Pre-Market IV Report October 9, 2020

Pre-Market IV Report October 9, 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: T PFE VZ BIIB AAL SPWR JMIA JKS UNG GME GPRO APHA JKS DDD

Options expected to have increasing volume: XLNX AMD SMH JPM BAC C WFC

AMD Is in Advanced Talks to Buy Xilinx, reports WSJ

Advanced Micro Devices, Inc. (AMD) 30-day call option is at 66; compared to its 52-week range of 36 to 116 into WSJ reporting AMD is in advanced talks to buy rival chip maker Xilinx (XLNX), people familiar with the matter say, in a deal that could be worth more than $30B. Call put ratio 4.6 calls to 1 put with focus on October calls.

Xilinx (XLNX) 30-day call option is at 48; compared to its 52-week range of 27 to 85 into WSJ reporting Advanced Micro Devices (AMD) is in advanced talks to buy Xilinx. Call put ratio 1.3 calls to 1 put.

Market Vectors Semiconductor ETF (SMH) 30-day call option is at 34; compared to its 52-week range of 19 to 91. Call put ratio 1 call to 1.2 puts.

Oil stocks IV amid WTI oil at $40

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility at 56; compared to its 52-week range of 28 to 189 amid WTI oil trading at $40.

ExxonMobil (XOM) 30-day option implied volatility is at 45; compared to its 52-week range of 15 to 111.

Chevron (CVX) 30-day option implied volatility is at 42; compared to its 52-week range of 15 to 112. Call put ratio 3.4 calls to 1 put.

United States Oil Fund (USO) October weekly option implied volatility is at 35, October is at 33, November is at 36, January is at 38; compared to its 52-week range of 22 to 248 into OPEC and its allies will make a oil output decision at meetings on November 30 and December 1. Call put ratio 1.3 calls to 1 put.

GameStop (GME) October weekly call option implied volatility is at 351, October is at 199; compared to its 52-week range of 51 to 226 after announcing Microsoft cloud partnership. Call put ratio 1.1 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Blackrock (BLK) October 600 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 13.

Citigroup (C) October 45 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on October 13.

Delta (DAL) October 33 straddle priced for a move of 8.5% into the expected release of quarter results before the bell on October 13.

Fastenal (FAST) October 45 straddle priced for a move of 7% into the expected release of quarter results on October 13.

Johnson & Johnson (JNJ) October 149 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 13.

JPMorgan (JPM) October 37.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 13.

Schwab (SCHW) October straddle priced for a move of into the expected release of quarter results on October 13.

Alcoa (AA) October 12.50 straddle priced for a move of 8% into the expected release of quarter results after the bell on October 14.

Bank of America (BAC) October 25 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 14.

Goldman Sachs (GS) October 207.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 14.

Infosys (INFY) October 15 straddle priced for a move of 7% into the expected release of quarter results before the bell on October 14.

The PNC Financial Services Group (PNC) October 116 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on October 14.

U.S.Bancorp (USB) October 39.50 straddle priced for a move of 5.1% into the expected release of quarter results before the bell on October 14.

United Airlines (UAL) October 37 straddle priced for a move of 11% into the expected release of quarter results on October 14.

Unitedhealth Group (UNH) October 322 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 14.

Wells Fargo (WFC) October 25 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on October 14.

Options with decreasing option implied volatility: TSLA INO DOCU ZM HPE MYL CLDR SNOW
Increasing option volume: CYTK CCXX JKS ICLN OVV AXTA FTCH
Increasing unusual call option volume: CYTK OVV ICLN AES SFIX
Increasing unusual put option volume: JKS TAN OVV GME DPZ
Popular stocks with increasing volume: VIAC LYFT GME IBM ROKU DKNG GME
Active options: AAPL TSLA AMD NIO AAL GME FB BABA BA T MSFT AMZN BAC INTC ROKU DKNG XOM GE NFLX IBM

Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $41.03, natural gas up 1.2%, gold at $1920 an ounce