Pre-Market IV Report November 3, 2020

Pre-Market IV Report November 3, 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 overlooked information.

Options with increasing option implied volatility: TCO IQ BIIB ULTA SFIX UCO MPLN DOCU FSR USO GS PEP LQD VXX JMIA

Stocks expected to have increasing option volume: COUP BHC EXPD HUM SYY QCOM W CRUS PYPL SEDG MDLZ RMBS UBER LYFT

Apple (AAPL) November weekly call option implied volatility is at 52, November is at 47; compared to its 52-week range of 18 to 90 after Apple said that it will host an event on November 10, analysts expect the unveiling of new Mac computers.

Uber (UBER) November weekly call option implied volatility is at 143, November is at 83; compared to its 26-week range of 36 to 201 into November 3 company-sponsored California ballot measure that will give voters the chance to decide over the future status of gig workers. Call put ratio 2.7 calls to 1 put into the expected release of quarter results on November 5.

Lyft (LYFT) November weekly call option implied volatility is at 185, November is at 122; compared to its 26-week range of 38 to 195 into November 3 company-sponsored California ballot measure that will give voters the chance to decide over the future status of gig workers. Call put ratio 6 calls to 1 put.

Jumia Technologies (JMIA) November call option implied volatility is at 177, December is at 151; compared to its 52-week range of 69 to 227. Call put ratio 1.8 calls to 1 put.

Straddle prices for stocks expected to report quarterly results this week

MercadoLibre (MELI) November weekly 1215 straddle priced for a move of 11% into the expected release of quarter results on November 4.

Uber (UBER) November weekly 35 straddle priced for a move of 12% into the expected release of quarter results on November 5.

Alibaba (BABA) November weekly 310 straddle priced for a move of 6.5% into the expected release of quarter results on November 5.

General Motors (GM) November weekly straddle priced for a move of 7% into the expected release of quarter results before the bell on November 5.

T-Mobile (TMUS) November weekly 110 straddle priced for a move of 6% into the expected release of quarter results on November 5.

Regeneron (REGN) November weekly 547 straddle priced for a move of 7% into the expected release of quarter results on November 5.

Booking Holding (BKNG) November weekly 1605 straddle priced for a move of 9% into the expected release of quarter results on November 5.

Bristol Meyers Squibb (BMY) November weekly 60 straddle priced for a move of 5% into the expected release of quarter results on November 5.

Electronic Arts (EA) November weekly 120 straddle priced for a move of 6% into the expected release of quarter results on November 5.

Canadian Goose (GOOS) November weekly 31.50 straddle priced for a move of 15% into the expected release of quarter results on November 5

Caesars Entertainment (CZR) November weekly 46.50 straddle priced for a move of 13% into the expected release of quarter results on November 5.

Capri Holdings (CPRI) November weekly 22 straddle priced for a move of 13% into the expected release of quarter results before the bell on November 5.

Cigna (CI) November weekly 175 straddle priced for a move of 6% into the expected release of quarter results before the bell on November 5.

Cloudflare (NET) November weekly 52 straddle priced for a move of 11% into the expected release of quarter results after the bell on November 5.

Dish Network (DISH) November weekly 26 straddle priced for a move of 9.5% into the expected release of quarter results on November 5.

GoPro (GPRO) November weekly 6 straddle priced for a move of 17% into the expected release of quarter results after the bell on November 5.

Groupon (GRPN) November weekly 20 straddle priced for a move of 20% into the expected release of quarter results after the bell on November 5.

IAC/Interactive (IAC) November weekly 125 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 5.

Live Nation (LYV) November weekly 50 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 5.

Monster Beverage (MNST) November weekly 78 straddle priced for a move of 7.8% into the expected release of quarter results on November 5.

Roku (ROKU) November weekly 207 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 5.

Square (SQ) November weekly 155 straddle priced for a move of 14% into the expected release of quarter results after the bell on November 5.

Take-Two (TTWO) November weekly 155 straddle priced for a move of 7% into the expected release of quarter results on November 5.

Teva (TEVA) November weekly 9 straddle priced for a move of 9% into the expected release of quarter results on November 5.

Virgin Galactic (SPCE) November weekly 17.50 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 5.

Yeti (YETI) November weekly 49 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 5.

Zoetis (ZTS) November weekly 162.50 straddle priced for a move of 5.5% into the expected release of quarter results on November 5.

Smith & Wesson Brands (SWBI) 30-day option implied volatility is at 92; compared to its 52-week range of 32 to 159 into elections. Call put ratio 2.4 calls to 1 put.

Sturm Ruger (RGR) 30-day option implied volatility is at 59; compared to its 52-week range of 23 to 120. Call put ratio 2.4 calls to 1 put.

Vista Outdoor (VSTO) 30-day option implied volatility is at 109; compared to its 52-week range of 38 to 164 into elections. Call put ratio 4.1 calls to 1 put.

Options with decreasing option implied volatility: TWTR SNAP DNKN FSLY CRON BGFV FIT TUP PINS OLED XLC
Increasing unusual option volume: DNKN PAGP BKLN CYH ING HALO ELY
Increasing unusual call option volume: PAGP DNKN IWN CYH EPR HALO TWNK
Increasing unusual put option volume: BKLN GPN HTZGQ MPLN ELAN PVH
Increasing option volume: TWTR XOM LYFT HTZGQ PYPL
Active options: AAPL NIO TSLA WFC FB AMD XOM MSFT BAC AMZN TWTR GE HTZGQ T LYFT PINS INTC PYPL SNAP BA
Global S&P Futures recently up 0.5% in premarket, Nikkei up 1.3%, DAX up 1.2% WTI Crude oil recently at $37.88, natural gas down 2%, gold at $1897 an ounce