Pre-Market IV Report June 17, 2020

Pre-Market IV Report June 17, 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: INO NFLX UUP WMT NKLA RIOT DGLY GSX RIOT UVXY VIXY SGMO VXX ITUB FAZ CHK CRBP

Options expected to have increasing volume: DKNG NCLH ORCL CCL

Entertainment and Gaming resorts option implied volatility into Beijing extending travel curbs

Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 65; compared to its 52-week range of 31 to 216 into Beijing extends movement curbs.

Las Vegas Sands (LVS) 30-day option implied volatility is at 52; compared to its 52-week range 22 to 179.

MGM Resorts (MGM) 30-day option implied volatility is at 81; compared to its 52-week range of 22 to 337.

Caesars Entertainment (CZR) 30-day option implied volatility is at 44; compared to its 52-week range 10 to 343.

Melco Resorts (MLCO) 30-day option implied volatility is at 65; compared to its 52-week range of 32 to 158.

DraftKings (DKNG) 30-day option implied volatility is at 91; compared to its 52-week range of 54 to 143 into announces offering of 33M shares of Class A common stock.

Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 128; compared to its 52-week range of 20 to 267 into extending suspension of cruise voyages.

Carnival Corp. (CCL) 30-day option implied volatility is at 125; compared to its 52-week range of 18 to 267 into Norwegian Cruise Line (NCLH) into extending suspension of cruise voyages.

Royal Caribbean Cruises (RCL) 30-day option implied volatility is at 109; compared to its 52-week range of 20 to 271.

Option implied volatility into Federal Reserve Annual Stress Tests

Bank of America (BAC) 30-day option implied volatility is at 58; compared to its 52-week range of 16 to 124

Goldman Sachs (GS) 30-day option implied volatility is at 48; compared to its 52-week range of 18 to 116

Morgan Stanley (MS) 30-day option implied volatility is at 52; compared to its 52-week range of 19 to 120

U.S. Bancorp (USB) 30-day option implied volatility is at 59; compared to its 52-week range of 14 to 121

Capital One Financial (COF) 30-day option implied volatility is at 64; compared to its 52-week range of 17 to 107

Juniper Networks (JNPR) 30-day option implied volatility is at 51; compared to its 52-week range of 21 to 139. Call put ratio 26 calls to 1 put with focus on July weekly (10) 25.5 calls.

IMAX Corp. (IMAX) 30-day option implied volatility is at 84; compared to its 52-week range of 25 to 343. Call put ratio 2.5 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

At Home Group (HOME) June 8 straddle priced for a move of 32% into the expected release of quarter results after the bell on June 18

Darden Restaurants (DRI) June 75 straddle priced for a move of 11% into the expected release of quarter results on June 18.

Kroger (KR) June 32.50 straddle priced for a move of 9% into the expected release of quarter results before the bell on June 18.

Smith & Wesson Brands (SWBI) June 18 straddle priced for a move of 16% into the expected release of quarter results after the bell on June 18.

CarMax (KMX) June 96.50 straddle priced for a move of 10% into the expected release of quarter results before the bell on June 19.

Jabil (JBL) June 33 straddle priced for a move of 12% into the expected release of quarter results before the bell on June 19.

Options with decreasing option implied volatility: SRNE GRUB TWLO TWO IVR
Increasing unusual option volume: NKLA HEAR PUMP FOLD MITT IFF JNPR
Increasing unusual call option volume: HEAR MITT FOLD NKLA JNPR
Increasing unusual put option volume: NKLA CNP GFI HRB
Popular stocks with increasing unusual volume: NKLA HTZ NIO AAL CCL
Active options: AAPL BA TSLA MSFT AAL AMD ROKU NKLA BABA FB GE NIO NVDA PFE WFC HTZ CCL AMZN F
Global S&P Futures recently mixed in premarket, Nikkei down 0.5%, DAX mixed, WTI Crude oil recently at $37.95, natural gas mixed, gold at $1723 an ounce