Pre-Market IV Report July 22, 2020

Pre-Market IV Report July 22, 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: OPK TGT EBAY APHA APT FSLY SONO SPOT TWLO PDD FE SLV

Options expected to have increasing volume: TSLA MSFT TXN SNAP UAL FE SNAP BBY CMG BIIB T LVS

Tesla (TSLA) July weekly call option implied volatility is at 192, August is at 105; compared to its 52-week range of 33 to 154 into the expected release of quarter results today after the bell. Call put ratio 1.9 calls to 1 put.

Microsoft (MSFT) July weekly call option implied volatility is at 73, August is at 39; compared to its 52-week range of 15 to 90 into the expected release of quarter results today after the bell. Call put ratio 3.1 calls to 1 put with focus on July weekly calls.

Chipotle (CMG) July weekly call option implied volatility is at 85, August is at 43; compared to its 52-week range of 20 to 125 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.2 puts as shares near record high into quarter results.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 40; compared to its 52-week range of 22 to 158 as gold trades above $1850. Call put ratio 2.2 calls to 1 put.

United States Oil Fund (USO) July weekly call option implied volatility is at 33, August is at 33; compared to its 52-week range of 23 to 247 as WTI oil trades above $41.

FirstEnergy (FE) August call option implied volatility is at 59, September is at 49; compared to its 52-week range of 14 to 98 amid Ohio probe. Call put ratio 8.4 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Biogen (BIIB) July weekly 280 straddle priced for a move of 5% into the expected release of quarter results today before the bell.

Canadian Pacific (CP) August 270 straddle priced for a move of 6.5% into the expected release of quarter results today.

Chipotle (CMG) July weekly 1165 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

CSX (CSX) July weekly 72.50 straddle priced for a move of 6% into the expected release of quarter results today after the bell.

Las Vegas Sands (LVS) July weekly 48 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

Melco Resorts (MLCO) August 17 straddle priced for a move of 17% into the expected release of quarter results before the bell on July 22.

Microsoft (MSFT) July weekly 210 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell.

PG&E (PCG) July weekly 9.5 straddle priced for a move of 5% into the expected release of quarter results today.

Spirit (SAVE) August 16.5 straddle priced for a move of 24% into the expected release of quarter results today.

Tesla (TSLA) July weekly 1570 straddle priced for a move of 15% into the expected release of quarter results today after the bell.

Whirlpool (WHR) July weekly 144 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.

Alaska Air Group (ALK) August 35 straddle priced for a move of 14% into the expected release of quarter results before the bell on July 23.

AT&T (T) July weekly 30 straddle priced for a move of 4% into the expected release of quarter results before the bell on July 23.

AutoNation (AN) August 45 straddle priced for a move of 8% into the expected release of quarter results before the bell on July 23.

Bank of OZK (OZK) August 25 straddle priced for a move of 13% into the expected release of quarter results after the bell on July 23.

Blackstone (BX) July weekly 57 straddle priced for a move of 3.5% into the expected release of quarter results before the bell on July 23.

Boston Beer (SAM) August 650 straddle priced for a move of 13% into the expected release of quarter results on July 23.

Expedia (EXPE) July weekly 87.50 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on July 23.

Hershey (HSY) July weekly 137 straddle priced for a move of 7% into the expected release of quarter results on July 23.

Intel (INTC) a July weekly 61 straddle priced for a move of 5% into the expected release of quarter results after the bell on July 23.

Kimberly-Clark (KMB) July weekly 144 straddle priced for a move of 5% into the expected release of quarter results before the bell on July 23.

Live Nation (LYV) August 50 straddle priced for a move of 14% into the expected release of quarter results on July 23.

Mattel (MAT) July weekly 11 straddle priced for a move of 19% into the expected release of quarter results after the bell on July 23.

Nucor (NUE) July weekly 42 straddle priced for a move of 4% into the expected release of quarter results before the bell on July 23.

PulteGroup (PHM) July weekly 37.50 straddle priced for a move of 6% into the expected release of quarter results on July 23.

Royal Caribbean (RCL) July weekly 53 straddle priced for a move of 8% into the expected release of quarter results before the bell on July 23.

Skechers (SKX) July weekly 29.50 straddle priced for a move of 15% into the expected release of quarter results after the bell on July 23.

Options with decreasing option implied volatility: GS FDX FXI C HTZ CRBP CVM NBL
Increasing unusual option volume: FE WKHS OMI CLNY ATNM
Increasing unusual call option volume: FE RSX CLNY WKHS ATNM
Increasing unusual put option volume: MXEF NBEV OPK GDS GES TER
Popular stocks with increasing volume: NIO MSFT AAL OPK DKNG ROKU
Active options: BAC AAPL SNAP MSFT TSLA AMD SPCE BA NIO GE AMZN WFC FB BABA JPM IBM AAL OPK DKNG ROKU
Global S&P Futures recently down 0.3% premarket, Nikkei slightly down 0.5%, DAX down 0.5%, WTI Crude oil recently at $41.25, natural gas down 1.5%, gold at $1848 an ounce