Pre-Market IV Report October 29, 2019

Pre-Market IV Report October 29, 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: PCG AAPL FB WMT TGT CLVS FIT M AMRN GNW APA CRUS CREE GRUB BYND

Options expected to have increasing volume: GOOG GOOGL MRTX GRUB TIF TPR CPRI BABA FB SPQ QQQ BYND TXRH NXPI OI BA AAPL FB GE PCG EIX

S&P Dep Receipts (SPY) November weekly call option implied volatility is at 11, November is at 10; compared to its 52-week range of 9 to 32 into upcoming FOMC policy meeting and October employment report, AAPL & FB results. Call put ratio 1 call to 2.3 puts.

PowerShares QQQ Trust (QQQ) November weekly call option implied volatility is at 15, November is at 14; compared to its 52-week range of 14 to 37 into upcoming FOMC policy meeting and October employment report.

Financial Select Sector SPDR ETF (XLF) November weekly call option implied volatility is at 16, November is at 15; compared to its 52-week range of 13 to 35.

Boeing (BA) November weekly call option implied volatility is at 28, November is at 26; compared to its 52-week range of 23 to 46 into CEO testifying on 737 Max jet on Capitol Hill. Call put ratio 1.8 calls to 1 put.

Alibaba (BABA) November weekly call option implied volatility is at 54, November is at 33; compared to its 52-week range of 24 to 58 into the expected release of financial results on November 1. Call put ratio 3.9 calls to 1 put with focus on November 180 and 182.50 calls after the Chinese e-commerce and cloud computing giant announced that Taylor Swift will perform at the company’s 11.11 Countdown Gala. This year’s event, the 11th 11.11 Global Shopping Festival, will be broadcast live by Youku, Shanghai Dragon TV and Zhejiang TV.

Fitbit (FIT) November weekly call option implied volatility is at 211, November is at 145; compared to its 52-week range of 38 to 96 after Reuters M&A report. Call put ratio 2.2 calls to 1 put with focus on November 5 calls as shares rally 30% on renewed M&A reports.

PG&E (PCG) November weekly call option implied volatility is at 334, November is at 243; compared to its 52-week range of 28 to 253 on Northern California wild fires. Call put ratio 1.7 calls to 1 put.

Edison Int’l (EIX) November call option implied volatility is at 37, December is at 31; compared to its 52-week range of 21 to 74 on California wild fires. Call put ratio 1 call to 5.9 puts.

Generac Holdings (GNRC) November call option implied volatility is at 54, December is at 37; compared to its 52-week range of 22 to 55 as PG&E (PCG) shuts down customer power for safety. Call put ratio 1 call to 1 put.

Tiffany & Co. (TIF) November and December call option implied volatility is at 27; compared to its 52-week range of 21 to 51 after LVMH explores potential takeover. Call put ratio 1 call to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Electronic Arts (EA) November weekly 97 straddle priced for a move of 7.5% into the expected release of financial results after today after the bell

Herbal Life (HLF) November weekly 40.50 straddle priced for a move of 8.5% into the expected release of financial results today after the bell

Mattel (MAT) November weekly 10.50 straddle priced for a move of 12.5% into the expected release of financial results today after the bell

Merck (MRK) November weekly 82.50 straddle priced for a move of 3.5% into the expected release of financial results before the bell on October 29

Zynga (ZNGA) November weekly 6 straddle priced for a move of 21% into the expected release of financial results today after the bell

Pfizer (PFE) November weekly 37 straddle priced for a move of 3.5% into the expected release of financial results on October 30

Master Card (MA) November weekly 275 straddle priced for a move of 3.5% into the expected release of financial results on October 30

General Electric (GE) November weekly 9 straddle priced for a move of 5.5% into the expected release of financial results on October 30

3D System (DDD) November weekly 9 straddle priced for a move of 16% into the expected release of financial results after the bell on October 30

