Pre-Market IV Report December 3, 2018

Pre-Market IV Report December 3, 2018

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 overlooked information.

Options with increasing option implied volatility: PTI AKRX PACB SHPG DVMT NLY ORCL FOXA BHC PACB SFM MAR GE AKRX QCOM

Options expected to have increasing volume: QCOM NXPI UCO USO NSXT TRCO DB F GM BA DE CAT FB EWW

Apple (AAPL) option implied elevated as shares trade up 4% in premarket on G20 headlines

Apple (AAPL) December weekly call option implied volatility is at 37, December 33; compared to its 52-week range of 16 to 42 as shares trade up 4% on G20 and oil headlines.

S&P Dep Receipts (SPY) December weekly call option implied volatility is at 23, December and January is at 18; compared to its 52-week range of 7 to 35 into stocks trade higher in premarket on G20 headlines.

PowerShares QQQ Trust (QQQ) December weekly call option implied volatility is at 31, December is at 25, January is at 23; compared to its 52-week range of 11 to 31 into stocks trade higher in premarket on G20 headlines.

Ishares Msci Mexico Capped Etf (EWW) December weekly call option implied volatility is at 41, December is at 37; compared to its 52-week range of 16 to 43 as shares trade near nine-year low into inauguration of President-Elect Andres Manual Obrador. Call put ratio 2.6 calls to 1 put, led by December 39 and 41 calls.

Tribune Media (TRCO) December call option implied volatility is at 28, January is at 33; compared to its 52-week range of 23 to 53 into Nexstar Broadcasting (NXST) reportedly acquiring for $4.1B.

Nexstar Broadcasting (NXST) December call option implied volatility is at 38, January is at 37; compared to its 52-week range of 27 to 49 into reportedly acquiring Tribune Media (TRCO) for $4.1B.

ProShares Ultra DJ-UBS Crude Oil (UCO) December weekly call option implied volatility is at 133, December is at 110, January is at 95; compared to its 52-week range of 33 to 118 into OPEC meetings on December 6. Call put ratio 1.6 calls to 1 put.

Western Digital (WDC) December weekly call option implied volatility is at 80, December is at 62; compared to its 52-week range of 24 to 65 into a company hosted investor day on December 4.

Yum! Brands (YUM) December weekly call option implied volatility is at 21, December is at 20, January is at 18; compared to its 52-week range of 13 to 30 into a company hosted investor day on December 5. Call put ratio 3.2 calls to 1 put.

Straddle prices for stocks expected to report results this week

Ascena Retail Group (ASNA) December 3 straddle priced for move of 19% into the expected release of EPS today
Lands End (LE) December 20 straddle priced for move of 15% into the expected release of EPS before the open on December 3
AutoZone (AZO) December weekly 810 straddle priced for move of 7% into the expected release of EPS before the open on December 4
Block H&R (HRB) December 27 straddle priced for move of 10% into the expected release of EPS on December 4
Dollar General (DG) December 111 straddle priced for move of 7% into the expected release of EPS on December 4
HD Supply (HDS) December 40 straddle priced for move of 8% into the expected release of EPS on December 4
Hewlett Packard Enterprises (HPE) December 15 straddle priced for move of 6% into the expected release of EPS on December 4
Marvell Technology (MRVL) December weekly 16 straddle priced for move of 8% into the expected release of EPS after the close on December 4
RH (RH) December weekly 116 straddle priced for move of 16% into the expected release of EPS on December 4
Toll Brothers (TOL) December weekly 33 straddle priced for move of 8% into the expected release of EPS on after the close on December 4
American Eagle (AEO) December weekly 21 straddle priced for move of 11% into the expected release of EPS before the open on December 5
Ciena (CIEN) December weekly 32.50 straddle priced for move of 4% into the expected release of EPS before the open on December 5
Conns (CONN) December 27 straddle priced for move of 16% into the expected release of EPS on December 5
Dave & Busters (PLAY) December weekly 57 straddle priced for move of 5% into the expected release of EPS on December 5
Five Below (FIVE) December 105 straddle priced for move of 10% into the expected release of EPS after the close on December 5
Luluemon Athletica (LULU) December weekly 133 straddle priced for move of 10% into the expected release of EPS on December 5
National Beverage (FIZZ) December 87 straddle priced for move of 10% into the expected release of EPS on December 5
United Natural Foods (UNFI) December 20 straddle priced for move of 15% into the expected release of EPS after the close on December 5
Broadcom (AVGO) December weekly 237 straddle priced for move of 6% into the expected release of EPS after the close on December 6
Kroger (KR) December weekly 29.50 straddle priced for move of 8% into the expected release of EPS before the open on December 6
Michaels Stores (MIK) December 17.50 straddle priced for move of 12% into the expected release of EPS before the open on December 6
Signet Jewelers (SIG) December weekly 52.50 straddle priced for move of 16% into the expected release of EPS on December 6

Increasing unusual option volume: BKD PTEN CVRR RLGY MAR CNQ ARMK DHT BLMN RSG
Increasing unusual call option volume: PTEN ACHC SBLK ARMK EVRI ADM
Increasing unusual put option volume: CNQ RLGY MAR EUFN WAB SIVB AZN S DSW PHM
Popular stocks with increasing volume: PFE CAT PBR GS
Options with decreasing option implied volatility: SPLK GME AMBA HPQ PANW WDAY VMW GME
Cboe Bitcoin December futures down 365 to 3930