Pre-Market IV Report December 23, 2019

Pre-Market IV Report December 23, 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: RSX ITC ACB X S SPIKE XLP MDR PDCE TGNA SMH ANGI MDCO BKLN TIF

Options expected to have increasing volume: JD FTCH VIPS BABA AMZN

Uber (UBER) January call option implied volatility is at 36, March is at 44; compared to its 28-week range of 37 to 83 after Bloomberg reported Travis Kalanick the founder of ride-hailing app has sold $2.5bn of stock in less than two months. Call put ratio 5.5 calls to 1 put with focus on January calls.

Lyft (LYFT) January call option implied volatility is at 36, February is at 42; compared to its 32-week range of 38 to 79 into 2020. Call put ratio 2.9 calls to 1 put.

Powershares DB UB Dollar Index Bearish Fund (UDN) 30 day option implied volatility is at 7; compared to its 52-week range of 6 to 10 into 2020.

Powershares DB Us Dollar Index Bullish Fund (UUP) 30 day option implied volatility is at 7; compared to its 52-week range of 5 to 12.

JD.com (JD) January call option implied volatility is at 27, March is at 32; compared to its 52-week range of 28 to 69 into JD.coms’s. logistics unit mulls potential $8N-$10 IPO, Reuters reports. Call put ratio 3.8 calls to 1 put.

Option implied volatility for Health Insurance Companies

UnitedHealth Group (UNH) 30 day option implied volatility is at ; compared to its 52-week range of
Centene (CNC) 30 day option implied volatility is at ; compared to its 52-week range of
Cigna Corp. (CI) 30 day option implied volatility is at ; compared to its 52-week range of
Humana (HUM) 30 day option implied volatility is at 24; compared to its 52-week range of 19 to 36
Anthem (ANTM) 30 day option implied volatility is at 22; compared to its 52-week range of 19 to 43

Option implied volatility for Cannabis stocks

Aurora Cannabis (ACB) 30 day option implied volatility is at 104; compared to its 52-week range of 37 to 136
Canopy Growth (CGC) 30 day option implied volatility is at 67; compared to its 52-week range of 66 to 89
Cronos Group (CRON) 30 day option implied volatility is at 65; compared to its 52-week range of 65 to 136
HEXO Corp. (HEXO) 30 day option implied volatility is at 110; compared to its 52-week range of 60 to 160
Tilray, Inc. (TLRY) 30 day option implied volatility is at 80; compared to its 52-week range of 47 to 139
New Age Beverage (NBEV) 30 day option implied volatility is at 88; compared to its 52-week range of 62 to 154

Option implied volatility for Electronic Entertainment companies
Electronic Arts (EA) 30 day option implied volatility is at 22; compared to its 52-week range of 21 to 52
Znga (ZNGA) 30 day option implied volatility is at 24; compared to its 52-week range of 23 to 23
Take-Two Interactive (TTWO) 30 day option implied volatility is at 24; compared to its 52-week range of 23 to 58
Alphabet (GOOGL) 30 day option implied volatility is at 15; compared to its 52-week range of 13 to 41
Sony (SNE) 30 day option implied volatility is at 20; compared to its 52-week range of 20 to 41
Microsoft (MSFT) 30 day option implied volatility is at 15; compared to its 52-week range of 15 to 44
Alphabet (GOOG) 30 day option implied volatility is at 15; compared to its 52-week range of 14 to 41
GameStop (GME) 30 day option implied volatility is at 71; compared to its 52-week range of 36 to 141
Netflix (NFLX) 30 day option implied volatility is at 32; compared to its 52-week range of 27 to 76

Options with decreasing option implied volatility: FDX PDD PTI CAG TGT AXSM AMRN CVM
Increasing unusual option volume: RSX SPIKE PDCE TGNA FSCT CRCM
Increasing unusual call option volume: RSX TGNA SPIKE FSCT SMH NLNK
Increasing unusual put option volume: LPX NCLH FAZ MXIM WVE AVP KMX
Popular stocks with increasing unusual: VAL NKE X BA
Active options: AAPL TSLA AMD FB MU MSFT AMZN NFLX BABA ROKU UBER NVDA BAC NKE VAL BA TWTR X GE CSCO

Global S&P Futures are recently up 2.25 from previous day. Nikkei 225 down 0.2%, DAX up 0.04%, WTI Crude oil is recently at $60.20, natural gas down 0.09%, gold at $1488 an ounce

Stephen Schwarzman wrote in his book ‘What it Takes’. “By September 1987, stock markets were hitting record highs, and I did not want to get caught if they turned.”