Pre-Market IV Report June 6, 2019

Pre-Market IV Report June 6, 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: LULU SCO SFIX QEP UCO USO NLSN CLDR BB PCG MUL KHC TLT

Options expected to have increasing volume: CLDR SFIX BYND SIG CIEN ZM PCG FCAU

Uber (UBER) and Lyft (LYFT) July option implied volatility decreases as shares trend higher

Uber (UBER) June weekly call option implied volatility is at 53, June and July is at 45; compared to its 3-week range of 44 to 58.

Lyft (LYFT) June weekly call option implied volatility is at 58, June and July is at 49; compared to its 5-week range of 48 to 78.

Beyond Meat (BYND) June weekly call option implied volatility is at 211, June is at 121, July is at 99; compared to its 3-week range of 89 to 124 into the expected release of quarterly results today after the bell.

Zoom Video (ZM) June call option implied volatility is at 84, July is at 71; compared to its 4-week range of 68 to 87 into the expected release of quarterly results today after the bell.

Walmart (WMT) June weekly call option implied volatility is at 20, June and July is at 17; compared to its 52-week range of 14 to 30 into President & CEO McMillon holds a Q&A session with the investment community in Fayetteville, Arkansas on June 7.

United States Oil Fund (USO) June weekly call option implied volatility is at 48, June is at 41, July is at 40; compared to its 52-week range of 23 to 62 as WTI crude trades at $51.95.

United Continental (UAL) June weekly and June call option implied volatility is at 27, July is at 30; compared to its 52-week range of 22 to 48 into an upgrade to Buy from Neutral at Goldman Sachs.

Proshrs Ultrpro Sht (SQQQ) call put ratio 37 calls to 1 put with focus on July 55 calls

Straddle prices for stocks expected to report quarterly results this week

Beyond Meat (BYND) June weekly 103 straddle priced for move of 12% into the expected release of quarterly results today before the bell.

Ciena (CIEN) June weekly 36 straddle priced for move of 8% into the expected release of quarterly results today before the bell.

Signet Jewelers (SIG) June weekly 19.50 straddle priced for move of 15% into the expected release of quarterly results today before the bell.

The J.M. Smucker Company (SJM) June 125 straddle priced for move of 5% into the expected release of quarterly results today before the bell.

Vail Resorts (MTN) June 220 straddle priced for move of 7% into the expected release of quarterly results today after the bell.

Zoom Video (ZM) June 80 straddle priced for move of 15% into the expected release of quarterly results after the bell on June 6.

Zumiez (ZUMZ) June 20 straddle priced for move of 13% into the expected release of quarterly results after the bell on June 6.

Option Implied Volatility for Media Companies at Electronic Entertainment Expo 2019 E3 scheduled to begin on June 11

Electronic Arts (EA) 30 day option implied volatility is at 35; compared to its 52-week range of 23 to 58

Znga (ZNGA) 30 day option implied volatility is at 40; compared to its 52-week range of 29 t0 74

Take-Two Interactive (TTWO) 30 day option implied volatility is at 34; compared to its 52-week range of 28 to 72

Alphabet (GOOGL) 30 day option implied volatility is at 25; compared to its 52-week range of 18 to 42

Sony (SNE) 30 day option implied volatility is at 30; compared to its 52-week range of 19 to 45

Microsoft (MSFT) 30 day option implied volatility is at 24; compared to its 52-week range of 16 to 43

Alphabet (GOOG) 30 day option implied volatility is at 25; compared to its 52-week range of 18 to 41

GameStop (GME) 30 day option implied volatility is at 77; compared to its 52-week range of 37 to 86 into Electronic Entertainment Expo 2019 E3 scheduled to begin on June 11.

Increasing unusual option volume: PAAS SQQQ DBX GDX AMBC CHUY PEG DD PEP PVTL PAAS HST D KMB DELL DBX
Increasing unusual call option volume: DFRG FLT D KMB DELL DBX HOLX
Increasing unusual put option volume: CHUY DFRG GWRE PVTL JNK FLT PE GME C EWG FNSR
Popular stocks with increasing unusual volume: CRON UBER ROKU HAS
Options with decreasing option implied volatility: CY YEXT NTNX DBI BIG ZS BIG ZUO GPS WSM
Active options: AAPL BAC TSLA AMD NVDA FB BABA PEP ROKU BIDU GM AMZN MSFT UBER SNAP QCOM NFLX QCOM INTC CRON