Pre-Market IV Report September 3, 2019

Pre-Market IV Report September 3, 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 WORK MDCO CLDR RRC KR MNK LULU GGAL YPF EXEL ONCE CY BBBY WORK AGN

Options expected to have increasing volume: LULU AEO COST

Apple (AAPL) option Implied volatility flat into September Launch Event

Apple (AAPL) August weekly call option implied volatility is at 25, September is at 28; compared to its 52-week range of 16 to 46 into September 10 launch event to unveil the latest iPhones. Call put ratio 1 calls to 1 put.

Gold option implied volatility flat after gold up 22% in last 90 days

Market Vectors Gold Miners ETF (GDX) August weekly call option implied volatility is at 30, September is at 33; compared to its 52-week range of 21 to 36 as gold up 22% in last 90 days. Call put ratio calls 3.9 calls to 1 put with focus on September 34 and October 36 calls.

Option implied volatility flat into hurricane Dorian

Lowe’s Cos. (LOW) September weekly call option implied volatility is at 22, September weekly is at 24, September is at 23; compared to its 52-week range of 17 to 42 into hurricane Dorian. Call put ratio 1.5 calls to 1 put.

Generac Holdings (GNRC) September call option implied volatility is at 30, October is at 28; compared to its 52-week range of 22 to 54 into hurricane Dorian. Call put ratio 5 call to 1 put.

Louisiana-Pacific Corp. (LPX) September call option implied volatility is at 26, October is at 28; compared to its 52-week range of 25 to 55 on wide price movement into hurricane season.

Option implied volatility low for major stocks trading at upper end of range

Coca-Cola Co (KO) September weekly call option implied volatility is at 13, September is at 15; compared to its 52-week range of 11 to 26 as shares trade near record highs.

Home Depot (HD) September weekly call option implied volatility is at 16, September is at 19; compared to its 52-week range of 14 to 38 into hurricane Dorian a shares trade near record highs.

McDonald’s (MCD) September weekly call option implied volatility is at 14, September is at 16; compared to its 52-week range of 14 to 30 as shares trade near record highs.

United States Natural Gas (UNG) September weekly call option implied volatility is at 32, September is at 33; compared to its 52-week range of 21 to 112 as Natural Gas has risen 13% since the first week of August. Call put ratio 2.1 calls to 1 put into hurricane season.

PG&E Corp. (PCG) September weekly call option implied volatility is at 97, September is at 127; compared to its 52-week range of 28 to 201 into upcoming court events. Call put ratio 1 call to 2.1 puts.

Ishares Silver Trust (SLV) September weekly call option implied volatility is at 24, September is at 22; compared to its 52-week range of 14 to 30. Call put ratio 5.4 calls to 1 put with focus on December 20 calls.

Option implied volatility flat for major stocks trading at low end of range

Cisco (CSCO) September weekly call option implied volatility is at 22, September is at 25; compared to its 52-week range of 16 to 42 as shares at low end of range. Call put ratio 3 calls to 1 put.

3M (MMM) September weekly call option implied volatility is at 20, September is at 22; compared to its 52-week range of 16 to 36.

Caterpillar (CAT) September weekly call option implied volatility is at 23, September is at 25; compared to its 52-week range of 20 to 49.

Straddle prices for stocks expected to report quarter financial results this week

Coupa Software (COUP) September 140 straddle priced for a move of 12% into the expected release of quarterly results today

Conns (CONN) September 20 straddle priced for a move of 15% into the expected release of quarterly results today before the bell

American Eagle (AEO) September weekly 17 straddle priced for a move of 13.5% into the expected release of quarterly results after the bell on September 4

Michaels (MIK) September 5 straddle priced for a move of 19% into the expected release of quarterly results before the bell on September 4

Palo Alto Networks (PANW) September weekly 202.50 straddle priced for a move of 8% into the expected release of quarterly results before the bell on September 4

Slack Technologies (WORK) September 29 straddle 29 priced for a move of 13.5% into the expected release of quarterly results on September 4

At Home (HOME) September 7 straddle priced for a move of 19% into the expected release of quarterly results after the bell on September 4

Navistar (NAV) September weekly 23 straddle priced for a move of 9.5% into the expected release of quarterly results before the bell on September 4

Ciena (CIEN) September weekly 41 straddle priced for a move of 10% into the expected release of quarterly results before the bell on September 5

Donaldson (DCI) September 50 straddle priced for a move of 7.5% into the expected release of quarterly results before the bell on September 5

Duluth Holdings (DLTH) December 10 straddle priced for a move of 19% into the expected release of quarterly results on September 5

Korn Ferry (KFY) September 40 straddle priced for a move of 10% into the expected release of quarterly results after the bell on September 5

Lands End (LE) September 7.5 straddle priced for a move of 15% into the expected release of quarterly results before the bell on September 5

Lululemon (LULU) September weekly 185 straddle priced for a move of 10% into the expected release of quarterly results after the bell on September 5

Signet Jewelers (SIG) September weekly 12 straddle priced for a move of 20% into the expected release of quarterly results on September 5

Zoom Video Communications (ZM) September weekly 92 straddle priced for a move of 12.5% into the expected release of quarterly results after the bell on September 5

Zumiez (ZUMZ) September 25 straddle priced for a move of 13.5% into the expected release of quarterly results after the bell on September 5

Cloudera (CLDR) September weekly 7 straddle priced for a move of 14% into the expected release of quarterly results before the bell on September 6

National Beverage (FIZZ) September 40 straddle priced for a move of 13.5% into the expected release of quarterly results before the bell on September 6

Options with decreasing option implied volatility: JWN FL TGT ULTA NTNX MDCO ANF GES COTY BIG BOX PVH TEVA WSM FIVE AMBA
Increasing unusual option volume: ULTA AOBC UVE COT ENDP CX AMBA EXEL AN BNS CONN WDAY
Increasing unusual call option volume: ULTA AOBC AMBA LBTYK CX EXEL CONN VST TPR LE
Increasing unusual put option volume: ENDP BBAR ARCC LBTYK EWH CX
Popular stocks with increasing unusual volume: ULTA WDAY SQ ROLU SHOP
Active options: AAPL TSLA AMZN MSFT BAC AMD MU FB NFLX ROKU ULTA GE BYND NVDA BABA TWTR BA SHOP WDAY SQ
Global S&P Futures are recently down 22.70 from previous day. Nikkei 225 down 0.02%, DAX down 0.39%, WTI Crude oil is recently at $54.37, natural gas up 1.7%, gold at $1539 an ounce