Pre-Market IV Report March 11, 2019​

Pre-Market IV Report March 11, 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.​
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Options with increasing option implied volatility: BMY FOXA S TLRD CELG ABB CTXS LLY ENDP SIG BBBY CAG SPXS CVS​

Options expected to have increasing volume: BA DAL AAL UAL ALK ALGT LUV JBLU SPR NVDA MLNX INTC MU CY​
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Boeing (BA) options expected to be active on second Boeing 737 Max crash, China halting Max flights

Boeing (BA) March call option implied volatility is at 24, April is at 25; compared to its 52-week range of 19 to 45 into a Boeing 737 Max operated by Ethiopian Airlines crashed shortly after leaving Addis Ababa en route to Nairobi, Kenya, killing all 157 passengers on board. The Boeing 737 Max was the same plane operated by Lion Air that went down off the coast of Indonesia on October 29, killing all 189 passengers on board. Boeing shares down 9% in premarket.​
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Airliner options expected to be active after second Boeing 737 Max crashes​

Delta (DAL) March call option implied volatility is at 24, April is at 28; compared to its 52-week range of 20 to 46.​
Southwest Airlines (LUV) March call option implied volatility is at 26, April is at 25; compared to its 52-week range of 20 to 46.​
American Airlines (AAL) March call option implied volatility is at 34, April is at 35; compared to its 52-week range of 27 to 65.​
United Airlines (UAL) March call option implied volatility is at 26, April is at 31; compared to its 52-week range of 22 to 47.​
Spirit AeroSystems (SPR) March call option implied volatility is at 21, April is at 23; compared to its 52-week range of 20 to 50 into a Boeing 737 Max operated by Ethiopian Airlines crashed.​
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Nvidia (NVDA) March call option implied volatility is at 41, April is at 40; compared to its 52-week range of 25 to 86 into nearing an agreement to acquire Mellanox Technologies (MLNX), Bloomberg reports.​

Mellanox Technologies (MLNX) March call option implied volatility is at 68, April is at 41; compared to its 52-week range of 27 to 62 into Nvidia (NVDA) nearing an agreement to acquire, Bloomberg reports. Call put ratio 3.1 calls to 1 put with focus on April 115 calls.​

Deutsche Bank (DB) March call option implied volatility is at 37, April is at 38; compared to its 52-week range of 27 to 61 into Commerzbank tentatively talk about merger with Deutsche Bank, Reuters says.​
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Straddle prices for stocks expected to report results this week​

ADT (ADT) March 7.5 straddle priced for move of 10% into the expected release of EPS after the bell today​
Ascena Retail Group (ASNA) March 2 straddle priced for move of 20% into the expected release of EPS after the bell today​
Stitch Fix (SFIX) March 26 straddle priced for move of 18% into the expected release of EPS after the bell today​
Dicks Sporting Goods (DKS) March 38 straddle priced for move of 11% into the expected release of EPS before the bell on March 12​
Overstock (OSTK) March 21.50 straddle priced for move of 13% into the expected release of EPS after the bell on March 12​
Williams-Sonoma (WSM) March 57.50 straddle priced for move of 4% into the expected release of EPS after the bell on March 12​
Tailored Brands (TLRD) March 12 straddle priced for move of 18% into the expected release of EPS after the bell on March 13​
Build-A-Bear Workshop (BBW) March 5 straddle priced for move of 15% into the expected release of EPS on March 13​
Adobe (ADBE) March 255 straddle priced for move of 5.5% into the expected release of EPS after the bell on March 14​
Broadcom (AVGO) March 265 straddle priced for move of 5% into the expected release of EPS after the bell on March 14​
Dollar General (DG) March 119 straddle priced for move of 6.5% into the expected release of EPS before the bell on March 14​
Jabil (JBL) March straddle priced for move of 7% into the expected release of EPS after the bell on March 14​
Kandi Technologies (KNDI) March 7 straddle priced for move of 13% into the expected release of EPS on March 14​
Oracle (ORCL) March 53 straddle priced for move of 5.5% into the expected release of EPS after the bell on March 14​
Ulta Beauty (ULTA) March 307 straddle priced for move of 8% into the expected release of EPS after the bell on March 14​
Buckle (BKE) March 19 straddle priced for move of 7.5% into the expected release of EPS after the bell on March 15​

Transocean (RIG) March call option implied volatility is at 43, April is at 46; compared to its 52-week range of 35 to 87 after Transocean was listed in a Barron’s list as a potential energy bargain.​

Diamond Offshore Drilling (DO) March call option implied volatility is at 37, April is at 47; compared to its 52-week range of 42 to 80 after Diamond Offshore Drilling was listed in a Barron’s list as a potential energy bargain.​

Ensco (ESV) March call option implied volatility is at 43, April is at 48; compared to its 52-week range of after 46 to 93 after Ensco was listed in a Barron’s list as a potential energy bargain.​

Increasing unusual option volume: CJ LOCO ABB ZUMZ XEO FIZZ ALT SFL DERM​
Increasing unusual call option volume: CJ ABB CHAU STNE ALT FIZZ BID IAG WAGE ELAN MTN​
Increasing unusual put option volume: LOCO AES CTXS DERM TLRD FIZZ XEO ​
Popular stocks with increasing unusual: LLY COST F BMY NIO​
Options with decreasing option implied volatility: NIO AXSM HIIQ UNFI BIG HRB BZUN BIG COST OKTA CWH​
Active options: LLY AAPL NIO AMZN GE TSLA NVDA FB AMD NFLX MU BAC ELAN BABA CVS MSFT JD COST F BMY​
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