Mid-session IV Report November 8, 2019

Mid-session IV Report November 8, 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.​
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Options with increasing option implied volatility: SPY LSCC GM UVXY C GPS IBB UPS FTCH ​
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Popular stocks with increasing unusual volume: ABBV GPS ATVI QCOM FCX DIS​
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China trade deal on, China trade deal off, China trade tariffs on, China trade tariffs off….​
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Farfetch Limited (FTCH) November call option implied volatility is at 140, December is at 81; compared to its 52-week range of 46 to 118 into the expected release of quarter financial results on November 14. Call put ratio 1 call to 18 puts with focus on November 9 puts. ​
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Alibaba (BABA) November call option implied volatility is at 30, December 29; compared to its 52-week range of 24 to 48 into Singles Day on November 11. Call put ratio 2.3 calls to 1 put with focus on November and December 190 calls. ​
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Cannabis Stocks ​
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Aurora Cannabis (ACB) November call option implied volatility is at 120, December is at 95; compared to its 52-week range of 38 to 113 into the expected release of quarter financial results on November 14. Call put ratio 4.6 calls to 1 put with focus on November 4 calls. ​
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Canopy Growth (CGC) November call option implied volatility is at 98, December is at 66; compared to its 52-week range of 41 to 89 into the expected release of quarter financial results on November 14.​
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Cronos Group (CRON) November call option implied volatility is at 100, December is at 75; compared to its 52-week range of 53 to 136 into the expected release of quarter financial results on November 18.​
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HEXO Corp. (HEXO) 30-day option implied volatility is at 105; compared to its 52-week range of 60 to 151.​
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Constellation Brands (STZ) November call option implied volatility is at 21, December is at 20; compared to its 52-week range of 18 to 45.​
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Tilray, Inc. (TLRY) November call option implied volatility is at 133, December is at 86; compared to its 52-week range of 48 to 143 into the expected release of quarter financial results on November 14.​
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New Age Beverage (NBEV) November call option implied volatility is at 103, December is at 84; compared to its 52-week range of 63 to 169 into the expected release of quarter financial results on November 14. ​
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AbbVie (ABBV) November weekly call option implied volatility is at 33, November is at 20, December 18; compared to its 52-week range of 20 to 47. Call put ratio 3.6 calls to 1 put with focus on November weekly calls as shares rally 2.1%.​
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HP Inc. (HPQ) November call option implied volatility is at 23, December is at 28; compared to its 52-week range of 19 to 44 after CNBC’s David Faber reported HPQ held “detailed” talks to buy Xerox (XRX) within the last two months. Call put ratio 1 call to 1.9 puts with focus on November ATM puts.​
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Xerox (XRX) November call option implied volatility is at 30, December is at 31; compared to its 52-week range of 25 to 61 after CNBC’s David Faber reported HP Inc. (HPQ) held “detailed” talks to buy Xerox within the last two months. Call put ratio 1 call to 2.2 puts with focus on November 37 puts as shares rally 3.6%.​
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YETI (YETI) November call option implied volatility is at 46, December 49; compared to its 52-week range of 47 to 97. IV at lower end of range.​
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National Beverage (FIZZ) November call option implied volatility is at 53, December is at 59; compared to its 52-week range of 35 to 85 after Coca-Cola (KO) recently announced its planned launch of the “AHA” brand in the March 2020. Call put ratio 1 call to 11.5 puts with focus on December 35 puts.​
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Gap, Inc. (GPS) November call option implied volatility is at 49, December is at 51; compared to its 52-week range of 28 to 71 after CEO departure. Call put ratio 1 call to 7.9 puts with focus on November 16 and 16.50 puts. ​
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Increasing unusual option volume: FTCH ABBV FIZZ KTB PEN LPSN EB EQT CORT QRTEA CTVA GPC UI DERM​
Increasing unusual call option volume: EQT QRTEA CTVA EB MLM GPC AAXN FSCT CARA DERM EXPE ​
Increasing unusual put option volume: GPS KTB CORT GPS NRG NLOK TDC BWA FTCH FIZZ​
Options with decreasing option implied volatility: FSLY WMGI RVLV REAL CLVS FTCH TAP YELP FEYE AMD SNE EXAS MDLZ HLF EA ADP MAT CXO YUM DIS​ GPRO Z ZG UAA UBER COTY CVS BIDU
Active options November 8: DIS AAPL TSLA ROKU BABA SQ AMZN BIDU BAC FB AMD GPS UBER NFLX GE MSFT ATVI QCOM FCX CSCO ​
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