYE ATUS MCFE
Increasing unusual put option volume: ATUS FUBO BB FEYE QS MARA
Popular stocks with increasing volume: FEYE BA SNAP PLUG PFE ROKU PLTR DKNG VALE
Active options: TSLA AAPL NIO AMZN PLTR AMD VALE FEYE FB INTC MSFT PFE AAL PLUG FDX GE BABA SNAP BA DKNG
Global S&P Futures recently down 1%, Nikkei mixed, DAX down 0.5%, WTI Crude oil recently at $47.04, natural gas mixed, gold at $1897 an ounce