Pre-Market IV Report November 4, 2020

Pre-Market IV Report November 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: IQ BIIB RIDE SPWR PDD SNOW LQD VXX JMIA CRON TCO SFIX ZM ZS USO DOCU GPRO

Stocks expected to have increasing option volume: SPY QQQ BABA GOOS CPRI NET UBER LYFT

Elections, FOMC, October jobs report

Apple (AAPL) November weekly call option implied volatility is at 55, November is at 43; compared to its 52-week range of 18 to 90 after Apple said that it will host an event on November 10.

Alibaba (BABA) November weekly call option implied volatility is at 78, November is at 52; compared to its 52-week range of 22 to 63 into expected to release quarter results on November 5.

SPDR S&P 500 ETF Trust (SPY) November weekly calls option implied volatility is at 48, November is at 34; compared to its 52-week range of 10 to 77 into election results. Call put ratio 1 call to 1.5 puts.

PowerShares QQQ Trust (QQQ) November weekly calls option implied volatility is at 51, November is at 40; compared to its 52-week range of 12 to 79 into election results. Call put ratio 1 call to 1.6 puts.

Financial Select Sector SPDR ETF (XLF) November weekly option implied volatility is at 51, November is at 40; compared to its 52-week range of 13 to 111 into election results and FOMC. Call put ratio 1.4 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) November weekly call option implied volatility is at 62, November is at 47; compared to its 52-week range of 22 to 158 into election results.

Health Care Select Sect Fd (XLV) November weekly call option implied volatility is at 26. November is at 25; compared to its 52-week range of 10 to 71 into Trump Biden, House & Senate election results.

iShares Nasdaq Biotechnology (IBB) November weekly call option implied volatility is at 55, November is at 37; compared to its 52-week range of 17 to 80 into Trump Biden, House & Senate election results. Call put ratio 2.2 calls to 1 put.

SPDR S&P Biotech ETF (XBI) November weekly call option implied volatility is at 65, November is at 43; compared to its 52-week range of 22 to 76 into Trump Biden, House & Senate election results. Call put ratio 1 call to 2 puts.

Biogen (BIIB) November weekly call option implied volatility is at 198, November is at 112; compared to its 52-week range of 25 to 63 into an expected FDA panel to discuss Biogen Alzheimer’s application on November 6.

Uber (UBER) November weekly call option implied volatility is at 158, November is at 84; compared to its 26-week range of 36 to 201 into California voters decide on Proposition 22. Call put ratio 1.8 calls to 1 put into the expected release of quarter results on November 5. Shares are up in the premarket.

Lyft (LYFT) November weekly call option implied volatility is at 199, November is at 121; compared to its 26-week range of 38 to 195 into California voters decide on Proposition 22. Call put ratio 4.5 calls to 1 put share prices are up in premarket.

Straddle prices for stocks expected to report quarterly results this week

Uber (UBER) November weekly 36 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% into the expected release of quarter results on November 5.

General Motors (GM) November weekly 35.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on November 5.

T-Mobile (TMUS) November weekly 111 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 6.5% into the expected release of quarter results on November 5.

Booking Holding (BKNG) November weekly 1670 straddle priced for a move of 7% into the expected release of quarter results on November 5.

Bristol Meyers Squibb (BMY) November weekly 61 straddle priced for a move of 5% into the expected release of quarter results on November 5.

Electronic Arts (EA) November weekly 121 straddle priced for a move of 7% into the expected release of quarter results on November 5.

Canadian Goose (GOOS) November weekly 32 straddle priced for a move of 15% into the expected release of quarter results on November 5.

Caesars Entertainment (CZR) November weekly 50 straddle priced for a move of 12% into the expected release of quarter results on November 5.

Capri Holdings (CPRI) November weekly 23 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 10% 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 20.50 straddle priced for a move of 23% 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 52.50 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 79.50 straddle priced for a move of 8% into the expected release of quarter results on November 5.

Peloton (PTON) November weekly 112 straddle priced for a move of 13% into the expected release of quarter results after the bell on November 5.

Roku (ROKU) November weekly 202.50 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 5.

Square (SQ) November weekly 155 straddle priced for a move of 10% into the expected release of quarter results after the bell on November 5.

Take-Two (TTWO) November weekly 157.50 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 11% into the expected release of quarter results on November 5.

Virgin Galactic (SPCE) November weekly 18.50 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 5.

Yeti (YETI) November weekly 49 straddle priced for a move of 11% 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.

EOG Resources (EOG) November weekly 35 straddle priced for a move of 10% into the expected release of quarter results on November 6.

CVS Health (CVS) November weekly 60 straddle priced for a move of 5% into the expected release of quarter results on November 6.

Hershey (HSY) November weekly 142 straddle priced for a move of 5% into the expected release of quarter results before the bell on November 6.

Viacom (VIAC) November weekly 30 straddle priced for a move of 8.5% into the expected release of quarter results before the bell on November 6.

Options with decreasing option implied volatility: TWTR SNAP DNKN FSLY CRON TIF DNKN SIRI TUP
Increasing option volume: LEG CYY IWN JAZZ MTB ING
Increasing unusual put option volume: IWN MTB MTG SIL FLEX CXW TWNK
Increasing unusual put option volume: KWEB MYL CARR GES SEDG TAN IBN
Increasing option volume: LYFT PLUG PYPL UBER
Active options: AAPL NIO TSLA BABA BAC MSFT GE PYPL WFC LYFT AMD UBER TWTR FB AMZN JPM PLUG BA INTC XOM
Global S&P Futures recently up in premarket, Nikkei up 1.8%, DAX down 0.8% WTI Crude oil recently at $37.83, natural gas mixed, gold at $1894 an ounce