Pre-Market IV Report May 4, 2020

Pre-Market IV Report May 4, 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: HTZ INO ACB CHK ZNGA NAT WLL NAT UNG WLL TTD BUD

Options expected to have increasing volume: DIS SPCE HTZ CAR AIG UAL DAL LUV AAL ALGT HA

Berkshire Hathaway (BRK.B) 30-day option implied volatility is at 28; compared to its 52-week range of 13 to 78 into Warren Buffett sells all stakes in US airlines and tells investors Berkshire Hathaway can find nothing to buy.

Hertz Global (HTZ) May weekly call option implied volatility is at 440, May is at 390; compared to its 52-week range of 40 to 434 into the expected release of quarter results today before the bell Call put ratio 1 call to 1.8 puts.

Avis Budget Group (CAR) May call option implied volatility is at 165, June is at 140; compared to its 52-week range of 36 to 320 into the expected release of quarter results today before the bell. Call put ratio 1 call to 2.8 puts.

Straddle prices for stocks into quarter results, outlook, cash flow and capital outlook

American International Group (AIG) May weekly 24 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Avis Budget Group (CAR) May weekly 14 straddle priced for a move of 26% into the expected release of quarter results today.

Cirrus Logic (CRUS) May weekly 71 straddle priced for a move of 10% into the expected release of quarter results today after the bell.

Diamondback Energy (FANG) May 40 straddle priced for a move of 16% into the expected release of quarter results today.

Hertz Global (HTZ) May weekly 3.5 straddle priced for a move of 43% into the expected release of quarter results today.

Shake Shack (SHAK) May weekly 52 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Skyworks (SWKS) May weekly 99 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Tenet Healthcare (THC) May weekly 17.50 straddle priced for a move of 18% into the expected release of quarter results today.

Tyson Foods (TSN) May weekly 60 straddle priced for a move of 13% into the expected release of quarter results today.

Williams Cos (WMB) May weekly 18.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Activision Blizzard (ATVI) May weekly 65 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 5.

Alaska Air (ALK) May 30 straddle priced for a move of 15% into the expected release of quarter results on May 5.
Beyond Meat (BYND) May weekly 92 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 5.

Cheesecake Factory (CAKE) May 20 straddle priced for a move of 15% into the expected release of quarter results after the bell on May 5.

Devon Energy (DVN) May weekly 11 straddle priced for a move of 18% into the expected release of quarter results after the bell on May 5.

Electronic Arts (EA) May weekly 113 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 5.

Fiat Chrysler (FCAU) May weekly 8.5 straddle priced for a move of 18% into the expected release of quarter results before the bell on May 5.

Illinois Tool Works (ITW) May weekly 160 straddle priced for a move of 8% into the expected release of quarter results on May 5.

KLA Corp (KLAC) May weekly 150 straddle priced for a move of 9% into the expected release of quarter results after the bell on May 5.

Match Group (MTCH) May weekly 75 straddle priced for a move of 16% into the expected release of quarter results after the bell on May 5.

Oasis Petroleum (OAS) May 1 straddle priced for a move of 50% into the expected release of quarter results after the bell on May 5.

Occidental Petroleum (OXY) May weekly 15 straddle priced for a move of 17% into the expected release of quarter results on May 5.

Simon Property (SPG) May 65 straddle priced for a move of 15% into the expected release of quarter results before the bell on May 5.

Sirius (SIRI) May weekly 6 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 5.

Sysco (SYY) May weekly 52.50 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 5.

Suncor (SU) May weekly 17 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 5.

Trip Advisor (TRIP) May weekly 18 straddle priced for a move of 22% into the expected release of quarter results on May 5.

Walt Disney (DIS) May weekly 105 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on May 5.

Virgin Galactic (SPCE) May weekly 18 straddle priced for a move of 21% into the expected release of quarter results after the bell on May 5.

Wayfair (W) May weekly 122 straddle priced for a move of 21% into the expected release of quarter results before the bell on May 5.

Wright Medical (WMGI) May 30 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 5.

3D Systems (DDD) May weekly 8 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 6.

Adtran (ADTN) May 10 straddle priced for a move of 20% into the expected release of quarter results after the bell on May 6.

Apache (APA) May weekly 11 straddle priced for a move of 17% into the expected release of quarter results after the bell on May 6.

Barrick Gold (GOLD) May weekly 27 straddle priced for a move of 8% into the expected release of quarter results after the bell on May 6.

Options with decreasing option implied volatility: MCD XLU NLY LQD AMRN
Increasing unusual option volume: WMGI CHD CLB CNX FVRR NAT SRE APO IVR WY
Increasing unusual call option volume: CNX JNK SMAR NAT ITB APO LUV ELY
Increasing unusual put option volume: IVR CNX NAT WY HUN FOXA BYD
Popular stocks with increasing unusual volume: ZM X GILD DAL F
Active options: AAPL TSLA AMD FB AMZN AAL MSFT BA BAC NFLX X GILD CCL DAL BABA GE ZM C F SNAP

Global S&P Futures are recently down 1% in premarket, Nikkei down 2%, DAX down 3%, WTI Crude oil is recently at $18.31, natural gas up 3%, gold at $1714 an ounce