Mid-session IV Report May 23, 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: IEP PLTR NVDA WDAY BBY DLTR
Popular stocks increasing options volume: AVGO ZM PFE NFLX AI BABA CVNA INTC PYPL
IV into events
United States Oil Fund (USO) 30-day option implied volatility is at 33; compared to its 52-week range of 30 to 52 into OPEC Fund Development Forum on June 20, 2023 in Vienna. Call put ratio 4 calls to 1 put as shares rally 1.3%.
Apple (AAPL) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 45 into Apple WWDC 2023 on June 5.
NIO Inc. (NIO) 30-day option implied volatility is at 71; compared to its 52-week range of 63 to 111 into Nio to hold ES6 launch event on May 24.
Thermo Fisher Scientific (TMO) 30-day option implied volatility is at 23; compared to its 52-week range of 22 to 39 into a company hosted investor day on May 24.
Zoetis (ZTS) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 76 into a company hosted investor day on May 25.
Option IV into quarter results
Palo Alto Networks (PANW) May weekly call option implied volatility is at 98, June is at 46; compared to its 52-week range of 28 to 56 into the expected release of quarter results today after the bell.
Toll Brothers (TOL) May weekly call option implied volatility is at 67, June is at 39; compared to its 52-week range of 27 to 63 into the expected release of quarter results today after the bell.
Urban Outfitters (URBN) May weekly call option implied volatility is at 135, June is at 61; compared to its 52-week range of 37 to 90 into the expected release of quarter results today after the bell.
NVIDIA (NVDA) May weekly call option implied volatility is at 93, June is at 51; compared to its 52-week range of 40 to 75 into the expected release of quarter results after the bell on May 24.
Snowflake (SNOW) May weekly call option implied volatility is at 123, June is at 63; 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 167, June is at 87; compared to its 52-week range of 44 to 112 into the expected release of quarter results before the bell on May 24.
Analog Devices (ADI) May weekly call option implied volatility is at 52, June is at 30; compared to its 52-week range of 25 to 43 into the expected release of quarter results before the bell on May 24.
Splunk (SPLK) May weekly call option implied volatility is at 119, June is at 58; compared to its 52-week range of 39 to 85 into the expected release of quarter results after the bell on May 24.
XPeng (XPEV) May weekly call option implied volatility is at 121, June is at 83; compared to its 52-week range of 67 to 127 into the expected release of quarter results before the bell on May 24.
Abercrombie & Fitch (ANF) May weekly call option implied volatility is at 183, June is at 81; compared to its 52-week range of 45 to 97 into the expected release of quarter results before the bell on May 24.
Costco (COST) May weekly call option implied volatility is at 42, June is at 25; compared to its 52-week range of 19 to 49 into the expected release of quarter results after the bell on May 25.
Workday (WDAY) May weekly call option implied volatility is at 82, June is at 40; compared to its 52-week range of 30 to 69 into the expected release of quarter results after the bell on May 25.
Dollar Tree (DLTR) May weekly call option implied volatility is at 84, June is at 37; compared to its 52-week range of 22 to 64 into the expected release of quarter results before the bell on May 25.
Ulta Beauty (ULTA) May weekly call option implied volatility is at 82, June is at 40; compared to its 52-week range of 20 to 61 into the expected release of quarter results after the bell on May 25.
Best Buy (BBY) May weekly call option implied volatility is at 101, June is at 51; compared to its 52-week range of 27 to 88 into the expected release of quarter results before the bell on May 25.
Carvana Co. (CVNA) 30-day option implied volatility is at 135; compared to its 52-week range of 112 to 267 as shares rally 13%.
Options with decreasing option implied volatility: CTLT PACW WAL STNE BBWI ZM TGT ROST TTWO FL HBAN DKS ACI CSCO ISEE DE DB SQM WMT
Increasing unusual option volume: MVST TM URBN AMTX AKBA RAIN GOL ZM PGY DKS PHM TIP DM SDGR RXDX
Increasing unusual call volume: NOG TIP SDGR AMTX MVST AKBA PGY AIG ZM ERJ
Increasing unusual put volume: PERI DM URBN PHM DNA GOTU DKS ZM IOT CAG IONQ
Active options: TSLA AMD PLTR AAPL AMZN ZM UPST MSFT GOOGL NVDA PFE META PACW NFLX AI BABA CVNA INTC GOOG PYPL
