Pre-Market IV Report September 13, 2019

Pre-Market IV Report September 13, 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: LBTYA BBBY ZNGA ARCC DAL OSTK VIAV ARCC WBA NUGT MNK TBT PCYG RDUS LGND MDCO

Options expected to have increasing volume: AVGO SPLK

Apple (AAPL) September weekly call option implied volatility is at 24, September is at 23, October is at 22; compared to its 52-week range of 16 to 46 as market capitalization again near a trillion dollars.

Ishares Silver Trust (SLV) option implied volatility elevated as silver at upper end of range

Ishares Silver Trust (SLV) September weekly call option implied volatility is at 35, September is at 30, October is at 29; compared to its 52-week range of 14 to 30. Call put ratio 2.4 calls to 1 put with focus on January 20 calls.

Pan American Silver (PAAS) September call option implied volatility is at 40, October is at 41; compared to its 52-week range of 30 to 61 as silver at upper end of range. Call put ratio 2.1 calls to 1 put with focus on October 18 and 19 calls.

Software, Semiconductors and Technology option implied volatility at low end of range

Ishares S&P Software Index Fund (IGV) 30 day option implied volatility is at 19; compared to its 52-week range of 17 to 44

Microsoft (MSFT) 30 day option implied volatility is at 23; compared to its 52-week range of 16 to 44

Market Vectors Semiconductor ETF (SMH) 30 day option implied volatility is at 24; compared to its 52-week range of 21 to 39

Qualcomm (QCOM) 30 day option implied volatility is at 29; compared to its 52-week range of 22 to 44

Technology Select Sector Spdr Fund (XLK) 30 day option implied volatility is at 16; compared to its 52-week range of 14 to 36

IBM (IBM) 30 day option implied volatility is at 20; compared to its 52-week range of 14 to 42

Straddle prices for stocks expected to report quarter results next week

Adobe (ADBE) September 277.50 straddle priced for a move of 5% into the expected release of quarterly results after the bell on September 17
Apogee (APOG) September 41 straddle priced for a move of 9% into the expected release of quarterly results after the bell on September 17
Cracker Barrel (CBRL) September 162 straddle priced for a move of 5% into the expected release of quarterly results after the bell on September 17
FedEx (FDX) September 172.50 straddle priced for a move of 4.5% into the expected release of quarterly results after the bell on September 17
General Mills (GIS) September 55 straddle priced for a move of 5% into the expected release of quarterly results on September 18
United Natural Foods (UNFI) September 12.5 straddle priced for a move of 12.5% into the expected release of quarterly results on September 18
Darden (DRI) September 125 straddle priced for a move of 5.5% into the expected release of quarterly results after the bell on September 19
Steelcase (SCS) September 15 straddle priced for a move of 8% into the expected release of quarterly results on September 19

Options with decreasing option implied volatility: TPR DXC TGT ULTA ADVM AIMT TLRD RH LULU DOCU
Increasing unusual option volume: RDUS ARCC HCSG FBM ARDX LGND CSTM CYTK IRM
Increasing unusual call option volume: ARCC RDUS LKQ CSTM IRM GT NUAN LPX VIAV
Increasing unusual put option volume: AVP FBM NVO FEZ NYCB ADVM MGI MIK
Popular stocks with increasing unusual volume: KO SQ ROKU ACB ORCL
Active options: APPL BAC MSFT TSLA AMD GE KO FB T AMZN SQ NVDA BABA SNAP MU ROKU NFLX ORCL INTC ACB

Global S&P Futures are recently up 5.50 from previous day. Nikkei 225 up 1%, DAX up 0.2%, WTI Crude oil is recently at $54.57, natural gas up 0.4%, gold at $1513 an ounce