Pre-Market IV Report October 30, 2020

Pre-Market IV Report October 30, 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: BIIB UVXY SNOW TWTR JKS LQD AAPL GOOG FB SPXU IEF

Options expected to have increasing volume: AAPL AMZN ATVI GOOG GOOGL BAX COP MGM SPOT SBUX ABBV HON TWTR SKX SHAK

Option implied Volatility bid into last trading day of month and upcoming election results

Alibaba (BABA) October weekly call option implied volatility is at 62, November is at 52; compared to its 52-week range of 22 to 63 into China’s Ant Group, a fintech company backed by Alibaba, offering. BABA is expected to release quarter results on November 5.

Hershey (HSY) 30-day option implied volatility is at 32; compared to its 52-week range of 15 to 87 into Halloween and the expected release of quarter results on before the bell on November 6.

Hertz Global (HTZ) 30-day option implied volatility is at 202; compared to its 52-week range of 40 to 471. Call put ratio 3.1 calls to 1 put with focus on January 4.5 calls.

IV into quarter results

AMC (AMC) 30-day option implied volatility is at 171; compared to its 52-week range of 48 to 387 into the expected release of quarter results after the bell on November 2.

Berkshire Hathaway (BRK/B) 30-day option implied volatility is at 29; compared to its 52-week range of 12 to 79 into the expected release of quarter results on November 2.

Wingstop (WING) 30-day option implied volatility is at 63; compared to its 52-week range of 31 to 157 into the expected release of quarter results before the bell on November 2.

Qualcomm (QCOM) 30-day option implied volatility is at 51; compared to its 52-week range of 25 to 85 into the expected release of quarter results after the bell on November 4.

Wynn Resorts (WYNN) 30-day option implied volatility is at 72; compared to its 52-week range of 31 to 216 into the expected release of quarter results on November 4.

Straddle prices for stocks expected to report quarterly results next week

AMC (AMC) November weekly 2.5 straddle priced for a move of 20% into the expected release of quarter results after the bell on November 2.

Berkshire Hathaway (BRK/B) November weekly 200 straddle priced for a move of 4.5% into the expected release of quarter results on November 2.

Cirrus Logic (CRUS) November weekly 70 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 2.

Clorox (CLX) November weekly 207.50 straddle priced for a move of 6% into the expected release of quarter results before the bell on November 2.

Diamondback Energy (FANG) November straddle priced for a move of 20% into the expected release of quarter results after the bell on November 2.

Estee Lauder (EL) November 220 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on November 2.

Exterran (EXTN) November 5 straddle priced for a move of 18% into the expected release of quarter results before the bell on November 2.

Hertz (HTZ) November weekly 2 straddle priced for a move of 38% into the expected release of quarter results on November 2.

Ingersoll Rand (IR) November straddle priced for a move of 8% into the expected release of quarter results after the bell on November 2.

Lumber Liquidators (LL) November weekly 23.50 straddle priced for a move of 21% into the expected release of quarter results on November 2.

Mondelez (MDLZ) November weekly 53 straddle priced for a move of 6% into the expected release of quarter results on November 2.

Rambus (RMBS) November 14 straddle priced for a move of 11% into the expected release of quarter results after the bell on November 2.

Williams (WMB) November weekly 19 straddle priced for a move of 7% into the expected release of quarter results after the bell on November 2.

Waste Management (WM) November straddle priced for a move of 5% into the expected release of quarter results before the bell on November 2.

Vornado (VNO) November 30 straddle priced for a move of 10% into the expected release of quarter results after the bell on November 2.

Wingstop (WING) November 120 straddle priced for a move of 13% into the expected release of quarter results before the bell on November 2.

Options with decreasing option implied volatility: PINS LRN CHGG DNKN TIF FSLY SNAP
Increasing option volume: IWD IPHI RLGY ETM IEF TPX
Increasing unusual call option volume: FEZ IGV RLGY AAP GPN
Increasing unusual put option volume: TAP EIF SNE ATUS SKX RWT BKLN
Increasing option volume: ZM CCL NIO SNAP
Active options: AAPL NIO PINS TSLA TWTR MSFT FB AMD SNAP BAC AMZN F GE NOK ZM BA AAL T BABA CCL
Global S&P Futures recently down 0.5% premarket, Nikkei down 1.5%, DAX mixed, WTI Crude oil recently at $35.84, natural gas mixed, gold at $1872 an ounce