Pre-Market IV Report May 28, 2019

Pre-Market IV Report May 28, 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: ARQL MNK KR ORCL STZ CARA NLSN LULU KR ORCL KR MYL NTNX

Options expected to have increasing volume: FCAU BABA TSLA NIO WDAY KHC BABA GPS TSS TEVA MNK JNJ

Alibaba (BABA) May weekly call option implied volatility is at 34, June is at 31; compared to its 52-week range of 24 to 55 into weighing second listing to raise $20B, Bloomberg reports.

Fiat Chrysler Automobiles (FCAU) May weekly call option implied volatility is at 23, June is at 31; compared to its 52-week range of 30 to 54 into renewed partnerships reports.

Teva (TEVA) May weekly call option implied volatility is at 45, June is at 40; compared to its 52-week range of 28 to 66 into opioid litigation.

Mallinckrodt (MNK) May weekly call option implied volatility is at 55, June is at 77; compared to its 52-week range of 42 to 92 into opioid litigation.

Johnson & Johnson (JNJ) May weekly call option implied volatility is at 14, June is at 14; compared to its 52-week range of 13 to 34 into opioid litigation.

Uber (UBER) May weekly call option implied volatility is at 62, June is at 48; compared to its 3-week range of 48 to 58.

Beyond Meat (BYND) May weekly call option implied volatility is at 78, June and July is at 91; compared to its 3-week range of 95 to 124.

Straddle prices for stocks expected to report quarterly results this week

Booz Allen (BAH) June 60 straddle priced for move of 8% into expected release of quarterly results today before the bell

NIO Inc. (NIO) May weekly 4 straddle priced for move of 14% into expected release of quarterly results today before the bell on May 28

Workday (WDAY) May weekly 210 straddle priced for move of 7% into expected release of quarterly results today after the bell

Kraft Heinz (KHC) May weekly 31 straddle priced for move of 3.5% into expected release of quarterly results

58.com (WUBA) June 55 straddle priced for move of 13% into expected release of quarterly results before the bell on May 29

Abercrombie & Fitch (ANF) May weekly 24.50 straddle priced for move of 11.5% into expected release of quarterly results before the bell on May 29

Canadian Goose (GOOS) May weekly 48 straddle priced for move of 15% into expected release of quarterly results before the bell on May 29

Dicks Sporting Goods (DKS) May weekly 37 straddle priced for move of 10% into expected release of quarterly results before the bell on May 29

Palo Alto Networks (PANW) May weekly 215 straddle priced for move of 8% into expected release of quarterly results after the bell on May 29

Williams-Sonoma (WSM) June 50 straddle priced for move of 10% into expected release of quarterly results before the bell on May 29

Burlington Stores (BURL) May weekly 155 straddle priced for move of 7.5% into expected release of quarterly results before the bell on May 30

Canadian Solar (CSIQ) May weekly 17.50 straddle priced for move of 12% into expected release of quarterly results before the bell on May 30

Costco (COST) May weekly 247.50 straddle priced for move of 3% into expected release of quarterly results after the bell on May 30

Dell Technologies (DELL) June 65 straddle priced for move of 9% into expected release of quarterly results after the bell on May 30

Dollar Tree (DLTR) May weekly 98.50 straddle priced for move of 7% into expected release of quarterly results before the bell on May 30

Dollar General (DG) May weekly 122 straddle priced for move of 5.5% into expected release of quarterly results before the bell on May 30

Express (EXPR) June 4 straddle priced for move of 22% into expected release of quarterly results before the bell on May 30

Gap (GPS) May weekly 21.50 straddle priced for move of 9% into expected release of quarterly results after the bell on May 30

Marvell Technology (MRVL) May weekly 22 straddle priced for move of 7.5% into expected release of quarterly results after the bell on May 30

VMware (VMW) May weekly 197.50 straddle priced for move of 6.5% into expected release of quarterly results after the bell on May 30

Ulta Beauty (ULTA) May weekly 335 straddle priced for move of 8.5% into expected release of quarterly results before the bell on May 30

Zuora (ZUO) June 20 straddle priced for move of 14% into expected release of quarterly results after the bell on May 30

Big Lots (BIG) June 30 straddle priced for move of 13% into expected release of quarterly results before the bell on May 31

Build A Bear Workshop (BBW) June 5 straddle priced for move of 22% into expected release of quarterly results before the bell on May 31

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.

Increasing unusual option volume: DXC TSS CARA CYOU SNA BPMC JCI CLVS
Increasing unusual call option volume: DXC TSS CLVS CARA ENLC ALLY ETR JCI FOXA HIBB HRL
Increasing unusual put option volume: DXC CARA TSS XES DVAX JCI IR CY FL DO
Popular stocks with increasing unusual volume: ROKU SQ NIO
Options with decreasing option implied volatility: ARRY FL LB IGT CRBP QD JWN URBN VIPS ADSK DIS MMM APC QCOM