Pre-Market IV Report May 18, 2020

Pre-Market IV Report May 18, 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: SRNE PCG DKNG SFIX PCG HTZ JCP RIOT

Options expected to have increasing volume: HD WMT BBY LOW BA DIS MAR BAC C GS

Apple (AAPL) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 90 into reports of U.S. store openings this week.

Straddle prices for stocks expected to report quarterly results this week

Baidu (BIDU) June 100 straddle priced for a move of 9% into the expected release of quarter results today

Nordic American Tanker (NAT) June 5 straddle priced for a move of 30% into the expected release of quarter results today after the bell.

Advanced Auto Parts (AAP) June 125 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 19.

Home Depot (HD) May weekly 240 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 19.

Wal-Mart (WMT) May weekly 126 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 19.

Kohls (KSS) May weekly 17.50 straddle priced for a move of 19% into the expected release of quarter results before the bell on May 19.

Urban Outfitters (URBN) May weekly 16.50 straddle priced for a move of 14% into the expected release of quarter results after the bell on May 19.

Analog Devices (ADI) May weekly 101 straddle priced for a move of 8% into the expected release of quarter results on May 20.

L Brands (LB) May weekly 11 straddle priced for a move of 21% into the expected release of quarter results after the bell on May 20.

Lowes (LOW) May weekly 110 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 20.

McKesson (MCK) May weekly 137 straddle priced for a move of 10% into the expected release of quarter results before the bell on May 20.

Take-Two Interactive Software (TTWO) May weekly 132 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 20.

Target (TGT) May weekly 121 straddle priced for a move of 8% into the expected release of quarter results before the bell on May 20.

Vipshop (VIPS) May weekly 17 straddle priced for a move of 17% into the expected release of quarter results on May 20.

Agilent (A) June 82.50 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 21.

Hewlett Packard (HPE) May 9 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 21.

Hormel (HRL) May weekly 48 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 21.

Medtronic (MDT) May weekly 94 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 21.

NVIDIA (NVDA) May weekly 340 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on May 21.

Palo Alto Networks (PANW) May weekly 220 straddle priced for a move of 9.5% into the expected release of quarter results after the bell on May 21.

Ross Stores (ROST) June 85 straddle priced for a move of 14% into the expected release of quarter results after the bell on May 21.

Teekay Tankers (TNK) June 17.50 straddle priced for a move of 30% into the expected release of quarter results before the bell on May 21.

TJX (TJX) June 47 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 21.

Alibaba (BABA) May weekly 205 straddle priced for a move of 4.5% into the expected release of quarter results today before the bell on May 22.

Deere (DE) May weekly 125 straddle priced for a move of 7% into the expected release of quarter results before the bell on May 22.

Pinduoduo (PDD) May 61 straddle priced for a move of 14% into the expected release of quarter results before the bell on May 22.

United States Oil Fund (USO) 30-day option implied volatility is at 65; compared to its 52-week range of 23 to 247 into WTI front month contracts expire on May 19. WTI oil above $31.

Goldman Sachs (GS) 30-day option implied volatility is at 44; compared to its 52-week range of 18 to 128 into Berkshire Hathaway (BRKA) reducing stake.

Tesla (TSLA) 30-day option implied volatility is at 66; compared to its 52-week range of 34 to 153 amdi Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a “Battery Day” in late May.

Sorrento Therapeutics (SRNE) June call option implied volatility is at 320, July is at 300; compared to its 52-week range of 75 to 325. Call put ratio 2.9 calls to 1 put.

Stitch Fix (SFIX) 30-day call option implied volatility is at 133, June is at 130; compared to its 52-week range of 45 to 133. Call put ratio 1.4 calls to 1 put with focus on June 25 calls, June 20 and June 23 puts.

DraftKings (DKNG) May call option implied volatility is at 145, June is at 121; compared to its 52-week range of 54 to 143. Call put ratio 4.5 calls to 1 put with focus on May weekly 29 and 30 calls.

VectoIQ (VTIQ) June call option implied volatility is at 175, July is at 171; compared to its 52-week range of 66 to 225. Call put ratio 1.86 calls to 1 put with focus on 22.50 and 25 calls.

Options with decreasing option implied volatility: TWLO W LQD USO SNAP
Increasing unusual option volume: SRNE SAVA AFL NLSN MITT SRG WIX DKNG
Increasing unusual call option volume: SRNE SAVA AFL WIX DKNG VNQ
Increasing unusual put option volume: SRNE SRG HP AFL CODX DKNG SFIX NAT
Popular stocks with increasing unusual volume: DKNG F SRNE PINS
Active options: AAPL TSLA AMD MSFT SRNE BAC DIS NVDA FB BA AMZN GE JD F NFLX UBER WFC PINS DKNG BABA
Global S&P Futures recently 1.1% higher in premarket, Nikkei mixed to higher 0.4%, DAX up 2.3%, WTI Crude oil recently at $31.06, natural gas up 4%, gold at $1771 an ounce