8×8 (EGHT) November 20 straddle priced for a move of 12% into the expected release of financial results after the bell on October 30

Adtran (ADTN) November 9 straddle priced for a move of 11% into the expected release of financial results on October 30

Apache (APA) November weekly 22 straddle priced for a move of 8% into the expected release of financial results on October 30

Apple (AAPL) November weekly 250 straddle priced for a move of 4.5% into the expected release of financial results after the bell on October 30

CME Group (CME) November weekly 200 straddle priced for a move of 3% into the expected release of financial results before the bell on October 30

Columbia (COLM) November 95 straddle priced for a move of 7.5% into the expected release of financial results after the bell on October 30

Cirrus Logic (CRUS) November weekly straddle 58 priced for a move of 7.5% into the expected release of financial results after the bell on October 30

Crox (CROX) November 35 straddle priced for a move of 13% into the expected release of financial results before the bell on October 30

Cree (CREE) November weekly 48 straddle priced for a move of 9% into the expected release of financial results after the bell on October 30

Deutsche Bank (DB) November weekly 8 straddle priced for a move of 6% into the expected release of financial results before the bell on October 30

Etsy (ETSY) November weekly 57.50 straddle priced for a move of 12% into the expected release of financial results after the bell on October 30

Facebook (FB) November weekly 187.50 straddle priced for a move of 6% into the expected release of financial results after the bell on October 30

GlaxoSmithKline (GSK) November weekly 45 straddle priced for a move of 2% into the expected release of financial results before the bell on October 30

Hyatt (H) November 75 straddle priced for a move of 6.5% into the expected release of financial results after the bell on October 30

KLA Corp (KLAC) November 170 straddle priced for a move of 7% into the expected release of financial results after the bell on October 30

Motorola Solutions (MSI) November 160 straddle priced for a move of 6.5% into the expected release of financial results after the bell on October 30

Pilgrims Price (PPC) November 30 straddle priced for a move of 7% into the expected release of financial results after the bell on October 30

Starbucks (SBUX) November weekly 84 straddle priced for a move of 5% into the expected release of financial results after the bell on October 30

SunPower (SPWR) November weekly 9 straddle priced for a move of 13% into the expected release of financial results on October 30

Tupperware Brand (TUP) November straddle 17.5 priced for a move of 13% into the expected release of financial results on October 30

Vertex (VRTX) November weekly 195 straddle priced for a move of 4% into the expected release of financial results after the bell on October 30

Western Digital (WDC) November weekly 62.50 straddle priced for a move of 8% into the expected release of financial results after the bell on October 30

WellCare (WCG) November 280 straddle priced for a move of 3.5% into the expected release of financial results after the bell on October 30

Williams Co (WMB) November weekly 23 straddle priced for a move of 4.5% into the expected release of financial results after the bell on October 30

Yum Brands (YUM) November weekly 110 straddle priced for a move of 4% into the expected release of financial results before the bell on October 30

Alibaba (BABA) November weekly 180 straddle priced for a move of 5% into the expected release of financial results before the bell on November 1

Options with decreasing option implied volatility: BB TWTR TIF BIIB AMTD ACHN GOSS SMSI
Increasing unusual option volume: LEG XNET ENTG AOS SPCE RRD FIT COTY
Increasing unusual call option volume: XLC GPOR MRTX XNET SAFM SPCE CLVS DBD TIF TMUS
Increasing unusual put option volume: LEG FND TPX RSX GLW FIT TWOU COTY EIX
Popular stocks with increasing unusual volume: VALE PCG FIT NIO BYND PFE
Active options: TSLA MSFT AAPL AMD T BAC NIO ROKU BABA FB INTC FIT BYND AMZN NFLX TWTR PFE PCG GE VALE

Global S&P Futures are recently up 0.05 from previous day. Nikkei 225 up 0.2%, DAX down 0.01%, WTI Crude oil is recently at $55.41, natural gas up 2.4%, gold at $1496 an ounce