Pre-Market IV Report October 15, 2019

Pre-Market IV Report October 15, 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: AMRN NTAP AMLP TAST INSM SDC GME MX GDI WMT DB BBD AMD NOK

Options expected to have increasing volume: C BAC JPM WFC

Financial Select Sector SPDR ETF (XLF) October call option implied volatility is at 22, November is at 18; compared to its 52-week range of 13 to 35 into banks releasing financial results this week. Call put ratio 2.3 calls to 1 put.

Apple (AAPL) October call option implied volatility is at 23, November is at 27; compared to its 52-week range of 19 to 56 as shares near record high. Call put ratio 1 call to 1 put.

Turkcell Iletisim Hizmetleri A.s. (TKC) 30 day option implied volatility is at 50; compared to its 52-week range of 29 to 251 as shares trend lower.

iShares MSCI Turkey ETF (TUR) 30 day option implied volatility is at 40; compared to its 52-week range of 28 to 52 as shares trend lower. Call put ratio 1 call to 18.5 puts with focus on October 24 puts.

Tesla (TSLA) October call option implied volatility is at 44, November is at 51; compared to its 52-week range of 42 to 85 into the expected release of quarter results on October 22, expected electric pickup truck unveiling in November. Call put ratio 1 call to 1 put.

Nordic American Tanker (NAT) October call option implied volatility is at 105, November is at 95; compared to its 52-week range of 44 to 114 after sharp rally. Call put ratio 4.7 calls to 1 put. With focus on January 3 calls.

Teekay Tankers Ltd (TNK) 30 day option implied volatility is at 111; compared to its 52-week range of 97 to 144 after sharp rally. Call put ratio 82 calls to 1 put with focus on May 2.5 and 5 calls.

Hilton Grand Vacations (HGV) October call option implied volatility is at 44, November is at 31; compared to its 52-week range of 26 to 54. call put ratio 2.1 calls to 1 put with focus on October 34 calls as shares rally 5.9% after M&A reports.

Harley-Davidson (HOG) October weekly call option implied volatility is at 35, November is at 39; compared to its 52-week range of 25 to 45. Call put ratio 1 call to 6 puts with focus on January 27.50 and February 30 puts.

Straddle prices for stocks expected to report quarterly results this week

Abbott Laboratories (ABT) October 79.50 straddle priced for a move of 3.5% into the expected release of financial results before the bell on October 16

Alcoa (AA) October 19 straddle priced for a move of % into the expected release of financial results after the bell on October 16

Bank of America (BAC) October 29 straddle priced for a move of 3.5% into the expected release of financial results before the bell on October 16

Bank of New York Mellon (BK) October straddle 44 priced for a move of 4% into the expected release of financial results before the bell on October 16

Comerica (CMA) October 65 straddle priced for a move of 4% into the expected release of financial results before the bell on October 16

CSX Corp (CSX) October 68.50 straddle priced for a move of 4.5% into the expected release of financial results after the bell on October 16

IBM (IBM) October 142 straddle priced for a move of 5% into the expected release of financial results after the bell on October 16

Kinder Morgan (KMI) October 20 straddle priced for a move of 3% into the expected release of financial results after the bell on October 16

Netflix (NFLX) October 285 straddle priced for a move of 9.5% into the expected release of financial results after the bell on October 16

Steel Dynamics (STLD) October 30 straddle priced for a move of 4% into the expected release of financial results on October 16

PNC Financial (PNC) October 140 straddle priced for a move of 3% into the expected release of financial results before the bell on October 16

U.S. Bancorp (USB) October 53.5 straddle priced for a move of 2.5% into the expected release of financial results before the bell on October 16

United Rental (URI) October 119 straddle priced for a move of 7.5% into the expected release of financial results after the bell on October 16

Bank of OZK (OZK) October 25 straddle priced for a move of 10% into the expected release of financial results after the bell on October 17

BB&T (BBT) October 50 straddle priced for a move of 4% into the expected release of financial results before the bell on October 17

E*Trade (ETFC) October 39 straddle priced for a move of 5% into the expected release of financial results after the bell on October 17

Genuine Parts (GPC) October 96.50 straddle priced for a move of 4.5% into the expected release of financial results before the bell on October 17

Honeywell (HON) October 162.50 straddle priced for a move of 3% into the expected release of financial results before the bell on October 17

Intuitive Surgical (ISRG) October 520 straddle priced for a move of 4.5% into the expected release of financial results before the bell on October 17

KeyCorp (KEY) October 17 straddle priced for a move of 3.5% into the expected release of financial results before the bell on October 17

Morgan Stanley (MS) October 42 straddle priced for a move of 3.5% into the expected release of financial results before the bell on October 17

Philip Morris (PM) October 77.50 straddle priced for a move of 4% into the expected release of financial results before the bell on October 17

Snap-On (SNAP) October 13.50 straddle priced for a move of 5% into the expected release of financial results before the bell on October 17

Texton (TXT) October 50 straddle priced for a move of 6% into the expected release of financial results before the bell on October 17

American Express (AXP) October straddle 116 priced for a move of 3.5% into the expected release of financial results before the bell on October 18

Coca-Cola (KO) October 53.50 straddle priced for a move of 3% into the expected release of financial results before the bell on October 18

Kansas City Southern (KSU) October 132 straddle priced for a move of 4% into the expected release of financial results before the bell on October 18

Schlumberger (SLB) October 32.50 straddle priced for a move of 4% into the expected release of financial results before the bell on October 18

State Street (STT) October 57.50 straddle priced for a move of 3.4% into the expected release of financial results before the bell on October 18

Synchrony Financial (SYF) October 33 straddle priced for a move of 6% into the expected release of financial results before the bell on October 18

Options with decreasing option implied volatility: ONCE DPZ LEVI FAST BERY XLI FDX FAST BB AMTD
Increasing unusual option volume: BBD TNK RETA GOSS PE MX TRUE HGV HOG
Increasing unusual call option volume: TNK BBD MX SNBR TXT NAT QEP PE DVY
Increasing unusual put option volume: CMA GOSS PE TWOU CDNS HSIC ZUO SONO BBD GIII TUR HGV
Popular stocks with increasing unusual volume: BYND CGC PG
Active options: AAPL AMD TSLA BAC FB C AMZN MSFT JPM BABA NFLX T MU BBD BYND ROKU WFC CGC SNAP PG

Global S&P Futures are recently up 6.75 from previous day. Nikkei 225 up 1.8%, DAX down 0%, WTI Crude oil is recently at $53.21, natural gas up 0.5%, gold at $1499 an ounce