Pre-Market IV Report March 12, 2020

Pre-Market IV Report March 12, 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: stocks across the board….AMRN FIT LQD LUV CRC EWJ SPY BYND BBBY GEL APA OXY HAL

Options expected to have increasing volume: SPY QQQ RUT IWM XLF

IV elevated into President Trump travel restrictions to Europe

Boeing (BA) March weekly call option implied volatility is at 145, March is at 122, April is at 94; compared to its 52-week range of 23 to 104 into President Trump travel restrictions to Europe for the next 30-days.

Spirit AeroSystems (SPR) March call option implied volatility is at 77, April is at 75; compared to its 52-week range of 24 to 90

Honeywell (HON) 30-day option implied volatility is at 58 compared to its 52-week range of 14 to 61

Apple (AAPL) March weekly call option implied volatility is at 77, March is at 69, April is at 58; compared to its 52-week range of 18 to 63.

S&P 500 (SPY) 30-day option implied volatility at 50; compared to its 52-week range of 9 to 50 into President Trump travel restrictions to Europe for the next 30-days.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility at 50; compared to its 52-week range of 12 to 53

United States Oil Fund (USO) 30-day option implied volatility at 94; compared to its 52-week range of 23 to 111

Market Vectors Russia ETF Trust (RSX) 30-day option implied volatility at 60; compared to its 52-week range of 16 to 65

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility at 90; compared to its 52-week range of 15 to 131

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility at 135; compared to its 52-week range of 28 to 150

IV elevated into President Trump travel restrictions to Europe

United Airlines (UAL) March weekly call option implied volatility is at 98, March is at 140, April is at 123; compared to its 52-week range of 20 to 138

Delta (DAL) March weekly call option implied volatility is at 130, March is at 100, April is at 73; compared to its 52-week range of 20 to 95

Southwest Airlines (LUV) March weekly call option implied volatility is at 136, March is at 98, April is at 81; compared to its 52-week range of 18 to 96

American Airlines (AAL) March weekly call option implied volatility is at 185, March is at 156, April is at 146; compared to its 52-week range of 28 to 156

Alaska Air Group (ALK) March call option implied volatility is at 96, April is at 91; compared to its 52-week range of 21 to 119

Disney (DIS) March weekly call option implied volatility is at 95, March is at 80, April is at 59; compared to its 52-week range of 17 to 72. Call put ratio 1 call to 2.7 puts.

Marriott (MAR) 30 day option implied volatility is at 96; compared to its 52-week range of 17 to 97.

Hilton Worldwide (HLT) 30 day option implied volatility is at 97; compared to its 52-week range of 18 to 96.

Hyatt (H) 30 day option implied volatility is at 103; compared to its 52-week range of 18 to 103.

Booking Holdings (BKNG) 30-day option implied volatility is at 68; compared to its 52-week range of 16 to 69

TripAdvisor (TRIP) 30-day option implied volatility is at 122; compared to its 52-week range of 28 to 122

trivago (TRVG) 30-day option implied volatility is at 107; compared to its 52-week range of 50 to 129

Expedia (EXPE) 30-day option implied volatility is at 77; compared to its 52-week range of 20 to 107

Straddle prices for stocks expected to report quarterly results this week

Adobe (ADBE) March 315 straddle priced for a move of 8% into the expected release of quarter results today after the bell

Gap Stores (GPS) March weekly 11 straddle priced for a move of 22% into the expected release of quarter results today

Slack Technologies (WORK) March weekly 24 straddle priced for a move of 23% into the expected release of quarter results today

Oracle (ORCL) March weekly 44.50 straddle priced for a move of 9.5% into the expected release of quarter results today after the bell

Broadcom (AVGO) March weekly 245 straddle priced for a move of 9.5% into the expected release of quarter results today after the bell

Jabil (JBL) March weekly 27 straddle priced for a move of 15% into the expected release of quarter results today

Ulta Beauty (ULTA) March 220 straddle priced for a move of 13% into the expected release of quarter results today after the bell

Buckle (BKE) March 17.5 straddle priced for a move of 22% into the expected release of quarter results before the bell on March 13

Gogo (GOGO) March 3 straddle priced for a move of 29% into the expected release of quarter results before the bell on March 13

30-day stock option implied volatility remains near 10-year high

Options with decreasing option implied volatility: CY MEET
Increasing unusual option volume: CNK AMBA WYND PK EWP TGNA EIGI OMF PSP HABT
Increasing unusual call option volume: AMBA TGNA MGM VIRT IGV ENBL CODX ING
Increasing unusual put option volume: CNK PK CWH EIGI MGM CBOE PRGO
Popular stocks with increasing unusual: GILD BA AAL
Active options: AAPL MGM BAC AMD TSLA MSFT BA TWTR DIS UBER T BABA XOM MU GE GILD AMZN AAL FB CSCO
Global S&P Futures are recently down 4% from previous day. Nikkei 225 down 4%, DAX down 3%, WTI Crude oil is recently at $31, natural gas down 4%, gold at $1637 an ounce