Pre-Market IV Report February 25, 2020

Pre-Market IV Report February 25, 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: PANW CHK SHAK EWJ EWI XLE AAPL GILD FIT RAD AMRN PLUG APT BLDP LL ZM RH RAD

Options expected to have increasing volume: PANW MRNA MA UAL TUP HPQ SHAK CRM INTU PANW PRU

Gilead Sciences (GILD) 30-day option implied volatility is at 40; compared to its 52-week range of 19 to 39 after positive statements from the World Health Organization that remdesivir may be the only drug right now that may have efficacy in treating the Covid-19 coronavirus. Call put ratio 6.3 calls to 1 put with focus on February weekly calls.

S&P Dep Receipts (SPY) 30-day call option implied volatility is at 22; compared to its 52-week range of 10 to 23

PowerShares QQQ Trust (QQQ) 30-day call option implied volatility is at 26; compared to its 52-week range of 12 to 26.

Market Vectors Gold Miners ETF (GDX) 30-day call option implied volatility is at 31; compared to its 52-week range of 21 to 36. Call put ratio 5.8 calls to 1 put.

Financial Select Sector SPDR ETF (XLF) 30-day call option implied volatility is at 23; compared to its 52-week range of 13 to 26.

Microsoft (MSFT) February weekly call option implied volatility is at 48, March is at 35; compared to its 26-week range of 15 to 32. Call put ratio 2 calls to 1 put.

Facebook (FB) February weekly call option implied volatility is at 41, March is at 32; compared to its 26-week range of 21 to 40.

Netflix (NFLX) February weekly call option implied volatility is at 47, March is at 38; compared to its 26-week range of 27 to 58.

Alphabet (GOOGL) February weekly call option implied volatility is at 35, March is at 27; compared to its 26-week range of 14 to 34.

Amazon (AMZN) February weekly call option implied volatility is at 40, March is at 31; compared to its 26-week range of 17 to 35.

Apple (AAPL) February weekly call option implied volatility is at 47, March is at 35; compared to its 26-week range of 18 to 35 into its company shareholder meeting on February 26.

Virgin Galactic Holdings (SPCE) February weekly call option implied volatility is at 298, March is at 196; 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 1.8 calls to 1 put.

Ishares Msci Italy Capped Etf (EWI) March call option implied volatility is at 30, April is at 25; compared to its 52-week range of 12 to 27 as coronavirus spreads. Call put ratio 1 call to 25 puts with focus on March and June puts.

United Airlines (UAL) 30-day option implied volatility is at 43, compared to its 52-week range of 20 to 43 into lower guidance on Coronavirus.

Capri Holdings Limited (CPRI) 30-day option implied volatility is at 47, compared to its 52-week range of 33 to 69 into unknown impact Coronavirus has on consumption.

Tapestry (TPR) 30-day option implied volatility is at 43, compared to its 52-week range of 26 to 60 into unknown impact Coronavirus has on consumption.

RH (RH) 30-day option implied volatility is at 65, compared to its 52-week range of 32 to 94 into unknown impact Coronavirus has on consumption.

Ralph Lauren (RL) 30-day option implied volatility is at 38, compared to its 52-week range of 24 to 48 into unknown impact Coronavirus has on consumption.

Canada Goose (GOOS) 30-day option implied volatility is at 51, compared to its 52-week range of 39 to 82 into unknown impact Coronavirus has on consumption.

Nautilus (NLS) 30-day option implied volatility is at 173, compared to its 52-week range of 50 to 212. Call put ratio 3.7 calls to 1 put.

