Pre-Market IV Report November 9, 2020

Pre-Market IV Report November 9, 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: CSCO XPEV RIDE PDD SNDL IQ MRNA HEXO CSCO ACB TRLY CRON KNDI PLTR GME M JKS YOLO

Stocks expected to have increasing option volume: BIIB ACB TLRY CRON HEXO SPY QQQ RUT NEE SPWR CSIQ RUN FSLR JKS SEDG NOVA

Biogen (BIIB) November weekly call option implied volatility is at 191, November is at 112; compared to its 52-week range of 25 to 103 into results of FDA advisory committee voting.

Canibas options active

Aurora Cannabis (ACB) November weekly call option implied volatility is at 383, November is at 296; compared to its 52-week range of 91 to 308 into the expected release of quarter results today. Call put ratio 2.3 calls to 1 put.

Canopy Growth (CGC) November weekly call option implied volatility is at 135, November is at 118; compared to its 52-week range of 55 to 185 into the expected release of quarter results today. Call put ratio 7.7 calls to 1 put with focus on November weekly calls.

Tilray, Inc. (TLRY) 30-day option implied volatility is at 136; compared to its 52-week range of 68 to 267. Call put ratio 7.8 calls to 1 put with focus on November weekly calls.

Cronos Group (CRON) November weekly call option implied volatility is at 165, November is at 139; compared to its 52-week range of 54 to 515. Call put ratio 9 calls to 1 put.

HEXO Corp. (HEXO) 30-day option implied volatility is at 171; compared to its 52-week range of 25 to 307. Call put ratio 34 calls to 1 put with focus on November and January calls.

New Age Beverage (NBEV) 30-day option implied volatility is at 117; compared to its 52-week range of 71 to 249. Call put ratio 3.5 calls to 1 put with focus on November 3.5 calls.

Straddle prices for stocks expected to report quarterly results this week

Aurora Cannabis (ACB) November weekly 10 straddle priced for a move of 39% into the expected release of quarter results today.

Canopy Growth (CGC) November weekly 23.50 straddle priced for a move of 15% into the expected release of quarter of quarter results today.

Kandi Technologies (KNDI) November10 straddle priced for a move of 25% into the expected release of quarter of quarter results today.

Nautilus (NLS) November 30 straddle priced for a move of 21% into the expected release of quarter results today after the bell.

Nikola (NKLA) November weekly 19.50 straddle priced for a move of 21% into the expected release of quarter results today after the bell.

Occidental Petroleum (OXY) November weekly 10 straddle priced for a move of 11% into the expected release of quarter results today after the bell.

Simon Property (SPG) November 60 straddle priced for a move of 8% into the expected release of quarter results after the bell.

Taubman (TCO) November 65 straddle priced for a move of 10% into the expected release of quarter on results today after the bell.

Tilray (TLRY) November weekly 9.5 straddle priced for a move of 33% into the expected release of quarter results today after the bell.

Workhorse (WKHS) November weekly 17 straddle priced for a move of 18% into the expected release of quarter results today.

Advanced Auto Parts (AAP) November 155 straddle priced for a move of 9% into the expected release of quarter on after the bell on November 10.

Lyft (LYFT) November weekly 30 straddle priced for a move of 11% into the expected release of quarter on after the bell on November 10.

Rocket Cos (RKT) November weekly 21.50 straddle priced for a move of 14% into the expected release of quarter on after the bell on November 10.

Rockwell Automation (ROK) November 250 straddle priced for a move of 6.5% into the expected release of quarter on before the bell on November 10.

NextEra Energy (NEE) 30-day option implied volatility is at 27; compared to its 52-week range of 14 to 91 as shares trade up in premarket.

Palantir (PLTR) November weekly call option implied volatility is at 157, November is at 125; compared to its 52-week range of 59 to 113 into the expected release of quarter results on November 12.

Options with decreasing option implied volatility: IBM SNAP TWTR FLSY TWTR DNKN VIX UVXY SIRI GPRO CXW LYFT
Increasing option volume: SNDL WMGI VGK TRIP OGI AXL HEXO ANF
Increasing unusual call option volume: OGI MTG HEXO MJ TRIP GBT ACB ANF DNKN TMUS
Increasing unusual put option volume: TRIP VGK EWG ACB WMGI ANGI PE DISCA TLRY CRON
Increasing option volume: ACB UBER PLTR ROKU HEXO SQ
Active options: AAPL NIO ACB TSLA TLRY SNAP AMD UBER BABA AMZN PLTR SQ ROKU HEXO FB MSFT AAL WFC BAC F
Global S&P Futures recently up 0.7% in premarket, Nikkei up 2%, DAX up 1.1% WTI Crude oil recently at $37.91, natural gas down 1.3%, gold at $1961 an ounce