Pre-Market IV Report November 8, 2018

Pre-Market IV Report November 8, 2018

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: MRNS SIG ATHN COL DIS ROKU MNST ATVI QCOM

Options expected to have increasing volume: ROKU QCOM DIS ATVI ANGI CMCSA HAIN MNST WYNN DIS TRIP FOSL

Cannabis stocks rallied after Jeff Sessions departed as Attorney General. Sessions had been a vocal opponent of nationally legalized marijuana.

Canopy Growth (CGC) November weekly call option implied volatility is at 115, November is at 108, December is at 88; compared to its 52-week range of 57 to 109.

Cronus Corporation (CRON) November weekly call option implied volatility is at 165, November is at 156, December is at 122; compared to its 52-week range of 71 to 166.

Tilray, Inc. (TLRY) November weekly call option implied volatility is at 270, November is at 221, December is at 152; compared to its 52-week range of 68 to 313.

Ulta (ULTA) November weekly call option implied volatility is at 81, November is at 47, December is at 40; compared to its 52-week range of 25 to 50 into today’s investor day.

Proctor & Gamble (PG) November weekly call option implied volatility is at 24, November is at 18, December is at 16; compared to its 52-week range of 11 to 24 into today’s investor day. Call put ratio 1.94 calls to 1 put.

Stryker (SYK) November call option implied volatility is at 20, December is at 19; compared to its 52-week range of 14 to 29 into an investor day on November 8. Call put ratio 3 calls to 1 put.
Juniper (JNPR) November weekly call option implied volatility is at 38, December is at 25; compared to its 52-week range of 20 to 53 into an investor meeting on November 9. Call put ratio 2 calls to 1 put.

Comcast (CMCSA) November weekly call option implied volatility is at 31, November is at 25, December is at 22; compared to its 52-week range of 20 to 59 into intends to launch a product that will let its broadband subscribers aggregate some video streaming applications, including Netflix (NFLX), Amazon (AMZN), and Google YouTube (GOOG), Reuters reports. Disney (DIS) reports EPS after the bell.

Bank option implied volatility into The Federal Reserve policy decision

BNY Mellon (BK) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 32
Comerica (CMA) 30-day option implied volatility is at 28; compared to its 52-week range of 18 to 36
BB&T (BBT) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 28.
KeyCorp (KEY) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 39
Citigroup (C) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 33
JPMorgan (JPM) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 34
PNC Financial (PNC) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 33
Bank of America (BAC) 30-day option implied volatility is at 23; compared to its 52-week range of 15 to 35.
Wells Fargo (WFC) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 40
Goldman Sachs (GS) 30-day option implied volatility is at 21; compared to its 52-week range of 15 to 33
Morgan Stanley (MS) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 35
Zions Bancorp (ZION) 30-day option implied volatility is at 27; compared to its 52-week range of 20 to 40
SunTrust (STI) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 35
U.S. Bancorp (USB) 30-day option implied volatility is at 18; compared to its 52-week range of 13 to 25
Fifth Third Bancorp (FITB) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 34
Huntington Bancshares (HBAN) 30-day option implied volatility is at 27; compared to its 52-week range of 17 to 34
TCF Financial Corp. (TCF) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 41
American Express (AXP) 30-day option implied volatility is at 18; compared to its 52-week range of 14 to 36
Regions Financial (RF) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 37
Comerica (CMA) 30-day option implied volatility is at 27; compared to its 52-week range of 18 to 36
Citizens Financial (CFG) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 39.
Ally Financial (ALLY) 30-day option implied volatility is at 25; compared to its 52-week range of 19 to 35
Northern Trust (NTRS) 30-day option implied volatility is at 23; compared to its 52-week range of 17 to 34

Increasing unusual option volume: UUP ARRS CPE SBH DAN WELL MHK ODP NAK SFUN
Increasing unusual call option volume: CPE WELL MHK DAN AEP ODP NAK SFUN PXLW EWI
Increasing unusual put option volume: UUP XRAY KORS FOSL DXC GRPN ODP SBH
Popular stocks with increasing unusual: SQ CGC TLRY PFE
Options with decreasing option implied volatility: XOG PACB SRCI PDCE EXTR NWL FIT
Cboe Bitcoin November futures down 55 to 6445