Pre-Market IV Report June 12, 2019

Pre-Market IV Report June 12, 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: PCG LULU KR S BB QEP BKLN BBBY RH AVGO GBT NYCB MLNX BKLN

Options expected to have increasing volume: LULU AVGO HRB PLAY MAT HAS MX FIZZ TSLA MDSO

Mattel (MAT) June weekly call option implied volatility is at 43, June is at 40, July is at 37; compared to its 52-week range of 34 to 71 into LA Times report regarding unsolicited offer for company from MGA Entertainment.

Hasbro (HAS) June weekly call option implied volatility is at 27, June is at 25, July is at 24; compared to its 52-week range of 18 to 45 into LA Times report regarding unsolicited offer for Mattel (MAT) from MGA Entertainment.

Tesla (TSLA) June weekly call option implied volatility is at 77, June is at 64, July 62; compared to its 52-week range of 38 to 86 into positive comments by CEO Musk at Annual Shareholder Meeting.

Sprint Corp. (S) June weekly call option implied volatility is at 95, June is at 84; compared to its 52-week range of 24 to 115 after a group of at least 10 state attorneys general filed today a lawsuit to stop the proposed merger of Sprint (S) and T-Mobile (TMUS), Reuters reports. Call put ratio is 1 call to 3.6 puts with focus on June 6 puts.

New York Community Bancorp (NYCB) June call option implied volatility is at 48, July is at 37; compared to its 52-week range of 18 to 45. Call put ratio 1.6 calls to 1 put.

National Beverage (FIZZ) 30 day option implied volatility is at 58; compared to its 52-week range of 33 to 55. Call put ratio 1 call to 7.4 puts with focus on June 45 puts after a 6% sell off.

Grubhub (GRUB) June weekly call option implied volatility is at 62, June is at 49, July is at 46: compared to its 52-week range of 32 to 79 after large rally.

MagnaChip Semiconductor (MX) July call option implied volatility is at 55; compared to its 52-week range of 26 to 96 into raising Q2 revenue guidance.

Medidata (MDSO) June call option implied volatility is at 48, July is at 38; compared to its 52-week range of 26 to 95 into Bloomberg report that company is near buyout by Dassault.

Straddle prices for stocks expected to report quarterly results this week

lululemon athletica (LULU) June weekly 172.50 straddle priced for move of 9.5% into the expected release of quarterly results after the bell on June 12.

RH (RH) June weekly 93 straddle priced for move of 17% into the expected release of quarterly results today after the bell.

Broadcom (AVGO) June weekly 282.50 straddle priced for move of 6.5% into the expected release of quarterly results after the bell on June 13.

Option Implied Volatility for industrial metals

AK Steel (AKS) 30 day option implied volatility is at 69; compared to its 52-week range of 39 to 95

Nucor (NUE) 30 day option implied volatility is at 30; compared to its 52-week range of 22 to 46

Steel Dynamics (STLD) 30 day option implied volatility is at 37; compared to its 52-week range of 25 to 49

U.S. Steel (X) 30 day option implied volatility is at 55; compared to its 52-week range of 34 to 65

ArcelorMittal (MT) 30 day option implied volatility is at 43; compared to its 52-week range of 29 to 53

TimkenSteel (TMST) 30 day option implied volatility is at 54; compared to its 52-week range of 41 to 78

Increasing unusual option volume: NYCB CLDR FCEL FIZZ EROS SHLX SWN CBAY CHS SFLY SVRA DD PLAY PAM
Increasing unusual call option volume: BKLN JD EBAY CHS DDS SFLY GPOR CBAY QEP CNX AWI BOOM
Increasing unusual put option volume: PSTG SWN CLDR FIZZ EROS CHS PLAY DD UTX TELL HDS LYB
Popular stocks with increasing unusual volume: CPB BSX S STT DELL BYND D LLY
Options with decreasing option implied volatility: BKS SFLY CIEN CLDR HOME SFIX SIG PVTL
Active options: AAPL AMD TSLA SWN FB BABA BYND CLDR BAC MSFT AMZN NFLX NVDA GE CRM VZ S QCOM JPM CSCO