Pre-Market IV Report March 15, 2019

Pre-Market IV Report March 15, 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 overlooked information.

Options with increasing option implied volatility: BBBY BA UNG DOCU ORCL LULU BB OPK BMY LULU

Options expected to have increasing volume: AVGO ADBE ORCL ULTA AVID ZG JBL FB TSLA PVTL GE

S&P Dep Receipts (SPY) March and April call option implied volatility is at 11; compared to its 52-week range of 8 to 32 into quadruple witching, North Korea nuclear headlines, FOMC policy meeting and clarity on trade negotiations.

SPY 30-day option implied volatility is near its lowest levels since October, 2018.

Facebook (FB) March call option implied volatility is at 24, April is at 23; compared to its 52-week range of 20 to 53 into Chris Daniels and Chris Cox are leaving the company.

Boeing (BA) March call option implied volatility is at 37, April is at 31; compared to its 52-week range of 19 to 46 after U.S. grounds Boeing 737 Max. BA call put ratio 1 to 1 on 239K contracts

Tesla (TSLA) March weekly call option implied volatility is at 73, April is at 53; compared to its 52-week range of 38 to 87 into unveils Model Y, a mid-size SUV.

Option implied volatility is the volatility the options market is pricing for the future.

General Electric (GE) March call option implied volatility is at 59, April is at 34; compared to its 52-week range of into 21 to 72 after investor update.

Straddle prices for stocks expected to report results next week

Lumber Liquidators (LL) March weekly straddle 10 priced for move of 11% into the expected release of EPS before the bell on March 18
NII Holdings (NIHD) April 5 straddle priced for move of 55% into the expected release of EPS before the bell on March 18
Overstock.com, Inc. (OSTK) March weekly straddle 20 priced for move of 15% into the expected release of EPS before the bell on March 18
Revlon (REV) April 20 straddle priced for move of 15 into the expected release of EPS before the bell on March 18
Tilray (TLRY) March weekly 72.50 straddle priced for move of 12% into the expected release of EPS after the bell on March 18
Uniti Group (UNIT) March weekly 10 straddle priced for move of 20% into the expected release of EPS on March 18
Duluth Holdings (DLTH) April 22.50 straddle priced for move of 20% into the expected release of EPS before the bell on March 19
FedEx (FDX) March weekly 180 straddle priced for move of 7% into the expected release of EPS after the bell on March 19
HD Supply (HDS) April 42.50 straddle priced for move of 13% into the expected release of EPS before the bell on March 19
Steelcase (SCS) April 17.50 straddle priced for move of 12% into the expected release of EPS after the bell on March 20
Michael Companies (MIK) April straddle priced for move of 17% into the expected release of EPS before the bell on March 19
Increasing unusual option volume: GEO MIK CLDR WAGE OPK MYL DOCU
Increasing unusual call option volume: CLDR DXJ XLC DG SWCH TRP WAGE ADNT DISCA RESI TTOO WU VEA COTY
Increasing unusual put option volume: GEO OPK CLDR WAGE VIAB GDS WEN ZTO PIR CZR MDB PVTL
Popular stocks with increasing unusual: BMY CELG NIO COTY SNAP
Options with decreasing option implied volatility: AXSM MLNX SFIX AOBC
Active options: AAPL SNAP GE FB AMD BAC NVDA TSLA MU COTY AMAT NFLX NIO BABA AMZN TWTR BMY CELG