Pre-Market IV Report May 1, 2020

Pre-Market IV Report May 1, 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: XOM V WDC AMZN AAPL X HON AON CVX ZNGA HTZ FCEL UNG INO ACB FCEL NAT WLL M SYF FIT TECK

Options expected to have increasing volume: BA WDC V UAL AAPL AMZN AMGN COLM EXPE LYV MGM UAL V X WDC WHR ABBV CVX XOM HON

Option IV expected to move after Apple (AAPL) and Amazon (AMZN) commentary. Boeing (BA) options will be active after capital raise and President Trump comments on China virus.

Microsoft (MSFT) 30-day call option implied volatility is at 32; compared to its 52-week range of 15 to 90 into Microsoft to show Xbox Series X games during May 7 event.

Berkshire Hathaway (BRK.B) 30-day call option implied volatility is at 29; compared to its 52-week range of 12 to 79 into annual shareholder meeting. Call put ratio 2.2 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 74; compared to its 52-week range of 34 to 154 after Elon Musk production comments.

Straddle prices for stocks into quarter results, outlook, cash flow and capital outlook

American International Group (AIG) May weekly 25 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 4.

Avis Budget Group (CAR) May weekly 16 straddle priced for a move of 26% into the expected release of quarter results before the bell on May 4.

Cirrus Logic (CRUS) May weekly 76 straddle priced for a move of 15% into the expected release of quarter results after the bell on May 4.

Diamondback Energy (FANG) May 45 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 4.

Hertz Global (HTZ) May weekly 4 straddle priced for a move of 45% into the expected release of quarter results before the bell on May 4.

Shake Shack (SHAK) May weekly 54 straddle priced for a move of 16% into the expected release of quarter results after the bell on May 4.

Skyworks (SWKS) May weekly 104 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 4.

Tenet Healthcare (THC) May weekly 20 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 4.

Tyson Foods (TSN) May weekly 62 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 4.

Varian (VAR) May 114 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 4.

Williams Cos (WMB) May weekly 19.50 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 4.

Activision Blizzard (ATVI) May weekly 63.50 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 5.

Alaska Air (ALK) May 32.50 straddle priced for a move of 15% into the expected release of quarter results on May 5.

Beyond Meat (BYND) May weekly 99 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 5.

Cheesecake Factory (CAKE) May 22.50 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 5.

Devon Energy (DVN) May weekly 12.50 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 5.

Electronic Arts (EA) May weekly 114 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 5.

Fiat Chrysler (FCAU) May weekly 8.5 straddle priced for a move of 18% into the expected release of quarter results before the bell on May 5.

Illinois Tool Works (ITW) May weekly 162.50 straddle priced for a move of 7% into the expected release of quarter results on May 5.

KLA Corp (KLAC) May weekly 165 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 5.

Match Group (MTCH) May weekly 77 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 5.

Oasis Petroleum (OAS) May 1 straddle priced for a move of 50% into the expected release of quarter results after the bell on May 5.

Occidental Petroleum (OXY) May weekly 17 straddle priced for a move of 15% into the expected release of quarter results on May 5.

Simon Property (SPG) May 65 straddle priced for a move of 15% into the expected release of quarter results before the bell on May 5.

Sirius (SIRI) May weekly 6 straddle priced for a move of 12% into the expected release of quarter results before the bell on May 5.

Sysco (SYY) May weekly 56.50 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 5.

Suncor (SU) May weekly 18 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 5.

Trip Advisor (TRIP) May weekly 20 straddle priced for a move of 21% into the expected release of quarter results on May 5.

Walt Disney (DIS) May weekly 108 straddle priced for a move of 6% into the expected release of quarter results after the bell on May 5.

Virgin Galactic (SPCE) May weekly 17.50 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 5.

Wayfair (W) May weekly 124 straddle priced for a move of 20% into the expected release of quarter results before the bell on May 5.

Wright Medical (WMGI) May 30 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 5.

3D Systems (DDD) May weekly 8.5 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 6.

FireEye (FEYE) call put ratio 21 calls to 1 put with focus on May 11 calls.

GSX Techedu Inc. (GSX) May call option implied volatility is at 109, June is at 10; compared to its 52-week range of 61 to 162 after mentioned cautiously again by Citron Research. Call put ratio 1 call to 7 puts with focus on May 35 puts.

Options with decreasing option implied volatility: JNJ AMRN LQD NLY XLU
Increasing unusual option volume: NLSN VNOM MED STWD FEYE HOLX EXPR
Increasing unusual call option volume: HOLX UA AXL STWD NAT LLNW OAS AVDL OSTK SCO UCO USO APRN
Increasing unusual put option volume: VNOM STWD NAT DFS EURN FRO
Popular stocks with increasing unusual volume: GE AAL ET CCL DAL
Active options: AAPL TSLA MSFT FB AMD BA TWTR AAL T BAC AMZN ET GILD CCL DAL NFLX ZM MU C GE
Global S&P Futures are recently down 2% in premarket, Nikkei down 2.2%, DAX down 2%, WTI Crude oil is recently at $18.75, natural gas mixed, gold at $1679 an ounce