Mid-session IV Report May 23, 2024

Mid-session IV Report May 23, 2024

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Mid-session IV Report May 23, 2024

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: LEG LYV DD KOLD UNG BOIL

Popular stocks with increasing volume: SNOW DELL TSM MU SMCI NIO

Active options: NVDA AMD TSLA AAPL SNOW BABA AMZN SMCI DELL PDD AMC PLTR TSM GME MU MARA ENPH META MSFT NIO

Movers

NVIDIA (NVDA) May weekly call option implied volatility is at 55, June is at 42; compared to its 52-week range of 32 to 68 as share price up 9.4% to a record high after quarter results, outlook, stock split and dividend.

Broadcom (AVGO) May weekly call option implied volatility is at 45, June is at 38; compared to its 52-week range of 25 to 59 as share price up 1.2%.

Dell Technologies (DELL) 30-day option implied volatility is at 60; compared to its 52-week range of 23 to 64. Call put ratio 2.7 calls to 1 put as share price up 6.8%.

Super Micro Computer (SMCI) May weekly call option implied volatility is at 100, June is at 68; compared to its 52-week range of 54 to 118 as share price up 4.6%.

AMD (AMD) 30-day option implied volatility is at 40; compared to its 52-week range of 34 to 59.

Intel (INTC) 30-day option implied volatility is at 31; compared to its 52-week range of 28 to 49. Call put ratio 2.4 calls to 1 put as share price up 2.3%.

Freeport-McMoran (FCX) 30-day option implied volatility is at 34; compared to its 52-week range of 29 to 43. Call put ratio 2 calls to 1 put.

Boeing (BA) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 39. Call put ratio 1.1 calls to 1 put as share price down 2.5%.

Live Nation Entertainment (LYV) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 77 after Justice Department, states to sue Live Nation for antitrust. Call put ratio 1 call to 5.2 puts as share price down 5%.

Option IV into quarter results

Intuit (INTU) May weekly call option implied volatility is at 100, June is at 30; compared to its 52-week range of 21 to 35 into the expected release of quarter results today after the bell.

Workday (WDAY) May weekly call option implied volatility is at 147, June is at 41; compared to its 52-week range of 22 to 52 into the expected release of quarter results today after the bell. Call put ratio 2.4 calls to 1 put.

Ross Store (ROST) May weekly call option implied volatility is at 130, June is at 33; compared to its 52-week range of 15 to 34 into the expected release of quarter results today after the bell.

RH (RH) May weekly call option implied volatility is at 70, June is at 61; compared to its 52-week range of 31 to 73 into the expected release of quarter results today.

The Buckle (BKE) May weekly call option implied volatility is at 37, June is at 30; compared to its 52-week range of 23 to 80 into the expected release of quarter results before the bell on May 24.

Option IV into U.S. House of Representatives crypto bill vote

Coinbase (COIN) 30-day option implied volatility at 74; compared to 52-week range of 59 to 116 into U.S. House of Representatives crypto bill vote.

Robinhood (HOOD) 30-day option implied volatility at 61; compared to 52-week range of 35 to 80 . Call put ratio 6 calls to 1 put with focus on January 30 calls.

Marathon Digital (MARA) 30-day option implied volatility at 99; compared to 52-week range of 89 to 195. Call put ratio 3.2 calls to 1 put with focus on June 17 calls as share price down 5.2%.

MicroStrategy (MSTR) 30-day option implied volatility at 95; compared to 52-week range of 55 to 165.

Riot Platforms (RIOT) 30-day option implied volatility at 89; compared to 52-week range of 80 to 144.

Stronghold Digital (SDIG) 30-day option implied volatility at 115; compared to 52-week range of 20 to 156.

TeraWulf (WULF) 30-day option implied volatility at 115; compared to 52-week range of 91 to 240 into U.S. House of Representatives crypto bill vote. Call put ratio 6.1 calls to 1 put with focus on June 3 calls as share price down 5.5%.

Options with decreasing option implied volatility: OKLO CGC ZIM ELF SMR MNMD RILY NVDL YANG BILI VFC PANW SNOW ZM AVDL TGT BLDR M CPRT INMD IEP BCS
Increasing unusual option volume: FFIE BNED BMBL LBTYA SKIN AX AN SHLS SMMT MGNI
Increasing unusual call option volume: BNED FFIE SMMT KBH PZZA MOD NVD BJ MGNI PDD SPWR FREY IMPP TAN RL VSAT
Increasing unusual put option volume: SHLS BMBL TD BDX FMC BE CTVA RL LYV NANOS MDT ENPH ELF CHGG

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