Pre-Market IV Report October 3, 2018

Pre-Market IV Report October 3, 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: NBEV ESPR WTW LL W GPRO EWZ SNAP SEAS BBY AMD CREE SHOP M INTC SPLK

Options expected to have increasing volume: COST GE EWZ JCP TPX XLE USO

Costco (COST) October weekly call option implied volatility is at 37, October is at 22, November is at 18; compared to its 52-week range of 15 to 33 into the expected release of Q4 results on October 4. Call put ratio 1.1 call to 1 put.

Tempur Sealy (TPX) October call option implied volatility is at 40, November is at 49; compared to its 52-week range of 32 t0 62 into Reuters reporting Mattress Firm to file for bankruptcy as soon. TPX was upgraded to Neutral from Sell at UBS.

Marathon Petroleum (MPC) call volume and option implied volatility elevated as WTI trades above $75.50

Marathon Oil (MPC) October weekly call option implied volatility is at 30, October is at 28, November is at 28; compared to its 52-week range of 19 to 37. Call put ratio 2.8 calls to 1 put as WTI trades above $75.50.

Chevron (CVX) October weekly call option implied volatility is at 19, October is at 17, November is at 18; compared to its 52-week range of 13 to 30.

Energy Select Sector SPDR ETF (XLE) October weekly call option implied volatility is at 15, October is at 15, November is at 16; compared to its 52-week range of 12 to 30.

Refiners option implied volatility as WTI oil trades above $75.50

Delek US (DK) 30 day option implied volatility is at 43; compared to its 52-week range of 30 to 51
HollyFrontier (HFC) 30 day option implied volatility is at 35; compared to its 52-week range of 26 to 48
Marathon Petroleum (MPC) 30 day option implied volatility is at 28; compared to its 52-week range of 19 to 37
Phillips 66 (PSX) 30 day option implied volatility is at 21; compared to its 52-week range of 15 to 34
Valero (VLO) 30 day option implied volatility is at 26; compared to its 52-week range of 18 to 37

Increasing unusual option volume: VST DTEA ACG RPM LW STNG TRI PAYX
Increasing unusual call option volume: DTEA VST AGG CRBP STNG HLT TRVN
Increasing unusual put option volume: VGK PAYX TRI AGG IYT SFIX FMC DO
Popular stocks with increasing unusual: BA VALE SFIX SFX
Options with decreasing option implied volatility: PEP SFIX PAYX TSLA AKRX NSM BBBY BB

Cboe Bitcoin October futures down 120 to 6410