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: FNSR EWW ZAYO QID YELP ATVI DIS NIO

Options expected to have increasing volume: DIS AVTI HTZ CL CREE YELP TTD FNSR

Finisar (FNSR) short duration November weekly options expiring today active into II-VI acquiring for $3.2B

Finisar (FNSR) November weekly call option implied volatility is at 124, November is at 81, December is at 61; compared to its 52-week range of 35 to 81 into II-VI to acquire for $26 per share in cash and stock. FNSR closed at $18.88

Finisar call put ratio 5.1 calls to 1 put with focus on November weekly 20, 20.50 and 21.50 calls into II-VI acquiring for $3.2B.

Finisar 15,066 calls and 2,954 puts traded on November 7, compared to its 90 day average of 2,053 call contracts, 1,077 put contracts.

United States Oil Fund (USO) November weekly call option implied volatility is at 35, November is at 34, December is at 31; compared to its 52-week range of 17 to 31 as WTI crude oil approaches $60. Call put ratio 1.5 calls to 1 put.

Alibaba (BABA) November weekly call option implied volatility is at 40, November is at 39, December is at 38; compared to its 52-week range of 25 to 58 into Single’s Day, shares down 13% for year.

Tesla (TSLA) November call option implied volatility is at 51, December is at 50; compared to its 52-week range of 32 to 71.

Finisar (FNSR) November weekly call option implied volatility is at 124, November is at 81, December is at 61; compared to its 52-week range of 35 to 81 into II-VI to acquire for $26 per share in cash and stock. Call put ratio 5.1 calls to 1 put with focus on November 21.50 calls.

Straddle prices for stocks expected to report results next week

Zoes Kitchen (ZOES) November 12.50 straddle priced for move of 10% into the expected release of EPS after the bell on November 12

Advanced Auto Parts (AAP) November 170 straddle priced for move of 9% into the expected release of EPS before the open on November 13

Beazer Homes (BZH) November 9 straddle priced for move of 10% into the expected release of EPS after the bell on November 13

Home Depot (HD) November 190 straddle priced for move of 3% into the expected release of EPS before the open on November 13

Tilray (TLRY) November 119 straddle priced for move of 16% into the expected release of EPS after the bell on November 13

Canada Goose Holdings (GOOS) November 60 straddle priced for move of 18% into the expected release of EPS on November 14

Cisco (CSCO) November 48.50 straddle priced for move of 5% into the expected release of EPS after the bell on November 14

Blue Apron (APRN) November 1.50 straddle priced for move of 20% into the expected release of EPS after the bell on November 14

Progressive (PGR) November 72.50 straddle priced for move of 3% into the expected release of EPS before the open on November 14

Canadian Solar (CSIQ) November 14.50 straddle priced for move of 12% into the expected release of EPS before the open on November 15

NVIDIA (NVDA) November 205 straddle priced for move of 10% into the expected release of EPS after the bell on November 15

Nordstrom (JWN) November 66.50 straddle priced for move of 7% into the expected release of EPS after the bell on November 15

Switch (SWCH) November 10 straddle priced for move of 12% into the expected release of EPS on November 16

Walmart (WMT) November 105 straddle priced for move of 4.8% into the expected release of EPS before the open on November 15

Williams-Sonoma (WSM) November 65 straddle priced for move of 9% into the expected release of EPS after the bell on November 15

Viacom (VIAB) November 32 straddle priced for move of 8% into the expected release of EPS before the open on November 16

Rockwell Collins (COL) November 130 straddle priced for move of 5% into the expected release of EPS before the open on November 16

Increasing unusual option volume: PLT CLNY AMJ CSOD EXPD RHI

Increasing unusual call option volume: AMJ CLNY DAN RHI FTK RRR FLXN BDSI EPD

Increasing unusual put option volume: ICHR HLF CROX LGND MGA HAIN EWA MNST

Popular stocks with increasing volume: SQ ROKU XOM PBR DIS

Options with decreasing option implied volatility: FOSL AAOI TRIP SGMS CYBR ROKU

Cboe Bitcoin November futures down 87 to 6335