Mid-session IV Report September 19, 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: NFLX VMW ISRG BTWN ATVI
Popular stocks with increasing volume: SOFI CVS SQ PINS PYPL
Retail option IV near low end of range as WMT share price near upper end of range
Target (TGT) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 52. Call put ratio 3.6 calls to 1 put with focus on October weekly (6) call spreaders.
Walmart (WMT) 30-day option implied volatility is at 13; compared to its 52-week range of 12 to 32. Call put ratio 1 call to 4.4 puts with focus on September and October options.
Amazon (AMZN) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 61.
Alibaba (BABA) 30-day option implied volatility is at 34; compared to its 52-week range of 34 to 77.
Macy (M) 30-day option implied volatility is at 40; compared to its 52-week range of 35 to 77.
TJX Cos. (TJX) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 40.
Kohl’s (KSS) 30-day option implied volatility is at 44; compared to its 52-week range of 38 to 80.
Movers
Arm Holdings (ARM) call put ratio 1 call to 2.6 puts with focus on October 50 puts as share price down 5%.
Walt Disney (DIS) 30-day option implied volatility is at 24; compared to its 52-week range of 22 to 49 as share price down 3.6%.
Option IV into quarter results
Steelcase (SCS) October call option implied volatility is at 59, November is at 48; compared to its 52-week range of 22 to 58 into the expected release of quarter results after the bell on September 19.
FedEx (FDX) September weekly call option implied volatility is at 71, October is at 32; compared to its 52-week range of 21 to 46 into the expected release of quarter results after the bell on September 20.
KB Home (KBH) September weekly call option implied volatility is at 89, October is at 46; compared to its 52-week range of 27 to 92 into the expected release of quarter results after the bell on September 20. Call put ratio 1 call to 4.8 puts.
General Mills (GIS) October call option implied volatility is at 25, November is at 24; compared to its 52-week range of 13 to 64 into the expected release of quarter results before the bell on September 20. Call put ratio 2.6 calls to 1 put.
Darden (DRI) October call option implied volatility is at 26, November is at 25; compared to its 52-week range of 16 to 73 into the expected release of quarter results before the bell on September 21. Call put ratio 2.7 calls to 1 put.
Options with decreasing option implied volatility: NVAX AMC AYX ADBE SILJ GEO ARCC RITM LQD MPLX
Increasing unusual option volume: NCR TDS IAU EGO WPC GNW AMPX EQX WRK CBOE
Increasing unusual call option volume: RXT EGO GNW AMPX SFIX ALL SH ACB TM NCR
Increasing unusual put option volume: GES BJ SFIX CBAY PR
Active options: TSLA AAPL AMZN NVDA NIO DIS AMD MSFT NKLA META SOFI CVS ENPH SQ PINS GOOGL AMC NFLX BAC PYPL
