Pre-Market IV Report June 8, 2020

Pre-Market IV Report June 8, 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: MFA SFIX TLRY HTZ ORCL IVR NKLA M LK

Options expected to have increasing volume: AZN GILD HTZ

Boeing (BA) option implied volatility comes in as shares close above $200

Boeing (BA) June weekly call option implied volatility is at 79, June is at 83; compared to its 52-week range of 22 to 222 as shares close above 205. Call put ratio 1.7 calls to 1 put with focus on June weekly 185 and 190 calls.

Luluemon (LULU) June weekly call option implied volatility is at 78, June is at 64; compared to its 52-week range of 21 to 129 into the expected release of quarter results after the bell on July 11.

Wayfair (W) June weekly (12) call option implied volatility is at 64, June is at 59; compared to its 52-week range of 39 to 210 after benefiting from stay at home work business.

AstraZeneca (AZN) June weekly call option implied volatility is at 25, June is at 28; compared to its 52-week range of 16 to 85 into approaches Gilead (GILD) about potential merger, Bloomberg says. Call put ratio 33 calls to 1 put with focus on June weekly (5) and June 57 calls.

Gilead (GILD) June weekly call option implied volatility is at 25, June is at 28; compared to its 52-week range of 19 to 107. Call put ratio 2.5 calls to 1 put with focus on June 75 calls.

Straddle prices for stocks expected to report quarterly results this week

Coupa Software (COUP) June weekly 217.5 straddle priced for a move of 12% into the expected release of quarter results after the bell on June 8.

Stitch Fix (SFIX) June weekly 25 straddle priced for a move of 17% into the expected release of quarter results after the bell on June 8.

Caseys General Store (CASY) June 170 straddle priced for a move of 10% into the expected release of quarter results after the bell on June 8.

AMC Entertainment (AMC) June weekly 6 straddle priced for a move of 20% into the expected release of quarter results after the bell on June 9.

Chewy (CHWY) June weekly 49 straddle priced for a move of 15% into the expected release of quarter results after the bell on June 9.

Five Below (FIVE) June weekly 110 straddle priced for a move of 9% into the expected release of quarter results after the bell on June 9.

GameStop (GME) June weekly 4 straddle priced for a move of 20% into the expected release of quarter results after the bell on June 9.

HD Supply Holdings (HDS) June 35 straddle priced for a move of 10% into the expected release of quarter results on June 9.

Signet Jewelers (SIG) June 15 straddle priced for a move of 20% into the expected release of quarter results on June 9.

Tailored Brands (TLRD) June 2 straddle priced for a move of 35% into the expected release of quarter results after the bell on June 10.

Tiffany (TIF) June weekly 121 straddle priced for a move of 6% into the expected release of quarter results before the bell on June 10.

United Natural Foods (UNFI) June 20 straddle priced for a move of 19% into the expected release of quarter results on June 10.

Adobe (ADBE) June weekly 392.50 straddle priced for a move of 5% into the expected release of quarter results after the bell on June 11.

Luluemon (LULU) June weekly 320 straddle priced for a move of 9% into the expected release of quarter results after the bell on June 11.

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 11.

PVH (PVH) June 65 straddle priced for a move of 14% into the expected release of quarter results before the bell on June 12.

Party City (PRTY) June 1.5 straddle priced for a move of 27% into the expected release of quarter results before the bell on June 12.

Airliner stocks calls active as shares trend higher

Alaska Airlines (ALK) 30-day option implied volatility is at 82; compared to its 52-week range of 21 to 234 into shares trading higher in the premarket. Call put ratio 2.5 calls to 1 put.

Allegiant Air (ALGT) 30-day option implied volatility is at 66; compared to its 52-week range of 21 to 216 into shares trading higher in the premarket. Call put ratio 16 calls to 1 put with focus on July calls.

Hawaiian Airlines (HA) 30-day option implied volatility is at 102; compared to its 52-week range of 31 to 274 into shares trading higher in the premarket. Call put ratio 4.2 calls to 1 put.

JetBlue Airways (JBLU) 30-day option implied volatility is at 92; compared to its 52-week range of 23 to 221 into shares trading higher in the premarket. Call put ratio 4.4 calls to 1 put.

SkyWest Airlines (SKYW) 30-day option implied volatility is at 88; compared to its 52-week range of 21 to 256 into shares trading higher in the premarket.

Spirit Airlines (SAVE) 30-day option implied volatility is at 144; compared to its 52-week range of 31 to 370 into shares trading higher in the premarket. Call put ratio 3.1 calls to 1 put.

Options with decreasing option implied volatility: PYPL SRNE ZS AXP TWLO
Increasing unusual option volume: ECL MARK BCS XEC CDEV NOG AZUL AMKR APPS
Increasing unusual option volume: ECL BCS MARK CDEV VAL NOG CNX APPS
Increasing unusual put option volume: ECL OVV NKLA FOXA DD WLL TAN IVR
Popular stocks with increasing unusual volume: LK AAL HTZ OXY CCL DAL XOM
Active options: AAL BA AAPL F BAC GE AMD TSLA OXY WORK HTZ WFC MSFT DAL CCL FB MGM UAL XOM LK
Global S&P Futures recently mixed to higher premarket, Nikkei up 1.3%, DAX down 0.3%, WTI Crude oil recently at $39.86, natural gas mixed, gold at $1697 an ounce