Mid-session IV Report June 21, 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: SPCE VKTX SNAP NFLX ISRG IBM PM FGEN
Popular stocks increasing volume: NIO PYPL RIVN FDX RIOT PLTR SOFI BABA INTC UBER SPCE COIN
NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 68 as shares pull back 2%.
Amazon (AMZN) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 61 as shares pull back 1%.
UPS (UPS) 30-day option implied volatility is at 20; compared to its 52-week range of 18 to 47 after FedEx (FDX) results.
China EV option IV
NIO Inc. (NIO) 30-day option implied volatility is at 68; compared to its 52-week range of 63 to 111.
Li Auto Inc. (LI) 30-day option implied volatility is at 55; compared to its 52-week range of 48 to 104. Call put ratio 3.3 calls to 1 put as shares rally 4%.
XPeng Inc. (XPEV) 30-day option implied volatility is at 71; compared to its 52-week range of 67 to 127. Call put ratio 4.4 calls to 1 put with focus on June weekly calls.
Kandi Technologies Group (KNDI) 30-day option implied volatility is at 64; compared to its 52-week range of 45 to 105.
Niu Technologies (NIU) 30-day option implied volatility is at 57; compared to its 52-week range of 47 to 91.
Option IV into quarter results
KB Home (KBH) July call option implied volatility is at 44, August is at 39; compared to its 52-week range of 28 to 94 into the expected release of quarter results today after the bell. Call put ratio 2.1 calls to 1 put.
Steelcase (SCS) July call option implied volatility is at 56, August is at 55; compared to its 52-week range of 24 to 58 into the expected release of quarter results today after the bell. Call put ratio 1 call to 5.6 puts.
Accenture (ACN) June weekly call option implied volatility is at 66, July is at 27; compared to its 52-week range of 19 to 37 into the expected release of quarter results before the bell on June 22. Call put ratio 2 calls to 1 put.
Darden (DRI) June weekly call option implied volatility is at 27, July is at 23; compared to its 52-week range of 18 to 79 into the expected release of quarter results before the bell on June 22.
CarMax (KMX) June weekly call option implied volatility is at 144, July is at 52; compared to its 52-week range of 34 to 241 into the expected release of quarter results before the bell on June 23.
Dollar Tree (DLTR) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 52 into investor meeting today.
Equinix (EQIX) 30-day option implied volatility is at 24; compared to its 52-week range of 22 to 61 into hosting a virtual analyst day today.
Intel (INTC) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 59 into hosting an investor webinar today.
Carnival Corp. (CCL) 30-day option implied volatility is at 64; compared to its 52-week range of 47 to 101 into the expected release of quarter results on June 26 and an investor meeting on June 27.
Snowflake (SNOW) 30-day option implied volatility is at 54; compared to its 52-week range of 47 to 91 into Snowflake Summit 2023 live in Las Vegas, Nevada from June 26-29, 2023.
Target (TGT) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 52 into Target Circle Week, July 9-15.
Exact Sciences (EXAS) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 127 after announces results from BLUE-C study.
Options with decreasing option implied volatility: GME ADBE KR FDX LEN ARCC HZNP SH JEPI
Increasing unusual option volume: TMC SSYS PZZA HIVE FDX MQ RVLV SPOT AVTR QURE MHK
Increasing unusual call option volume: HLT SSYS TMC HIVE SPOT CAR QURE FDX MW URNM VRT NKLA
Increasing unusual put option volume: BBIO PZZA LNG FDX RVLV JKS COHR
Active options: TSLA MARA NVDA AAPL NIO AMZN PYPL RIVN AMD FDX RIOT PLTR AMC SOFI BABA INTC UBER MSFT SPCE COIN
