Pre-Market IV Report February 21, 2019

Pre-Market IV Report February 21, 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 overlooked information.

Options with increasing option implied volatility: NVAX FIT CELG NKE ORCL NVAX UNIT OSTK RIOT MDR UNIT CLDR S EW TIF FDC ORCL

Options expected to have increasing volume: FLR ROKU HPE FSLR INTU KHC WEN Z ZG W AN DPZ CAR BCS

S&P Dep Receipts (SPY) February weekly call option implied volatility is at 11, March is at 11; compared to its 52-week range of 8 to 35 after US equities closed higher after the Fed released its minutes from its last FOMC meeting.

United States Natural Gas (UNG) February weekly call option implied volatility is at 25, March is at 24; compared to its 52-week range of 22 to 112 into EIA Natural Gas Report.

Straddle prices for stocks expected to report results this week

Bunge (BG) March 52.50 straddle priced for move of 7% into the expected release of EPS today before the bell
Newmont Mining (NEM) March 35.50 straddle priced for move of 7% into the expected release of EPS today before the bell
Baidu (BIDU) February weekly 172.50 straddle priced for move of 6.5% into the expected release of EPS after the bell on February 21
Domino’s Pizza (DPZ) February weekly 280 straddle priced for move of 6.5% into the expected release of EPS on February 21
Dropbox (DBX) February weekly 25.50 straddle priced for move of 8% into the expected release of EPS after the bell on February 21
First Solar (FSLR) February weekly 52 straddle priced for move of 9% into the expected release of EPS after the bell on February 21
The Trade Desk, Inc. (TTD) February weekly 150 straddle priced for move of 13% into the expected release of EPS today
Caesars (CZR) February weekly 9.5 straddle priced for move of 7% into the expected release of EPS on February 21
Flour (FLR) February 38 straddle priced for move of 8% into the expected release of EPS after the bell on February 21
Hewlett Packard (HPE) February 16 straddle priced for move of 7% into the expected release of EPS after the bell on February 21
Hormel (HRL) February weekly 43 straddle priced for move of 5% into the expected release of EPS before the bell on February 21
Intuit (INTU) March 240 straddle priced for move of 6% into the expected release of EPS after the bell on February 21
Roku (ROKU) February weekly 53.50 straddle priced for move of 13% into the expected release of EPS after the bell on February 21
Sprouts Farmers (SFM) March 25 straddle priced for move of 9% into the expected release of EPS on February 21
Kraft Heinz (KHC) March 47.50 straddle priced for move of 6% into the expected release of EPS on February 21
Wendy’s (WEN) March 18 straddle priced for move of 7% into the expected release of EPS on February 21
Zillow Group (Z) February 35 straddle priced for move of 13% into the expected release of EPS after the bell on February 21
AutoNation (AN) March 39 straddle priced for move of 7.5% into the expected release of EPS before the open on February 22
Wayfair (W) February weekly 118 straddle priced for move of 11% into the expected release of EPS before the open on February 22
Berkshire Hathaway (BRK/B) February weekly 205 straddle priced for move of 2.5% into the expected release of EPS after the bell on February 22

General Motors (GM) February weekly call option implied volatility is at 22, March is at 23; compared to its 52-week range of 20 to 46 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 23.
Goldman Sachs Group (GS) February weekly call option implied volatility is at 24, March is at 23; compared to its 52-week range of 15 to 50 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter

.

JPMorgan Chase (JPM) February weekly call option implied volatility is at 18, March is at 17; compared to its 52-week range of 15 to 41 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder

.

Johnson & Johnson (JNJ) February weekly call option implied volatility is at 13, March is at 14; compared to its 52-week range of 12 to 34 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter

.

Kraft Heinz Co (KHC) March call option implied volatility is at 33, April is at 26; compared to its 52-week range of 18 to 39 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

The Coca-Cola Co (KO) February weekly call option implied volatility is at 15, March is at 14; compared to its 52-week range of 11 to 26 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

Liberty Global PLC Class A (LBTYA) March call option implied volatility is at 33, April is at 31; compared to its 52-week range of 29 to 65 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

The lower the implied volatility, the lower the options premium.

Increasing unusual option volume: MTW IEMG KAR EPI KNDI PRO ETM ARLO NOG NUS ZNGA
Increasing unusual call option volume: MTW EPI HSBC KNDI NOG ARLO GDDY WIX CHTR
Increasing unusual put option volume: IAG GRMN EPI PWR ZNGA GDDY KNDI INFN
Popular stocks with increasing unusual: LLY FCX KO EBAY SNAP CVS
Options with decreasing option implied volatility: NWL VALE UNG COTY PCG ICPT YELP FOSL GOOS TWLO CRON TRIP ACB ATVI
Active options: AAPL LLY FB F AMD BAC CVS TSLA WMT NFLX MU SNAP NVDA BABA AMZN EBAY JD MSFT FCX KO