Mid-session IV Report August 10, 2023
The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.
Options with increasing option implied volatility: BOIL VET UNG GTLB DIS VMW AEO DOCU KR
Popular stocks with increasing volume: CVNA RIVN RBLX PLTR LYFT PENN DIS DKNG TWLO
IV into inflation #’s and Jackson Hole
Apple (AAPL) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 45 as shares close below $180.
NVIDIA (NVDA) August option implied volatility is at 45, September is at 64; compared to its 52-week range of 39 to 68 into quarter results in late August.
Walmart (WMT) August option implied volatility is at 19, September is at 30; compared to its 52-week range of 12 to 32 into shares near record high into quarter results on August 17. Call put ratio 4.4 calls to 1 put.
Eli Lilly & Co. (LLY) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 38 as share price near record high.
General Electric (GE) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 252 as share price near upper end of range.
Straddle prices into quarter results
Alibaba (BABA) August weekly 95 straddle is priced for a move of 7% into the expected release of quarter results today before the bell.
Ralph Lauren (RL) August 130 straddle is priced for a move of 6.5% into the expected release of quarter results today before the bell.
US Foods (USFD) August 42.50 straddle is priced for a move of 8% into the expected release of quarter results today before the bell.
YETI Holdings, Inc. (YETI) August weekly 40 straddle is priced for a move of 9% into the expected release of quarter results today before the bell.
Six Flags Entertainment (SIX) August 22.50 straddle is priced for a move of 13% into the expected release of quarter results today before the bell.
Options with decreasing option implied volatility: CHGG AUPH BYND TRUP UPST LYFT CFLT APPS FSR LMND
Increasing unusual option volume: INFN BUR TUP KVUE YELL IJR TUP BSM FMC UGI
Increasing unusual call option volume: IJR YELL KVUE BSM ARRY HSBC PUBM TUP BUR PENN
Increasing unusual put option volume: DOCS TUP APP SONO BMBL IFF VST CPNG MPLX PENN XP
Popular stocks with increasing volume: PLTR RIVN DIS JNJ DKNG RBLX CVNA KVUE
Active options: TSLA NVDA AAPL PLTR RIVN AMZN AMC AMD UPST DIS META JNJ BABA DKNG MSFT RBLX CVNA KVUE NKLA GOOG
Global S&P Futures mixed to higher in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $84.70, natural gas mixed, gold at $1951
