Pre-Market IV Report May 22, 2019

Pre-Market IV Report May 22, 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 over looked information.

Options with increasing option implied volatility: LULU MDT ORCL LOW JWN KHC TGT BBY MNK KR ONCE MLNX VIPS LB

Options expected to have increasing volume: QCOM AAPL LOW URBN TOL AVP PVH JWN ADI TGT LB VF ADSK BBY HPE INTU MDT ROST PSTG ADI TGT VFC AAP

Qualcomm (QCOM) May weekly call option implied volatility is at 37, June is at 30; compared to its 52-week range of 19 to 43 into judge rules violated antitrust law, CNBC reports. Call put ratio 2.4 calls to 1 put.

Apple (AAPL) May weekly call option implied volatility is at 30, June is at 27; compared to its 52-week range of 16 to 46 into judge rules Qualcomm (QCOM) violated antitrust law, CNBC reports. Call put ratio 1 call to 1 put.

S&P Dep Receipts (SPY) May weekly call option implied volatility is at 16, June is at 14; compared to its 52-week range of 9 to 32 into the release of FOMC Minutes.

Avon Products (AVP) 30-day option implied volatility is at 68; compared to its 52-week range of 47 to 106 into renewed reports of M&A interest. Call put ratio 1 call to 6.9 puts with focus on January 1.5 puts.

Iovance Biotherapeutics (IOVA) 30-day option implied volatility is at 70; compared to its 52-week range of 30 to 169 into ASCO.

Straddle prices for stocks expected to report quarterly results this week

Ctrip (CTRP) May weekly 37 straddle priced for move of 9.5% into the expected release of release of quarterly results today after the bell

L Brands (LB) May weekly 22.50 straddle priced for move of 10% into the expected release of release of quarterly results today after the bell

Shoe Carnival (SCVL) June 30 straddle priced for move of 15% into the expected release of release of quarterly results today after the bell

Target (TGT) May weekly 72 straddle priced for move of 7% into the expected release of release of quarterly results today before the bell

Vipshop (VIPS) May weekly 8 straddle priced for move of 14% into the expected release of release of quarterly results today after the bell

A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement.

Williams-Sonoma (WSM) June 55 straddle priced for move of 10% into the expected release of release of quarterly results on May 22

Autodesk (ADSK) May weekly 175 straddle priced for move of 8% into the expected release of release of quarterly results after the bell on May 23

BJs Wholesale Club (BJ) June 25 straddle priced for move of 14% into the expected release of release of quarterly results before the bell on May 23

Deckers Outdoor (DECK) June 150 straddle priced for move of 11% into the expected release of release of quarterly results after the bell on May 23

Hewlett Packard (HPE) May weekly 15 straddle priced for move of 6% into the expected release of release of quarterly results after the bell on May 23

Intuit (INTU) May weekly 245 straddle priced for move of 4% into the expected release of release of quarterly results after the bell on May 23

Hormel Foods (HRL) May weekly 40 straddle priced for move of 5.5% into the expected release of release of quarterly results before the bell on May 213

Sina (SINA) June 47.50 straddle priced for move of 12% into the expected release of release of quarterly results after the bell on May 23

Toro (TTC) June 70 straddle priced for move of 8.5% into the expected release of release of quarterly results before the bell on May 23

Medtronic (MDT) June 87.50 straddle priced for move of 4.5% into the expected release of release of quarterly results before the bell on May 23

Best Buy (BBY) June 70 straddle priced for move of 8.5% into the expected release of release of quarterly results before the bell on May 23

Ross Stores (ROST) May 97.50 straddle priced for move of 8% into the expected release of release of quarterly results before the bell on May 23

Footlocker (FL) May weekly 56 straddle priced for move of 11% into the expected release of release of quarterly results before the bell on May 24

Hibbet Sports (HIBB) June 20 straddle priced for move of 14.5% into the expected release of release of quarterly results before the bell on May 24

Buckle (BKE) June 17.50 straddle priced for move of 12% into expected release of quarterly results before the bell on May 24

Increasing unusual option volume: SSRM GEO IOVA BCRX MNK SRE
Increasing unusual call option volume: SSRM NCR SRE SFLY AVYA TLRA JWN HDS
Increasing unusual put option volume: GEO MTG AVP MNK ARRY YEXT
Popular stocks with increasing unusual volume: DIS ROKU KSS UNH
Options with decreasing option implied volatility: KPTI MRTX TLRY AKBA M KEM FTCH PLCE MYL QCOM BPL
Active options: AAPL TSLA BAC BABA AMZN FB AMD MU T MSFT INTC NVDA QCOM NFLX BIDU DIS ROKU KSS BA UNH