Pre-Market IV Report June 24, 2019

Pre-Market IV Report June 24, 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: GLD GLDX APC BBBY RHT PFE DISH CNX TMUS SKX RTN IBM ALXN

Options expected to have increasing volume: MU FDX GIS CZR WYNN MGM LVS ERI GM F HMC FCAU TM

United States Oil Fund (USO) June weekly call option implied volatility is at 38, July is at 39; compared to its 52-week range of 23 to 62 into G20 and July OPEC meeting. Call put ratio 5.4 calls to 1 put.

SPDR Gold Trust (GLD) June weekly call option implied volatility is at 18, July is at 15; compared to its 52-week range of 8 to 16 as gold trades above $1400. Call put ratio 1.3 calls to 1 put.

Caesars (CZR) June weekly call option implied volatility is a 55, July is at 44; compared to its 52-week range of 34 to 83 into renewed reports Eldorado Resorts (ERI) is near a deal to purchase Caesars.

Eldorado Resorts (ERI) July call option implied volatility is at 33, August is at 34; compared to its 52-week range of 31 to 85.

PG&E Corp. (PCG) June weekly call option implied volatility is a 106, July is at 90; compared to its 52-week range of 28 to 202 after reports of restructuring plan.

Vehicle implied option implied volatility low into Daimler reducing its sales forecast

General Motors (GM) June weekly call option implied volatility is at 22, July is at 23; compared to its 52-week range of 21 to 56

Ford Motor (F) June weekly call option implied volatility is at 21, July is at 18; compared to its 52-week range of 19 to 55.

Fiat Chrysler (FCAU) June weekly call option implied volatility is at 25, July is at 31; compared to its 52-week range of 30 to 55.

Navistar (NAV) June weekly call option implied volatility is at 36, July is at 32; compared to its 52-week range 33 to 63. Call put ratio 6.2 calls to 1 put.

Sprint Corp. (S) June weekly call option implied volatility is at 82, July is at 40; compared to its 52-week range of 24 to 115 into the proposed merger closure of Sprint (S) and T-Mobile (TMUS).

T-Mobile (TMUS) 30 day option implied volatility is at 30; compared to its 52-week range of 18 to 38.

BlackBerry (BB) June weekly call option implied volatility is at 81, June and July is at 47; compared to its 52-week range of 30 to 61 into expected release of quarterly results on June 26. Call put ratio 4 calls to 1 put.

Planet Fitness (PLNT) 30 day option implied volatility is at 30; compared to its 52-week range of 24 to 62 as shares pull back from record high.

Straddle prices for stocks expected to report results this week

FedEx (FDX) June weekly 165 straddle price for a move of 5.5% into the expected quarterly release after the bell on June 25

Lennar (LEN) July 50 straddle price for a move of 7% into the expected quarterly release before the bell on June 25

Micron (MU) June weekly 33 straddle price for a move of 11% into the expected quarterly release after the bell on June 25

BlackBerry (BB) June weekly 8.5 straddle price for a move of 10% into the expected quarterly release before the bell on June 26

General Mills (GIS) July 55 straddle price for a move of 6% into the expected quarterly release before the bell on June 26

Herman Miller (MLHR) July 35 straddle price for a move of 10% into the expected quarterly release after the bell on June 26

H.B. Fuller (FUL) July 45 straddle price for a move of 7.5% into the expected quarterly release after the bell on June 26

KB Home (KBH) July 25 straddle price for a move of 8.5% into the expected quarterly release after the bell on June 26

Paychex (PAYX) July 87.50 straddle price for a move of 5.5% into the expected quarterly release before the bell on June 26

Worthington Industries (WOR) July 40 straddle price for a move of 8% into the expected quarterly release after the bell on June 26

Accenture (ACN) June weekly 185 straddle price for a move of 3.5% into the expected quarterly release before the bell on June 27

Conagra (CAG) July 29 straddle price for a move of 7% into the expected quarterly release before the bell on June 27

McCormick (MKC) July 155 straddle price for a move of 4.5% into the expected quarterly release before the bell on June 27

Nike (NKE) June weekly 86 straddle price for a move of 5% into the expected quarterly release after the bell on June 27

Walgreens Boots Alliance (WBA) June weekly 53 straddle price for a move of 5.5% into the expected quarterly release before the bell on June 27

Constellation Brands (STZ) June weekly 185 straddle price for a move of 6.5% into the expected quarterly release before the bell on June 28

Increasing unusual option volume: SPN RPM RHT FEZ SERV MLNT
Increasing unusual call option volume: FEZ RHT SPN AVGO EWJ XME KN PSTG
Increasing unusual put option volume: ARAY MLNT TXMD AMAG DAN CM RHT CRZO ATHM
Popular stocks with increasing unusual volume: KR HPE GOLD ATHM NIO BYND ADBE AVGO
Options with decreasing option implied volatility: BIDU MLNT LOW CLDR ARRY ORCL KR ADBE
Active options: GE AAPL AVGO TSLA AMD MSFT FB BAC BABA AMZN MU NFLX BYND NIO SNAP DIS NVDA TWTR ADBE