Pre-Market IV Report October 4, 2019

Pre-Market IV Report October 4, 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: AMD S BYND EA AMD RIG X CNX XLNX W LL AXSM FEYE DDD HLF GE GME YETI

Options expected to have increasing volume: COST INTU AVYA WLL HRTX HPQ

Option implied volatility into September jobs report and Powell comments. Hong Kong banning masks into weekend.

S&P Dep Receipts (SPY) October weekly call option implied volatility is at 22, October is at 19, November is at 18; compared to its 52-week range of 9 to 32. Call put ratio 1 call to 1.8 puts.

PowerShares QQQ Trust (QQQ) October weekly call option implied volatility is at 24, October is at 22, November is at 22; compared to its 52-week range of 14 to 37. Call put ratio 1 call to 1.8 puts.

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) October weekly call option implied volatility is at 37, October and November is at 27; compared to its 52-week range of 15 to 34. Call put ratio 3 calls to 1 put with focus on January 50 calls.

iShares 20+ Year Treasury Bond ETF (TLT) October weekly call option implied volatility is at 21, October and November is at 14; compared to its 52-week range of 8 to 17. Call put ratio 1 call to 1.6 puts with focus on October 140 puts.

Apple (AAPL) October weekly call option implied volatility is at 24, October is at 25, November is at 28; compared to its 52-week range of 19 to 46 into Apple tells suppliers to increase production of iPhone 11 Nikkei reports, says CNBC Asia.

Market Vectors Semiconductor ETF (SMH) September weekly call option implied volatility is at 30, October is at 28; compared to its 52-week range of 21 to 40 into Apple (AAPL) tells suppliers to increase production of iPhone 11 Nikkei reports, says CNBC Asia. Call put ratio 1 call to 2.4 puts.

Kroger (KR) October weekly call option implied volatility is at 29, October is at 20, November is at 28; compared to its 52-week range of 22 to 47 into the expected release of quarterly results and investors conference this autumn.

Snap (SNAP) October weekly call option implied volatility is at 75, October is at 62, November is at 77; compared to its 52-week range of 42 to 99 after Facebook (FB) announces new app. Call put ratio 1.9 calls to 1 put.

Straddle prices for stocks expected to report quarterly results next week

Dominos Pizza (DPZ) October weekly 242.50 straddle priced for a move of 7% into the expected release of financial results on October 8
Delta (DAL) October weekly 53 straddle priced for a move of 5% into the expected release of financial results before the bell on October 10
Fastenal (FAST) October weekly 30 straddle priced for a move of 8% into the expected release of financial results before the bell on October 10.
Infosys (INFY) October 11 straddle priced for a move of 6% into the expected release of financial results before the bell on October 10.

Cannabis stocks IV

Aurora Cannabis (ACB) October weekly call option implied volatility is at 112, October is at 94, November is at 89; compared to its 52-week range of 38 to 132 as shares trend lower. Call put ratio 1 call to 1.8 puts.

Canop (CGC) October weekly call option implied volatility is at 85, October is at 65, November is at 75; compared to its 52-week range of 40 to 91 as shares trend lower.

Cronos Group (CRON) October weekly call option implied volatility is at 77, October is at 69, November is at 74; compared to its 52-week range of 55 to 139 as shares trend lower.

Tilray, Inc. (TLRY) October weekly call option implied volatility is at 87, October is at 77, November is at 90; compared to its 52-week range of 47 to 179 as shares at low end of range.

Jeffries (JEF) November call option implied volatility is at 29, December is at 30; compared to its 52-week range of 22 to 46 as bond price movement increases.

Raymond James (RJF) October call option implied volatility is at 28, November is at 29; compared to its 52-week range of 20 to 43 as shares sell off. Call put ratio 1 call to 2.7 puts with focus on November 72.50 puts.

Okta, Inc. (OKTA) October weekly call option implied volatility is at 77, October is at 52, November is at 49; compared to its 52-week range of 38 to 105 as shares rally. Call put ratio 1.9 calls to 1 put with focus on October 112 calls.

CrowdStrike Holdings Inc. (CRWD) October weekly call option implied volatility is at 79, October is at 69, November is at 63; compared to its 52-week range of 53 to 90 as shares rally. Call put ratio 2.1 calls to 1 put with focus on October weekly 60.50 and 61 calls.

Cedar Fair L.P. (FUN) October call option implied volatility is at 34, November is at 33; compared to its 52-week range of 20 to 47 after recent reports Six Flags (SIX) approached Cedar Fair with takeover offer. Call put ratio 30 calls to 1 put with focus on October 60 calls.

Cohu (COHU) October call option implied volatility is at 44, November is at 49; compared to its 52-week range of 36 to 67. Call put ratio 32 calls to 1 put with focus on ATM October and November calls.

TEGNA (TGNA) October call option implied volatility is at 33, November is at 36; compared to its 52-week range of 29 to 58 after Dealreporter says Apollo pursuit of Tegna likely slowed, Bloomberg reports. Call put ratio 1 call to 6.1 puts with focus on October and November 15 puts.

The CME FedWatch tool showed a cut at the October 30th FOMC meeting has risen from less than 50% earlier this week to 88% on Thursday.

Options with decreasing option implied volatility: SFIX STZ BBBY ETFC FDX BB ULTA AMTD
Increasing unusual option volume: TIVO CNX MUX HHC SGH TECK RJF CRWD FUN COHU TGNA
Increasing unusual call option volume: TECK MUX HHC FUN NAT MEET AMTD
Increasing unusual put option volume: OPK CNX EQT FTV UNFI APH
Popular stocks with increasing unusual volume: FCX CNX BBBY T COST SNAP
Active options: AAPL TSLA AMD FB SNAP BAC MSFT ROKU NFLX AMZN BABA MU NIO NVDA COST FCX GE BBBY T CNX
Global S&P Futures are recently down 8.00 from previous day. Nikkei 225 up 0.3%, DAX 0.08%, WTI Crude oil is recently at $52.84, natural gas up 0.3%, gold at $1514 an ounce