Stocks Under $20: 2 Movers Headed in Opposite Directions

Core Insights - Lemonade Inc (LMND) is experiencing a decline of 1.4%, trading at $18.92, following a positive earnings report from peer Travelers Companies (TRV) and a recent reiteration of a $40 price target by JPMorgan Securities, marking a 13% deficit over the past three months [1] - Enovix Corp (ENVX) is up 2.4% to $11.46, buoyed by the anticipation of its third-quarter earnings report on October 29 and a significant purchase of 75,000 shares by One Wealth Advisors, valued at $700,000, despite a 9% year-to-date loss [1] Options Activity - Options for LMND are considered affordable, with a Schaeffer's Volatility Index (SVI) rating of 85%, placing it in the 34th annual percentile [2] - ENVX has seen a high demand for puts, with its 50-day put/call volume ratio ranking in the 84th annual percentile across major exchanges [2]