Pre-Market IV Report September 10, 2019

Pre-Market IV Report September 10, 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: GME LBTYA MNK LBTYK ZNGA MNK TLRD NUGT GME SLV

Options expected to have increasing volume: AAPL AVGO ORCL PCG HDS CTRP F WEN TLRD GME

Apple (AAPL) September weekly call option implied volatility is at 27, September and October is at 26; compared to its 52-week range of 16 to 46 into the expected revealing of new iPhones, service products and commentary on 5G iPhones.

Option Implied Volatility into Apple (AAPL) iPhone and Services Launch Event

Broadcom (AVGO) September weekly call option implied volatility is at 65, September 42, October is at 36; compared to its 52-week range of 21 to 48 into the expected release of quarterly results after the bell on September 12.

Intel (INTC) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 45

Micron (MU) 30-day option implied volatility is at 48; compared to its 52-week range of 36 to 65

Universal Display (OLED) 30-day option implied volatility is at 42; compared to its 52-week range of 36 to 80

Skyworks (SWKS) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 54

Lumentum (LITE) 30-day option implied volatility is at 43; compared to its 52-week range of 41 to 68

Qorvo (QRVO) 30-day option implied volatility is at 33; compared to its 52-week range of 28 to 56

Qualcomm (QCOM) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 44

Cirrus Logic (CRUS) 30-day option implied volatility is at 33; compared to its 52-week range of 28 to 71

STMicroelectronics NV (STM) 30-day option implied volatility is at 38; compared to its 52-week range of 33 to 58

Marvell Technology (MRVL) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 58

Straddle prices for stocks expected to report quarterly results this week

GameStop (GME) September weekly 4.5 straddle priced for a move of 25% into the expected release of quarterly results after the bell on September 10
HD Supply (HDS) September 40 straddle priced for a move of 7.5% into the expected release of quarterly results on September 10
RH (RH) September weekly 154 straddle priced for a move of 11.5% into the expected release of quarterly results after the bell on September 10
Tailored Brand (TLRD) September 5 straddle priced for a move of 23% into the expected release of quarterly results on September 11
Broadcom (AVGO) September weekly 292.50 straddle priced for a move of 6% into the expected release of quarterly results after the bell on September 12
Oracle (ORCL) September weekly 54.50 straddle priced for a move of 5% into the expected release of quarterly results after the bell on September 12
Kroger (KR) September weekly 25 straddle priced for a move of 8% into the expected release of quarterly results before the bell on September 12

L Brands (LB) September weekly call option implied volatility is at 59, September is a 50, October is at 45; compared to its 52-week range of 32 to 70 into an expected investor meeting on September 10. Call put ratio 1.9 calls to 1 put.

MasterCard (MA) September weekly call option implied volatility is at 30, September is at 27, October is at 24; compared to its 52-week range of 16 to 44 into a company hosted investor day on September 12.

U.S. Bancorp (USB) September weekly call option implied volatility is at 19, September is at 18, October is at 19; compared to its 52-week range of 14 to 36 into a company hosted investor day on September 12.

PG&E Corp. (PCG) September option implied volatility is at 113, October is at 118; compared to its 52-week range of 28 to 201 into plans to offer nearly $18B to wildfire victims and public entities, WSJ reports.

Ford (F) September weekly, September and October call option implied volatility is at 25; compared to its 52-week range of 22 to 55 into being cut to Junk at Moody’s.

Kraft Heinz (KHC) September weekly call option implied volatility is at 24, September is at 23, October is at 24; compared to its 52-week range of 21 to 51 into their annual shareholder meeting on September 12.

H&R Block (HRB) September and October call option implied volatility is at 24; compared to its 52-week range of 21 to 55 into their annual shareholder meeting on September 12.

Options with decreasing option implied volatility: VIX TPR TGT FTCH ULTA
Increasing unusual option volume: LOPE RCII SPG TLRD KODK COHU VOYA PD OI
Increasing unusual call option volume: RCII VOYA GT VSLR NICE CASY OI ODP TROX OPK DY
Increasing unusual put option volume: TLRD SPG COHU NTRP AMRS PD STLD UNM BOIL PLAN HBI
Popular stocks with increasing unusual volume: ROKU SQ WHR
Active options: BAC AAPL T SNAP AMD MSFT ROKU NFLX FB GE NVDA AMZN TSLA SQ TWLO C MU TWTR INTC JPM

Bond yields are moving upward. Over the last five days, the rise in the benchmark 10-year Treasury yield has been as great as any seen since President Trump was elected in November 2016.

Global S&P Futures are recently down 10.50 from previous day. Nikkei 225 up 0.35%, DAX down 0.3%, WTI Crude oil is recently at $58.01, natural gas up 1%, gold at $1503 an ounce