Pre-Market IV Report December 4, 2020

Pre-Market IV Report December 4, 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: QS LAZR RIOT CNK AMC IMAX LAZR MRVL XLU SNDL PAA MRNA PFE PAA SNOW MRNA WBA

Stocks expected to have increasing option volume: DOCU CLDR PD SNOW ULTA CRWD HTHT AMC CNK

Option implied volatility for Hospital stocks amid Covid hospitalizations

Community Health (CYH) 30-day option implied volatility is at 83; compared to its 52-week range of 63 to 540 amid Covid hospitalizations top 100,000 for first time in US. Call put ratio 2.4 calls to 1 put.

HCA Healthcare (HCA) 30-day option implied volatility is at 34; compared to its 52-week range of 18 to 167 amid Covid hospitalizations top 100,000 for first time in US. Call put ratio 5.2 calls to 1 put.

Tenet (THC) 30-day option implied volatility is at 63; compared to its 52-week range of 35 to 166 amid Covid hospitalizations top 100,000 for first time in US. Call put ratio 3.1 calls to 1 put.

Universal Health (UHS) 30-day option implied volatility is at 38; compared to its 52-week range of 18 to 130 amid Covid hospitalizations top 100,000 for first time in US.

Molina Healthcare (MOH) 30-day option implied volatility is at 42; compared to its 52-week range of 32 to 95 amid Covid hospitalizations top 100,000 for first time in US. Call put ratio 8 calls to 1 put.

Film exhibition option implied volatility amid reports Warner Bros. says movies to stream immediately on release

AMC Entertainment (AMC) 30-day option implied volatility is at 184; compared to its 52-week range of 48 to 387. Call put ratio 1.4 calls to 1 put.

Cinemark (CNK) 30-day option implied volatility is at 131; compared to its 52-week range of 20 to 338. Call put ratio 1.2 calls to 1 put.

IMAX (IMAX) 30-day option implied volatility is at 58; compared to its 52-week range 25 to 343. Call put ratio 1 call to 3.4 puts amid wide price movement

Straddle prices for stocks expected to report quarterly results next week

Coupa Software (COUP) December weekly 320 straddle priced for a move of 10% into the expected release of quarter results after the bell on December 7.

JinkoSolar (JKS) December weekly 61 straddle priced for a move of 19% into the expected release of quarter results on December 7.

Stitch Fix (SFIX) December weekly 38 straddle priced for a move of 15% into the expected release of quarter results after the bell on December 7.

Toll Brothers (TOL) December weekly 47 straddle priced for a move of 7% into the expected release of quarter results after the bell on December 7.

AutoZone (AZO) December weekly 1155 straddle priced for a move of 5% into the expected release of quarter results before the bell on December 8.

H&R Block (HRB) December 18 straddle priced for a move of 8% into the expected release of quarter results before the bell on December 8.

Chewy (CHWY) December weekly 72.50 straddle priced for a move of 12% into the expected release of quarter results after the bell on December 8.

GameStop (GME) December weekly 16 straddle priced for a move of 24% into the expected release of quarter results after the bell on December 8.

Guidewire Software (GWRE) December 125 straddle priced for a move of 8% into the expected release of quarter results after the bell on December 8.

Adobe (ADBE) December weekly 485 straddle priced for a move of 3.5% into the expected release of quarter results after the bell on December 9.

Campbell Soup (CPB) December weekly 49 straddle priced for a move of 6% into the expected release of quarter results before the bell on December 9.

Lovesac (LOVE) December 30 straddle priced for a move of 25% into the expected release of quarter results before the bell on December 9.

nCino (NCNO) December weekly 85 straddle priced for a move of 12% into the expected release of quarter results after the bell on December 9.

RH (RH) December weekly 457 straddle priced for a move of 14% into the expected release of quarter results after the bell on December 9.

United Natural Foods (UNFI) December 17.50 straddle priced for a move of 16% into the expected release of quarter results before the bell on December 9.

Broadcom (AVGO) December weekly 400 straddle priced for a move of 6% into the expected release of quarter results after the bell on December 10.

CIena (CIEN) December weekly 46.50 straddle priced for a move of 10% into the expected release of quarter results before the bell on December 10.

Costco (COST) December weekly 375 straddle priced for a move of 3.5% into the expected release of quarter results on December 10.

lululemon athletica (LULU) December weekly 375 straddle priced for a move of 9% into the expected release of quarter results after the bell on December 10.

Oracle (ORCL) December weekly 58.50 straddle priced for a move of 4.5% into the expected release of quarter results on December 10.

Laser Storm, Inc. (LAZR) 30-day option implied volatility is at 185; compared to its 52-week range of 28 to 243. Call put ratio 4.6 calls to 1 put with focus on December 10 calls.

Options with decreasing option implied volatility: CRWD PTON ROKU WORK
Increasing option volume: LAZR ARLO SNDL YEXT SPLK ITUB MAC QS WBA RIOT LAZR AMC IMAX CNK
Increasing unusual call option volume: LAZR SNDL ITUB BB
Increasing unusual put option volume: MAC XPEV SPLK LI PLTR
Increasing option volume: CRM ACB PFE PLTR
Active options: TSLA AAPL AAL BA PLTR NIO CCL PFE AMD BABA FB SNAP INTC BAC GE AMZN WFC ACB CRM MSFT
Global S&P Futures recently mixed, Nikkei mixed, DAX mixed, WTI Crude oil recently at $46.56, natural gas down 1.2%, gold at $1854 an ounce