Pre-Market IV Report November 5, 2021

Pre-Market IV Report November 5, 2021

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: SQ PTON SNDL MCMJ AMC CLOV NVDA PTON PROG GREE PINS UBER PENN OPEN

Stocks expected to have increasing option volume: PTON DKNG UBER SQ DDOG GPRO PINS NET IAC SHAK RKT FSLR CVNA DBX WW WWE PENN MRK EXPD ABNB PLNT PZZA

Stocks with option IV movement and volume

Peleton (PTON) November weekly call option implied volatility is at 298, November is at 102; compared to its 52-week range of 50 to 81 into lower guidance. Call put ratio 1 call to 1.6 puts.

Penn National Gaming (PENN) November weekly call option implied volatility is at 165, November is at 85; compared to its 52-week range of 49 to 99 after quarter results. Call put ratio 1.9 calls to 1 put.

Tesla (TSLA) November weekly call option implied volatility is at 58, November is at 75; compared to its 52-week range of 37 to 106. Call put ratio 1.2 calls to 1 put.

Avis Budget Group (CAR) November call option implied volatility is at 133, December is at 118; compared to its 52-week range of 49 to 186. Call put ratio 1 call to 2.3 puts.

AMC Entertainment (AMC) 30-day option implied volatility is at 103, November is at 127; compared to its 52-week range of 95 to 726 into expected release of quarter results on November 8. Call put ratio 2.6 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 117, November is at 103; compared to its 52-week range of 69 to 553 into expected release of quarter results in early December. Call put ratio 4.5 calls to 1 put.

Bed Bath & Beyond (BBBY) November weekly call option implied volatility is at 170, November is at 104; compared to its 52-week range of 57 to 303. Call put ratio 3.6 calls to 1 put.

Ocugen (OCGN) November weekly call option implied volatility is at 250, November is at 210; compared to its 52-week range of 106 to 360. Call put ratio 2.3 calls to 1 put.

Bakkt Holdings, Inc. (BKKT) 30-day option implied volatility is at 216; compared to its 52-week range 10 to 259. Call put ratio 8 calls to 1 put.

Airlines options active on travel restriction reductions

American Airlines (AAL) 30-day option implied volatility is at 40; compared to its 52-week range of 39 to 117. Call put ratio 3.9 calls.

Delta Air Lines (DAL) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 61. Call put ratio 3.2 calls to 1 put.

Southwest Airlines (LUV) 30-day option implied volatility is at 31; compared to its 52-week range of 28 to 55. Call put ratio 5.6 calls to 1 put.

United Airlines (UAL) 30-day option implied volatility is at 39; compared to its 52-week range of 37 to 71. Call put ratio 6.3 calls to 1 put.

Straddle prices for stocks expected to report quarterly results

Draftkings (DKNG) November weekly 45 straddle priced for a move of +/- 8.5% into the expected release of quarter results before the bell on November 5.

Ballard Power (BLDP) November 18 straddle priced for a move of +/- 14% into the expected release of quarter results on November 8.

Hormel (HRL) November weekly 43 straddle priced for a move of +/- 2.5% into the expected release of quarter results before the bell on November 8.

Lemonade (LMND) November weekly 71 straddle priced for a move of +/- 17% into the expected release of quarter results after the bell on November 8.

Plug Power (PLUG) November weekly 40 straddle priced for a move of +/- 10% into the expected release of quarter results on November 8.

RealReal (REAL) November 12.50 straddle priced for a move of +/- 17% into the expected release of quarter results after the bell on November 8.

Zynga (ZNGA) November weekly 7 straddle priced for a move of +/- 13% into the expected release of quarter results on November 8.

Options with decreasing option implied volatility: TWLO SNAP Z CAR CHGG
Increasing unusual option volume: ADNT QRTEA ITP JNK PEAK IR
Increasing unusual call option volume: QRTEA IAA OPFI CHGG XRX
Increasing unusual put option volume: JNK COOP NRG LSPD DNN XLC SIRI GT
Popular stocks with increasing volume: MRK NVDA PTON DKNG MRNA PENN PFE LCID T PLTR OCGN
Active options: NVDA TSLA AMD F AAPL AMZN FB NIO QCOM DKNG UBER MRNA AMC MSFT PENN PFE LCID T PLTR OCGN
Global S&P Futures mixed, Nikkei mixed, DAX mixed, WTI Crude oil recently at $79.37, natural gas down 2.2%, gold at $1799 an ounce