Pre-Market IV Report January 9, 2020

Pre-Market IV Report January 9, 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 TWTR T DERM YELP GRUB SKT AZZ IRBT TGTX GRUB SNAP NOK SKT EEM PTON TSLA

Options expected to have increasing volume: T CHS BBBY COST TSLA AMD GRUB SBUX KO YELP HELE JPM

Tesla (TSLA) January weekly call option implied volatility is at 56, January is at 51, February is at 58; compared to its 52-week range of 34 to 75 as shares at record high. Call put ratio 1.7 calls to 1 put with focus on January weekly and January 490 calls.

Apple (AAPL) January weekly call option implied volatility is at 24, January is at 24, February is at 26; compared to its 52-week range of 18 to 37 as shares at record high. Call put ratio 2.1 calls to 1 put with focus on January and February 300 calls.

S&P Dep Receipts (SPY) January weekly call option implied volatility is at 12, January is at 11, February is at 12; compared to its 52-week range of 10 to 23 into December employment report, EPS season, expected China Phase 1 trade tariff signing on January 15, and Brexit.

PowerShares QQQ Trust (QQQ) January weekly call option implied volatility is at 16, January is at 15, February is at 16; compared to its 52-week range of 12 to 27 into December employment report, EPS season, expected China Phase 1 trade tariff signing on January 15 and Brexit.

iShares Russell 2000 ETF (IWM) January weekly call option implied volatility is at 16, January is at 15, February is at 15; compared to its 52-week range of 12 to 25 into December employment report, EPS season, expected China Phase 1 trade tariff signing on January 15 and Brexit.

Market Vectors Gold Miners ETF (GDX) 30-day call option implied volatility is at 26; compared to its 52-week range of 21 to 36 as gold pulls back from 7-year highs. Call put ratio 1.9 calls to 1 put.

SPDR Gold Trust (GLD) January weekly call option implied volatility is at 18, January is at 15, February is at 13; compared to its 52-week range of 8 to 18 as gold pulls back from 7-year highs. Call put ratio 1.9 calls to 1 put.

United States Oil Fund (USO) 30-day call option implied volatility is at 30; compared to its 52-week range of 23 to 46 as WTI Crude trades below $60.

Health Care Select Sect Fd (XLV) 30 day option implied volatility is at 15; compared to its 52-week range of 11 to 24 into JPMorgan 38th Healthcare Conference January 13 to January 16.

Retailers option implied volatility into the expected release of sales data

Target (TGT) January weekly call option implied volatility is at 26, January is at 37, February is at 26; compared to its 52-week range of 19 to 42 into expected release of store sales.

Abercrombie & Fitch (ANF) January weekly call option implied volatility is at 54, January is at 63, February is at 44; compared to its 52-week range of 37 to 90 into expected release of store sales.

American Eagle Outfitters (AEO) January weekly call option implied volatility is at 55, January is at 53, February is at 39; compared to its 52-week range of 32 to 64 into expected release of store sales. Call put ratio 1 call to 7.6 puts with focus on January 13.50 puts.

PVH Corp (PVH) January call option implied volatility is at 33, February is at 28; compared to its 52-week range of 25 to 65 into expected release of store sales. Call put ratio 16 calls to 1 put with focus on January 105 calls.

L Brands (LB) January weekly call option implied volatility is at 48, January is at 48, February is at 46; compared to its 52-week range of 32 to 83 into expected release of store sales. Call put ratio 1 call to 2.9 puts with focus on January weekly (24) puts.

GameStop (GME) January weekly call option implied volatility is at 65, January is at 90, February is at 69; compared to its 52-week range of 35 to 140 into expected release of store sales.

Lululemon (LULU) January weekly call option implied volatility is at 26, January is at 35, February is at 25; compared to its 52-week range of 24 to 59 into expected release sales data as shares near record high.

GrubHub (GRUB) January weekly call option implied volatility is at 79, January is at 59, February is at 63; compared to its 52-week range of 38 to 79 after WSJ reports weighing strategic options including possible sale. Call put ratio 1.7 calls to 1 put with focus on February 55 and 60 calls.

Electronic Arts (EA) January weekly call option implied volatility is at 25, January is at 22, February is at 28; compared to its 52-week range of 21 to 51. Call put ratio 4.8 calls to 1 put with focus on January weekly 108 calls.

Take-Two Interactive (TTWO) January weekly call option implied volatility is at 31, January is at 27, February is at 31; compared to its 52-week range of 25 to 57. Call put ratio 3.3 calls to 1 put with focus on January 130 calls

FedEx (FDX) January weekly call option implied volatility is at 28, January is at 25, February is at 25; compared to its 52-week range of 21 to 41. Call put ratio 2.9 calls to 1 put with focus on January 160 calls.

Straddle prices for stocks expected to report quarterly results this week

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

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

Options with decreasing option implied volatility: TTD CLVS FDX RAD APA
Increasing unusual option volume: CNXM HELE T JBHT ACOR GRPN GIS VZ YELP GRUB
Increasing unusual call option volume: JBHT T BCRX BKR INSM GRPN STZ GIS CL
Increasing unusual put option volume: CNXM DCPH QURE AMRS ERJ STAA AMC LEN
Popular stocks with increasing unusual: T BBBY LK
Active options: T TSLA AAPL AMD BAC MSFT BYND FB VZ UBER AMZN NFLX MU NIO BABA LK BA BBBY SQ SNAP
Global S&P Futures are recently up 10.00 from previous day. Nikkei 225 up 2.3%, DAX up 1.3%, WTI Crude oil is recently at $59.97, natural gas down 0.7%, gold at $1547 an ounce