Pre-Market IV Report September 17, 2019

Pre-Market IV Report September 17, 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: BYND BBBY LBTYA NFLX GDX FEYE WLL NUGT TBT UCO GUSH SCO ZYNE USO USOU OILU GUSH DRIP UCO ORC GASL SCO OILD WTI

Options expected to have increasing volume: GLW SHOP BUD SEAS KHC ADBE CHWY FDX KLAC MAS GIS DRI NKE NAV STX

Energy stocks option implied volatility increases as WTI Crude oil trades above $62

ExxonMobil (XOM) September call option implied volatility is at 24 compared to a level of 16 from September 13, October is at 19; compared to its 52-week range of 13 to 39. Call put ratio 5.4 calls to 1 put.

BP plc (BP) September call option implied volatility is at 26 compared to a level of 15 from September 13, October is at 21; compared to its 52-week range of 15 to 36. Call put ratio 10.7 calls to 1 put.

Chevron (CVX) September call option implied volatility is at 22 compared to 16 from September 13, October is at 18; compared to its 52-week range of 16 to 39. Call put ratio 4 calls to 1 put.

Continental Resources (CLR) September call option implied volatility is at 74 compared to 41 on September 13, October is at 54; compared to its 52-week range of 31 to 69. Call put ratio 1.9 calls to 1 put.

EOG Resources (EOG) September call option implied volatility is at 45 compared to 30 from September 13, October is at 34; compared to its 52-week range of 22 to 58.

Petrobras (PBR) September call option implied volatility is at 45 compared to 32, October is at 37; compared to its 52-week range of 22 to 58. Call put ratio 2.7 calls to 1 put.

United States Oil Fund (USO) September call option implied volatility is at 64 compared to a level of 32 in September 13, October is at 44; 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 62 compared to 35 from September 13, October is at 43; compared to its 52-week range of 22 to 58.

iShares MSCI Brazil (EWZ) September call option implied volatility is at 37 compared to 32 from September 13, October is at 31; compared to its 52-week range of 22 to 58.

Halliburton (HAL) 30-day option implied volatility is at 46 compared to 38 from September 13; compared to its 52-week range of 23 to 57

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 42 compared to 36 from September 13; compared to its 52-week range of 22 to 55

General Motors (GM) September call option implied volatility is at 38 compared to a level of 24 from September 13, October is at 29; compared to its 52-week range of 21 to 46 as UAW contract dispute continues.

SeaWorld Entertainment (SEAS) September call option implied volatility is at 43, October is at 42; compared to its 52-week range of 38 to 77 into CEO resignation.

Corning (GLW) September call option implied volatility is at 26, October is at 23; compared to its 52-week range of 19 to 48 into cutting Q3 volume forecasts in Display and Optical Communications units.

Kraft Heinz (KHC) September and October call option implied volatility is at 24; compared to its 52-week range of 21 to 51 into private equity investor 3G Capital sold 25.1M share stake.

Shopify (SHOP) September call option implied volatility is at 58, October is at 46; compared to its 52-week range of 35 to 73 into company filing to sell 1.9M subordinate shares.

Straddle prices for stocks expected to report quarterly results this week

Adobe (ADBE) September 282.50 straddle priced for a move of 5% into the expected release of quarterly results today after the bell
Apogee (APOG) September 41 straddle priced for a move of 11% into the expected release of quarterly results today after the bell
Cracker Barrel (CBRL) September 165 straddle priced for a move of 5% into the expected release of quarterly results today after the bell
FedEx (FDX) September 175 straddle priced for a move of 5% into the expected release of quarterly results today after the bell
General Mills (GIS) September 55 straddle priced for a move of 4.5% into the expected release of quarterly results on September 18
United Natural Foods (UNFI) September 12.5 straddle priced for a move of 7% into the expected release of quarterly results on September 18
Darden (DRI) September 125 straddle priced for a move of 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

Increasing unusual option volume: LYG MSGN TOL CDEV UNVR BP OILD
Increasing unusual call option volume: LYG TOL CDEV BP GD ADT PRAH MUR
Increasing unusual put option volume: AXSM ITCI UNVR WU EOG GNW CBRL IRDM CVM PTEN VAL CRC
Popular stocks with increasing unusual volume: RIG CHK AAL PBR HAL XOM BP
Active options: AAPL BP BAC CHK AMD T MSFT AMZN NFLX BABA XOM HAL TSLA GE FB PBR SQ AAL ROKU RIG

Global S&P Futures are recently up 0.25 from previous day. Nikkei 225 up 0.06%, DAX down 0.05%, WTI Crude oil is recently at $62.18, natural gas down 0.1%, gold at $1505 an ounce