Pre-Market IV Report January 27, 2020

Pre-Market IV Report January 27, 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: WMT SNAP TWTR EXPE LK LVS S TECK EBAY LK PBYI FLR HLF KHC IQ APT CBB

Options expected to have increasing volume: AGN WHR KO CPRI HLT MAR

Stocks option implied volatility expected to spike as pre-market stocks prices and international stocks markets are lower

Boeing (BA) January weekly call option implied volatility is at 44, February is at 33; compared to its 52-week range of 23 to 46 into reports Boeing passenger plane crashes in Afghanistan. Quarter results are expected on January 29.

United States Oil Fund (USO) January weekly call option implied volatility is at 34, February is at 31; compared to its 52-week range of 22 to 47 as WTI Crude trades below $53.

Option implied volatility; China attempts to prevent spread of coronavirus

Yum China (YUMC) February call option implied volatility is at 34, March is at 31; compared to its 52-week range of 22 to 50 as

Luckin Coffee Inc. (LK) January weekly call option implied volatility is at 105, February is at 55; compared to its 52-week range of 53 to 140

Starbucks (SBUX) January weekly call option implied volatility is at 41, February is at 26; compared to its 52-week range of 15 to 39 into the expected release of quarter results after the bell on January 28 and China attempts to prevent spread of coronavirus.

Disney (DIS) January weekly call option implied volatility is at 21, February is at 27; compared to its 52-week range of 12 to 26 after Shanghai Disney Resort closed until further notice as coronavirus death toll climbs to 80.

Novavax (NVAX) February call option implied volatility is at 164, March is at 133; compared to its 52-week range of 85 to 350 as coronavirus death toll climbs to 80.

Lakeland Industries (LAKE) February call option implied volatility is at 111, March is at 81; compared to its 52-week range of 34 to 133 as coronavirus death toll climbs to 80.

Alpha Pro Tech Ltd. (APT) February call option implied volatility is at 124, March is at 123; compared to its 52-week range of 40 to 149 as China attempts to prevent spread of coronavirus.

Alibaba (BABA) January weekly call option implied volatility is at 31, February is at 34; compared to its 52-week range of 22 to 43

Wynn Resorts (WYNN) January weekly call option implied volatility is at 58, February is at 47; compared to its 52-week range of 31 to 56 into the expected release of quarter results on January 28 and coronavirus spreads.

Las Vegas Sands (LVS) January weekly call option implied volatility is at 53, February is at 38; compared to its 52-week range of 23 to 40 into the expected release of quarter results after the bell on January 29 and coronavirus spreads.

MGM Resorts (MGM) January weekly call option implied volatility is at 28, February is at 33; compared to its 52-week range of 20 to 41

Melco Resorts (MLCO) January weekly call option implied volatility is at 38, February is at 40; compared to its 52-week range of 31 to 49

United Airlines (UAL) January weekly call option implied volatility is at 33, February is at 30; compared to its 52-week range of 20 to 36

Delta (DAL) January weekly call option implied volatility is at 28, February is at 27; compared to its 52-week range of 20 to 34

Southwest Airlines (LUV) January weekly call option implied volatility is at 24, February is at 22; compared to its 52-week range of 18 to 35 as the coronavirus death toll climbs.

American Airlines (AAL) January weekly call option implied volatility is at 41, February is at 38; compared to its 52-week range of 29 to 48

Alaska Air Group (ALK) January weekly call option implied volatility is at 30, February is at 27; compared to its 52-week range of 21 to 36

Expedia (EXPE) January weekly call option implied volatility is at 30, February is at 44; compared to its 52-week range of 20 to 40

Huazhu Group (HTHT) February call option implied volatility is at 54, March is at 51; compared to 52-week range of 33 to 62 as China extends Lunar New Year to holiday by 3 days to February 2.

Marriott (MAR) January weekly call option implied volatility is at 25, February is at 25; compared to its 52-week range of 17 to 35 as China scrambles to contain “strengthening” virus.

Hilton (HLT) February call option implied volatility is at 28, March is at 23; compared to its 52-week range of 18 to 31

iShares China Large-Cap (FXI) 30-day call option implied volatility is at 22; compared to its 52-week range of 15 to 26

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day call option implied volatility is at 23; compared to its 52-week range of 17 to 36 as China Premier visits virus hot zone in Wuhan.

