Pre-Market IV Report February 19, 2020

Pre-Market IV Report February 19, 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: SPCE DISH CHK DISH BB JNJ INO BILI CCL

Options expected to have increasing volume: SPCE BBBY A AAP CXO ECL MDT WMT ADI DISH MOS GRMN GRPN APRN HLF H

Tesla (TSLA) February call option implied volatility is at 75, March is at 70; compared to its 52-week range of 34 to 117 as shares trade above $900 in the premarket after closing at $858.40.

Virgin Galactic Holdings (SPCE) February call option implied volatility is at 2506, March is at 188; compared to its 26-week range of 39 to 188 as Richard Branson’s spaceship company’s share price has wide price movement. Call put ratio 2.1 calls to 1 put with focus on February calls. SPCE shares trading up 4% in premarket.

Smile Direct (SDC) February call option implied volatility is at 110, March is at 122; compared to its 52-week range of 59 to 138 after the bell on February 25. Call put ratio 5.6 calls to 1 put.

BlackBerry (BB) February call option implied volatility is at 59, March is at 61; compared to its 52-week range of 31 to 75 as shares rally 4.2%. Call put ratio 19 calls to 1 put with focus on February 6 and 6.5 calls.

Twitter (TWTR) February call option implied volatility is at 33, March is at 33; compared to its 52-week range of 27 to 62. Call put ratio 5 calls to 1 put with focus on February 38 calls.

S&P 500 (SPY) and Market Vectors Gold Miners ETF (GDX) option implied volatility ticked up from Friday from low levels.

Market Vectors Gold Miners ETF (GDX) 30-day call option implied volatility is at 25; compared to its 52-week range of 21 to 36 as gold trades above $1610.

Bank option implied volatility after reports Mike Bloomberg plans to tax every financial transaction 0.1%

Financial Select Sector SPDR ETF (XLF) February call option implied volatility is at 13, March is at 14 compared to its 52-week range of 13 to 26 after reports Mike Bloomberg’s plan for a tax of 0.1% on all financial transactions.

Bank of America (BAC) February call option implied volatility is at 22, March is at 21; compared to its 52-week range of 17 to 33.

Citigroup (C) February call option implied volatility is at 22, March is at 21; compared to its 52-week range of 18 to 33.

Goldman Sachs (GS) February call option implied volatility is at 22, March is at 21; compared to its 52-week range of 18 to 32

JPMorgan (JPM) February call option implied volatility is at 19, March is at 18; compared to its 52-week range of 15 to 26

Morgan Stanley (MS) February call option implied volatility is at 21, March is at 22; compared to its 52-week range of 19 to 39

Wells Fargo (WFC) February call option implied volatility is at 20, March is at 19; compared to its 52-week range of 16 to 29

Straddle prices for stocks expected to report quarterly results this week

Albemarle (ALB) February 90 straddle priced for a move of 7% into the expected release of quarter results today

Analog Devices (ADI) February 119 straddle priced for a move of 3.5% into the expected release of quarter results today

Avis Budget (CAR) February 41 straddle priced for a move of 9% into the expected release of quarter results today

Bausch Health (BHC) February 28 straddle priced for a move of 5.5% into the expected release of quarter results today

Blue Apron (APRN) February 4 straddle priced for a move of 20% into the expected release of quarter results today before the bell

Cheesecake (CAKE) February 40 straddle priced for a move of 6% into the expected release of quarter results today

Dish Network (DISH) February 41 straddle priced for a move of 9.5% into the expected release of quarter results today

Garmin (GRMN) February 97.50 straddle priced for a move of 6% into the expected release of quarter results today before the bell

Hyatt (H) February 87.50 straddle priced for a move of 5% into the expected release of quarter results today after the bell

Jack in the Box (JACK) February 90 straddle priced for a move of 7% into the expected release of quarter results today

Noble (NE) February 1 straddle priced for a move of 15% into the expected release of quarter results today after the bell

Petrobras (PBR) February 14.50 straddle priced for a move of 3.5% into the expected release of quarter results today after the bell

Zillow (Z) February 52 straddle priced for a move of 12% into the expected release of quarter results today after the bell

AKS Steel (AKS) February 3 straddle priced for a move of 9% into the expected release of quarter results before the bell on February 20

Cleveland Cliff (CLF) February 7.5 straddle priced for a move of 8% into the expected release of quarter results before the bell on February 20

Dominos Pizza (DPZ) February 295 straddle priced for a move of 6% into the expected release of quarter results February 20

Dropbox (DBX) February 18.50 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 20

Fastly (FSLY) February 23 straddle priced for a move of 12% into the expected release of quarter results after the bell on February 20

Hormel (HRL) February 48.50 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 20

Intelsat (I) February 4 straddle priced for a move of 20% into the expected release of quarter results February 20

Nabors (NBR) February 2 straddle priced for a move of 14% into the expected release of quarter results after the bell on February 20

Norwegian Cruise Lines (NCLH) February 52.50 straddle priced for a move of 5% into the expected release of quarter results on February 20

Vale (VALE) February 12 straddle priced for a move of 4% into the expected release of quarter results on February 20

ViacomCBS (VIAC) February 35 straddle priced for a move of 5.5% into the expected release of quarter results on February 20

Berkshire Hathaway (BRK/B) February 225 straddle priced for a move of 1.5% into the expected release of quarter results on February 21

Deere (DE) February 167 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 21

Options with decreasing option implied volatility: IBM TWTR BBBY UAA S LK GOOS SKX
Increasing unusual option volume: AVT FG ELY MEET MYGN ERIC
Increasing unusual call option volume: FG ERIC APO TRP GBX PS ZGNX
Increasing unusual put option volume: SYF MYGN KNX NE ACM
Popular stocks with increasing unusual: SPCE S WMT BMY
Active options: AAPL AMD MSFT SPCE TSLA FB ROKU NVDA TEVA AMZN BMY BABA BAC TWTR NFLX WMT DIS GE S SNAP
Global S&P Futures are recently up 8.05 from previous day. Nikkei 225 up 0.8%, DAX up 0.6%, WTI Crude oil is recently at $52.47, natural gas down 0.3%, gold at $1611 an ounce