Pre-Market IV Report June 3, 2020

Pre-Market IV Report June 3, 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: DOCU INO HTZ LK VTIQ SFIX RIOT TLRY CLDR TIF AEO SWBI RGR TCO M KSS ITCI CNK EGHT

Options expected to have increasing volume: ZM LYFT UBER AMBA GME UNFI WORK CRWD TIF CPB AEO

Lyft (LYFT) June weekly call option implied volatility is at 68, June and July is at 64; compared to its 26-week range of 37 to 195 as shares trade higher in the premarket after regulatory filing.

Uber (UBER) June weekly call option implied volatility is at 65, June and July is at 54; compared to its 26-week range of 36 to 200 into Lyft (LYFT) shares trade higher in the premarket after regulatory filing.

Tiffany & Co. (TIF) 30-day option implied volatility is at 61; compared to its 52-week range of 4 to 71 after WWD reported LVMH board met to review Tiffany deal. Call put ratio 1 call to 1.9 puts on active volume of 30K contracts.

Sturm Ruger (RGR) 30-day option implied volatility is at 46; compared to its 52-week range of 23 to 120 amid wide price movement. Call put ratio 4.7 calls to 1 put with focus on June and January calls.

Smith & Wesson Brands (SWBI) 30-day option implied volatility is at 118; compared to its 52-week range of 32 to 159. Call put ratio 8.5 calls to 1 put with focus on June calls.

United States Oil Fund (USO) June weekly call option implied volatility is at 72, June is at 58; compared to its 52-week range of 23 to 250 into OPEC+ Video Conference meeting about continued production cuts. Call put ratio 3.1 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 36; compared to its 52-week range of 16 to 112 into OPEC+ Video Conference meeting about continued production cuts. Call put ratio 1.5 calls to 1 put.

Ishares Msci Germany Etf (EWG) 30-day option implied volatility is at 31; compared to its 52-week range of 11 to 84 amid shares up 12% for month.

Wayfair (W) June weekly call option implied volatility is at 81, June is at 74; compared to its 52-week range of 39 to 210 amid wide price movement.

Straddle prices for stocks expected to report quarterly results this week

American Eagle (AEO) June weekly 10.50 straddle priced for a move of 12% into the expected release of quarter results today before the bell.

Campbell Soup (CPB) June weekly 52 straddle priced for a move of 5.5% into the expected release of quarter results today before the bell.

Cloudera (CLDR) June weekly 11 straddle priced for a move of 16% into the expected release of quarter results today after the bell.

Express (EXPR) June 2 straddle priced for a move of 25% into the expected release of quarter results today before the bell.

United Natural Foods (UNFI) June 20 straddle priced for a move of 19% into the expected release of quarter results today.

At Home (HOME) June 5 straddle priced for a move of 31% into the expected release of quarter results before the bell on June 4.

Broadcom (AVGO) June weekly 300 straddle priced for a move of 6% into the expected release of quarter results on June 4.

DocuSign (DOCU) June weekly 145 straddle priced for a move of 13% into the expected release of quarter results after the bell on June 4.

Ciena (CIEN) June weekly 56 straddle priced for a move of 10% into the expected release of quarter results before the bell on June 4.

Gap Inc (GPS) June weekly 10.50 straddle priced for a move of 13% into the expected release of quarter results on June 4.

J.M. Smucker (SJM) June 115 straddle priced for a move of 6% into the expected release of quarter results on June 4.

Navistar (NAV) June weekly 24 straddle priced for a move of 21% into the expected release of quarter results before the bell on June 4.

Slack (WORK) June weekly 38 straddle priced for a move of 14% into the expected release of quarter results before the bell on June 4.

Toro (TTC) June 70 straddle priced for a move of 9% into the expected release of quarter results before the bell on June 4.

Tsakos Energy (TNP) June 2.5 straddle priced for a move of 20% into the expected release of quarter results before the bell on June 4.

Vail Resorts (MTN) June 195 straddle priced for a move of 11% into the expected release of quarter results after the bell on June 4.

Kandi Technlogies (KNDI) June 3 straddle priced for a move of 22% into the expected release of quarter results before the bell on June 5.

Grubhub (GRUB) June weekly call option implied volatility is at 83, June is at 69; compared to its 52-week range of 38 to 143 after CNBC’s David Faber reported Uber Technologies (UBER) remains in talks to acquire GrubHub and progress is being made.

Options with decreasing option implied volatility: PYPL SRNE TWLO SNE USO
Increasing unusual option volume: ECL VTIQ MARK AMBA LTM VSTO MGI COF ETSY ZM
Increasing unusual option volume: ECL AMBA VTIQ MARK FLEX VSTO
Increasing unusual put option volume: ECL DKNG QD VFC CNK CPB VNO
Popular stocks with increasing unusual volume: ZM DKNG SNAP WORK SQ M ZNGA
Active options: TSLA ECL BAC AAPL NIO FB ZM BABA T GE MSFT AMD DKNG F BA SNAP WORK SQ M ZNGA
Global S&P Futures recently up 0.5% in premarket, Nikkei up 1.2%, DAX up 2.2%, WTI Crude oil recently at $37.35, natural gas mixed, gold at $1724 an ounce