Pre-Market IV Report June 29, 2020

Pre-Market IV Report June 29, 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: GPS INO WKHS AMRN AMZN COST FSLY SPOT GPS SONO CLDR

Options expected to have increasing volume: FB MU CAG FDX GIS CHK BA UA UAA TWTR SNAP BP

Social media company option implied volatility amid advertiser boycotts

Facebook (FB) 30-day option implied volatility is at 47; compared to its 52-week range of 21 to 82 amid social media advertiser boycotts.

Twitter (TWTR) 30-day option implied volatility is at 70; compared to its 52-week range of 38 to 126 amid social media advertiser boycotts.

Snap (SNAP) 30-day option implied volatility is at 73; compared to its 52-week range of 27 to 127 amid social media advertiser boycotts.

Micron (MU) July weekly call option implied volatility is at 75, July is at 60; compared to its 52-week range of 31 to 115 into the expected release of quarter results today after the bell. Call put ratio 1.7 calls to 1 put.

Boeing (BA) July weekly call option implied volatility is at 77, July is at 73; compared to its 52-week range of 23 to 221 into reports of Max 737 flight testing.

Nikola (NKLA) July weekly call option implied volatility is at 200, July is at 160; compared to its 52-week range of 67 to 305 into reservations for the company’s Badger pick-up truck opens.

Gap, Inc. (GPS) July weekly call option implied volatility is at 133, July is at 106; compared to its 52-week range of 30 to 131 after confirms collaboration with Kanye West. Call put ratio 2.3 calls to 1 put.

DraftKings (DKNG) 30-day option implied volatility is at 109; compared to its 52-week range of 54 to 143. DKNG insider sales

Occidental Petroleum (OXY) 30-day option implied volatility is at 93; compared to its 52-week range of 26 to 202.

Under Armour Inc (UAA) 30-day option implied volatility is at 77; compared to its 52-week range of 29 to 148 into reports the sports apparel company wants to terminate its 15-year apparel and shoe deal with UCLA.

Magellan Midstream Partners (MMP) 30-day option implied volatility is at 46; compared to its 52-week range of 14 to 142.

Straddle prices for stocks expected to report quarterly results this week

Micron (MU) July weekly 48.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

ConAgra (CAG) July weekly 32.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on June 30.

FedEx (FDX) July weekly 130 straddle priced for a move of 8% into the expected release of quarter results on June 30.

Herman Miller (MLHR) July 25 straddle priced for a move of 17% into the expected release of quarter results before the bell on June 30.

Steelcase (SCS) July 12.50 straddle priced for a move of 20% into the expected release of quarter results before the after the bell on June 30.

Capri Holdings (CPRI) July weekly 14.5 straddle priced for a move of 23% into the expected release of quarter results before the bell on July 1.

Constellation Brands (STZ) July weekly 170 straddle priced for a move of 7% into the expected release of quarter results before the bell on July 1.

General Mills (GIS) July 60 straddle priced for a move of 7% into the expected release of quarter results before the bell on July 1.

Macys (M) July weekly 6 straddle priced for a move of 15% into the expected release of quarter results before the bell on July 1.

Huazhu (HTHT) July 35 straddle priced for a move of 12% into the expected release of quarter results before the bell on July 1.

Korn Ferry (KFY) July 30 straddle priced for a move of 13% into the expected release of quarter results before the bell on July 2.

Options with decreasing option implied volatility: TRIP HTZ LK ACB IVR NKE
Increasing unusual option volume: GPS INO AAL NKE
Increasing unusual call option volume: CDLR AZN PAYS GPS WKHS
Increasing unusual put option volume: MOS FSLY NKLA RSX SPOT
Popular stocks with increasing volume: NKE GPS INO PCG
Active options: FB AAPL TSLA BA BAC AMZN MSFT INO GPS AAL NKLA WFC AMD TWTR JPM SNAP LK PCG NKE BABA
Global S&P Futures recently mixed in premarket, Nikkei down 2%, DAX mixed, WTI Crude oil recently at $38.02, natural gas up 3%, gold at $1781 an ounce