Pre-Market IV Report October 7, 2020

Pre-Market IV Report October 7, 2020

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: VIAC T ET PFE BHC AMZN UNG SPOT BABA TWLO BCLI ET BIIB OLED

Options expected to have increasing volume: LEVI LW DKNG

DraftKings (DKNG) 30-day option implied volatility is at 92; compared to its 52-week range of 54 to 143 into a public offering of 32M shares of its Class A common stock, consisting of 16M shares being offered by DraftKings and 16M shares being offered by certain selling stockholders of DraftKings. Call put ratio 2 calls to 1 put.

Palantir (PLTR) 30-day option implied volatility is at 112. Call option implied volume on October 6, 2020 was 60K contracts, puts 10K contracts.

SPY QQQ RUT into FOMC minutes from September 15, 16 to be released and Pence Harris debate

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 27; compared to its 52-week range of 10 to 77 into FOMC minutes from September 15, 16 to be released and Pence Harris debate.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 35; compared to its 52-week range of 12 to 79.

iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 33; compared to its 52-week range of 12 to 81.

Renewable stocks into Trump Biden, House & Senate election

Sunrun (RUN) 30-day option implied volatility is at 90; compared to its 52-week range of 90 to 148 into Trump Biden, House & Senate election.

ON Semiconductor (ON) 30-day option implied volatility is at 57; compared to its 52-week range of 30 to 134 into Trump Biden, House & Senate election.

Sunova Energy (NOVA) 30-day option implied volatility is at 113; compared to its 52-week range of 91 to 139 into Trump Biden, House & Senate election. Call put ratio 3 calls to 1 put.

JinkoSolar (JKS) 30-day option implied volatility is at 91; compared to its 52-week range of 45 to 145 into Trump Biden, House & Senate election.

SolarEdge Technologies (SEDG) 30-day option implied volatility is at 78; compared to its 52-week range of 41 to 124 into Trump Biden, House & Senate election.

Canadian Solar (CSIQ) 30-day option implied volatility is at 72; compared to its 52-week range of 38 to 147 into Trump Biden, House & Senate election.

Straddle prices for stocks expected to report quarterly results this week

Lamb Weston (LW) October 70 straddle priced for a move of 9% into the expected release of quarter results today.

RPM International (RPM) October 85 straddle priced for a move of 8% into the expected release of quarter results today.

Dominos’s Pizza (DPZ) October weekly 425 straddle priced for a move of 7% into the expected release of quarter results on October 8.

Helen of Troy (HELE) October weekly 200 straddle priced for a move of 9% into the expected release of quarter results on October 8.

Acuity Brands (AYI) October 110 straddle priced for a move of 9% into the expected release of quarter results on October 8.

Delta Air Lines (DAL) 30-day option implied volatility is at 60; compared to its 52-week range of 20 to 265 Washington amid stimulus debate.

Options with decreasing option implied volatility: DOCU TSLA AMRN ZM CRM PAA CLVS CRON UA NKLA
Increasing option volume: AXTA ESI HST AMX LEVI ARNA PLTR
Increasing unusual call option volume: ESI LEVI ICLN LTHM BHP VIXM
Increasing unusual put option volume: HST ATUS LEVI SABR DVN FHN GES JKS
Popular stocks with increasing volume: SPCE SNAP CCL BYND F
Active options: AAPL TSLA BA BAC GE AMD NVDA AAL BABA NIO MSFT FB AMZN SPCE T SNAP CCL BYND F JPM
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $39.97, natural gas up 0.5%, gold at $1895 an ounce