Pre-Market IV Report November 19, 2019

Pre-Market IV Report November 19, 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: I ABMD CHWY TGT JNPR HD LOW FIT NRZ AUPH MNK TLRD SFIX

Options expected to have increasing volume: MDCO MRK PFE BMY LLY AZN HD MDT TJX GPS INTU ROST I MDR TJX MDT ARMK KSS

iShareiShares China Large-Cap (FXI) November weekly call option implied volatility is at 18, December is at 16; compared to its 52-week range of 15 to 33 as China USA trade talks continue.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) November weekly call option implied volatility is at 19, December is at 19; compared to its 52-week range of 20 to 36.

Medicines Co. (MDCO) December call option implied volatility is at 69, January is at 70; compared to its 52-week range of 42 to 190 into company said to attract suitors including Novartis, Bloomberg reports. Call put ratio 1.5 calls to 1 put into company said to attract suitors including Novartis, Bloomberg reports.

Intelsat S. A. (I) December call option implied volatility is at 170, January is at 173; compared to its 52-week range of 56 to 186 after the Federal Communications Commission head sided with lawmakers in backing a public auction of radio spectrum rather than a private auction. Call put ratio 1 call to 1.6 puts.
Cannabis Stocks

Aurora Cannabis (ACB) November weekly call option implied volatility is at 190, December is at 122; compared to its 52-week range of 37 to 132 as shares trend lower

Canopy Growth (CGC) November call option implied volatility is at 84, December is at 67; compared to its 52-week range of 41 to 88 as shares trend lower

Cronos Group (CRON) November weekly call option implied volatility is at 82, December is at 72; compared to its 52-week range of 53 to 135 as shares trend lower.

HEXO Corp. (HEXO) December call option implied volatility is at 91 January is at 107; compared to its 52-week range of 60 to 151.

Tilray, Inc. (TLRY) November call option implied volatility is at 70, December is at 64; compared to its 52-week range of 47 to 139 as shares trend lower.

New Age Beverage (NBEV) December call option implied volatility is at 70, December is at 68; compared to its 52-week range of 63 to 160 as shares trend lower.

Straddle prices for stocks expected to report quarterly results this week

Home Depot (HD) November weekly 237.50 straddle priced for a move of 3% into less than expected 2020 guidance

Kohls (KSS) November weekly 58.50 straddle priced for a move of 8% into the expected release of quarter results today before the bell

Medtronic (MDT) November weekly 111 straddle priced for a move of 3.5% into the expected release of quarter results today before the bell

TJX (TJX) December 60 straddle priced for a move of 6% into the expected release of quarter results today before the bell

Urban Outfitters (URBN) November weekly 30 straddle priced for a move of 9.5% into the expected release of quarter results today after the bell

Jack in the Box (JACK) December 85 straddle priced for a move of 8.5% into the expected release of quarter results after the bell on November 20.

Lowes (LOW) November weekly 115 straddle priced for a move of 7% into the expected release of quarter results before the bell on November 20

L Brands (LB) November weekly 18 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 20

Netease (NTES) November weekly 290 straddle priced for a move of 8% into the expected release of quarter results after the bell on November 20

Nuance (NUAN) December 17 straddle priced for a move of 9.5% into the expected release of quarter results after the bell on November 20

Pinduoduo (PDD) December 42 straddle priced for a move of 15% into the expected release of quarter results before the bell on November 20

Sonos (SONO) December 15 straddle priced for a move of 15% into the expected release of quarter results after the bell on November 20

Target (TGT) November weekly 112 straddle priced for a move of 6% into the expected release of quarter results before the bell on November 20

BrightView Holding (BV) December 20 straddle priced for a move of 15% into the expected release of quarter results before the bell on November 21

Gap (GPS) November 17.50 straddle priced for a move of 8.5% into the expected release of quarter results on November 21

Intuit (INTU) November 267.5 straddle priced for a move of 4% into the expected release of quarter results after the bell on November 21

Macys (JWN) November weekly 17 straddle priced for a move of 13% into the expected release of quarter results before the bell on November 21

Nordstrom (JWN) November weekly 38 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 21

Ross Stores (ROST) December 113 straddle priced for a move of 6% into the expected release of quarter results after the bell on November 21

Splunk (SPLK) November weekly 123 straddle priced for a move of 8% into the expected release of quarter results after the bell on November 21

Buckle (BKE) December 22.50 straddle priced for a move of 12.5% into the expected release of quarter results before the bell on November 22

Foot Locker (FL) November weekly 45 straddle priced for a move of 11% into the expected release of quarter results before the bell on November 22

JM Smucker (SJM) December 105 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on November 22

Options with decreasing option implied volatility: AMRN KEM PCG RETA OSTK
Increasing unusual option volume: APO FDN UNM IQV CCXI
Increasing unusual call option volume: BTU APO VLO CCXI CP TRIP CBOE DHR
Increasing unusual put option volume: UNM EFX EWC I MUR ZTO OAS
Popular stocks with increasing unusual volume: TGT AMRN CSCO LK ACB VLO
Active options: AAPL AMD DIS FB ROKU MSFT VLO NVDA I NFLX BABA TGT ACB SNAP AMZN TSLA AMRN BAC CSCO LK

Global S&P Futures are recently up 3.75 from previous day. Nikkei 225 down 0.5%, DAX up 0.9%, WTI Crude oil is recently at $56.59, natural gas down 0.8%, gold at $1467 an ounce