Mid-session IV Report September 6, 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: MSOS FFIE AUPH SSYS STZ K NXGN MITK LMT NANOS
Popular stocks with increasing volume: ROKU SNAP AI PFE PLTR CNC MO
GM, F STLA option IV steady amid contract headlines
General Motors (GM) 30-day option implied volatility is at 31; compared to its 52-week range of 27 to 60 into their current union contracts end on September 14.
Ford (F) 30-day option implied volatility is at 28; compared to its 52-week range of 27 to 588. Call put ratio 2.9 calls to 1 put.
Stellantis (STLA) 30-day option implied volatility is at 28; compared to its 52-week range of 23 to 423. Call put ratio 1 call to 4.2 puts.
Option IV into quarter results
Gamestop (GME) September weekly call option implied volatility is at 208, September is at 133; compared to its 52-week range of 53 to 133 into the expected release of quarter results today after the bell.
C3.ai (AI) September weekly call option implied volatility is at 235, September is at 133; compared to its 52-week range of 54 to 223 into the expected release of quarter results today after the bell. Call put ratio 2.6 calls to 1 put.
American Eagle (AEO) September call option implied volatility is at 118, September is at 63; compared to its 52-week range of 35 to 524 into the expected release of quarter results today after the bell.
Chargepoint Holdings Inc. (CHPT) September call option implied volatility is at 200, September is at 128; compared to its 52-week range of into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put with focus on September weekly (8) calls.
Movers
Walt Disney (DIS) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 49. Call put ratio 1.7 call to 1 put as share price near nine-year low.
Charter Communications (CHTR) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 54 as share price up 2.4%.
Coinbase (COIN) 30-day option implied volatility is at 63; compared to its 52-week range of 62 to 137.
Manchester United plc (MANU) 30-day option implied volatility is at 77; compared to its 52-week range of 32 to 139. Call put ratio 1.1 calls to 1 put.
AdvisorShares Pure US Cannabis ETF (MSOS) 30-day option implied volatility is at 122; compared to its 52-week range of 54 to 162. Call put ratio 1.4 calls to 1 put on 52K contracts.
Options with decreasing option implied volatility: CHWY IOT OKTA HCP MDB VKTX PSTG S NTNX
Increasing unusual option volume: MSOS ICLN HSBC AVAV CNC NAT GTLB
Increasing unusual call option volume: ZS TIGR GTLB EC PLBY EXPR UPWK CIFR CGC
Increasing unusual put option volume: NAT HSBC CNC MSOS CIEN JETS NTNX
Active options: TSLA AAPL AMC ROKU NVDA META AMD AMZN ZS CGC SNAP GOOGL MSFT AI PFE GOOG PLTR CNC MO GTLB
