Pre-Market IV Report September 6, 2019

Pre-Market IV Report September 6, 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: XLU SLV ZM GME LULU LBTYA KR MNK SFIX UCO FEYE STZ AGN CZR TNAV SNCR FEYE FIZZ TEVA

Options expected to have increasing volume: LULU ZUMZ DOCU GRUB FIZZ BYND CRWD BOX ZM BABA

Apple (AAPL) September weekly call option implied volatility is at 21, September and October is at 26; compared to its 52-week range of 16 to 46 into September 10 launch event to unveil the latest iPhones and commentary on 5G iPhones. Call put ratio 1.6 calls to 1 put.

Apple suppliers option implied volatility flat into Apple (AAPL) September 10 launch event and commentary on 5G iPhones

Marvell Technology (MRVL) September weekly call option implied volatility is at 33, September is at 30; compared to its 52-week range of 28 to 58

Intel (INTC) September weekly call option implied volatility is at 25, September is at 25; compared to its 52-week range of 20 to 45

Micron (MU) September weekly call option implied volatility is at 42, September is at 39, October is at 46; compared to its 52-week range of 36 to 65

Ishares Silver Trust (SLV) December calls active, IV up, SLV at 30-month high

Ishares Silver Trust (SLV) September weekly call option implied volatility is at 45, September is at 30; compared to its 52-week range of 14 to 30. Call put ratio 2.9 calls to 1 put with focus on December 21 and 23 calls.

Yamana Gold (AUY) September weekly call option implied volatility is at 56, September is at 59, January is at 57; compared to its 52-week range of; compared to its 52-week range of 39 to 72.

SPDR Gold Trust (GLD) September weekly call option implied volatility is at 20, September is at 16, October is at 15; compared to its 52-week range of; compared to its 52-week range of 26 to 45.

AT&T (T) option implied volatility is low into events

AT&T (T) September weekly call option implied volatility is at 15, September is at 15, October is at 16; compared to its 52-week range of 15 to 40 into hosting Warner Media Day in Los Angeles on October 29 to discuss its upcoming video streaming service.

Straddle prices for stocks expected to report quarterly results next week

Ctrip.com (CTRP) September weekly 34 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on September 9

GameStop (GME) September weekly 4 straddle priced for a move of 20% into the expected release of quarterly results after the bell on September 12

HD Supply (HDS) September 40 straddle priced for a move of 7% into the expected release of quarterly results on September 10

RH (RH) September weekly 145 straddle priced for a move of 12% into the expected release of quarterly results after the bell on September 10

Tailored Brand (TLRD) September 5 straddle priced for a move of 19 % into the expected release of quarterly results on September 11

Broadcom (AVGO) September weekly 290 straddle priced for a move of 5.5% into the expected release of quarterly results after the bell on September 12

Kroger (KR) September weekly 25 straddle priced for a move of 8% into the expected release of quarterly results before the bell on September 12

Global Blood Therapeutics (GBT) September call option implied volatility is at 44, October and January is at 41; compared to its 52-week range of 40 to 183 after the FDA accepted its voxelotor new drug application filing for priority review and has no plans to hold an Advisory Committee meeting. A PDUFA is expected in early 2020.

Meredith Corp. (MDP) September call option implied volatility is at 44, October is at 45; compared to its 52-week range of 26 to 50 after shares sold off +24%.

Lumber Liquidators (LL) September weekly call option implied volatility is at 54, September is at 57; compared to its 52-week range of 42 to 100 as shares rally. Call put ratio 15 calls to 1 put with focus on September 10.50 and 11 calls.

Moderna (MRNA) September call option implied volatility is at 55, October is at 63; compared to its 52-week range of 62 to 122.

Options with decreasing option implied volatility: VIX TPR GGAL TGT ULTA HOME BIG SIG CLDR CIEN DELL AEO CPB WDAY COUP ULTA
Increasing unusual option volume: ATUS GWRE GPN TPR VRNT MNK LBTYK THS WORK ONCE ZUMZ
Increasing unusual call option volume: ATUS TPR GEO MNK ONCE XRT FTCH SU LL
Increasing unusual put option volume: GPN EWC WORK ROK STLD CHD FIZZ
Popular stocks with increasing unusual volume: TEVA ROKU LULU
Active options: BAC AAPL GE AMD MSFT FB ROKU NVDA TWTR AMZN MU NFLX TSLA BABA INTC SNAP LULU T WFC TEVA

Global S&P Futures are recently up 5.25 from previous day. Nikkei 225 up 0.5%, DAX up 0.06%, WTI Crude oil is recently at $56.25, natural gas down 0.9%, gold at $1516 an ounce