Hedge Fund Straddles & Ask/Value Decile 1 for 11/20/20

With volatility expectations rising around election fears, our list of stocks with option buying potential has gotten very small. There are two stocks that are poised for a big move according to our Hedge Fund Straddle scan, that also show up in decile 1 of the Ask/Value scan (Which means the stocks have options that are cheaper than 90% of the other stocks in the market). Looking at the Value Ratio, cheaper than 90% of the market is good, but relative to their value they're on not really cheap. That is because everything across the market is getting more expensive around election fears. The rising volatility expectations is good for any open straddle positions, but it makes finding new opportunities difficult.