Straddle prices for stocks expected to report quarterly results next week

Dillards (DDS) February weekly 60 straddle priced for a move of 12.5% into the expected release of quarter results today

Hertz (HTZ) February weekly 20 straddle priced for a move of 11% into the expected release of quarter results today after the bell

HP (HPQ) February weekly 22.5 straddle priced for a move of 7% into the expected release of quarter results today

American Tower (AMT) February weekly 245 straddle priced for a move of 6% into the expected release of quarter results today

Cheniere Energy (LNG) February weekly 52 straddle priced for a move of 4.5% into the expected release of quarter results today

Home Depot (HD) February weekly 240 straddle priced for a move of 3.5% into the expected release of quarter results today

Macys (M) February weekly 15.50 straddle priced for a move of 8% into the expected release of quarter results today

Planet Fitness (PLNT) March 85 straddle priced for a move of 11.5% into the expected release of quarter results today

RealReal (REAL) March 15 straddle priced for a move of 23% into the expected release of quarter results today after the bell

Salesforce (CRM) February weekly 185 straddle priced for a move of 6% into the expected release of quarter today results after the bell

Smile Direct (SDC) February weekly 12 straddle priced for a move of 24% into the expected release of quarter today results after the bell

Toll Brother (TOL) February weekly 47 straddle priced for a move of 6% into the expected release of quarter results on February 275

WW International (WW) February weekly 37 straddle priced for a move of 14% into the expected release of quarter results on February 25

3D Systems (DDD) February weekly 11.50 straddle priced for a move of 24% into the expected release of quarter results after the bell on February 26

Box (BOX) March 16 straddle priced for a move of 14% into the expected release of quarter results after the bell on February 26

Continental Resources (CLR) February weekly 24 straddle priced for a move of 7% 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 9% into the expected release of quarter results after the bell on February 26

Lowes (LOW) February weekly 123 straddle priced for a move of 7% into the expected release of quarter results before the bell on February 26

Marriott (MAR) February weekly 135 straddle priced for a move of 5% into the expected release of quarter results after the bell on February 26

Nordstrom (JWN) February weekly 39 straddle priced for a move of 4.5% into the expected release of quarter results after the bell on February 26

PG&E (PCG) February weekly 17 straddle priced for a move of 16% into the expected release of quarter results on before the bell on February 26

TJX (TJX) March 62.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on February 26

Anheuser-Busch (BUD) February weekly 69.50 straddle priced for a move of 5.5% into the expected release of quarter results on February 27

Autodesk (ADSK) February weekly 195 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on February 27

Baidu (BIDU) February weekly straddle priced for a move of 6.5% into the expected release of quarter results after the bell on February 27

Cronos (CRON) February weekly 6.5 straddle priced for a move of 9% into the expected release of quarter results on February 27

Dell Technologies (DELL) March 48 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 27

Discovery (DISCA) March 27.50 straddle priced for a move of 7.5% into the expected release of quarter results on February 27

Gap (GPS) February weekly 16 straddle priced for a move of 4.5% into the expected release of quarter results on February 27

IQIYI (IQ) February weekly 24 straddle priced for a move of 11% into the expected release of quarter results after the bell on February 27

VMWare (VMW) February weekly 152 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on February 27

Workday (WDAY) February weekly 177.50 straddle priced for a move of 7.3% into the expected release of quarter results after the bell on February 27

Footlocker (FL) February weekly 37 straddle priced for a move of 11.50% into the expected release of quarter results before the bell on February 28

Wayfair (W) February weekly 75 straddle priced for a move of 15% into the expected release of quarter results on February 28

Options with decreasing option implied volatility: ENPH GRPN STMP S VIAC
Increasing unusual option volume: CNXM EWA XP VOO BBI EWG AFL SEAC
Increasing unusual call option volume: EWG BBI FNV KGC BRFS EGO IAG SEAC
Increasing unusual put option volume: CNXM VOO FXY XP EWJ DXJ
Popular stocks with increasing unusual: SPCE UBER DIS F XOM
Active options: AAPL AMD MSFT TSLA FB BAC GILD SPCE AMZN BABA NVDA MU UBER DIS GE ROKU NFLX F TWTR XOM
Global S&P Futures are recently up 10.55 from previous day. Nikkei 225 down 3.3%, DAX up 0.4 unchanged, WTI Crude oil is recently at $51.61, natural gas mixed, gold at $1649 an ounce