Pre-Market IV Report December 24, 2019

Pre-Market IV Report December 24, 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: S XLP IBM GNW XLY ACB BBBY PTON MDR I MDCO ANGI NFLX

Options expected to have increasing volume: SCWX DELL EVH S TMUS CMCSA

Boeing (BA) December weekly call option implied volatility is at 21, January is at 22; compared to its 52-week range of 23 to 46 after its Board of Directors named current Chairman, David Calhoun. President and CEO; Dennis Muilenburg has resigned. Call put ratio 1.95 calls to 1 put.

Tesla (TSLA) December weekly call option implied volatility is at 38, January is at 44; compared to its 52-week range of 37 to 75 as shares near record high.

S&P Dep Receipts (SPY) December weekly call option implied volatility is at 6, January is at 10, February is at 11, January 2021 is at 16; compared to its 52-week range of 10 to 32.

SPDR S&P Retail ETF (XRT) December weekly call option implied volatility is at 10, January and February is at 11; compared to its 52-week range of 17 to 37. Call put ratio 1 call to 7 puts into Christmas.

Ishares Silver Trust (SLV) December weekly call option implied volatility is at 16, January is at 17; compared to its 52-week range of 14 to 30. Call put ratio 2.2 calls to 1 put with focus on January weekly 16.50 calls.

Market Vectors Gold Miners ETF (GDX) December weekly call option implied volatility is at 20, January is at 23; compared to its 52-week range of 21 to 35 as gold up 17% for year. Call put ratio 3.8 calls to 1 put with focus on January 32 calls.

Premier (PINC) January call option implied volatility is at 48, February is at 38; compared to its 52-week range of 22 to 67 after recent M&A report. Call put ratio 20 calls to 1 put with focus on January 40 calls.

Evolent Health (EVH) January call option implied volatility is at 75, February is at 79; compared to its 52-week range of 48 to 195 after renewed reports of Kentucky healthcare coverage awards.

Intra-Cellular Therapies (ITCI) 30-day option implied volatility is at 141; compared to its 52-week range of 60 to 363 after announces FDA approval of CAPLYTA. Call put ratio 1.1 calls to 1.2 puts.

Apache Corp. (APA) December weekly call option implied volatility is at 39, January is at 44; compared to its 52-week range of 31 to 74 after sharp rally. Call put ratio 1.3 calls to 1 put.

SecureWorks Corp. (SCWX) January call option implied volatility is at 66, February is at 53; compared to its 52-week range of 52 to 103 after Bloomberg reported Dell Technologies (DELL) is exploring the purchase the remainder of Secureworks. Call put ratio 3.5 calls to 1 put with focus on January 15 and 20 calls.

Amarin (AMRN) January option implied volatility is at 72, February is at 62; compared to its 52-week range of 55 to 136. Call put ratio 2 calls to 1 put.

YETI Holdings, Inc. (YETI) January call option implied volatility is at 45, February is at 56; compared to its 52-week range of 46 to 97 into holiday shopping volume reports. Call put ratio 1.5 calls to 1 put.

Peloton (PTON) December weekly call option implied volatility is at 55, January is at 74, February is at 84; compared to its 17-week range of 58 to 90.

Bluebird Bio (BLUE) January and February call option implied volatility is at 64; compared to its 52-week range of 44 to 97 after wide 2019 price movement.

Options with decreasing option implied volatility: PTI FDX PTI CAG ITCI PDD ITCI PCG CVM
Increasing unusual option volume: IQV FTI MXEF LTM DRRX TXRH MO AFL ALB PAA EVH PINC LK ALB
Increasing unusual call option volume: IQV FTI LK LTM DRRX ALB HPE MO TRTN STX
Increasing unusual put option volume: LTM FTI MXEF PAA AFL MYGN KMX CMCSA
Popular stocks with increasing unusual: LK MO DIS F CMCSA VALE
Active options: AAPL TSLA AMD BA FB BAC MSFT NFLX MU ROKU AMZN DIS F NVDA TWTR BABA T MO INTC LK
Global S&P Futures are recently up 1.25 from previous day. Nikkei 225 up 0.04%, DAX down 0.1%, WTI Crude oil is recently at $60.59, natural gas down 0.9%, gold at $1495 an ounce