Pre-Market IV Report September 16, 2019

Pre-Market IV Report September 16, 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: CARS MLNX EMB LBTYA UNG BBBY ZNGA FEYE OSTK LQD NUGT GE GT

Options expected to have increasing volume: BP TOT CVX COP XOM RDS.A PSX MPC HFC MRO MUR TSR WNR UAL AAL LUV DAL JBLU FDX FLR HAL SLB CLR APA DVN CXO EOG PXD CHK LPI FANG ECA PE WPX XEC VLO DAR PSX MPC HFC MRO MUR TSR WNR PBR EWZ GM XOP USO ALDR GM TEVA MNK JNK MYL

Option implied volatility for energy stocks into WTI Crude oil trades above $59 after an air attack on a Saudi Arabian oil facility. FOMC policy decision is expected on September 18.

ExxonMobil (XOM) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 39
BP plc (BP) 30-day option implied volatility is at 17; compared to its 52-week range of 15 to 36
Chevron (CVX) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 39
Phillips 66 (PSX) 30-day option implied volatility is at 22; compared to its 52-week range of 19 to 44
Marathon Oil (MRO) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 67
Continental Resources (CLR) 30-day option implied volatility is at 47; compared to its 52-week range of 31 to 69
EOG Resources (EOG) 30-day option implied volatility is at 33; compared to its 52-week range of 22 to 58
Transocean (RIG) 30-day option implied volatility is at 64; compared to its 52-week range of 41 to 87
ConocoPhillips (COP) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 48
Diamond Offshore Drilling (DO) 30-day option implied volatility is at 71; compared to its 52-week range of 42 to 91
Concho Resources (CXO) 30-day option implied volatility is at 40; compared to its 52-week range of 28 to 58
Occidental Petroleum (OXY) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 45
Laredo Petroleum (LPI) 30-day option implied volatility is at 82; compared to its 52-week range of 43 to 100
Murphy Oil (MUR) 30-day option implied volatility is at 45; compared to its 52-week range of 30 to 60
Chesapeake Energy (CHK) 30-day option implied volatility is at 87; compared to its 52-week range of 44 to 140
Diamondback Energy (FANG) 30-day option implied volatility is at 36; compared to its 52-week range of 30 to 63
Oasis Petroleum (OAS) 30-day option implied volatility is at 88; compared to its 52-week range of 42 to 116
Marathon Oil (MRO) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 67
Petrobras (PBR) September call option implied volatility is at 32, October is at 33; compared to its 52-week range of 22 to 58
Halliburton (HAL) 30-day option implied volatility is at 38; compared to its 52-week range of 23 to 57
Schlumberger Ltd. (SLB) 30-day option implied volatility is at 36; compared to its 52-week range of 22 to 55
Flour (FLR) 30-day option implied volatility is at 55; compared to its 52-week range of 20 to 68
United States Oil Fund (USO) September call option implied volatility is at 32, October is at 33; compared to its 52-week range of 22 to 58
SPDR S&P Oil & Gas Exploration & Production Etf (XOP) September call option implied volatility is at 35, October is at 37; compared to its 52-week range of 22 to 58
iShares MSCI Brazil (EWZ) September call option implied volatility is at 32, October is at 31; compared to its 52-week range of 22 to 58

Air Lines September IV low into WTI crude oil trading above $59 after air attack on a Saudi Arabian oil facility

Delta (DAL) September call option implied volatility is at 21, October 27; compared to its 52-week range of 21 to 46
Southwest Airlines (LUV) September call option implied volatility is at 21, October 23; compared to its 52-week range of 22 to 46
American Airlines (AAL) September call option implied volatility is at 31, October is at 33; compared to its 52-week range of 29 to 65
United Airlines (UAL) September call option implied volatility is at 22, October is at 26; compared to its 52-week range of 22 to 48

General Motors (GM) September call option implied volatility is at 24, October is at 25; compared to its 52-week range of 21 to 46 into UAW contract dispute.

Pharma IV into Purdue Pharma files for bankruptcy as part of $10B opioid settlement

Mallinckrodt (MNK) September call option implied volatility is at 177, October is at 165; compared to its 52-week range of 45 to 280
Johnson & Johnson (JNJ) September call option implied volatility is at 15, October is at 18; compared to its 52-week range of 14 to 34
Mylan (MYL) September call option implied volatility is at 38, October is at 42; compared to its 52-week range of 27 to 73
Teva (TEVA) September call option implied volatility is at 62, October is at 58; compared to its 52-week range of 28 to 105

Straddle prices for stocks expected to report quarterly results this week

Cracker Barrel (CBRL) September 165 straddle priced for a move of 5% into the expected release of quarterly results after the bell on September 17
FedEx (FDX) September 175 straddle priced for a move of 4.5% into the expected release of quarterly results after the bell on September 17
Chewy (CHWY) September 29 straddle priced for a move of 13% into the expected release of quarterly results 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% 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 8.5% into the expected release of quarterly results on September 19

Options with decreasing option implied volatility: ADVM CY TLRD RH USAT VIAB IMMU ZS PLAY HDS
Increasing unusual option volume: RMBS ACWI SPIKE TWOU ON MTSI BPB MOBL
Increasing unusual call option volume: RMBS ON TWOU SPIKE SKT TOL VGR OMI TSM DY
Increasing unusual put option volume: ACWI PZZA OMI CARB ETSY ADVM
Popular stocks with increasing unusual volume: SQ BA TEVA FCX
Active options: AAPL BAC AMD NFLX MSFT TSLA T FB AMZN SQ BABA JPM ROKU GE FCX NVDA SNAP BA MU TEVA
Equity and Commodity Markets Movements

Global S&P Futures are recently down 14.50 from previous day. Nikkei 225 holiday, DAX down 0.5%, WTI Crude oil is recently at $59.06, natural gas up 1.1%, gold at $1511 an ounce