Pre-Market IV Report November 22, 2019

Pre-Market IV Report November 22, 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: CLDR FL LULU XLP APA AXSM ARQL BB LK SLACK AMTND ETFC FDX CCL NKE ULTA NVST WORK QD ITCI WVE AXSM

Options expected to have increasing volume: PSTG WSM FL GPS JWN SPLK ROST WSM INTU SCVL

Important date: December 15 is the day President Trump set in the autumn for the next round of China Tariff hikes

United States Oil Fund (USO) November weekly call option implied volatility is at 26, December is at 29; compared to its 52-week range of 22to 62 as WTI Crude oil near 2-month high into OPEC meeting on December 4.

ExxonMobil (XOM) November weekly call option implied volatility is at 15, December is at 18; compared to its 52-week range of 15 to 39 as WTI Crude oil near 2-month high into OPEC meeting on December 4.

TD Ameritrade (AMTD) November weekly call option implied volatility is at 65, December is at 37; compared to its 52-week range of 22 to 53 after recent reports Schwab (SCHW) in talks to buy TD Ameritrade (AMTD). Call put ratio 1.4 calls to 1 put.

Charles Schwab (SCHW) November weekly call option implied volatility is at 57, December is at 27; compared to its 52-week range of 22 to 44. Call put ratio 1.6 calls to 1 put.

E*TRADE Financial (ETFC) November weekly call option implied volatility is at 55, December is at 34; compared to its 52-week range of 24 to 46. Call put ratio 1.6 calls to 1 put.

Interactive Brokers (IBKR) December call option implied volatility is at 28, January is at 28; compared to its 52-week range of 26 to 49. Call put ratio 3.5 calls to 1 put. Call put ratio 2.1 calls to 1 put.

Axsome Therapeutics (AXSM) December call option implied volatility is at 158, January is at 170; compared to its 52-week range of 66 to 298. Call put ratio 36 calls to 1 put with focus on January 30 and 40 calls.

Pure Storage, Inc. (PSTG) December call option implied volatility is at 57, January is at 44; compared to its 52-week range 36 to 56 into releasing less than expected Q4, FY20 revenue guidance.

Medicines Co. (MDCO) December call option implied volatility is at 77, January is at 63; compared to its 52-week range of 42 to 190 after recent reports the company has attracted suitors. Call put ratio 8.4 calls to 1 put with a focus on January calls.

Tesla (TSLA) November weekly call option implied volatility is at 74, December is at 42; compared to its 52-week range of 37 to 75. Call put ratio 1.6 calls to 1 put.

Straddle prices for stocks expected to report quarterly results next week

Agilent (A) December 77.50 straddle priced for a move of 6.5% into the expected release of quarterly results before the bell on November 25.

Ambarella (AMBA) November weekly 55 straddle priced for a move of 11% into the expected release of quarterly results before the bell on November 25.

Hewlett Packard (HPE) November weekly 17 straddle priced for a move of 5% into the expected release of quarterly results before the bell on November 25.

PVH Corp (PVH) December straddle priced for a move of 10.50% into the expected release of quarterly results before the bell on November 25.

Palo Alto Networks (PANW) November weekly 247.50 straddle priced for a move of 6% into the expected release of quarterly results before the bell on November 25.

Abercrombie & Fitch (ANF) November weekly 15.50 straddle priced for a move of 15% into the expected release of quarterly results before the open on November 26.

Autodesk (ADSK) November weekly 165 straddle priced for a move of 7% into the expected release of quarterly results before the bell on November 26.

Best Buy (BBY) November weekly 72 straddle priced for a move of 7.5% into the expected release of quarterly results before the bell on November 26.

Box (BOX) December 16 straddle priced for a move of 13% into the expected release of quarterly results before the bell on November 26.

Burlington Stores (BURL) November weekly 205 straddle priced for a move of 8% into the expected release of quarterly results before the bell on November 26.

Dell Technologies (DELL) December straddle priced for a move of 9% into the expected release of quarterly results before the bell on November 26.

Dicks Sporting Goods (DKS) November weekly 39 straddle priced for a move of 9% into the expected release of quarterly results before the open on November 26.

Dollar Tree (DLTR) November weekly 108 straddle priced for a move of 7% into the expected release of quarterly results before the open on November 26.

HP (HPQ) November weekly 19.50 straddle priced for a move of 6% into the expected release of quarterly results before the bell on November 26.

VMWare (VMW) November weekly 165 straddle priced for a move of 6.5% into the expected release of quarterly results before the bell on November 26.

Deere (DE) November weekly 175 straddle priced for a move of 5.5% into the expected release of quarterly results before the open on November 27.

Options with decreasing option implied volatility: TWTR GRUB TIF FIT EXPE FTCH PLAN M SONO PDD LOW KSS JD TJX URBN
Increasing unusual option volume: ETRN REZI AMLP JACK RESI AXSM PAGP BERY DHR
Increasing unusual call option volume: AMLP ETRN AXSM JACK BERY RESI PAGP EWT MMP ROST JWN
Increasing unusual put option volume: JACK NRG DHR GPS ROST CLNY PSTG CORT BJ XLY INTU JWN
Popular stocks with increasing unusual: CRON M ACB TGT CGC DIS AAPL
Active options: AAPL AMD CGC TWTR ROKU TSLA FB M ACB NFLX UBER MSFT AMZN TGT SNAP CRON BABA DIS GE BAC

Global S&P Futures are recently up 4.75 from previous day. Nikkei 225 up 0.3%, DAX up 0.1%, WTI Crude oil is recently at $58.51, natural gas up 0.1%, gold at $1470 an ounce