Pre-Market IV Report July 24, 2020

Pre-Market IV Report July 24, 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: GLD BYND SPOT FSLY FE TWLO SONO NAK APT SLV GLD IAU ABUS RST

Options expected to have increasing volume: INTC AMD SMH HON SLB TSLA

Option implied volatility rose in all four major indexes.

Intel (INTC) July weekly call option implied volatility is at 100, August is at 33; compared to its 52-week range of 20 to 99 into next generation of chip delay. Call put ratio 1.4 calls to 1 put with focus on July 61 and 62 calls.

Market Vectors Semiconductor ETF (SMH) July weekly call option implied volatility is at 34, August is at 31; compared to its 52-week range of 19 to 91 into Intel (INTC) next generation of chip delay into next generation of chip development delayed.

NIO Inc. (NIO) July weekly call option implied volatility is at 123, August is at 151; compared to its 52-week range of 76 to 221 after Tesla (TSLA) results. Call put ratio 2 calls to 1 put.

Workhorse Group (WKHS) July weekly call option implied volatility is at 114, August is at 128; compared to its 52-week range of 102 to 286 after Tesla (TSLA) results. Call put ratio 1.4 calls to 1 put.

Nikola (NKLA) July weekly call option implied volatility is at 115, August is at 125; compared to its 52-week range of 67 to 305 after Tesla (TSLA) results. Call put ratio 1 call to 1 .1 puts.

Electrameccanica Vehicles (SOLO) 30-day option implied volatility is at 172, August is at 242; compared to its 52-week range of 44 to 400 after Tesla (TSLA) results. Call put ratio 10 calls to 1 put.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 53; compared to its 52-week range of 14 to 94 as silver near a six-year high. Call put ratio 3.3 calls to 1 put.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 20; compared to its 52-week range of 9 to 44 as gold at nine-year high. Call put ratio 3.6 calls to 1 put.

PowerShares QQQ Trust (QQQ) July weekly call option implied volatility is at 31, August is at 30; compared to its 52-week range of 12 to 79 as China stocks trade lower.

Straddle prices for stocks expected to report quarterly results next week

Dish Network (DISH) July weekly 33.50 straddle priced for a move of 19% into the expected release of quarter results before the bell on July 27.

Hasbro (HAS) July weekly 80 straddle priced for a move of 9% into the expected release of quarter results before the bell on July 27.

SAP (SAP) July weekly 160 straddle priced for a move of 8% into the expected release of quarter results on July 27.

NXP Semiconductors (NXPI) July weekly 119 straddle priced for a move of 8% into the expected release of quarter results after the bell on July 27.

3M (MMM) July weekly 160 straddle priced for a move of 6% into the expected release of quarter results before the bell on July 28.

Advanced Micro Devices (AMD) July weekly 60 straddle priced for a move of 9% into the expected release of quarter results after the bell on July 28.

Akamai (AKAM) July weekly 113 straddle priced for a move of 6% into the expected release of quarter results after the bell on July 28.

Amgen (AMGN) July weekly 250 straddle priced for a move of 5% into the expected release of quarter results after the bell on July 28.

Avis (CAR) August 29 straddle priced for a move of 10% into the expected release of quarter results after the bell on July 28.

Chubb (CB) August 135 straddle priced for a move of 7% into the expected release of quarter results after the bell on July 28.

Corning (GLW) July weekly 30 straddle priced for a move of 7% into the expected release of quarter results before the bell on July 28.

FireEye (FEYE) July weekly 13.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on July 28.

Groupon (GRPN) July weekly 16.50 straddle priced for a move of 22% into the expected release of quarter results after the bell on July 28.

Harley-Davidson (HOG) July weekly 29 straddle priced for a move of 9.5% into the expected release of quarter results on July 28.

JetBlue (JBLU) August 11 straddle priced for a move of 17% into the expected release of quarter results before the bell on July 28.

Juniper (JNPR) July weekly 24.50 straddle priced for a move of 9% into the expected release of quarter results after the bell on July 28.

McDonald’s (MCD) July weekly 197.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on July 28.

Mondelez (MDLZ) July weekly straddle priced for a move of 4% into the expected release of quarter results on July 28.

Nabors (NBR) August 45 straddle priced for a move of 28% into the expected release of quarter results after the bell on July 28.

NCR (NCR) August 18 straddle priced for a move of 14% into the expected release of quarter results on July 28.

Options with decreasing option implied volatility: TSLA SNAP TLRY TWTR C HTZ GS FDX NBL NKE CVM NCLH
Increasing unusual option volume: PTEN FE MAT KTOS CBAY WKHS WHR
Increasing unusual call option volume: MAT PTEN FE KTOS CBAY WKHS
Increasing unusual put option volume: FE SKX TUP BNTX WHR ATUS JMIA ERIC
Popular stocks with increasing volume: PFE TWTR SNAP UAL SPCE
Active options: AAPL MSFT TSLA AMD TWTR AAL PFE FB MU NIO AMZN SPCE T BAC INTC BA SNAP NFLX UAL WFC
Global S&P Futures recently mixed to lower premarket, Nikkei mixed, DAX down 1.7%, WTI Crude oil recently at $41.35, natural gas down 1.6%, gold at $1893 an ounce