Special IV Report March 2, 2020 into Super Tuesday, OPEC, investor conferences, preparation for coronavirus​

Special IV Report March 2, 2020 into Super Tuesday, OPEC, investor conferences, preparation for coronavirus​

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.​

IV into Super Tuesday, OPEC, investor conferences, preparation for coronavirus, Pharma​

United States Oil Fund (USO) March weekly call option implied volatility is at 77, March is at 52; compared to its 52-week range of 22 to 46 OPEC and its allies will meet as scheduled in Vienna on March 5-6. Call put ratio 2.9 calls to 1 put. ​

Energy Select Sector SPDR ETF (XLE) March weekly call option implied volatility is at 65, March is at 48, April is at 39; compared to its 52-week range of 15 to 70.​

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) March weekly call option implied volatility is at 97, March is at 71, April is at 55; compared to its 52-week range of 28 to 77 as shares sell off 3%.​

Cheniere Energy (LNG) March weekly call option implied volatility is at 64, March is at 49, April is at 40; compared to its 52-week range of 21 to 57. Call put ratio 1 call to 11.5 puts with a focus on March 48.50 and 51 puts.​
​
Marathon Petroleum (MPC) March weekly call option implied volatility is at 86, March is at 64, April is at 52; compared to its 52-week range of 24 to 69. Call put ratio 5.9 calls to 1 put with focus on March 55 calls. ​

Chevron (CVX) March weekly call option implied volatility is at 53, March is at 41; compared to its 52-week range of 15 to 40. Call put ratio 1.7 calls to 1 put into a company hosted investor day on March 3 and OPEC.​
​
ExxonMobil (XOM) March weekly call option implied volatility is at 59, March is at 44; compared to its 52-week range of 15 to 55. Call put ratio 1.1 calls to 1 put into a company hosted investor day on March 5 and OPEC.​

Virus

Consumers Staples Sel Sect Spdr (XLP) March weekly call option implied volatility is at 34, March is at 24; compared to its 52-week range of 9 to 44 into virus preparation. Call put ratio 2.3 calls to 1 put.​

Costco (COST) March weekly call option implied volatility is at 67, March is at 43; compared to its 52-week range of 14 to 48. Call put ratio 2.5 calls to 1 put with focus on May calls amid shoppers prepare for virus​. ​

Walmart (WMT) March weekly call option implied volatility is at 44, March is at 31; compared to its 52-week range of​ 13 to 37. Call put ratio 1.7 calls to put as shares rally 4.8% into virus preparation.

Kimberly-Clark (KMB) March weekly call option implied volatility is at 34, March is at 30; compared to its 52-week range of 16 to 38. Call put ratio 2.3 calls to 1 put with focus on March and July calls. ​

Colgate (CL) March weekly call option implied volatility is at 30, March is at 23; compared to its 52-week range of 14 to 39. Call put ratio 2.8 calls to 1 put with focus on March 72.50 calls. ​

Clorox (CLX) March weekly call option implied volatility is at 34, March is at 28; compared to its 52-week range ofb15 to 38. Call put ratio 3.1 calls to 1 put with focus on March weekly calls. ​

Campbells Soup (CPB) March weekly call option implied volatility is at 73, March is at 42; compared to its 52-week range of 16 to 43 into virus preparation. Call put ratio 1.3 calls to 1 put. ​

Health Care Select Sect Fd (XLV) March weekly call option implied volatility is at 45, March is at 33; compared to its 52-week range of 16 to 43 into Pharma executives meeting for virus. Call put ratio 2.3 calls to 1 put with focus on June 60 calls.​

Technology Select Sector Spdr Fund (XLK) March weekly call option implied volatility is at 53, March is at 38, April is at 34; compared to its 52-week range of 13 to 52.​
​
F5 Networks (FFIV) March weekly call option implied volatility is at 54, March is at 50; compared to its 52-week range of 21 to 55 into a company hosted investor meeting on March 3.​
​