Pre-Market IV Report January 3, 2019

Pre-Market IV Report January 3, 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: BKLN IEF XLF KHC TLRY CAH X GE WATT

Options expected to have increasing volume: AAPL INTC AMD LITE QRVO AVGO QCOM CRUS OLED MRVL MU NVDA STM TIF NKE BBY BA CAT DE

Apple (AAPL) lowers guidance

Apple (AAPL) January weekly call option implied volatility is at 37, January is at 36; compared to its 52-week range of 16 to 46 into lower guidance. Call put ratio 1.06 calls to 1 put.

Option implied volatility for Apple suppliers into lower guidance

Universal Display (OLED) 30-day option implied volatility is at 60; compared to its 52-week range of 38 to 89.

Skyworks (SWKS) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 54.

Lumentum (LITE) 30-day option implied volatility is at 59; compared to its 52-week range of 38 to 77.

Qorvo (QRVO) 30-day option implied volatility is at 46; compared to its 52-week range of 27 to 56.

Broadcom (AVGO) 30-day option implied volatility is at 38; compared to its 52-week range of 22 to 48.

Qualcomm (QCOM) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 53.

Cirrus Logic (CRUS) 30-day option implied volatility is at 48; compared to its 52-week range of 30 to 71.

STMicroelectronics NV (STM) 30-day option implied volatility is at 52; compared to its 52-week range of 30 to 55.

Marvell Technology (MRVL) 30-day option implied volatility is at 43; compared to its 52-week range of 26 to 58

Micron (MU) 30-day option implied volatility is at 52; compared to its 52-week range of 34 to 65.

Intel (INTC) 30-day option implied volatility is at 38; compared to its 52-week range of 19 to 45.

Option implied volatility into Apple lowers guidance

Boeing (BA) January weekly call option implied volatility is at 35, January is at 34, February is at 37; compared to its 52-week range of 19 to 46 into lower Apple (AAPL) guidance on declining Chinese growth. Call put ratio 1 call to 1 put.

Caterpillar (CAT) January weekly call option implied volatility is at 40, January is at 37, February is at 38; compared to its 52-week range of 22 to 49 into lower Apple (AAPL) guidance on declining Chinese growth. Call put ratio 1.5 calls to 1 put.

Deere (DE) January weekly call option implied volatility is at 38, January is at 34, February is at 35; compared to its 52-week range of 15 to 44 into lower Apple (AAPL) guidance on declining Chinese growth. Call put ratio 1 call to 1.3 puts.

Best Buy (BBY) January weekly call option implied volatility is at 44, January is at 43, February is at 41; compared to its 52-week range of 24 to 66 into lower Apple (AAPL) guidance on declining Chinese growth. Call put ratio 1 call to 1.77 puts.

Tapestry (TPR) 30-day option implied volatility is at 38; compared to its 52-week range 20 to 59

Tiffany (TIF) 30-day option implied volatility is at 41; compared to its 52-week range 20 to 51

Capri Holdings (CPRI) 30-day option implied volatility is at 50; compared to its 52-week range 24 to 61

Nike (NKE) 30-day option implied volatility is at 31; compared to its 52-week range 17 to 46

Skechers (SKX) 30-day option implied volatility is at 43; compared to its 52-week range 28 to 75

Under Armour (UA) 30-day option implied volatility is at 49; compared to its 52-week range 36 to 89

SPDR Gold Trust (GLD) January weekly call option implied volatility is at 14, January is at 11, February is at 12; compared to its 52-week range of 8 to 14 as gold trends higher. Call put ratio 1.6 calls to 1 put.

Increasing unusual option volume: SBGL AR NCR MTG THC FXA AOS BKS
Increasing unusual call option volume: AR JNK NCR SBGL MTG THC BKS KBE GREK NTAP
Increasing unusual put option volume: RUN FXA AOS LM XRX WATT SAGE BITA WTW GG
Popular stocks with increasing unusual: PBR ECA CSCO
Options with decreasing option implied volatility: COST JNJ FDX NVDA VIX