Mid-session IV Report June 2, 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: VZ T TMUS ISEE
Popular stocks increasing volume: PLTR BABA LULU BAC NFLX SOFI T SNOW CNVA DIS
“The Magnificent Seven.” option implied volatility
Apple (AAPL) 30-day option implied volatility is at 22; compared to its 52-week range of 19 to 45 into WWDC on June 5, 2023.
Microsoft (MSFT) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 43.
Alphabet (GOOGL) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 47. Call put ratio 4.2 calls to 1 put.
Meta Platforms (META) 30-day option implied volatility is at 32; compared to its 52-week range of 30 to 78.
NVIDIA (NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 41 to 68.
Tesla (TSLA) 30-day option implied volatility is at 52; compared to its 52-week range of 44 to 96.
Amazon (AMZN) 30-day option implied volatility is at 30; compared to its 52-week range of 29 to 61 as shares rally 2%.
T VZ TMUS option IV up
AT&T (T) 30-day option implied volatility is at 29; compared to its 52-week range of 18 to 36 amid wide price movement.
Verizon (VZ) 30-day option implied volatility is at 25; compared to its 52-week range of 17 to 36.
T-Mobile (TMUS) 30-day option implied volatility is at 29; compared to its 52-week range of 17 to 41.
Charter Communications (CHTR) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 54.
Comcast (CMCSA) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 47.
DISH Network (DISH) 30-day option implied volatility is at 93; compared to its 52-week range of 48 to 123.
Movers
United States Oil Fund (USO) 30-day option implied volatility is at 38; compared to its 52-week range of 30 to 52 into OPEC+ meeting on June 4. Call put ratio 2.2 calls to 1 put.
DuPont (DD) 30-day option implied volatility is at 28; compared to its 52-week range of 23 to 45. Call put ratio 5 calls to 1 put as shares rally 6%
NVIDIA (NVDA) 30-day option implied volatility at 45; compared to its 52-week range of 40 to 68.
Walmart (WMT) 30-day option implied volatility at 15; compared to its 52-week range of 15 to 32 amid shareholder meeting.
Palantir (PLTR) 30-day option implied volatility at 70; compared to its 52-week range of 48 to 84.
Carvana Co. (CVNA) 30-day option implied volatility is at 142; compared to its 52-week range of 112 to 267.
Option IV into quarter results
J. M. Smucker (SJM) June option implied volatility is at 30, July is at 20; compared to its 52-week range of 15 to 64 into the expected release of quarter results before the bell on June 6.
Ciena (CIEN) June option implied volatility is at 65, July is at 40; compared to its 52-week range of 24 to 87 into the expected release of quarter results after the bell on June 6.
Cracker Barrel (CBRL) June option implied volatility is at 45, July is at 36; compared to its 52-week range of 29 to 89 into the expected release of quarter results before the bell on June 6.
Dave & Buster’s Entertainment (PLAY) June call option implied volatility is at 70, July is at 50; compared to its 52-week range of 37 to 100 into the expected release of quarter results after the bell on June 6. Call put ratio 8 calls to 1 put.
Stitch Fix (SFIX) June weekly call option implied volatility is at 167, June is at 145; compared to its 52-week range of 68 to 130 into the expected release of quarter results after the bell on June 6.
Campbell Soup (CPB) June option implied volatility is at , July is at compared to its 52-week range of into the expected release of quarter results before the bell on June 7.
Gamestop (GME) June option implied volatility is at , July is at compared to its 52-week range of into the expected release of quarter results after the bell on June 7.
Options with decreasing option implied volatility: IEP UVIX GPS BIG M PDD CPRI JWN CHWY OKTA VKTX BILI PSTG
Increasing unusual option volume: PATH GES LULU XELA MUX
Increasing unusual call option volume: MUX PATH LULU COHR RSP ICLN BIG AVGO IOT SIX AAP NNOX
Increasing unusual put option volume: CHPT FIVE S
Active options: TSLA AAPL AMZN NVDA AMD GOOGL CHPT MSFT META PLTR BABA GOOG LULU BAC NFLX SOFI T SNOW CNVA DIS
