Pre-Market IV Report May 17, 2019

Pre-Market IV Report May 17, 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: LB AVYA HIIQ S ASHR S CLDR NIO BABA KHC

Options expected to have increasing volume: PINS LYFT UBER DE BOOT BIDU MU AMD STX NVDA AVGO IQ

S&P Dep Receipts (SPY) May call option implied volatility is at 17, June is at 14; compared to its 52-week range of 9 to 32 into US: Leading Indicators.

Volatility trended lower on Wednesday and Thursday as fears regarding global trade negotiations and tariff threats subsided.
Today at 9:00 a.m. US: Leading Indicators
May 24 – 7:30 a.m. US: Durable Goods Orders
The Group of 20 summit in Osaka late next month.
Falling bond yields often indicate declining confidence in the economy. Bond yields in the U.S. are close to their lowest since 2016.
Is the market fairly valuing this week’s events: the imposition of 25% tariffs on a range of Chinese goods, China’s retaliation, and a series of practical preparations for possible war with Iran?

Starbucks (SBUX) May call option implied volatility is at 17, June is at 16; compared to its 52-week range of 15 to 38 into Luckin (LK) IPO.

Pinterest (PINS) May call option implied volatility is at 233, June is at 74; compared to its 2-week range of 79 to 98 into shares trading lower in the premarket on less than expected revenues. Call put ratio 1.6 calls to 1 put.

Uber (UBER) May weekly call option implied volatility is at 57, June is at 56

Lyft (LYFT) May call option implied volatility is at 63, June is at 56; compared to its 4-week range of 49 to 79.

Straddle prices for stocks expected to report results next week

International Game Technology (IGT) June 14 straddle priced for move of 14% into the expected release of release of EPS before the bell on May 20

AutoZone (AZO) May weekly 982 straddle priced for move of 6% into the expected release of release of EPS before the bell on May 21

J.C. Penney (JCP) May weekly 1 straddle priced for move of 20% into the expected release of release of EPS before the bell on May 21

Kohls (KSS) May weekly 64 straddle priced for move of 7.5% into the expected release of release of EPS before the bell on May 21

Home Depot (HD) May weekly 192 straddle priced for move of 3.5% into the expected release of release of EPS before the bell on May 21

TJX (TJX) June 52.50 straddle priced for move of 6% into the expected release of release of EPS before the bell on May 21

Toll Brother (TOL) May weekly 39 straddle priced for move of 6% into the expected release of release of EPS after the bell on May 21

Urban Outfitters (URBN) May weekly 27 straddle priced for move of 10% into the expected release of release of EPS after the bell on May 21

Ctrip (CTRP) May weekly 39 straddle priced for move of 9% into the expected release of release of EPS after the bell on May 22

L Brands (LB) May weekly 22.50 straddle priced for move of 10% into the expected release of release of EPS after the bell on May 22

Shoe Carnival (SCVL) June 35 straddle priced for move of 15% into the expected release of release of EPS after the bell on May 22

Target (TGT) May weekly 70 straddle priced for move of 6.5% into the expected release of release of EPS before the bell on May 22

Vipshop (VIPS) May weekly 8.5 straddle priced for move of 14% into the expected release of release of EPS after the bell on May 22

Williams-Sonoma (WSM) June 52.50 straddle priced for move of 9.5% into the expected release of release of EPS on May 22

Autodesk (ADSK) May weekly 177.50 straddle priced for move of 7.5% into the expected release of release of EPS after the bell on May 23

BJs Wholesale Club (BJ) June straddle priced for move of 12% into the expected release of release of EPS before the bell on May 23

Deckers Outdoor (DECK) June 145 straddle priced for move of 11% into the expected release of release of EPS after the bell on May 23

Hewlett Packard (HPE) May weekly 14.50 straddle priced for move of 6% into the expected release of release of EPS after the bell on May 23

Intuit (INTU) May weekly 247 straddle priced for move of 6% into the expected release of release of EPS after the bell on May 23

Hormel Foods (HRL) May weekly 40 straddle priced for move of 5% into the expected release of release of EPS before the bell on May 213

Sina (SINA) June 52.50 straddle priced for move of 12.50% into the expected release of release of EPS after the bell on May 23

Toro (TTC) June 75 straddle priced for move of 9% into the expected release of release of EPS before the bell on May 23

Footlocker (FL) May weekly 55.50 straddle priced for move of 13% into the expected release of release of EPS before the bell on May 24

Hibbet Sports (HIBB) June 20 straddle priced for move of 14% into the expected release of release of EPS before the bell on May 24

Buckle (BKE) June 19 straddle priced for move of 12% into the expected release of release of EPS before the bell on May 24

Increasing unusual option volume: BPL AM AOS EXPR SO MOS JBLU TMUS UPS DDS
Increasing unusual call option volume: BPL SO MOS TLRA KEM JBLU NOW
Increasing unusual put option volume: EXPR TDG MLNX BCRX R FCAU MRVL CIEN WMT
Popular stocks with increasing unusual: WMT LB URBN BAX VALE CRUS EXPR FCAU
Options with decreasing option implied volatility: MYL BPL WMT
Active options: AAPL NVDA BABA AMZN AMD TSLA FB CSCO MSFT NFLX BAC MU WMT BPL T QCOM BA SNAP DIS JD