Pre-Market IV Report June 19, 2020

Pre-Market IV Report June 19, 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: APT CLDR X SPOT MRO

Options expected to have increasing volume: HTZ MRO HOME KMX JBL SWBI USO

Apple (AAPL) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 90 into hosting Worldwide Developers Conference virtually WWDC20, beginning June 22. Call put ratio 1.29 calls to 1 put with focus on June calls.

Quadruple expiration.

SPDR S&P 500 ETF Trust (SPY) 30-day call option implied volatility is at 28; compared to its 52-week range of 10 to 77 into quadruple expiration.

PowerShares QQQ Trust (QQQ) 30-day call option implied volatility is at 28; compared to its 52-week range of 12 to 79.

Option implied volatility into WTI Crude Oil trading above $40

United States Oil Fund (USO) June call option implied volatility is at 55, July is at 48; compared to its 52-week range of 23 to 250 as WTI oil trades above $40. Call put ratio 1.8 calls to 1 put.

ExxonMobil (XOM) 30-day option implied volatility is at 49; compared to its 52-week range of 16 to 110

BP plc (BP) 30-day option implied volatility is at 48; compared to its 52-week range of 15 to 154

Chevron (CVX) 30-day option implied volatility is at 45; compared to its 52-week range of 15 to 112

Vehicle option implied volatility amid Tesla (TSLA) and Nikola (NKLA) share price rally

Tesla (TSLA) June call option implied volatility is at 45, July is at 65; compared to its 52-week range of 34 to 154.

Nikola (NKLA) June option implied volatility is at 154, July is at 220; compared to its 52-week range of 67 to 305. Call put ratio 2.9 calls to 1 put.

Ford (F) 30-day option implied volatility is at 67; compared to its 52-week range of 20 to 195 into the expected unveiling next generation F-150 pickup next week, Reuters says.

General Motors (GM) 30-day option implied volatility is at 54; compared to its 52-week range of 20 to 188. Call put ratio 3.3 calls to 1 put.

Boeing (BA) 30-day option implied volatility is at 88; compared to its 52-week range of 23 to 221.

Straddle prices for stocks expected to report quarterly results next week

California Resources (CRC) July 1.5 straddle priced for a move of 29% into the expected release of quarter results on June 22.

La-Z-Boy (LZB) July 30 straddle priced for a move of 19% into the expected release of quarter results after the bell on June 23.

BlackBerry (BB) June weekly 5 straddle priced for a move of 14% into the expected release of quarter results on June 24.

Huazhu Group (HTHT) July 35 straddle priced for a move of 15% into the expected release of quarter results on June 24.

KB Home (KBH) July 33 straddle priced for a move of 15% into the expected release of quarter results after the bell on June 24.

Paychex (PAYX) July 75 straddle priced for a move of 11% into the expected release of quarter results before the bell on June 24.

58.com (WUBA) July 55 straddle priced for a move of 4% into the expected release of quarter results on June 24.

Accenture PLC (ACN) June weekly 202.50 straddle priced for a move of 7% into the expected release of quarter results before the bell on June 24.

Apogee (APOG) July 22.50 straddle priced for a move of 18% into the expected release of quarter results on June 24.

Darden (DRI) July 75 straddle priced for a move of 14% into the expected release of quarter results before the bell on June 24.

McCormick (MKC) July 175 straddle priced for a move of 8% into the expected release of quarter results before the bell on June 24.

Nike (NKE) June weekly 98.50 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on June 24.

Progress Software (PRGS) July 40 straddle priced for a move of 14% into the expected release of quarter results after the bell on June 24.

Rite Aid (RAD) July 13 straddle priced for a move of 30% into the expected release of quarter results before the bell on June 24.

Worthington Industries (WOR) July 35 straddle priced for a move of 20% into the expected release of quarter results before the bell on June 25.

National Beverage (FIZZ) July 65 straddle priced for a move of 14% into the expected release of quarter results on June 25.

Winnebago (WGO) July 70 straddle priced for a move of 17% into the expected release of quarter results before the bell on June 25.

Options with decreasing option implied volatility: SGMO PLAY PLUG CRON BBBY SAVE BA M
Increasing unusual option volume: EQR JBL CLDR NKLA ZYNE SPOT
Increasing unusual call option volume: CLDR NKLA SONO ZYNE
Increasing unusual put option volume: MITT NKLA SWBI KR NLOK SPOT HOME
Popular stocks with increasing unusual volume: TLRY WORK KR ROKU NKLA CCL CLDR SPOT AAL
Active options: AAPL TSLA ROKU BA BAC NKLA FB MSFT KR CCL CLDR AMD SPOT AAL BABA NIOX TLRY GE WORK
Global S&P Futures recently up 0.5% in premarket, Nikkei up 0.5%, DAX up 0.5%, WTI Crude oil recently at $40.14, natural gas mixed, gold at $1737 an ounce