Straddle prices for stocks expected to report quarterly results this week

Allegan (AGN) January weekly 187 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 27
Whirlpool (WHR) January weekly 150 straddle priced for a move of 5.5% into the expected release of quarter results on January 27
3M (MMM) January weekly 177.50 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on January 28
Advanced Micro Devices (AMD) January weekly 50.50 straddle priced for a move of 9% into the expected release of quarter results after the bell on January 28
Alaska Air (ALK) February 66.50 straddle priced for a move of 7% into the expected release of quarter results on after the bell on January 28
Apple (AAPL) January weekly 320 straddle priced for a move of 5.5% into the expected release of quarter results after the bell on January 28
Canadian National Railways (CNI) February 95 straddle priced for a move of 4% into the expected release of quarter results on January 29
eBay (EBAY) January weekly 35.50 straddle priced for a move of 5.7% into the expected release of quarter results after the bell on January 28
Harley-Davidson (HOG) January weekly 35 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on January 28
Juniper (JNPR) January weekly 24.50 straddle priced for a move of 5.5% into the expected release of quarter results on January 28
Lockheed Martin (LMT) January weekly 432.50 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 28
Nucor (NUE) January weekly straddle priced for a move of 3% into the expected release of quarter results on before the bell on January 28
Pfizer (PFE) January weekly 40 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 28
Polaris (PII) February 90 straddle priced for a move of 9% into the expected release of quarter results on before the bell on January 28
Royal Caribbean (RCL) January weekly 125 straddle priced for a move of 5.5% into the expected release of quarter results on before the bell on January 28
SAP (SAP) January weekly 140 straddle priced for a move of 5.5% into the expected release of quarter results on January 28
Starbucks (SBUX) January weekly 92 straddle priced for a move of 4.5% into the expected release of quarter results after the bell on January 28
United Technologies (UTX) January weekly 155 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on January 28
Wynn Resorts (WYNN) January weekly 135 straddle priced for a move of 7.5% into the expected release of quarter results on January 28
Xerox (XRX) February 35 straddle priced for a move of 8% into the expected release of quarter results on before the bell on January 28
Xilinx (XLNX) January weekly 101 straddle priced for a move of 7% into the expected release of quarter results after the bell on January 28
Allegiant (ALGT) February 175 straddle priced for a move of 8% into the expected release of quarter results after the bell on January 29
Anthem (ANTM) January weekly 297.50 straddle priced for a move of 4% into the expected release of quarter results on January 29
Archer-Daniels Midland (ADM) January weekly straddle priced for a move of 3.5% into the expected release of quarter results on after the bell on January 29
AT&T (T) January weekly 38.50 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on January 29
Boeing (BA) January weekly 322.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on January 29
Brinker (EAT) February 45 straddle priced for a move of 7.5% into the expected release of quarter results on before the bell on January 29
Canadian Pacific (CP) February 260 straddle priced for a move of 4.5% into the expected release of quarter results on January 29
Cirrus Logic (CRUS) January weekly 83 straddle priced for a move of 9% into the expected release of quarter results after the bell on January 29
Cree (CREE) January weekly 52 straddle priced for a move of 9.5% into the expected release of quarter results after the bell on January 29
Extreme Networks (EXTR) February 7 straddle priced for a move of 13% into the expected release of quarter results on before the bell on January 29
Facebook (FB) January weekly 218 straddle priced for a move of 6% into the expected release of quarter results after the bell on January 29
General Dynamics (GD) January weekly 185 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 29
General Electric (GE) January weekly 11.50 straddle priced for a move of 7% into the expected release of quarter results before the bell on January 29
Illumina (ILMN) January weekly 320 straddle priced for a move of 5% into the expected release of quarter results on after the bell on January 29
Las Vegas Sands (LVS) January weekly 68 straddle priced for a move of 6% into the expected release of quarter results after the bell on January 29
Mastercard (MA) January weekly 325 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 29
McDonalds (MCD) January weekly 212.50 straddle priced for a move of 3% into the expected release of quarter results before the bell on January 29
Microsoft (MSFT) January weekly 167.50 straddle priced for a move of 3.5% into the expected release of quarter results after the bell on January 29

Options with decreasing option implied volatility: IBM WFC TGT FDX BBBY SLB PG
Increasing unusual option volume: CSII APT INO TSG PEG DFS YUMC
Increasing unusual call option volume: APT INO DFS PEG TEAM
Increasing unusual put option volume: AMLP YUMC SWN TCOM CARS HZNP NET TAN
Popular stocks with increasing unusual: BYND SNAP GE LK DIS
Active options: AAPL INTC AMD TSLA NFLX BA BABA AMZN MSFT BAC NIO LK FB DIS BYND SNAP NVDA MU GE ROKU
Global S&P Futures are recently down 39.75 from previous day. Nikkei 225 down 2%, DAX down 1.7%, WTI Crude oil is recently at $52.34, natural gas up 3%, gold at $1580 an ounce