Pre-Market IV Report February 5, 2019

Pre-Market IV Report February 5, 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: GPRO NVAX ZNGA CRON ZAYO RL CGC ICPT ACB WTW FL ANF ACB PANW BP CELG DIS STX GOOG CMG SWKS GOOS

Options expected to have increasing volume: GOOGL GOOG GILD STX DIS BP EA XRX CMG GM SPOT

Option implied volatility collapses to low end of range

S&P Dep Receipts (SPY) 30-day implied volatility is at 13, compared to its 52-week range of 9 to 34

PowerShares QQQ Trust (QQQ) 30-day implied volatility is at 18, compared to its 52-week range of 13 to 37

Financial Select Sector SPDR ETF (XLF) 30-day implied volatility is at 16, compared to its 52-week range of 13 to 34

iShares China Large-Cap (FXI) 30-day implied volatility is at 20, compared to its 52-week range of 16 to 33

United States Natural Gas (UNG) 30-day implied volatility is at 30, compared to its 52-week range of 21 to 112

United States Oil Fund (USO) 30-day implied volatility is at 32, compared to its 52-week range of 23 to 62

The Federal Reserve Chairman Powell made a U-turn, going from promising a steady decrease in the size of the Fed balance sheet and continued interest-rate increases to saying neither is assured.

A U-turn as obvious as Powell’s damages the credibility of himself and the Fed.

Powell and his Fed colleagues are monitoring weakening Chinese data.

China stock market closed for week.

Xerox (XRX) February call option implied volatility is at 33, March is at 28; compared to its 52-week range of 23 to 60 into a company hosted investor day on February 5. Call put ratio 4.8 calls to 1 put with focus on February 29 calls.

Texas Instruments (TXN) February weekly call option implied volatility is at 23, February is at 22; compared to its 52-week range of 18 to 45. Call put ratio 1 call to 1.45 puts into hosting a capital management strategy 2019 webcast on February 5.

Charles Schwab (SCHW) February weekly call option implied volatility is at 26, February is at 22; compared to its 52-week range of 22 to 45. Call put ratio 1 call to 1.4 puts into a winter business update on February 5.

Straddle prices for stocks expected to report results this week

Allstate (ALL) February 87.50 straddle priced for move of 4% into the expected release of EPS after the bell on February 5

Archer-Danial’s (ADM) February weekly 45 straddle priced for move of 4% into the expected release of EPS before the open on February 5
Ashland (ASH) February weekly 75 straddle priced for move of 6.5% into the expected release of EPS after the bell on February 5
Becton Dickinson (BDX) February weekly 247.50 straddle priced for move of 3.5% into the expected release of EPS before the open on February 5
Chubb (CB) February 135 straddle priced for move of 3% into the expected release of EPS after the bell on February 5
Container Store (TCS) February 7 straddle priced for move of 18% into the expected release of EPS after the bell on February 5
Electronic Arts (EA) February weekly 89 straddle priced for move of 9.5% into the expected release of EPS after the bell on February 5
Ralph Lauren (RL) February weekly 115 straddle priced for move of 7.5% into the expected release of EPS before the open on February 5
Shutterfly (SFLY) February 45 straddle priced for move of 11% into the expected release of EPS after the bell on February 5
Skyworks (SWKS) February weekly 75 straddle priced for move of 7% into the expected release of EPS after the bell on February 5
Spirit Airlines (SAVE) February 62.50 straddle priced for move of 7% into the expected release of EPS after the bell on February 5
SNAP (SNAP) February weekly 7 straddle priced for move of 15% into the expected release of EPS after the bell on February 5

Twenty-First Century Fox (FOX) February 49 straddle priced for move of 3% into the expected release of EPS on February 5

American International Group (AIG) February weekly 44 straddle priced for move of 3% into the expected release of EPS before the bell on February 6
Canada Goose (GOOS) February weekly 53 straddle priced for move of 6.5% into the expected release of EPS on February 6
General Motors (GM) February weekly 39 straddle priced for move of 5% into the expected release of EPS before the bell on February 6
GlaxoSmithKline (GSK) February weekly 39 straddle priced for move of 3% into the expected release of EPS on February 6

Goodyear Tire (GT) February weekly 21 straddle priced for move of 5% into the expected release of EPS on February 6

GoPro (GPOR) February weekly 8.50 straddle priced for move of 6.5% into the expected release of EPS after the close on February 6
Carlyle (CG) February 20 straddle priced for move of 5% into the expected release of EPS before the open on February 6

NXP Semiconductor (NXPI) February weekly 89 straddle priced for move of 6.5% into the expected release of EPS after the close on February 6

Spotify (SPOT) February weekly 139 straddle priced for move of 9% into the expected release of EPS before the open on February 6
Chipotle (CMG) February weekly 527.50 straddle priced for move of 5% into the expected release of EPS on February 6
Zynga (ZNGA) February weekly 4.5 straddle priced for move of 9% into the expected release of EPS on February 6
Humana (HUM) February weekly 305 straddle priced for move of 3.5% into the expected release of EPS on February 6
Viacom (VIAB) February weekly 29.50 straddle priced for move of 5% into the expected release of EPS before the open on February 6
Walt Disney (DIS) February weekly 112 straddle priced for move of 2.5% into the expected release of EPS on February 6
WellCare (WCG) February weekly 280 straddle priced for move of 5% into the expected release of EPS before the open on February 6

Increasing unusual option volume: EOLS MXWL PAGP PBI PKI ARRY ASND NCR AMG MMC
Increasing unusual call option volume: EOLS PAGP MAT THS ARRY NCR SLM SUN CTXS
Increasing unusual put option volume: PBI AVP OON MMC WU AIG CERN BABY EL APA
Popular stocks with increasing volume: XRX SPOT SNAP ACB EBAY CRON
Options with decreasing option implied volatility: IBM AAPL UNG CELG PCG BOIL EXTR AXDX KEM SYY CLX ON ALXN SYMC BX AMC ET TNA UNG