Pre-Market IV Report September 9, 2020

Pre-Market IV Report September 9, 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: GME T HYG JETS RCL BABA SHLL WORK COUP ITCI FMCI NKLA PTON UCO CHWY SDC USO SDC SAVE SFIX

Options expected to have increasing volume: NKLA WKHS NIO TSLA WORK COUP

Option implied volatility increases as shares pull back

PowerShares QQQ Trust (QQQ) September weekly call option implied volatility is at 51, September is at 44; compared to its 52-week range of 12 to 79 as shares pull back from record highs. Call put ratio 1 call to 1.5 puts.

Apple (AAPL) September weekly option implied volatility is at 82, September is at 69; compared to its 52-week range of 18 to 90. Call put ratio 1.9 calls to 1 put with focus on September weekly options.

Facebook (FB) September weekly call option implied volatility is at 55, September is at 50; compared to its 52-week range of 20 to 81. Call put ratio 1.8 calls to 1 put with focus on September weekly options.

Netflix (NFLX) September weekly call option implied volatility is at 55, September is at 52; compared to its 52-week range of 28 to 99. Call put ratio 1.4 calls to 1 put with focus on September weekly options.

Alphabet (GOOGL) September weekly call option implied volatility is at 46, September is at 43; compared to its 52-week range of 14 to 75. Call put ratio 1.3 calls to 1 put.

Amazon (AMZN) September weekly option implied volatility is at 55, September is at 49; compared to its 52-week range of 16 to 69. Call put ratio 1.8 calls to 1 put with focus on September weekly options.

Microsoft (MSFT) September weekly call option implied volatility is at 55, September is at 49; compared to its 52-week range of 15 to 90. Call put ratio 2.1 calls to 1 put.

Tesla (TSLA) September weekly call option implied volatility is at 150, September is at 130; compared to its 52-week range of 34 to 154 into not being included in S&P 500 index. Call put ratio 1.3 calls to 1 put into hosting a Battery Day event after its annual meeting on September 22.

SPDR S&P 500 ETF Trust (SPY) September weekly call option implied volatility is at 36, September is at 30; compared to its 52-week range of 10 to 77 as shares pull back from record highs. Call put ratio 1 call to 1.2 puts.

Energy prices IV bid as prices pull back

Proshares Ultra DJ-UBS Crude Oil (UCO) September weekly call option implied volatility is at 113, September is at 90; compared to its 52-week range of 43 to 256. Call put ratio 3.2 calls to 1 put with focus on September and October calls.

United States Natural Gas (UNG) September weekly call option implied volatility is at 59, September is at 60, October is at 59; compared to its 52-week range of 35 to 87. Call put ratio 1.2 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

Zscaler (ZS) September 135 straddle priced for a move of 15% into the expected release of quarter results today

HD Supply Holdings (HDS) September 40 straddle priced for a move of 8% into the expected release of quarter results today

LakeLand Industries (LAKE) September 22.50 straddle priced for a move of 22% into the expected release of quarter results today

American Eagle (AEO) September weekly 13 straddle priced for a move of 14% into the expected release of quarter results today before the bell

Aurora Cannabis (ACB) September 8.5 straddle priced for a move of 13% into the expected release of quarter results today

Lovesac (LOVE) September 30 straddle priced for a move of 23% into the expected release of quarter results today before the bell

MasterCraft Boat (MCFT) September 22.50 straddle priced for a move of 18% into the expected release of quarter results today before the bell

Navistar (NAV) September weekly 36.50 straddle priced for a move of 22% into the expected release of quarter results today before the bell

Oracle (ORCL) September weekly 55.50 straddle priced for a move of 7% into the expected release of quarter results after the bell after the bell on September 9

RH (RH) September weekly 312.50 straddle priced for a move of 15% into the expected release of quarter results today after the bell after the bell

SelectQoute (SLQT) September 20 straddle priced for a move of 17% into the expected release of quarter results today after the bell

Peloton Interactive (PTON) September weekly 86 straddle priced for a move of 20% into the expected release of quarter results today

GameStop (GME) September weekly 8 straddle priced for a move of 24% into the expected release of quarter results today after the bell

Chewy (CHWY) September weekly 61 straddle priced for a move of 18% into the expected release of quarter results after the bell on September 10

nCino (NCNO) September 75 straddle priced for a move of 16% into the expected release of quarter results on September 10

Kroger (KR) September weekly 35.50 straddle priced for a move of 7% into the expected release of quarter results before the bell on September 11

Thermo Fisher Scientific (TMO) September call option implied volatility is at 37, October is at 34; compared to its 52-week range of 17 to 75 into hosting a virtual analyst meeting on September 10.

Moderna (MRNA) September weekly calls option implied volatility is at 101, September is at 106; compared to its 52-week range of 51 to 173 into R&D day before the bell on September 17. Call put ratio 1.5 calls to 1 put.

Kraft Heinz (KHC) September weekly call option implied volatility is at 42, September is at 53; compared to its 52-week range of 20 to 89 into investor day on September 15. Call put ratio 3.2 calls to 1 put with focus on January 30 calls.

Options with decreasing option implied volatility: ZUO CRM CIEN CLVS APT MIK RKT GSX CLDR BHC
Increasing unusual option volume: KODK ALBO AEO CLOU LOVE
Increasing unusual call option volume: KODK DVA AEO UN NVS TAL
Increasing unusual put option volume: OVV AER AEO GOGO CRBP BKLN CSIQ
Popular stocks with increasing volume: WKHS GM SPCE NKLA
Active options: AAPL TSLA NKLA BAC MSFT AAL WKHS DIS AMD NIO BA WORK GE PTON GM FB T SPCE INTC AMZN
Global S&P Futures recently mixed to higher in premarket, Nikkei down 1%, DAX down 0.7%, WTI Crude oil recently at $36.79, natural gas down 1.3%, gold at $1935 an ounce