Mid-session IV Report August 14, 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: HE X ORCL TMF ADBE JNJ TIP APLS NVCR VMW ORCL
Popular stocks with increasing volume: TSLA AMC NVDA AAPL AMD AMZN X BABA META PYPL PLTR DIS NKLA NIO MSFT SOFI RIVN GOOGL BAC F
Option IV into quarter results
Home Depot (HD) August call option implied volatility is at 45, September is at 26; compared to its 52-week range of 17 to 39 into the expected release of quarter results before the bell on August 15.
Agilent (A) August option implied volatility is at 55, September is at 32; compared to its 52-week range of 21 to 80 into the expected release of quarter results after the bell on August 15. Call put ratio 3.6 calls to 1 put with focus on August 135 calls.
On Holding (ONON) August option implied volatility is at 155, September is at 70; compared to its 52-week range of 42 to 111 in the expected release of quarter results before the bell on August 15. Call put ratio 1 call to 2 puts.
Cava Group (CAVA) August call option implied volatility is at 150, September is at 77; compared to its 52-week range of 56 to 92 into the expected release of quarter results after the bell on August 15.
Target (TGT) August option implied volatility is at 90, September is at 40; compared to its 52-week range of 25 to 52 into the expected release of quarter results before the bell on August 16.
Walmart (WMT) August option implied volatility is at 44, September is at 23; compared to its 52-week range of 12 to 32 into quarter results on August 17.
BHP Group (BHP) August option implied volatility is at 33, September is at 30; compared to its 52-week range of 23 to 420 into the expected release quarter results on August 21. Call put ratio 1 call to 5 puts.
Movers
NVIDIA (NVDA) 30-day option implied volatility is at 63; compared to its 52-week range of 39 to 68 as share price up 2.9%. Call put ratio 1.6 calls to 1 put into expected release of quarter results on August 23.
Cleveland-Cliffs option IV after proposes to acquire U.S. Steel
Cleveland-Cliffs (CLF) 30-day option implied volatility is at 44; compared to its 52-week range 37 to 77 after U.S. Steel (X) rejected an unsolicited takeover bid from Cleveland-Cliffs. Call put ratio 3 calls to 1 put.
United States Steel Corporation (X) 30-day option implied volatility is at 42; compared to its 52-week range of 34 to 72 after rejecting an unsolicited takeover bid from rival Cleveland-Cliffs (CLF).
Hawaiian Electric Industries (HE) August call option implied volatility is at 255, September is at 136; compared to its 52-week range of 15 to 40 as shares sell off 39%. Call put ratio 1 call to 1.4 puts.
Options with decreasing option implied volatility: UPST APPS LYFT PLTR BMBL RNG CHGG CPRI GRPN
Increasing unusual option volume: SWBI PLNT KVUE YELL WE MNDY GOGL ASTL TIP KJS X HE AMC GNS
Increasing unusual call option volume: SWBI GNS KVUE MNDY TIP ASTL JKS EVLV YELL
Increasing unusual put option volume: GFI EBIX TME TUP KVUE MNDY FND ARRY X JKS
Active options: TSLA AMC NVDA AAPL AMD AMZN X BABA META PYPL PLTR DIS NKLA NIO MSFT SOFI RIVN GOOGL BAC F
