Mid-session IV Report August 29, 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: KMX BB ATVI CRM CRWD CHWY PSTG FIVE LULU
Popular stocks with increasing volume: SJM T MNST BBY T PDD VALE AFRM MMM BSX VZ
Option IV into quarter results
Ambarella (AMBA) September weekly option implied volatility is at 135, September is at 72; compared to its 52-week range of 38 to 86 into the expected release of quarter results today after the bell.
Salesforce (CRM) September weekly option implied volatility is at 95, September is at 58; compared to its 52-week range of 25 to 54 into the expected release of quarter results on August 30 and Dreamforce 2023 beginning on September 14.
CrowdStrike (CRWD) September weekly option implied volatility is at 112, September is at 69; compared to its 52-week range of 36 to 71 into the expected release of quarter results after the bell on August 30.
Chewy (CHWY) September weekly option implied volatility is at 173, September is at 89; compared to its 52-week range of 41 to 92 into the expected release of quarter results after the bell on August 30. Call put ratio 2 calls to 1 put as shares rally 3.2%.
Okta (OKTA) September weekly option implied volatility is at 155, September is at 79; compared to its 52-week range of 37 to 94 into the expected release of quarter results after the bell on August 30.
Pure Storage (PSTG) September option implied volatility is at 69, October is at 51; compared to its 52-week range of 29 to 90 into the expected release of quarter results after the bell on August 30.
Five Below (FIVE) September weekly option implied volatility is at 85, September is at 55; compared to its 52-week range of 26 to 62 into the expected release of quarter results after the bell on August 30.
lululemon athletica (LULU) September weekly option implied volatility is at 115, September is at 71; compared to its 52-week range of 22 to 55 into the expected release of quarter results after the bell on August 31.
Bitcoin movers after Court overturns SEC decision to block Bitcoin Investment ETF, Bloomberg reports
Coinbase (COIN) 30-day option implied volatility is at 73; compared to its 52-week range of 66 to 136. Call put ratio 3 calls to 1 put as Bitcoin moves up 4.7%.
Marathon Digital Holdings (MARA) 30-day option implied volatility is at 95; compared to its 52-week range of 99 to 168. Call put ratio 3.9 calls to 1 put as share price up 17% as Bitcoin trades above $27,600.
Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 61; compared to its 52-week range of 59 to 173 as Bitcoin moves up 8.7%.
Riot Platforms (RIOT) 30-day option implied volatility is at 98; compared to its 52-week range of 90 to 137 as share price up 14% as Bitcoin trades $27,600.
Options with decreasing option implied volatility: PTON NVCR AAP ANF JWN GPS BURL NVDA AFRM MRVL SNOW SPLK NVDA AFRM SNOW MRVL SPLK BBWI KSS WISH DLTR FL HZNP ULTA
Increasing unusual option volume: GNS GOGL SRG DNA BBY BIG BSX GSAT TIGR BBY T RUM PDD VALE AFRM MMM VZ ELF RIOT MARA COIN MSTR
Increasing unusual call option volume: TIGR GNS GSAT DNA BBY RH INDA JXN BIG
Increasing unusual put option volume: RUM GSAT BIG BSX BBY PCAR
Active options: NVDA TSLA AMD AAPL AMZN META MSFT GOOGL NFLX GOOG
