Mid-session IV Report May 26, 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 FSLY AVGO
Popular stocks increasing options volume: MRVL PLTR COST F AI PDD NIO INTC BABA TLRY
Option IV into Treasury’s June 1 default deadline
SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 31 as shares rally 1%.
PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 19; compared to its 52-week range of 17 to 39 as shares rally 1.7%.
ARK Innovation ETF (ARKK) 30-day option implied volatility is at 39; compared to its 52-week range of 40 to 91 as shares rally 2.8%.
iShares Russell 2000 ETF (IWM) 30-day option implied volatility is at 21; compared to its 52-week range of 19 to 37. Call put ratio 1 call to 3.2 puts as shares rally 1%.
Option IV for Chip Tech
NVIDIA (NVDA) 30-day option implied volatility at 46; compared to its 52-week range of 40 to 75.
Broadcom (AVGO) 30-day option implied volatility is at 40; compared to its 52-week range of 23 to 44 as shares rally 4.5%.
Western Digital (WDC) 30-day option implied volatility is at 40; compared to its 52-week range of 36 to 73.
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 3.6%.
Micron Technology (MU) 30-day option implied volatility is at 43; compared to its 52-week range of 34 to 62 as shares rally 4%.
Taiwan Semi (TSM) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 53.
Marvell Technology (MRVL) 30-day option implied volatility is at 48; compared to its 52-week range of 45 to 73 as shares trade up 26%.
Qualcomm (QCOM) 30-day option implied volatility is at 32; compared to its 52-week range of 29 to 58. Call put ratio 4.3 calls to 1 put.
Applied Materials (AMAT) 30-day option implied volatility is at 35; compared to its 52-week range of 31 to 59.
Intel (INTC) 30-day option implied volatility is at 36; compared to its 52-week range of 27 to 59.
Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 49 as shares rally 2.9%.
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. Call put ratio 2.2 calls to 1 put.
Option IV into quarter results
HP (HPQ) June call option implied volatility is at 47, July is at 44; compared to its 52-week range of 24 to 50 into the expected release of quarter results after the bell on May 30.
Hewlett Packard (HPE) June call option implied volatility is at 43, July is at 30; compared to its 52-week range of 20 to 82 into the expected release of quarter results after the bell on May 30. Call put ratio 7.6 calls to 1 put.
U-Haul Holding (UHAL) Call put ratio 4 calls to 1 put into the expected release of quarter results after the bell on May 30.
Box (BOX) June call option implied volatility is at 43, July is at 33; compared to its 52-week range of 28 to 88 into the expected release of quarter results after the bell on May 30.
Salesforce (CRM) June weekly call option implied volatility is at 72, June is at 48; compared to its 52-week range of 26 to 54 into the expected release of quarter results after the bell on May 31.
Icahn Enterprises L.P. (IEP) June weekly call option implied volatility is at 187, June is at 175; compared to its 52-week range of 7 to 158.
Options with decreasing option implied volatility: SQM BE FRO WOLF PRU PACW BURL KSS ZM APPS VFC PATH PDD CFLT DKS PANW SPLK AEO
Increasing unusual option volume: FYBR SIMO LHX MRVL MPWR IEP WDAY LXRX ULTA VMW MQ ANF
Increasing unusual call volume: VMW FYBR SIMO MRVL ULTA WDAY ADSK IEP AMRS GERN DBI ANF GPS AVGO
Increasing unusual put volume: VMW MQ SIMO ERIC DM IEP VSCO YPF WDAY
Active options: TSLA AMZN NVDA AMD MRVL AAPL MSFT PLTR COST GOOGL F AI META NFLX GOOG PDD NIO INTC BABA TLRY
