Mid-session IV Report May 25, 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 KMX DWAC FDX CAN PEP NANOS SMCI VRT PLTR SNPS AMD TSM ADI CDNS NANOS
Popular stocks increasing options volume: PLTR AI SNOW MU TSM INTC UPST NIO BABA PYPL
Option IV amid debt ceiling deal headlines with seven days until the default deadline
SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 31 amid debt ceiling deal headlines.
PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 20; compared to its 52-week range of 17 to 39 with seven days until the debt ceiling default deadline.
iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 37 amid debt ceiling deal headlines.
Nvidia (NVDA) option IV amid shares up 25%
Nvidia (NVDA) 30-day option implied volatility is at 50; compared to its 52-week range of 41 to 74 after better than expected quarter results and guidance raise. Call put ratio 1.5 calls to 1 put as shares rally 25%.
Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility is at 50; compared to its 52-week range of 40 to 69 as shares rally 9.4%.
Palantir (PLTR) 30-day option implied volatility is at 69; compared to its 52-week range of 48 to 84. Call put ratio 3.2 calls to 1 put as shares rally 1.4%.
C3 AI (AI) 30-day option implied volatility is at 118; compared to its 52-week range of 54 to 181. Call put ratio 3.8 calls to 1 put.
Cadence Design Systems (CDNS) design 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 83 as shares rally 7%. Call put ratio 4.8 calls to 1 put with focus on January calls.
ARK Next Generation (ARKW) 30-day option implied volatility is at 39; compared to its 52-week range of 34 to 111.
Option IV amid Dish (DISH) in discussions to sell wireless plans via Amazon (AMZN), WSJ reports
T-Mobile (TMUS) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 41 as shares sell off 2%.
AT&T (T) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 36 as shares sell off 3.6%.
Verizon Communications (VZ) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 36 as shares sell off 2.8%.
Comcast (CMCSA) 30-day option implied is at 25; compared to its 52-week range of 19 to 47.
Charter Communications (CHTR) 30-day option implied volatility is at 31; compared to its 52-week range of 28 to 54.
Walt Disney (DIS) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 49 as shares near three-year low.
Option IV into quarter results
Costco (COST) May weekly call option implied volatility is at 72, June is at 27; compared to its 52-week range of 19 to 49 into the expected release of quarter results today after the bell.
Workday (WDAY) May weekly call option implied volatility is at 141, June is at 46; compared to its 52-week range of 30 to 69 into the expected release of quarter results today after the bell.
Marvell (MRVL) May weekly call option implied volatility is at 188, June is at 60; compared to its 52-week range of 45 to 75 into the expected release of quarter results today after the bell.
Gap (GPS) May weekly call option implied volatility is at 320, June is at 98; compared to its 52-week range of 43 to 102 into the expected release of quarter results today after the bell.
Booz Allen (BAH) June call option implied volatility is at 39, July is at 27; compared to its 52-week range of 17 to 83 into the expected release of quarter results before the bell on May 26.
Buckle (BKE) June call option implied volatility is at 45, July is at 40; compared to its 52-week range of 31 to 550 into the expected release of quarter results before the bell on May 26.
Apple (AAPL) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 45 into Apple WWDC 2023 on June 5.
Movers
Target (TGT) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 52 as shares near 33-month low.
Icahn Enterprises L.P. (IEP) June weekly call option implied volatility is at 214, June is at 179; compared to its 52-week range of 7 to 129 as shares sell off 21%.
Options with decreasing option implied volatility: PACW SQM ZM CTLT KSS PATH BHC BURL DKS FL PANW ROST TSN
Increasing unusual option volume: SNPS MPWR VRT IAU TER DXC DBD IEP CPNG SIMO
Increasing unusual call volume: DM ANET IAU TER CPNG AKBA SNPS PSTG LC ANF IEP
Increasing unusual put volume: ELF IEP AEO SIMO NTNX DLTR ANF APPS
Active options: NVDA AMD TSLA PLTR GOOGL AMZN AAPL MSFT META AI GOOG SNOW MU TSM INTC UPST NFLX NIO BABA PYPL
