Mid-session IV Report May 22, 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: MRSN IONQ IMGN SGEN
Popular stocks increasing options volume: MU NIO PLTR SHOP NFLX BABA DKNG PLUG DIS AMC
Movers
Pfizer (PFE) May weekly call option implied volatility is at 34, June is at 23; compared to its 52-week range of 19 to 36. Call put ratio 9.5 calls to 1 put as shares rally 4%.
Novo Nordisk (NVO) May weekly call option implied volatility is at 40, June is at 26; compared to its 52-week range of 19 to 36. Call put ratio 1 call to 1.3 puts as shares sell off 1%.
JPMorgan (JPM) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 44 amid investor day.
Ford (F) 30-day option implied volatility is at 32 as shares sell off 1.5% amid capital market day.
Micron Technology (MU) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 62 as shares sell off 3.4% amid reports of China restrictions.
Carvana Co. (CVNA) 30-day option implied volatility is at 129; compared to its 52-week range of 112 to 267. Call put ratio 3 calls to 1 put as shares rally 5.6%.
Option IV into quarter results
Zoom Video (ZM) May weekly call option implied volatility is at 138, June is at 69; compared to its 52-week range of 43 to 115 into the expected release of quarter results today after the bell.
Lowes (LOW) May weekly call option implied volatility is at 54, June is at 31; compared to its 52-week range of 22 to 44 into the expected release of quarter results before the bell on May 23.
Intuit (INTU) May weekly call option implied volatility is at 59, June is at 35; compared to its 52-week range of 29 to 59 into the expected release of quarter results after the bell on May 23.
Palo Alto Networks (PANW) May weekly call option implied volatility is at 93, June is at 45; compared to its 52-week range of 28 to 56 into the expected release of quarter results after the bell on May 23.
AutoZone (AZO) May weekly call option implied volatility is at 49, June is at 25; compared to its 52-week range of 19 to 50 into the expected release of quarter results before the bell on May 23.
Agilent (A) June call option implied volatility is at 33, July is at 28; compared to its 52-week range of 24 to 80 into the expected release of quarter results after the bell on May 23.
Dicks Sporting Goods (DKS) May weekly call option implied volatility is at 101, June is at 51; compared to its 52-week range of 30 to 86 into the expected release of quarter results before the bell on May 23.
Vipshop (VIPS) June call option implied volatility is at 68, July is at 55; compared to its 52-week range of 42 to 76 into the expected release of quarter results before the bell on May 23.
Williams Sonoma (WSM) May weekly call option implied volatility is at 96, June is at 50; compared to its 52-week range of 31 to 97 into the expected release of quarter results before the bell on May 23.
Toll Brothers (TOL) May weekly call option implied volatility is at 60, June is at 36; compared to its 52-week range of 27 to 63 into the expected release of quarter results after the bell on May 23.
Urban Outfitters (URBN) May weekly call option implied volatility is at 123, June is at 60; compared to its 52-week range of 37 to 90 into the expected release of quarter results after the bell on May 23.
NVIDIA (NVDA) May weekly call option implied volatility is at 81, June is at 49; compared to its 52-week range of 18 to 36 into the expected release of quarter results after the bell on May 24.
Snowflake (SNOW) May weekly call option implied volatility is at 109, June is at 61; compared to its 52-week range of 49 to 114 into the expected release of quarter results after the bell on May 24.
Kohl’s (KSS) May weekly call option implied volatility is at 157, June is at 86; compared to its 52-week range of 44 to 112 into the expected release of quarter results before the bell on May 24.
Lithium stocks option IV amid ExxonMobil is said to have spent more than $100M on 120,000 gross acres, which is relatively small for a company its size.
Albemarle (ALB) 30-day option implied volatility is at 40; compared to its 52-week range of 39 to 95 as shares rally 1%. Call put ratio 1 call to 3.2 puts.
Livent Corporation (LTHM) 30-day option implied volatility is at 47; compared to its 52-week range 46 to 122. Call put ratio 3.8 calls to 1 put as shares sell off 1.8%.
Sociedad Quimica y Minera de Chile (SQM) 30-day option implied volatility is at 37; compared to its 52-week range of 36 to 257.
Lithium Americas Corp (LAC) 30-day option implied volatility is at 48; compared to its 52-week range of 49 to 127. Call put ratio 3.2 calls to 1 put as shares sell off 1.3%.
Options with decreasing option implied volatility: XP SE TTWO TGT FL ROST TME CSCO VKTX CTLT IEP STNE ONON BBWI ROST
Increasing unusual option volume: IONQ RAIN SDGR NNOX BALL AMTX MODG ABCL ABEV NGG
Increasing unusual call volume: NNOX IONQ SDGR MODG SRG ITUB AMTX KC URTY FL
Increasing unusual put volume: FL BAX FL ICPT BBY AEO VFC
Active options: TSLA META GOOGL AAPL AMZN NVDA AMD MU NIO MSFT GOOG PLTR SHOP NFLX BABA DKNG PLUG DIS AMC ZIM
