Pre-Market IV Report May 23, 2019

Pre-Market IV Report May 23, 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: MNK TSLA KR QCOM KMX NRZ ONCE MDT KHC ORCL BBY CTRP LB

Options expected to have increasing volume: TSLA VIPS DB MDT FL LB NTAP AVP BBY

Tesla (TSLA) May weekly call option implied volatility is at 80, June is at 63; compared to its 52-week range of 38 to 86. TSLA shares are down 11 of the past 12 days. $TSLA is recently down 4% to 185 in the premarket.

Apple (AAPL) May weekly call option implied volatility is at 38, June is at 30; compared to its 52-week range of 16 to 46 into WWD on June 3. Call put ratio 1 call to 1.3 put.

Uber (UBER) May weekly call option implied volatility is at 51, June is at 45; compared to its 2-week range of 48 to 58. Call put ratio 1.3 calls to 1 put.

Lyft (LYFT) May weekly call option implied volatility is at 55, June is at 50; compared to its 4-week range of 49 to 79.
Pinterest (PINS) May weekly call option implied volatility is at 60, June is at 58; compared to its 3-week range of 61 to 97.

Zoom (ZM) June call option implied volatility is at 77, July is at 74; compared to its 4-week range of 68 to 86.

Beyond Meat (BYND) June call option implied volatility is at 88, July is at 124; compared to its 2-week range of 95 to 124.

Levi Strauss (LEVI) June call option implied volatility is at 31, July is at 35; compared to its 6-week range of 31 to 54.
Tradeweb Markets (TW) June call option implied volatility is at 43, July is at 44; compared to its 4-week range of 45 to 62.

Avon Products (AVP) overall option implied volatility is at 68; compared to its 52-week range of 48 to 106 into Natura confirms purchase deal.

United States Natural Gas (UNG) May weekly and June call option implied volatility is at 23; compared to its 52-week range of 22 to 112.

United States Oil Fund (USO) May weekly and June call option implied volatility is at 22; compared to its 52-week range of 22 to 61 as WTI trades below $61.

Straddle prices for stocks expected to report quarterly results this week

Best Buy (BBY) June 69 straddle priced for move of 8.5% into the expected release of release of quarterly results today before the bell

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

Hewlett Packard (HPE) May weekly 15 straddle priced for move of 5.5% into the expected release of release of quarterly results today after the bell

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

Intuit (INTU) May weekly 247.50 straddle priced for move of 4% into the expected release of release of quarterly results today after the bell

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

Footlocker (FL) May weekly 54 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

Krsh Csi Ch Intern (KWEB) overall option implied volatility is at 30; compared to its 52-week range of 20 to 48. Call put ratio call put ratio 1 call to 62 puts with focus on June 46 and August 41.74 puts.

Freeport-McMoran (FCX) overall option implied volatility is at 44; compared to its 52-week range of 33 to 68. Call put ratio 4.8 calls to 1 put.

Kinder Morgan (KMI) overall option implied volatility is at 18; compared to its 52-week range of 16 to 41. Call put ratio 8.7 calls to 1 put with focus on June 22 and July 21 calls.

Increasing unusual option volume: AYI PAM CNQ CNX PSXP NTAP CPRT COT LOW
Increasing unusual call option volume: CNX CNQ EPI DXC EMB CPRT SE ROST AVP LOW KMI FCX
Increasing unusual put option volume: OAS NTAP KWEB URBN CPRT LTHM HRL NDSN KWEB
Popular stocks with increasing unusual volume: LOW GE KSS BBY TGT QCOM BABA
Options with decreasing option implied volatility: MRTX AVYA ARRY TGTX FTCH QD IGT KEM AAP JWN XLNX DIS
Active options: BAC MU NFLX TWTR NVDA FB TGT AMZN AAPL TSLA QCOM BABA BIDU LOW MSFT AMD GE INTC