Pre-Market IV Report March 27, 2019

Pre-Market IV Report March 27, 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: CMG HYG TWTR IBM LULU BB RH ACN MOS
Options expected to have increasing volume: FCAU GM F SCVL KBH QCOM AAPL ORCL JCP WCG CNC HCA WLP LUV

Apple (AAPL) March weekly call option implied volatility is at 29, April is at 24; compared to its 52-week range of 16 to 46 into Qualcomm (QCOM) patent infringement claim.

Qualcomm (QCOM) March weekly call option implied volatility is at 40, April is at 29; compared to its 52-week range of 19 to 53 into patent infringement claim with Apple (AAPL).

Boeing (BA) March weekly call option implied volatility is at 32, April is at 27; compared to its 52-week range of 18 to 46 into a Southwest Airlines (LUV) Boeing 737 MAX makes emergency landing at Orlando airport, CNBC says.

Southwest (LUV) March weekly call option implied volatility is at 29, April is at 27; compared to its 52-week range of 19 to 43. LUV cut its forecast for Q1 capacity to 1% from 3.5%-4% previously.

Wellcare Health (WCG) April call option implied volatility is at 38, May is at 35; compared to its 52-week range of 19 to 35 into Centene (CNC) purchasing for $305.39 per share.

Centene (CNC) April call option implied volatility is at 32, May is at 31; compared to its 52-week range of 17 to 46 into purchasing Wellcare Health (WCG) for $305.39 per share.

Accenture (ACN) March weekly call option implied volatility is at 50, April is at 24; compared to its 52-week range of 14 to 35 into a company hosted investor meeting on March 28.

The Mosaic Company (MOS) March weekly call option implied volatility is at 52, April is at 33; compared to its 52-week range of 25 to 50 into a company hosted analyst meeting on March 28.

Bed Bath & Beyond (BBBY) March weekly call option implied volatility is at 70, April is at 77; compared to its 52-week range of 32 to 98 after Legion Partners Holdings, Macellum Advisor and Ancora Advisors announced the nomination of sixteen independent candidates for election to the board of the company. Call put ratio 1 call to 3 put. BBBY is expected to release EPS after the bell on April 10.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) March weekly call option implied volatility is at 29, April is at 26; compared to its 52-week range of 17 to 36. Call put ratio 3.6 calls to 1 put.

StoneCo (STNE) April call option implied volatility is at 74, May is at 75; compared to its 12-week range of 43 to 80 after sharp rally.

Straddle prices for stocks expected to report results this week

Five Below (FIVE) March weekly 119 straddle priced for move of 9% into the expected release of EPS today after the bell

Lululemon (LULU) March weekly 144 straddle priced for move of 11% into the expected release of EPS today after the bell

PVH Corp (PVH) April 110 straddle priced for move of 8% into the expected release of EPS today after the bell on

RH (RH) March weekly 130 straddle priced for move of 13.5% into the expected release of EPS today after the bell

Vale (VALE) March 13 straddle priced for move of 5% into the expected release of EPS today after the bell

BlackBerry (BB) March weekly straddle 9 priced for move of 9% into the expected release of EPS before the bell on March 29

CarMax (KMX) March weekly 63 straddle priced for move of 7.5% into the expected release of EPS before the bell on March 29

Increasing unusual option volume: OCN AVYA SPLV GSVC ALDX OLLI ETR EXR SYNA TUR CONN UBS GPOR
Increasing unusual call option volume: OCN AVYA SYNA ETR GSVC OLLI ALDX SAP ENDP REZI
Increasing unusual put option volume: TUR UBS GPOR OLLI CCL BHF WAB JBLU
Popular stocks with increasing unusual: NIO T COTY BBBY CCL UBS
Options with decreasing option implied volatility: BIIB KHC WGO
Active options: AAPL FB BAC GE AMD NVDA COTY TSLA AMZN MSFT DIS NFLX BBBY TEVA BA NIO MU BABA TWTR T