Pre-Market IV Report June 18, 2020

Pre-Market IV Report June 18, 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: ENPH ITUB IQ MOMO JNPR BMY UVXY VXX CVM SGMO INO CRC NFLX NOK NKLA MOMO

Options expected to have increasing volume: HTZ KR JD T BP X SWBI RGR VSTO HOME JBL AMC SPOT

Smith & Wesson Brands (SWBI) June call option implied volatility is at 195, July is at 109; compared to its 52-week range of 32 to 159 into expected release of quarter results. Call put ratio 3.2 calls to 1 put with focus on June weekly 18 calls.

Sturm Ruger (RGR) 30-day option implied volatility is at 50; compared to its 52-week range of 23 to 120. Call put ratio 9.8 calls to 1 put with focus on June 75 calls.

Vista Outdoor (VSTO) 30-day option implied volatility is at 88; compared to its 52-week range of 38 to 163. Call put ratio 37 calls to 1 put with focus on August 15 calls.

Nikola (NKLA) June option implied volatility is at 188, July is at 230; compared to its 52-week range of 67 to 305. Call put ratio 2.9 calls to 1 put.

DraftKings (DKNG) 30-day option implied volatility is at 94; compared to its 52-week range of 54 to 143. Call put ratio 3 calls to 1 put with focus on June 40 and 41 calls.

U.S. Steel (X) 30-day call option implied volatility is at 84; compared to its 52-week range of 48 to 174 into announces offering of 50M shares of common stock. Call put ratio 2.8 calls to 1 put.

JD.com (JD) 30-day call option implied volatility is at 53; compared to its 52-week range of 28 to 81 into secondary listings in Hong Kong.

NetEase (NTES) 30-day call option implied volatility is at 42; compared to its 52-week range of 26 to 75 into recent reports of looking to raise up to $3B in Hong Kong offering.

Straddle prices for stocks expected to report quarterly results this week

At Home Group (HOME) June 7 straddle priced for a move of 31% into the expected release of quarter results today after the bell

Kroger (KR) June 33 straddle priced for a move of 8% into the expected release of quarter results today before the bell.

Smith & Wesson Brands (SWBI) June 18 straddle priced for a move of 15% into the expected release of quarter results today after the bell.

CarMax (KMX) June 97 straddle priced for a move of 8% 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.

Option implied volatility into Federal Reserve Annual Stress Tests

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 50; compared to its 52-week range of 13 to 111

JPMorgan (JPM) 30-day option implied volatility is at 50; compared to its 52-week range of 15 to 119

Bank of New York Mellon (BK) 30-day option implied volatility is at 45; compared to its 52-week range of 18 to 118

Comerica (CMA) 30-day option implied volatility is at 76; compared to its 52-week range of 23 to 162

Zions Bancorp (ZION) 30-day option implied volatility is at 55; compared to its 52-week range of 20 to 100

Options with decreasing option implied volatility: GRPN TWO PLUG TCO LULU MITT HEXO TWLO GRUB SWBI
Increasing unusual option volume: NKLA MOMO WATT VST SONO ANGI LAKE APT SNAP BHC
Increasing unusual call option volume: MOMO NKLA SONO VNQ ANGI WATT VSTO
Increasing unusual put option volume: NKLA CRC GNW CWH KR
Popular stocks with increasing unusual volume: NKLA AAL SQ MS HTZ
Active options: AAPL SNAP TSLA FB ROKU BYND MSFT NKLA BA AMD AAL MOMO BAC SQ NFLX ORCL ENPH AMZN MS HTZ
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $38.31, natural gas mixed, gold at $1745 an ounce