Pre-Market IV Report July 19, 2018

Pre-Market IV Report July 19, 2018

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: UNIT CREE PLNT TPR EVHC NTAP CSCO SYY WMT SYMC SKX SNAP IBM F BIIB ARNC

Options expected to be active: CSCO AMZN GE HON IBM DPZ EBAY AXP BX MSFT PG ANET JNPR

Amazon.com (AMZN) July call option implied volatility is at 21, August is at 31; compared to its 52-week range of 17 to 52 as stock market value near $900B.

Cisco Systems (CSCO) July call option implied volatility is at 22, August is at 25; compared to its 52-week range of 14 to 38 into reports Amazon (AMZN) not planning to challenge Cisco with switch sales.

Alphabet (GOOGL) July call option implied volatility is at 20, August is at 27: compared to its 52-week range of 14 to 40 into the expected release of EPS on July 23 as shares near record high.

Microsoft (MSFT) July call option implied volatility is at 62, August is at 24; compared to its 52-week range of 14 to 37 into the expected release of EPS after the close on July 19. Call put ratio 3 call to 1 put. Call put ratio 3 call to 1 put.

Skechers (SKX) July call option implied volatility is at 252, August is at 71; compared to its 52-week range of 29 to 72 into the expected release of EPS after the close on July 19. Call put ratio 1.6 calls to 1 put. Call put ratio 1.6 calls to 1 put.

Baker Hughes (BHGE) July call option implied volatility is at 58, August is at 34; compared to its 52-week range of 25 to 48 into the expected release of EPS before the market open on July 20. Call put ratio 3.6 calls to 1 put.

General Electric (GE) July call option implied volatility is at 64, August is at 31; compared to its 52-week range of 15 to 46 into the expected release of EPS before the market open on July 20. Call put ratio 3.7 calls to 1 put.

Honeywell (HON) July call option implied volatility is at 39, August is at 18; compared to its 52-week range of 11 to 28 into the expected release of EPS before the market open on July 20.

Kansas City Southern (KSU) July call option implied volatility is at 54, August is at 26; compared to its 52-week range of 19 to 36 into the expected release of EPS before the market open on July 20.

Schlumberger (SLB) July call option implied volatility is at 46, August is at 26 compared to its 52-week range of 18 to 36 into the expected release of EPS before the market open on July 20. Call put ratio 2 calls to 1 put.

Stanley Black & Decker (SWK) July call option implied volatility is at 69, August is at 27; compared to its 52-week range of 15 to 30 into the expected release of EPS before the market open on July 20. Call put ratio 3.3 calls to 1 put.

Papa John’s (PZZA) July call option implied volatility is at 54, August is at 44; compared to its 52-week range of 22 to 65 after WSJ report founder held merger discussions with Wendy’s (WEN). Call put ratio 1 call to 1.6 puts.

SPDR Gold Trust (GLD) July call option implied volatility is at 12, August is at 11; compared to its 52-week range of 9 to 14 as gold trends lower.

United States Oil Fund (USO) July call option implied volatility is at 29, August is at 26; compared to its 52-week range of 17 to 32 as WTI trades down 1%.

Straddle prices for stocks expected to report results this week

Capital One Financial (COF) July 96 straddle priced for move of 3.6% into the expected release of EPS after the close on July 19

Intuitive Surgical (ISRG) July 527.50 straddle priced for move of 5% into the expected release of EPS today the close

Microsoft (MSFT) July 105 straddle priced for move of 3.6% into the expected release of EPS today after the close

PPG Industries (PPG) July 106 straddle priced for move of 3.3% into the expected release of EPS before the open on July 19

Skechers (SKX) July 33 straddle priced for move of 19% into the expected release of EPS today after the close

Baker Hughes (BHGE) July 33 straddle priced for move of 4% into the expected release of EPS before the open on July 20

Cleveland Cliffs (CLF) July 8.50 straddle priced for move of 7.4% into the expected release of EPS before the open on July 20

General Electric (GE) July 13.50 straddle priced for move of 4.1% into the expected release of EPS before the open on July 20

Honeywell (HON) July 149 straddle priced for move of 2.3% into the expected release of EPS before the open on July 20

Kansas City Southern (KSU) July 106 straddle priced for move of 3.4% into the expected release of EPS before the open on July 20

Schlumberger Ltd. (SLB) July 67 straddle priced for move of 2.7% into the expected release of EPS before the open on July 20

Stanley Black & Decker (SWK) July 138 straddle priced for move of 4.3% into the expected release of EPS before the open on July 20

Increasing unusual option volume: WH GGP TTS PLNT NCLH ADTN CBIO SYNT GPC CTB

Increasing unusual call option volume: GGP NCLH ADTN CBIO HLT OCN DPZ ITB GPC SNA

Increasing unusual put option volume: PLNT GGP CTB CBIO PTC WH PAGP TXT MDR SBGI BKS

Popular stocks with increasing unusual option volume: AAL NXPI SBUX

Options with decreasing option implied volatility: ORCL NKE FOXA AVGO INFY BAC JPM GS IBKR

Cboe Bitcoin July futures up 67 to 7345