Pre-Market IV Report September 30, 2020

Pre-Market IV Report September 30, 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: MU T PFE LCA SNAP VZ SHLL UNG AMZN KNDI LVGO TWTR HSY CL BIIB

Options expected to have increasing volume: MU BBBY PEP RDSA PTON CAG MKC PRGS BA NKLA GM PENN REGN DIS

Nikola (NKLA) 30-day option implied volatility is at 203; compared to its 52-week range of 66 to 304 amid uncertainty of General Motors (GM) deal with Nikola. Call put ratio 1 call to 1.7 puts.

Regeneron (REGN) 30-day option implied volatility at 38; compared to its 52-week range of 25 to 78 into providing initial data on its COVID-19 therapeutic antibody cocktail. Call put ratio 2.2 calls to 1 put.

Peloton (PTON) October weekly call option implied volatility is at 81, October is at 75, November is at 87; compared to its 52-week range of 58 to 158 as shares above $100. Call put ratio 2 calls to 1 put with focus on October weekly 100 calls.

Beyond Meat (BYND) October weekly call option implied volatility at 77, October is at 67, November is at 81; compared to its 52-week range of 47 to 130 after sharp rally. Call put ratio 2.5 calls to 1 put.

Zoom Video (ZM) October weekly call option implied volatility is at 80, October is at 76, November is at 75; compared to its 52-week range of 36 to 137 amid wide price movement. Call put ratio 1 call to 1 put.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 91 into release of Micron (MU) results. Call put ratio 1 calls to 1.7 puts.

Straddle prices for stocks expected to report quarterly results this week

NovaGold (NG) October 12 straddle priced for a move of 12% into the expected release of quarter results on today.

Bed Bath & Beyond (BBBY) October weekly 14.50 straddle priced for a move of 15% into the expected release of quarter results before the bell on October 1.

Conagra Brands (CAG) October 35.5 straddle priced for a move of 6% into the expected release of quarter results before the bell on October 1.

Constellation Brands (STZ) October 187.5 straddle priced for a move of 6.5% into the expected release of quarter results after the bell on October 1.

PepsiCo (PEP) October 137 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 1.

Kandi Technologies Group (KNDI) 30-day option implied volatility is at 122; compared to its 52-week range of 47 to 355. Call put ratio 25 calls to 1 put with focus on October 7, 8 and 9 calls.

AXT, Inc. (AXTI) October call option implied volatility is at 120, November is at 88; compared to its 52-week range of 53 to 128 as shares rally 17%. Call put ratio 7.4 calls to 1 put with focus on October 7.5 calls.

Option implied volatility for Entertainment and Gaming

Melco Resorts (MLCO) 30-day option implied volatility is at 61; compared to its 52-week range of 32 to 158

Roundhill Sports Betting & iGaming ETF (BETZ) 30-day option implied volatility is at 46; compared to its 52-week range of 41 to 110

Century Casinos (CNTY) 30-day option implied volatility is at 91; compared to its 52-week range of 32 to 282

Boyd Gaming (BYD) 30-day call option implied volatility is at 66; compared to its 52-week range of 25 to 261.

Caesars (CZR) 30-day call option implied volatility is at 81; compared to its 52-week range of 30 to 413.

Churchill Downs (CHDN) 30-day call option implied volatility is at 55; compared to its 52-week range of 19 to 151

DraftKings (DKNG) 30-day call option implied volatility is at 90; compared to its 52-week range of 54 to 143.

Gan Limited (GAN) 30-day call option implied volatility is at 94; compared to its 52-week range of 88 to 178.

Las Vegas Sands (LVS) 30-day call option implied volatility is at 54; compared to its 52-week range of 21 to 180.

Penn National (PENN) 30-day call option implied volatility is at 9o; compared to its 52-week range of 29 to 436.

MGM Resorts (MGM) 30-day call option implied volatility is at 67; compared to its 52-week range of 20 to 337.

Wynn Resorts (WYNN) 30-day call option implied volatility is at 67; compared to its 52-week range of 31 to 216.

Monarch Casino & Resort (MCRI) 30-day option implied volatility is at 56; compared to its 52-week range of 22 to 195

Red Rock Resorts (RRR) 30-day option implied volatility is at 76; compared to its 52-week range of 31 to 379

Golden Entertainment (GDEN) 30-day option implied volatility is at 82; compared to its 52-week range of 36 to 267

Options with decreasing option implied volatility: DOCU TGT ZM CRBP CRON GME CLVS NKE
Increasing unusual call option volume: EMB MKC ESI FIT GLNG FIT KNDI AXTI KNDI
Increasing unusual put option volume: OVV AR ARMK ITUB MPW WB GES
Popular stocks with increasing volume: PTON BYND SPCE DKNG NKLA ZM SQ
Active options: AAPL NIO TSLA AMD MU FB BYND NVDA SPCE DKNG PTON BA AAL NKLA BAC ZM MSFT SQ AMZN CCL
Global S&P Futures recently down 0.3% in premarket, Nikkei mixed, DAX down 0.6%, WTI Crude oil recently at $40.27, natural gas down 1.5%, gold at $1890 an ounce