Pre-Market IV Report January 17, 2019

Pre-Market IV Report January 17, 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: PCG BOIL LGND UNG TRIP ZNGA IMMU GRPN LQD ACB AKS SPOT TWLO NLSN SNAP FDC MS YELP HLF TSM DB UNFI VF

Options expected to have increasing volume: NFLX MS CX SLB CARS FUL CSX ACB AA FOLD KMI BBT FAST KEY PPG GCI

Netflix (NFLX) January call option implied volatility is at 137, February is at 54; compared to its 52-week range of 25 to 76 into the expected release of EPS after the close on January 17. Call put ratio 1.1 calls to 1 put.

United Natural Foods (UNFI) January call option implied volatility is at 115, February is at 85; compared to its 52-week range of 27 to 87 after hosting an investor day. Call put ratio 4.6 calls to 1 put with focus on January 12.50, 15 and February 17.50 calls.

Ligand Pharma (LGND) January call option implied volatility is at 107, February is at 85; compared to its 52-week range 26 to 92 after a negative Citron Research report.

Wynn Resorts (WYNN) January weekly call option implied volatility is at 45, February is at 48; compared to its 52-week range of 26 to 72 into the expected release of EPS before the on open on January 21.

IBM (IBM) January weekly call option implied volatility is at 41, February is at 29; compared to its 52-week range of 12 to 42 into the expected release of EPS after the market close on January 22.

Johnson & Johnson (JNJ) January weekly call option implied volatility is at 26, February is at 26; compared to its 52-week range of 12 to 34 into the expected release of EPS before the on open on January 22.

Las Vegas Sands (LVS) January weekly call option implied volatility is at 34, February is at 35; compared to its 52-week range of 20 to 64 into the expected release of EPS after the market close on January 22.

Straddle prices for stocks expected to report results this week

American Express (AXP) January 99.50 straddle priced for move of 4.5% into the expected release of EPS after the market close on January 17
Netflix (NFLX) January 350 straddle priced for move of 5.8% into the expected release of EPS after the close on January 17
Morgan Stanley (MS) January 44.50 straddle priced for move of 4% into the expected release of EPS before the open on January 17
Bank OZK (OZK) January 25 straddle priced for move of 12% into the expected release of EPS after the close on January 17
BB&T (BBT) January 48 straddle priced for move of 4% into the expected release of EPS before the open on January 17
Fastenal (FAST) January 55 straddle priced for move of 6% into the expected release of EPS before the open on January 17
KeyCorp (KEY) January 16.50 straddle priced for move of 5% into the expected release of EPS before the open on January 17
Citizens (CFG) January 35 straddle priced for move of 8% into the expected release of EPS before the open on January 18
Kansas City Southern (KSU) January 103 straddle priced for move of 4% into the expected release of EPS before the open on January 18
Schlumberger (SLB) January 41.50 straddle priced for move of 3.6% into the expected release of EPS before the open on January 18
Netflix (NFLX) January 350 straddle priced for move of 5.8% into the expected release of EPS after the close on January 17
State Street (STT) January 70 straddle priced for move of 6% into the expected release of EPS before the open on January 18
SunTrust (STI) January 57.50 straddle priced for move of 3.5% into the expected release of EPS before the open on January 18

Increasing unusual option volume: BCRX MTG FISV BDSI APA LGND LXRX IMMR LGND UNFI
Increasing unusual call option volume: MTG LGND UNFI FL BDSI MRTX FISV
Increasing unusual put option volume: APA IMMR KEM PPG R SM VHC LGND AKS JBLU HST UNFI
Popular stocks with increasing volume: PG MS APA F SNAP
Options with decreasing option implied volatility: NKE FDC STZ FDX CELG BBBY NIHD QEP USAT BHP ARNC CHS RESI FND UAL CMA BK SCHW USB GS UAL
Active options: BAC AAPL GE NVDA FB GS AMZN F SNAP PCG AMD BABA NFLX C MS MSFT TSLA APA MU PG