Pre-Market IV Report March 7, 2019

Pre-Market IV Report March 7, 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: RCII NKE ORCL S COST MU CAG BMY CELG WBA NIO AXSM HIIQ DDD CHS AMC

Options expected to have increasing volume: MTN NAV BIG COST DB EB LOCO MRVL CWH FIZZ

S&P Dep Receipts (SPY) March weekly call option implied volatility is at 17, March is at 14, April is at 13; compared to its 52-week range of 9 to 32 into the release of February jobs report.

JPMorgan (JPM) March weekly call option implied volatility is at 21, March is at 19, April is at 18; compared to its 52-week range of 15 to 41.

iShares China Large-Cap (FXI) March weekly call option implied volatility is at 24, March is at 21, April is at 20; compared to its 52-week range of 17 to 31.

iShares Nasdaq Biotechnology (IBB) March weekly call option implied volatility is at 27, March is at 24, April is at 23; compared to its 52-week range of 15 to 40. Call put ratio 1 calls to 2 puts.

Nio (NIO) March call option implied volatility is at 82, April is at 71; compared to its 52-week range of 62 to 157 after recent sell off on EPS and outlook. Call put ratio 2.6 calls to 1 put.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) March call option implied volatility is at 33, March is at 28, April is at 27; compared to its 52-week range of 17 to 36. Call put ratio 2.5 calls to 1 put.

Kraft Heinz (KHC) March weekly call option implied volatility is at 26, April is at 24; compared to its 52-week range of 19 to 38 after recently announcing an SEC opens investigation into Kraft accounting, discloses subpoena and a weak outlook.

Newmont (NEM) March weekly call option implied volatility is at 28, March and April is at 24; compared to its 52-week range of 19 to 38 after Barrick Gold Corporation (GOLD) recently announced that it has made a proposal to the Newmont Mining board to merge with Newmont in an all-share transaction.

National Beverage (FIZZ) March call option implied volatility is at 76, April is at 34; compared to its 52-week range of 31 to 54 into Q3 EPS miss estimates.

Option implied volatility continues to be at the low end of range into Euro banks reserve issues, US China trade talks and future global growth

Straddle prices for stocks expected to report results next week

ADT Inc (ADT) March 7.50 straddle priced for move of 10% into the expected release of EPS after the bell on March 11
Ascena Retail Group (ASNA) March 2 straddle priced for move of 16% into the expected release of EPS after the bell on March 11
Stitch Fix (SFIX) March 26.50 straddle priced for move of 15% into the expected release of EPS after the bell on March 11
Tailored Brands (TLRD) March 12 straddle priced for move of 17% into the expected release of EPS before the bell on March 11
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 16% into the expected release of EPS after the bell on March 12
Williams-Sonoma (WSM) March 57.50 straddle priced for move of 7% into the expected release of EPS after the bell on March 12
Build-A-Bear Workshop (BBW) March 5 straddle priced for move of 13% 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 6% into the expected release of EPS after the bell on March 12
Dollar General (DG) March 119 straddle priced for move of 7% into the expected release of EPS before the bell on March 14
Jabil (JBL) March 27.50 straddle priced for move of 7% into the expected release of EPS after the bell on March 14
Kandi Technologies (KNDI) March 7straddle priced for move of 13% into the expected release of EPS on March 14
Oracle (ORCL) March 52.50 straddle priced for move of 5% into the expected release of EPS after the bell on March 14
Buckle (BKE) March 19 straddle priced for move of 7% into the expected release of EPS after the bell on March 15

Increasing unusual option volume: LW BRFS REZI GPRE DFRG ARQL EIX GWRE
Increasing unusual call option volume: LW GPRE DRRG RCII BHF MELI TK DFRG
Increasing unusual put option volume: LW EIX SPG DVA ZTS KR TK VSAT
Popular stocks with increasing unusual: KR BURL ANF TRV HTZ JD
Options with decreasing option implied volatility: SIG RCII BPT GE CAG CPRI DVA STZ CVS KO HPQ NTNX PCG KHC
Active options: LLY NIO AAPL FB GE TSLA BAC AMZN AMD NVDA MSFT BABA NFLX MU CVS KR JD SQ F SNAP