Pre-Market IV Report January 8, 2020

Pre-Market IV Report January 8, 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: BYND SUPN EDIT IRBT GRUB YELP TWTR SNAP TPR CLF WBA BBBY LEN CLF HAS S NOK TWTR T NOK PTON SKT MDR

Options expected to have increasing volume: BA SPR USO GDX GLD WBA BBBY LEN LK

Boeing 737 jet crashes in Iran killing all 176 passengers

Boeing (BA) January weekly call option implied volatility is at 28, January is at 26, February is at 29; compared to its 52-week range of 23 to 41 into Ukraine-bound Boeing 737 jet crashes in Iran killing all 176 passengers.

Spirit AeroSystems (SPR) January call option implied volatility is at 29, February is at 32; compared to its 52-week range of 21 to 41 into Ukraine-bound Boeing 737 jet crashes in Iran killing all 176 passengers.

Luckin Coffee (LK) January weekly call option implied volatility is at 79, January is at 87, February is at 83; compared to its 52-week range of 53 to 120 into files to sell $400M of convertible senior notes due 2025.

Beyond Meat (BYND) January weekly call option implied volatility is at 86, January is at 70, February is at 57; compared to its 52-week range of 47 to 141 after shares rallied 11% on renewed McDonalds (MCD) reports. Call put ratio 3 calls to 1 put.

Apache Corp. (APA) January weekly call option implied volatility is at 65, January is at 50; February is at 44; compared to its 52-week range of 32 to 73 as shares rally after Suriname discovery. Call put ratio 1.2 calls to 1 put.

Market Vectors Semiconductor ETF (SMH) January weekly call option implied volatility is at 23, January is at 22, February is at 22; compared to its 52-week range of 20 to 36 as shares near record high on CES 2020 Las Vegas.

Nvidia (NVDA) January weekly call option implied volatility is at 31, January is at 30, February is at 34; compared to its 52-week range of 28 to 60.

Intel (INTC) January weekly call option implied volatility is at 23, January is at 20, February is at 24; compared to its 52-week range of 19 to 38.

Micron (MU) January weekly call option implied volatility is at 41, January is at 37, February is at 36; compared to its 52-week range of 31 to 59. Call put ratio 3 calls to 1 put with focus on January weekly 57 and 57.50 calls.

Option Implied Volatility for Aerospace into Ukrainian Airlines Crash and Iran Conflict

Raytheon (RTN) 30-day call option implied volatility is at 23; compared to its 52-week range of 16 to 32
United Technologies (UTX) 30-day call option implied volatility is at 21; compared to its 52-week range of 15 to 30
Northrop Grumman (NOC) 30-day call option implied volatility is at 25; compared to its 52-week range of 17 to 32
Lockheed Martin (LMT) 30-day call option implied volatility is at 21; compared to its 52-week range of 14 to 29
General Dynamics (GD) 30-day call option implied volatility is at 22; compared to its 52-week range of 14 to 31
Boeing (BA) 30-day call option implied volatility is at 31; compared to its 52-week range of 22 to 41
Honeywell (HON) 30-day call option implied volatility is at 19; compared to its 52-week range of 14 to 30
Spirit AeroSystems (SPR) 30-day call option implied volatility is at 33; compared to its 52-week range of 21 to 41
General Electric (GE) 30-day call option implied volatility is at 37; compared to its 52-week range of 27to 68
NVIDIA (NVDA) 30-day call option implied volatility is at 31; compared to its 52-week range of 28 to 60

Straddle prices for stocks expected to report quarterly results this week

Bed Bath & Beyond (BBBY) January weekly 17 straddle priced for a move of 13% into the expected release of quarter results after the bell on January 8

Walgreens Boots (WBA) January weekly 59.50 straddle priced for a move of 4% into the expected release of quarter results on January 8

Constellation Brands (STZ) January 182.50 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on January 8

Lennar (LEN) January weekly 57 straddle priced for a move of 4% into the expected release of quarter results before the bell on January 8

KB Home (KBH) January 36 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on January 9

Infosys (INFY) January 10 straddle priced for a move 7% of into the expected release of quarter results before the bell on January 10

SPY option implied volatility is near low end of ten-year range, amidst heightened middle east tensions.

Retaliation. Escalation.

Options with decreasing option implied volatility: RH CLVS FDX RAD APA APLS ARQL MLNX
Increasing unusual option volume: APLS HRTX EXPR TCOM CY BAM AMPE GEL HIMX PTCT
Increasing unusual call option volume: AMPE TCOM HIMX APLS ALL HRTX PTCT
Increasing unusual put option volume: GEL EXPR CY KNX APLS CBOE MGI
Popular stocks with increasing unusual: UBER SQ APA NIO
Active options: TSLA AAPL MU AMD NIO FB BA BYND AMZN BAC GE GM UBER T MSFT NFLX JPM SQ APA NVDA
Global S&P Futures are recently down 1.75 from previous day. Nikkei 225 down 1.5%, DAX down 0.6%, WTI Crude oil is recently at $62.91, natural gas up 0.1%, gold at $1584 an ounce