Pre-Market IV Report June 18, 2018

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 overlooked information.

Options with increasing option implied volatility: SOGU IONS OLED AMJ GME GDX LCI AG XME GDXI NEM DBX WLL

Options expected to have increasing volume: JD ORCL MU FDX LEN DIS

Disney (DIS) June weekly and August call option implied volatility is at 21; compared to its 52-week range of 13 to 33 into downgraded to sell from hold at Pivotal Research.

JD.com (JD) June weekly call option implied volatility is at 37, July is at 32; compared to its 52-week range of 26 to 60 into Google (GOOG) investing $550M cash in JD.com as part of strategic partnership.

Sogou Inc. (SOGO) July call option implied volatility is at 112, October is at 94; compared to its 26-week range of 42 to 102 on wide price movement. Call put ratio 5.1 calls to 1 put.

Discovery Communications (DISCA) July and October call option implied volatility is at 34; compared to its 52-week range of 25 to 61. Call put ratio 4.7 calls to 1 put.

Straddle prices for stocks expected to report results this week
FedEx (FDX) June weekly 265 straddle priced for move of 4% into the expected release of Q4 before the market open on June 19
La-Z-Boy (LZB) July 35 straddle priced for move of 14% into the expected release of Q4 results after the market close on June 19
Oracle (ORCL) June weekly 46 straddle priced for a move of 5.2% into the expected release of Q4 results after the market close on June 19
Barnes & Noble Education (BNED) July 7.5 straddle priced for a move of 30% into the expected release of Q4 results after the market close on June 20
Micron (MU) June weekly 58 straddle priced for a move of 8.3% into the expected release of Q3 results after the market close on June 20
Winnebago (WGO) July 40 straddle priced for move of 12% into the expected release of Q3 before the market open on June 20
Barnes & Noble (BKS) July 6 straddle priced for move of 15% into the expected release of Q4 before the market open on June 21
Commercial Metals (CMC) July 24 straddle priced for move of 9% into the expected release of Q3 before the market open on June 21
Darden Restaurants (DRI) July 92.50 straddle priced for move of 6.5% into the expected release of Q4 before the market open on June 21

Finish Line (FINL) July 13 straddle priced for move of 2.5% into the expected release of Q1 before the market open on June 21
Kroger (KR) June weekly 26 straddle priced for move of 8.4% into the expected release of Q1 before the market open on June 21
Red Hat (RHT) June 175 straddle priced for move of 6.2% into the expected release of Q1 before the market open on June 21
Steelcase (SCS) July 15 straddle priced for move of 10% into the expected release of Q1 before the market open on June 21
Rite Aid (RAD) June weekly 2 straddle priced for move of 19% into the expected release of Q1 before the market open on June 22
CarMax (KMX) June weekly 73 straddle priced for move of 5.8% into the expected release of Q1 before the market open on June 22
Carnival Corp (CCL) June weekly 65 straddle priced for a move of 3% into the expected release of Q2 results before the market open on June 22
Blackberry (BB) June 12 weekly straddle priced for a move of 8% into the expected release of Q1 results before the open on June 22

Increasing unusual option volume: BMRN SOGO WIN TAHO FDS GOOS VNQ
Increasing unusual call option volume: FDS BMRN SOGO GOOS GBT BKS HST BURL SFM CCK
Increasing unusual put option volume: TAHO BMRN SOGO ERF DXC VNQ DNR LCI GOOS
Popular stocks with increasing unusual option volume: C F T
Options with decreasing option implied volatility: FNSR JBL ADBE RENN GOOS T BLUE
Cboe Bitcoin July futures down 90 to 6565