Mid-session IV Report June 5, 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: WBA UCAR CIEN CXM EPAM XELA SGEN
Popular stocks increasing volume: MS PLTR SOFI MARA OXY BAC AFRM GME
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. Call put ratio 2.7 calls to 1 put.
Tesla (TSLA) 30-day option implied volatility is at 5; compared to its 52-week range of 44 t3o 96 as shares near eight-month high.
NVIDIA (NVDA) 30-day option implied volatility at 43; compared to its 52-week range of 40 to 68 as shares pull back 1%.
United States Oil Fund (USO) 30-day option implied volatility is at 36; compared to its 52-week range of 30 to 52 after OPEC+ meeting. Call put ratio 4.5 calls to 1 put as WTI crude trades $72.50.
SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility at 37; compared to its 52-week range of 21 to 81.
Merck (MRK) 30-day option implied volatility at 21; compared to its 52-week range of 18 to 29 into hosting an Oncology Investor Event at ASCO Annual meeting today after the bell.
Option IV into quarter results
J. M. Smucker (SJM) June option implied volatility is at 35, July is at 22; 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 82, July is at 46; 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 54, July is at 38; 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 85, 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.
Stitch Fix (SFIX) June weekly call option implied volatility is at 215 June is at 155; 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 43, July is at 30; compared to its 52-week range of 16 to 31 into the expected release of quarter results before the bell on June 7.
GameStop (GME) June option implied volatility is at 188, July is at 123; compared to its 52-week range of 56 to 141 into the expected release of quarter results after the bell on June 7. Call put ratio 4 calls to 1 put.
Options with decreasing option implied volatility: DPST IEP AI UVIX IOVA PSTG JWN CPRI M CHWY OKTA BILI IOT VKTX WAL AVGO LULU ASAN CRWD
Increasing unusual option volume: ISEE UDN PL CIEN URA ETRN RSP SABR NNOX FGEN REAL VUZI RYAM
Increasing unusual call option volume: RSP VUZI FGEN REAL NNOX ETRN ISEE HCP COHR CIEN PL DBRG
Increasing unusual put option volume: ETRN SABR GTLB CELH NNOX GSAT URA AAP VIPS FREY
Active options: TSLA AAPL AMZN NVDA SOFI AMD PLTR GOOGL CHPT META F MS MSFT AMC NIO MARA OXY BAC AFRM GME
