Pre-Market IV Report January 22, 2020

Pre-Market IV Report January 22, 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: S EBAY TWTR T NVAX KPTI BYND IRBT ACB PTON PBYI WMT IBM PTON LK IRBT SPCE PINS SPCE FLR

Options expected to have increasing volume: LVS ABT UAL COST COH LUV INTC NFLX IQ IBM SLB

Epidemics are in the news. The coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Option implied volatility for stocks that could be impacted as China seeks to contain coronavirus outbreak

Wynn Resorts Ltd (WYNN) January weekly call option implied volatility is at 43, February is at 40; compared to its 52-week range of 31 to 57 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Las Vegas Sands (LVS) January weekly call option implied volatility is at 33, February is at 31; compared to its 52-week range of 22 to 40.

MGM Resorts (MGM) January weekly call option implied volatility is at 28, February is at 29; compared to its 52-week range of 20 to 41. Call put ratio 1 call to 4.3 puts.

Melco Resorts (MLCO) January weekly call option implied volatility is at 38, February is at 37; compared to its 52-week range of 31 to 49. Call put ratio 4.8 calls to 1 put.

Royal Caribbean Cruises (RCL) January weekly call option implied volatility is at 29, February is at 29; compared to its 52-week range of 20 to 39 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China. Call put ratio 1 call to 3.3 puts.

Carnival Cruise Lines (CCL) January weekly call option implied volatility is at 23, February is at 20; compared to its 52-week range of 18 to 36

Norwegian Cruise Line (NCLH) February call option implied volatility is at 25, March is at 26; compared to its 52-week range of 20 to 40

Choice Hotels (CHH) February call option implied volatility is at 22, March is at 20; compared to its 52-week range of 16 to 34 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Host Hotels & Resorts (HST) February call option implied volatility is at 17, March is at 15; compared to its 52-week range of 17 to 32. Call put ratio 7.6 calls to 1 put.

Marriott (MAR) January weekly call option implied volatility is at 26, February is at 22; compared to its 52-week range of 17 to 35

Hilton (HLT) February call option implied volatility is at 24, March is at 22; compared to its 52-week range of 18 to 31. Call put ratio 1 call to 17 puts.

United Airlines (UAL) January weekly call option implied volatility is at 73, February is at 32; compared to its 52-week range of 20 to 36 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Delta (DAL) January weekly call option implied volatility is at 32, February is at 23; compared to its 52-week range of 20 to 34

Southwest Airlines (LUV) January weekly call option implied volatility is at 62, February is at 27; compared to its 52-week range of 18 to 35

American Airlines (AAL) January weekly call option implied volatility is at 81, February is at 42; compared to its 52-week range of 29 to 48

Alaska Air Group (ALK) January weekly call option implied volatility is at 28, February is at 25; compared to its 52-week range of 21 to 36

Expedia (EXPE) January weekly call option implied volatility is at 30, February is at 40; compared to its 52-week range of 20 to 41 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Booking Holdings (BKNG) January weekly call option implied volatility is at 27, February is at 22; compared to its 52-week range of 17 to 40

TripAdvisor (TRIP) January weekly call option implied volatility is at 29, February is at 51; compared to its 52-week range of 29 to 62

trivago (TRVG) January weekly call option implied volatility is at 56, March is at 60; compared to its 52-week range of 51 to 91

Luxury Good Retailers

Tapestry (TPR) January weekly call option implied volatility is at 26, February is at 44; compared to its 52-week range of 25 to 60 after China virus outbreak. Call put ratio 1 call to 2.2 puts.

Capri Holdings (CPRI) January weekly call option implied volatility is at 35, February is at 53; compared to its 52-week range of 31 to 69 after China virus outbreak. Call put ratio 1 call to 1.2 puts.

Novavax (NVAX) 30-day option implied volatility is at 223; compared to its 52-week range of 85 to 350 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China.

Lakeland (LAKE) February call option implied volatility is at 105, March is at 76; compared to its 52-week range of 20 to 63 as the coronavirus claimed its first confirmed case in the U.S. after taking a number of lives in mainland China. Lakeland manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. Call put ratio 72 calls to 1 put.

Options with decreasing option implied volatility: SIG FIVE BBBY GME RAD FDX APA TGTX IOVA SIG
Increasing unusual option volume: NVAX BCRX KEX ITA AR JCI HTHT YETI MX LAKE FTI
Increasing unusual call option volume: BCRX NVAX JCI YETI BK EAF RIGL LAKE
Increasing unusual put option volume: AR NVAX EMN HLT KEX BGS HL
Popular stocks with increasing unusual: BYND ROKU LK S
Active options: AAPL TSLA NIO NFLX AMD BA BYND MSFT UBER AMZN BABA ROKU FB S IBM BAC INTC MU LK SNAP
Global S&P Futures are recently up 12.25 from previous day. Nikkei 225 up 0.9%, DAX up 0.2%, WTI Crude oil is recently at $57.97, natural gas up 0.6%, gold at $1556 an ounce