Pre-Market IV Report September 18, 2020

Pre-Market IV Report September 18, 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 BBBY MCD WKHS VIAC SHLL TSLA KODK GNW AMZN GME TCS PLAY OMER MCS SCS PLAY

Options expected to have increasing volume: PLAY ORCL MSFT WMT NKE SFIX STLD

Amazon (AMZN) 30-day option implied volatility is at 44; compared to its 52-week range of 16 to 68 as shares sold off 2.2%. Call put ratio 1.3 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 123; compared to its 52-week range of 34 to 154 into hosting a Battery Day event after its annual meeting on September 22. Call put ratio 1.6 calls to 1 put. TSLA price target was raised to $515 from $480 at Piper Sandler.

Dave & Buster’s Entertainment (PLAY) Dave & Buster’s Entertainment (PLAY) 30-day option implied volatility is at 141; compared to its 52-week range of 31 to 482 amid wide price movement. Call put ratio 1.1 calls to 1 put on total volume of 133K contracts.

WestRock (WRK) 30-day option implied volatility is at 56; compared to its 52-week range of 22 to 135. Call put ratio 19 calls to 1 put with focus on October 40 and 42.50 calls.

Straddle prices for stocks expected to release quarter results next week

Aurora Cannabis (ACB) September weekly 7 straddle priced for a move of 19% into the expected release of quarter results on September 22.

AutoZone (AZO) September weekly 1225 straddle priced for a move of 6% into the expected release of quarter results before the bell the bell on September 22.

BlackBerry (BB) September weekly 5 straddle priced for a move of 13% into the expected release of quarter results on September 22.

KB Home (KBH) October 39 straddle priced for a move of 14% into the expected release of quarter results after the bell the bell on September 22.

Nike (NKE) September weekly 116 straddle priced for a move of 6% into the expected release of quarter results after the bell the bell on September 22.

Steelcase (SCS) October 12.50 straddle priced for a move of 19% into the expected release of quarter results after the bell the bell on September 22.

Stich Fix (SFIX) September weekly 28.50 straddle priced for a move of 22% into the expected release of quarter results after the bell the bell on September 22.

Cintas (CTAS) October 330 straddle priced for a move of 8% into the expected release of quarter results before the bell the bell on September 23.

General Mills (GIS) October 57.50 straddle priced for a move of 7% into the expected release of quarter results before the bell the bell on September 23.

H.B. Fuller (FUL) October 50 straddle priced for a move of 11% into the expected release of quarter results after the bell the bell on September 23.

JinkoSolar (JKS) October 24 straddle priced for a move of 18% into the expected release of quarter results on September 23.

Accenture (ACN) September weekly 237.50 straddle priced for a move of 5% into the expected release of quarter results before the bell the bell on September 24.

CarMax (KMX) September weekly 102 straddle priced for a move of 6% into the expected release of quarter results before the bell the bell on September 24.

Costco (COST) September 337.50 straddle priced for a move of 5.5% into the expected release of quarter results on September 24.

Darden Restaurants (DRI) October 90 straddle priced for a move of 15% into the expected release of quarter results before the bell the bell on September 24.

Jabil (JBL) September weekly 33 straddle priced for a move of 9% into the expected release of quarter results before the bell the bell on September 24.

Vail Resorts (MTN) October 220 straddle priced for a move of 10% into the expected release of quarter results after the bell the bell on September 24.

Options with decreasing option implied volatility: TGT SLV ZM CMR CHWY CRON CLVS
Increasing unusual option volume: PLAY WRK BHC MLHR MAT ARR WRK EVRG SWCH GNW GPN
Increasing unusual call option volume: PLAY MAT WRK TPX GNW GPN CONN IEF SWCH
Increasing unusual put option volume: PLAY PK GOGO WEN MAT GEO FLR PLAY BKLN ILMN
Popular stocks with increasing volume: DKNG NIO XOM BYND NKLA AAL
Active options: AAPL TSLA GE DKNG AAL KODK FB BAC BA NKLA FDX SNAP INO C NIO MSFT XOM AMD MU BYND
Popular stocks with increasing volume: DKNG NIO F KODK X SRNE INO UBER
Active options: AAPL TSLA GE FB VALE MSFT AMD AMZN AAL BA NVDA DKNG BAC F NIO KODK X SRNE INO UBER
Global S&P Futures recently mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $41.13, natural gas mixed, gold at $1961 an ounce