Pre-Market IV Report July 9, 2020

Pre-Market IV Report July 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: NIO ALT JMIA UA ETSY ET ASHR SQ BABA WMT TTWO SQ SRNE GSX OPK MRNA PDD EBAY FSLY BLNK SPOT GSX

Options expected to have increasing volume: BBBY WBA NCLH CCL RCL SAP

China stocks trend higher

Krsh Csi Ch Intern (KWEB) 30-day option implied volatility is at 41; compared to its 52-week range of 23 to 82. Call put ratio 1 call to 1 put.

Vehicle IV

Tesla (TSLA) July (10) weekly call option implied volatility is at 70, July is at 75, August is at 87; compared to its 52-week range of 33 to 154. Call put ratio 1 calls to 1.1 puts.

NIO Inc. (NIO) July weekly call option implied volatility is at 265. July is at 236, August is at 196; compared to its 52-week range of 76 to 221. Call put ratio 2.1 calls to 1 put.

Workhorse Group (WKHS) July call option implied volatility is at 204, August is at 188; compared to its 52-week range of 102 to 286. Call put ratio 3.7 calls to 1 put.

Nikola (NKLA) July weekly call option implied volatility is at 218, July is at 201, August is at 155; compared to its 52-week range of 67 to 305. Call put ratio 2.8 calls to 1 put.

Plug Power (PLUG) 30-day option implied volatility is at 128; compared to its 52-week range of 54 to 186. Call put ratio 2.7 calls to 1 put as shares at upper end of range.

Ballard Power (BLDP) 30-day option implied volatility is at 101; compared to its 52-week range of 41 to 217 as shares near record high. Call put ratio 3.3 calls to 1 put.

Bloom Energy (BE) 30-day option implied volatility is at 112; compared to its 52-week range of 57 to 238 as shares near record high. Call put ratio 5.3 calls to 1 put.

Boeing (BA) July weekly call option implied volatility is at 74, July is at 69, August is at 71; compared to its 52-week range of 23 to 221 into the expected release of commercial 2020 net orders through June 30, 2020 on July 14, 2020. Call put ratio 2.1 calls to 1 put.

Cruise Line IV into Norwegian Cruise Line files to sell 46.58M ordinary shares for holders

Norwegian Cruise Line (NYSE: NCLH) 30-day option implied volatility is at 105; compared to its 52-week range of 20 to 267 into files to sell 46.5M ordinary shares for holders.

Carnival Corp. (CCL) 30-day option implied volatility is at 98; compared to its 52-week range of 18 to 267 into Norwegian Cruise Line (NCLH) files to sell 46.5M ordinary shares for holders.

Royal Caribbean Cruises (RCL) 30-day option implied volatility is at 100; compared to its 52-week range of 20 to 271 into Norwegian Cruise Line (NCLH) files to sell 46.5M ordinary shares for holders.

Education stocks IV

GSX Techedu Inc. (GSX) July call option implied volatility is at 139, August is at 123; compared to its 52-week range of 61 to 168. Call put ratio 1 call to 2.3 puts with focus on October 70 puts.

TAL Education (TAL) 30-day option implied volatility is at 48; compared to its 52-week range of 30 to 86. Call put ratio 2 calls to 1 put as shares near record high.

New Oriental Education (EDU) 30-day option implied volatility is at 51; compared to its 52-week range of 30 to 71 as shares near record high.

Grand Canyon Education (LOPE) 30-day option implied volatility is at 51; compared to its 52-week range of 24 to 99.

SAP SE (SAP) 30-day option implied volatility is at 33; compared to its 52-week range of 17 to 79 into affirms FY20 outlook. Call put ratio 55 calls to 1 put with focus on December 165 calls.

Altimmune (ALT) July call option implied volatility is at 244, August is at 199; compared to its 52-week range of 89 to 352. Call put ratio 5.6 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Walgreens Boots Alliance (WBA) July weekly 42.50 straddle priced for a move of 7% into the expected release of quarter results today.

Options with decreasing option implied volatility: GPS FDX ZS OXY HTZ
Increasing unusual option volume: CLNE WKHS TIP QD D ANGI
Increasing unusual call option volume: CLNE WKHS AAP QD EB ASHR TME URBN
Increasing unusual put option volume: ERIC EB LEVI JMIA WELL NKLA RUN D NIO
Popular stocks with increasing volume: WMT NKLA NIO JD DIS
Active options: NIO BABA TWTR AAPL TSLA FB NKLA WMT MSFT AAL BA SNAP BAC T AMD SQ AMZN DIS JD NVDA
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX up 0.9%, WTI Crude oil recently at $40.71, natural gas mixed, gold at $1821 an ounce