Pre-Market IV Report December 26, 2019

Pre-Market IV Report December 26, 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 IBM GNE XLP BBBY GNE ACB MDR CGC NFLX VFC

Options expected to have increasing volume: BA SPR QGEN KKR

PowerShares QQQ Trust (QQQ) January weekly call option implied volatility is at 12, January is at 15; compared to its 52-week range of 12 to 33 amid QQQ closes at record high. Call put ratio 1 call to 2.3 puts.

S&P Dep Receipts (SPY) January weekly call option implied volatility is at 7, January is at 10, February is at 12, January 2021 is at 16; compared to its 52-week range of 10 to 32 as shares trend higher.

Market Vectors Gold Miners ETF (GDX) January weekly call option implied volatility is at 23, January is at 24; compared to its 52-week range of 21 to 35 as gold near two-year high. Call put ratio 3.2 calls to 1 put with focus on February 28 calls.

AMD (AMD) January weekly call option implied volatility is at 38, January is at 48; compared to its 52-week range of 36 to 93 as shares near record high.

Shopify (SHOP) January call option implied volatility is at 40, February is at 48; compared to its 52-week range of 36 to 72 as shares near record high. Call put ratio 1.5 calls to 1 put.

Analog Devices (ADI) January call option implied volatility is at 17, February is at 22; compared to its 52-week range of 22 to 43. Call put ratio 2.3 calls to 1 put.

Twitter (TWTR) January call option implied volatility is at 27, January is at 41; compared to its 52-week range of 27 to 79 into CES 2020 Las Vegas.

Salesforce.com (CRM) January call option implied volatility is at 18, February is at 21; compared to its 52-week range of 19 to 51 into CEO Marc Benioff giving a keynote address at CES 2020 Las Vegas.

Comcast NBCUniversal (CMCSA) January call option implied volatility is at 20, February is at 21; compared to its 52-week range of 17 to 46 into Linda Yaccarino NBCUniversal giving a keynote address at CES 2020 Las Vegas.

Delta (DAL) January call option implied volatility is at 24, February is at 22; compared to its 52-week range of 20 to 46 as share near record high into CEO Ed Bastian giving a keynote address at CES 2020 Las Vegas.

Qorvo (QRVO) January call option implied volatility is at 28, February is at 35; compared to its 52-week range of 27 to 50 into CES 2020 Las Vegas.

Garmin (GRMN) January call option implied volatility is at 17, February is at 25; compared to its 52-week range of 17 to 32 as share near record high into CES 2020 Las Vegas.

Mastercard (MA) January call option implied volatility is at 17, February is at 20; compared to its 52-week range of 16 to 45 into CES 2020 Las Vegas.

Akamai Technologies (AKAM) January call option implied volatility is at 22, February is at 27; compared to its 52-week range of 21 to 44 into CES 2020 Las Vegas.

Technology Select Sector Spdr Fund (XLK) January call option implied volatility is at 13, February is at 14; compared to its 52-week range of 14 to 37 as shares near record high.

Market Vectors Semiconductor ETF (SMH) January call option implied volatility is at 20, February is at 21; compared to its 52-week range of 21 to 40 into CES 2020. Call put ratio 1 call to 3.1 puts.

Virgin Galactic Holdings (SPCE) January and February call option implied volatility is at 51; compared to its 26-week range of 39 to 98. Call put ratio 16 calls to 1 put with focus on January 12.50 calls.

Qiagen (QGEN) January call option implied volatility is at 44, February is at 28; compared to its 52-week range of 19 to 69 into its board completed its review of strategic alternatives and determined they were not compelling enough relative to the stand-alone business.

Option implied volatility for Consumer Discretionary Sector SPDR ETF (XLY) Holdings

Amazon (AMZN) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 50
Home Depot (HD) 30-day option implied volatility is at 15; compared to its 52-week range of 15 to 35
Nike (NKE) 30-day option implied volatility is at 17; compared to its 52-week range of 17 to 38
Starbucks (SBUX) 30-day option implied volatility is at 17; compared to its 52-week range of 15 to 39
Lowe’s (LOW) 30-day option implied volatility is at 17; compared to its 52-week range of 18 to 41
Booking Holdings (BKNG) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 40
TJX (TJX) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 34
General Motors (GM) 30-day option implied volatility is at 21; compared to its 52-week range of 21 to 43
Target (TGT) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 43

Options with decreasing option implied volatility: FDX TGT CAG PD ITCI PCG BB CAG FDX KMX RSX MU AVP
Increasing unusual option volume: NLNK BTI AMT DRRX SPTM
Increasing unusual call option volume: BTI AMT CM NLNK DRRX SBGL SPTM
Increasing unusual put option volume: CZR CNP APLS LGFA LTM RDWR
Popular stocks with increasing unusual: GOLD AMT DIS MDT NIO
Active options: AMD AAPL TSLA BA FB UBER AMZN NIO BABA AMT MU NVDA T GOLD DIS NFLX MSFT MDT BAC
Global S&P Futures are recently up 4.75 from previous day. Nikkei 225 up 0.6%, DAX down 0.1%, WTI Crude oil is recently at $61.29, natural gas up 2.4%, gold at $1508 an ounce