Pre-Market IV Report October 18, 2018

Pre-Market IV Report October 18, 2018

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 overlooked information.

Options with increasing option implied volatility: MRNS AMRN HEAR M PX CZR NOK PX AZO AAP DB PYPL ISRG SLB HON TTS SLB

Options expected to have increasing volume: SKX ECYT FXI TRV PPG KEY MUE TXT GPC DOV WBC PM DHR BK NVS BX BBT KMI TRI AXP

China stock option implied volatility bid as shares trend lower

iShares China Large-Cap (FXI) October 32, November is at 28; compared to its 52-week range of 16 to 33 as shares near 15-month low.

Alibaba (BABA) October call option implied volatility is at 41, November is at 39; compared to its 52-week range of 25 to 51 as shares near low end of 14 month range

iQIYI (IQ) October call option implied volatility is at 61, November is at 66; compared to its 24-week range of 55 to 121 as shares near low end of four month range.

China Mobile (CHL) October call option implied volatility is at 23, November is at 20; compared to its 52-week range of 12 to 25.

Caesars Entertainment (CZR) October call option implied volatility is at 130, November is at 62; compared to its 52-week range of 27 to 64 after recent reports Tilman Fertitta has approached about a possible merger.

Endocyte (ECYT) October call option implied volatility is at 82, November is at 78; compared to its 52-week range of 53 to 129 into Novartis (NOV) acquisition for $24 per share.

Straddle prices for stocks expected to report results this week

American Express (AXP) October 105 straddle priced for move of 3.2% into the expected release of EPS on October 18
Intuitive Surgical (ISRG) October 542.50 straddle priced for move of 5% into the expected release of EPS on after the close on October 18
PayPal (PYPL) October 80 straddle priced for move of 6% into the expected release of EPS before the open on October 18
Skechers (SKX) October 26.50 straddle priced for move of 16% into the expected release of EPS after the close on October 18
Honeywell (HON) October 160 straddle priced for move of 3% into the expected release of EPS before the open on October 19
Kansas City Southern (KSU) October 105 straddle priced for move of 3.5% into the expected release of EPS before the open on October 19
Proctor and Gamble (PG) October 82 straddle priced for move of 3% into the expected release of EPS before the open on October 19
State Street (STT) October 82.50 straddle priced for move of 4.2% into the expected release of EPS before the open on October 19
Synchrony (SYF) October 30 straddle priced for move of 5.1% into the expected release of EPS before the open on October 19
Schlumberger (SLB) October 59 straddle priced for move of 3.1% into the expected release of EPS before the open on October 19

Increasing unusual option volume: IRWD GOGL EWH SNDR RYAM EMB MTB HBAN CATM SSNC
Increasing unusual option volume: AFSI BZH BKLN ERIC CSTM NPTN LGND DISCA TEX GPC AES
Increasing unusual call option volume: AFSI CSTM ERIC DISCA CBRL GPC NOK AKCA
Increasing unusual put option volume: AFSI BKLN DISCA GPC BZH DVAX DOV SNA FND BLL
Popular stocks with increasing unusual: MS CZR M PBR
Options with decreasing option implied volatility: VIX UVXY NIO VXX NFLX GWW PGNX WGO CREE IBM ADBE NBEV AMRN CSX NFLX UAL ABT
Cboe Bitcoin October futures down 5 to 6420