Mid-session IV Report February 3, 2023
The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option
Option IV increases: SI CVNA AI JWN APLS TGT BTI AMC JWN AI BBAI
Popular stocks with increasing volume: COIN AMC SOFI CVNA GME T PLTR SBUX SNAP
Tesla (TSLA) 30-day option implied volatility is at 75; compared to its 52-week range of 49 to 96. Call put ratio 2 calls put 1 as shares rally 4.7%.
Meta Platforms (META) February weekly (10) call option implied volatility is at 50, February is at 48; compared to its 52-week range of 37 to 79. Call put ratio 1.7 calls to 1 put as shares rally 2%.
Amazon (AMZN) February weekly (10) call option implied volatility is at 46, February is at 45; compared to its 52-week range of 29 to 61. Call put ratio 1.9 calls to 1 put amid FTC preparing potential antitrust suit against Amazon, WSJ reports.
ARK Innovation ETF (ARKK) 30-day option implied volatility is at 52; compared to its 52-week range of 18 to 91. Call put ratio 1 call to 1.8 puts after 2023 rally.
Option IV into quarter results
Activision Blizzard (ATVI) February weekly call option implied volatility is at 52, February is at 53; compared to its 52-week range of 9 to 46 into the expected release of quarter results after the bell of February 6. Call put ratio 1 call to 3.1 puts.
Simon Property (SPG) February call option implied volatility is at 33, March is at 29; compared to its 52-week range of 27 to 270 into the expected release of quarter results after the bell of February 6.
On Semiconductor (ON) February weekly call option implied volatility is at 86, February is at 75; compared to its 52-week range of 45 to 74 into the expected release of quarter results before the bell of February 6.
Tyson Foods (TSN) February call option implied volatility is at 38, March is at 29; compared to its 52-week range of 18 to 71 into the expected release of quarter results before the bell of February 6. Call put ratio 1 call to 3.5 puts.
Take Two (TTWO) February weekly call option implied volatility is at 79, February is at 61; compared to its 52-week range of 32 to 59 into the expected release of quarter results after the bell of February 6.
Skyworks (SWKS) February weekly call option implied volatility is at 55, February is at 49; compared to its 52-week range of 32 to 56 into the expected release of quarter results after the bell of February 6.
Pinterest (PINS) February weekly call option implied volatility is at 114, February is at 89; compared to its 52-week range of 52 to 114 into the expected release of quarter results after the bell of February 6.
Chegg (CHGG) February call option implied volatility is at 102, March is at 70; compared to its 52-week range of 45 to 131 into the expected release of quarter results after the bell of February 6. Call put ratio 5.5 calls to 1 put.
Spirit Airlines (SAVE) February weekly call option implied volatility is at 43, February is at 44; compared to its 52-week range of 23 to 108 into the expected release of quarter results after the bell of February 6. Call put ratio 2.1 calls to 1 put.
Chipotle (CMG) February weekly call option implied volatility is at 62, February is at 48; compared to its 52-week range of 27 to 55 into the expected release of quarter results after the bell of February 7.
Walt Disney (DIS) February weekly call option implied volatility is at 57, February is at 45; compared to its 52-week range of 25 to 57 into the expected release of quarter results after the bell of February 8.
Ad-tech stocks option IV following ad results from Google
Cardlytics (CDLX) 30-day option implied volatility is at 71; compared to its 52-week range of 60 to 206.
Viant Technology Inc. (DSP) 30-day option implied volatility is at 76; compared to its 52-week range of 39 to 148.
Magnite (MGNI) 30-day option implied volatility is at 80; compared to its 52-week range of 64 to 140.
The Trade Desk Inc. (TTD) 30-day option implied volatility is at 75; compared to its 52-week range of 60 to 126.
VIZIO Holding Corp. (VZIO) 30-day option implied volatility is at 59; compared to its 52-week range of 54 to 107.
Movers
BigBear.ai (BBAI) 30-day option implied volatility is at 172; compared to its 52-week range of 35 to 538. Call put ratio 27 calls to 1 put as shares rally 35%.
World Wrestling Entertainment (WWE) 30-day option implied volatility is at 29; compared to its 52-week range of 27 to 78. Call put ratio 1 call to 2.6 puts as shares rally 4%.
Endeavor Group Holdings Inc. (EDR) 30-day option implied volatility is at 40; compared to its 52-week range of 35 to 85.
Options with decreasing option implied volatility: LCID SNAP BILL TEAM PTON ALGN SPOT GOOS HUM HOG META UPS EA SBUX EA EW TMUS AMGN
Increasing unusual option volume: BBAI BKLN XM AI GEN WWE SKX DVY CLFD BILL TMC JWN
Increasing unusual call volume: BBAI AI XM ITB CG GLNG JWN BILL HTZ TMC COMM EXK COMM BHC CLX
Increasing unusual put option volume: BKLN SKX IMGN AI BJ SH BILL APPH SMMT JWN SPR HRL BAX TSN
Active options: TSLA AAPL AMZN META F GOOGL NVDA GOOG AMD MSFT COIN AMC SOFI CVNA GME T PLTR SBUX NFLX SNAP
