Pre-Market IV Report June 29, 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: DB RCII CBL DPS SBUX FOX CVS ACAD NXPI CAH ITW SBUX MCK AMZN CMCSK SYMC SBUX PM MO AAL BBD

Options expected to have increasing volume: NKE UA UAA FL WFC STI C JPM BAC AXP USB CVG SNX KBH NVS

Refiner’s option implied volatility as WTI oil trades above $73

Delek US (DK) 30 day option implied volatility is at 44; compared to its 52-week range of 30 to 51
HollyFrontier (HFC) 30 day option implied volatility is at 39; compared to its 52-week range of 26 to 48
Marathon Petroleum (MPC) 30 day option implied volatility is at 30; compared to its 52-week range of 19 to 37
Phillips 66 (PSX) 30 day option implied volatility is at 25; compared to its 52-week range of 14 to 34
Valero (VLO) 30 day option implied volatility is at 31; compared to its 52-week range of 18 to 37
Andeavor (ANDV) 30 day option implied volatility is at 25; compared to its 52-week range of 18 to 39
United States Oil Fund (USO) June weekly call option implied volatility is at 33, July is at 27; compared to its 52-week range of 17 to 32.

Financial Select Sector SPDR ETF (XLF) option implied volatility elevated as shares trade higher in premarket on Federal Reserve releasing part two of its annual bank stress tests. June weekly call option implied volatility is at 37, July is at 21; compared to its 52-week range of 12 to 28 into Federal Reserve releasing part two of its annual bank stress tests.

Convergys (CVG) option implied volatility flat into Synnex (SNX) acquiring for $2.43B
Convergys (CVG) 30-day option implied volatility is at 26; compared to its 52-week range of 13 to 47 into Synnex (SNX) acquiring for $26.50 per share, or $2.43B.

SYNNEX Corp. (SNX) 30-day option implied volatility is at 49; compared to its 52-week range of 21 to 49.

Increasing unusual option volume: DPS YRCW IDT AON ERI CP RDC LIVN GDS MKC PETS WBA
Increasing unusual call option volume: DPS CP YRCW GDS AON ERI CAKE SRE EXTR WBA BHF DAR FL BLL
Increasing unusual put option volume: DPS PETS RDC IDT BCS CBL CRTO TNDM CHRW WBA UUP
Popular stocks with increasing unusual option volume: SBUX PBR NKE
Options with decreasing option implied volatility: BBBY CMG ACN WCOM BABA GBT CPB ORCL
Options with increasing option implied volatility: DB RCII CBL DPS SBUX FOX CVS ACAD NXPI CAH ITW SBUX MCK AMZN CMCSK SYMC SBUX PM MO AAL BBD
Cboe Bitcoin July futures down 187 to 5880