Pre-Market IV Report February 21, 2020

Pre-Market IV Report February 21, 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: DBX FIT CHK SPCE BB FSLR LL ALLY SHAK ACN PLUG
Options expected to have increasing volume: BRKB DE FIT SPCE TSLA SDC STMP ZG DBX EHTH FSLR

Virgin Galactic Holdings (SPCE) February call option implied volatility is at 245, March is at 210; compared to its 26-week range of 39 to 223 as Richard Branson’s spaceship company’s share price has wide price movement. Call put ratio 1.3 calls to 1 put with focus on February 40 calls and puts.

Micron Technology (MU) February call option implied volatility is at 40, March is at 39; compared to its 26-week range of 31 to 59. Call put ratio 1.9 calls to 1 put.

Hotel and cruise ship option implied volatility amid Coronavirus outbreak

Marriott (MAR) February call option implied volatility is at 24, March is at 26; compared to its 52-week range of 17 to 35 amid Coronavirus outbreak.

Hilton (HLT) February call option implied volatility is at 23, March is at 22; compared to its 52-week range of 18 to 33. Call put ratio 6.3 call to 1 put with focus on July 120 calls.

Royal Caribbean Cruises (RCL) February call option implied volatility is at 35, March is at 33; compared to its 52-week range of 20 to 40. Call put ratio 1 call to 4.8 puts with focus on February 105 and 110 puts.

Carnival Cruise Lines (CCL) February call option implied volatility is at 30, March is at 29; compared to its 52-week range of 18 to 36.

Norwegian Cruise Line (NCLH) February call option implied volatility is at 27, March is at 31; compared to its 52-week range of 20 to 40 amid Coronavirus outbreak.

Managed Care Organization stocks into 2020 Elections

Anthem (ANTM) February call option implied volatility is at 36, March is at 30; compared to its 52-week range of 25 to 55.

Centene (CNC) February call option implied volatility is at 36, March is at 33; compared to its 52-week range of 25 to 55.

CVS Health (CVS) February call option implied volatility is at 28, March is at 23; compared to its 52-week range of 18 to 38.

Humana (HUM) February call option implied volatility is at 36, March is at 28; compared to its 52-week range of 20 to 38.

Molina Healthcare (MOH) February call option implied volatility is at 40, March is at 35; compared to its 52-week range of 31 to 56.

UnitedHealth (UNH) February call option implied volatility is at 29, March is at 26; compared to its 52-week range of 18 to 36.

Option implied volatility into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

American Airlines Group (AAL) February call option implied volatility is at 37, March is at 34; compared to its 52-week range of 29 to 49 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Apple Inc. (AAPL) February call option implied volatility is at 23, March is at 24; compared to its 52-week range of 18 to 35 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Bank of America (BAC) February call option implied volatility is at 22, March is at 19; compared to its 52-week range of 17 to 33 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Bank of New York Mellon (BK) February call option implied volatility is at 21, March is at 21; compared to its 52-week range of 18 to 34 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Biogen (BIIB) February call option implied volatility is at 23, March is at 28; compared to its 52-week range of 25 to 54 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Charter Communications (CHTR) February call option implied volatility is at 16, March is at 18; compared to its 52-week range of 17 to 34 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Costco Wholesale (COST) February call option implied volatility is at 16, March is at 21; compared to its 52-week range of 14 to 30 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Delta Air Lines (DAL) February call option implied volatility is at 22, March is at 23; compared to its 52-week range of 20 to 34 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 22.

Straddle prices for stocks expected to report quarterly results next week

Dillards (DDS) February weekly 65 straddle priced for a move of 12.5% into the expected release of quarter results on February 24

Hertz (HTZ) February weekly 20 straddle priced for a move of 10% into the expected release of quarter results after the bell on February 24

HP (HPQ) February weekly 22.5 straddle priced for a move of 6% into the expected release of quarter results on February 24

Intuit (INTU) February weekly 300 straddle priced for a move of 10% into the expected release of quarter results after the bell on February 24

Mylan (MYL) February weekly 21 straddle priced for a move of 9.5% into the expected release of quarter results on February 24

Palo Alto Networks (PANW) February weekly 250 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on February 24

Shake Shack (SHAK) February weekly 77 straddle priced for a move of 14% into the expected release of quarter results after the bell on February 24

Whiting Petroleum (WLL) February weekly 3 straddle priced for a move of 19% into the expected release of quarter results on February 24

American Tower (AMT) February weekly 247.50 straddle priced for a move of 6% into the expected release of quarter results on February 25

Cheniere Energy (LNG) February weekly 55 straddle priced for a move of 4% into the expected release of quarter results before the bell on February 25

Home Depot (HD) February weekly 247 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on February 25

Macys (M) February weekly 16.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on February 25

Planet Fitness (PLNT) March 87.50 straddle priced for a move of 10% into the expected release of quarter results on February 25

RealReal (REAL) March 15 straddle priced for a move of 21% into the expected release of quarter results after the bell on February 25

Salesforce (CRM) February weekly 195 straddle priced for a move of 7% into the expected release of quarter results after the bell on February 25

Smile Direct (SDC) February weekly 12 straddle priced for a move of 22% into the expected release of quarter results after the bell on February 25

Toll Brother (TOL) February weekly 48 straddle priced for a move of 5% into the expected release of quarter results on February 27

WW International (WW) February weekly 38 straddle priced for a move of 9% into the expected release of quarter results on February 25

3D Systems (DDD) February weekly 12.50 straddle priced for a move of 20% into the expected release of quarter results after the bell on February 26

Box (BOX) March straddle priced for a move of 12% into the expected release of quarter results after the bell on February 26

Continental Resources (CLR) February weekly 26 straddle priced for a move of 8% into the expected release of quarter results after the bell on February 26

L Brands (LB) February weekly 23.50 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 26

Lowes (LOW) February weekly 126 straddle priced for a move of 5% into the expected release of quarter results before the bell on February 26

Marriott (MAR) February weekly 147 straddle priced for a move of 4% into the expected release of quarter results after the bell on February 26

Nordstrom (JWN) February weekly 41 straddle priced for a move of 4.5% into the expected release of quarter results after the bell on February 26

Options with decreasing option implied volatility: ENPH BBBY UAA STMP S YELP DDOG SPWR
Increasing unusual option volume: AMKR LL CHD ALLY NYT VSLR ZG SPCE DPZ ETFC MS
Increasing unusual call option volume: AMKR LL ALLY VSLR STMP DK NET ZG PBPB
Increasing unusual put option volume: SPCE HRTX DBX LL EWT PBYI SLM PLT EWJ DPZ
Popular stocks with increasing unusual: VIAC PLUG TLRY ROKU
Active options: SPCE AAPL TSLA AMD MSFT NVDA NIO ROKU BABA AMZN SQ T PLUG INTC ALLY TLRY BAC NFLX MU
Global S&P Futures are recently down 15.00 from previous day. Nikkei 225 down 0.3%, DAX down 0.2%, WTI Crude oil is recently at $53.43, natural gas down 2.1%, gold at $1635 an ounce