Pre-Market IV Report July 22, 2019

Pre-Market IV Report July 22, 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 over looked information.

Options with increasing option implied volatility: WMT TTD TWLO VXX GDXJ TEVA SLV RRC QEP NTAP M SYMC DDS CSCO XLP

Options expected to have increasing volume: MU EFX HAL WHR DDS S TSLA

Micron Technology (MU) July weekly call option implied volatility is at 42, August is at 41; compared to its 52-week range of 34 to 65 into upgraded to Buy from Neutral at Goldman Sachs.

Dillard’s (DDS) 30-day option implied volatility is at 64; compared to its 52-week range of 35 to 65 after shares traded sharply higher. Call put ratio 2.2 calls to 1 put as shares trend higher.

Sprint (S) July weekly call option implied volatility is at 120, August is at 77; compared to its 52-week range of 24 to 133 into regulatory approval of T-Mobile (TMUS) deal and the expected release of quarterly results on July 30.

Beyond Meat (BYND) July weekly call option implied volatility is at 57, August is at 80; compared to its 5-week range of 72 to 141. Call put ratio 2.4 calls to 1 put with focus on July weekly 180 calls.

Straddle prices for stocks expected to report quarterly results this week

Crane (CR) August 85 straddle priced for a move of 6.5% into the expected release of quarterly results today after the bell

GNC Holdings (GNC) August 2 straddle priced for a move of 16% into the expected release of quarterly results today before the bell

Haliburton (HAL) July weekly 22 straddle priced for a move of 6% into the expected release of quarterly results today before the bell

Melco Resorts (MLCO) August 24 straddle priced for a move of 8% into the expected release of quarterly results today before the bell

TD Ameritrade (AMTD) July weekly 51.50 straddle priced for a move of 3.5% into the expected release of quarterly results today before the bell

Steel Dynamics (STLD) August 31 straddle priced for a move of 7.5% into the expected release of quarterly results today after the bell

Whirlpool (WHR) July weekly 150 straddle priced for a move of 6% into the expected release of quarterly results today

Snap (SNAP) July weekly 14 straddle priced for a move of 14% into the expected release of quarterly results after the bell on July 23

Chubb (CB) August 150 straddle priced for a move of 2.5% into the expected release of quarterly results after the bell on July 23

Texas Instruments (TXN) July weekly 117 straddle priced for a move of 4.5% into the expected release of quarterly results on July 23

Visa (V) July weekly 180 straddle priced for a move of 2.5% into the expected release of quarterly results on July 23

Biogen (BIIB) July weekly 232.50 straddle priced for a move of 4% into the expected release of quarterly results before the bell on July 23

Travelers (TRV) July weekly 150 straddle priced for a move of 4% into the expected release of quarterly results on July 23

Coca-Cola (KO) July weekly 51 straddle priced for a move of 3% into the expected release of quarterly results before the bell on July 23

Chipotle (CMG) July weekly 745 straddle priced for a move of 6.5% into the expected release of quarterly results after the bell on July 23

Caterpillar (CAT) July weekly 136 straddle priced for a move of 4.5% into the expected release of quarterly results before the bell on July 23

United Technologies (UTX) July weekly 132 straddle priced for a move of 3.5% into the expected release of quarterly results before the bell on July 23

Tesla (TSLA) July weekly 257.50 straddle priced for a move of 7.5% into the expected release of quarterly results after the bell on July 24

Boeing (BA) July weekly 377.50 straddle priced for a move of 2.5% into the expected release of quarterly results before the bell on July 24

Facebook (FB) July weekly 200 straddle priced for a move of 6.5% into the expected release of quarterly results after the bell on July 24

Amazon (AMZN) July weekly 1960 straddle priced for a move of 4.5% into the expected release of quarterly results after the bell on July 25

Alphabet (GOOGL) July weekly 1130 straddle priced for a move of 5% into the expected release of quarterly results after the bell on July 25

Options with decreasing option implied volatility: SKX CRON NFLX CLF ERIC EBAY DPZ MS JNJ ISRG TSM ORCL CSX ABBV AABA

Increasing unusual option volume: IVZ MRKR MDRX WBS TUP ARAY CRCM CRWD NXST AL QEP DDS

Increasing unusual call option volume: IVZ TUP MRKR ZBRB BPMC MDRX SKX BEN CRWD
Increasing unusual put option volume: ARAY EGO RRGB QEP MTCH WDR ATH

Popular stocks with increasing unusual volume: CLF BYND IVZ

Active options: MSFT AAPL MU NFLX TSLA AMZN BA AMD FB INTC BAC T BABA BYND F NVDA CLF IVZ SNAP IBM