Mid-session IV Report April 15, 2021

Mid-session IV Report April 15, 2021

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information.

Options with increasing option implied volatility: INO WORK RBLX DISH BA INO QS RMO SPCE GSK ANTM KDP

Popular stocks with increasing volume: TSM GME SNAP RIOT

Alcoa (AA) April call option implied volatility is at 125, May is at 55; compared to its 52-week range of 53 to 104 into the expected release of quarter results today after the bell. Call put ratio 10.1 calls to 1 put as shares sell off 2.6%.

Ally Financial (ALLY) April call option implied volatility is at 83, May is at 37; compared to its 52-week range of 35 to 118 into the expected release of quarter results before the bell on April 16. Call put ratio 3.7 calls to 1 put.

Bank of New York (BK) April call option implied volatility is at 71, May is at 24; compared to its 52-week range of 27 to 56 into the expected release of quarter results before the bell on April 16.

Kansas City Southern (KSU) April call option implied volatility is at 21, May is at 14; compared to its 52-week range of 18 to 63 into the expected release of quarter results before the bell on April 16.

Morgan Stanley (MS) April call option implied volatility is at 70, May is at 29; compared to its 52-week range of 30 to 65 into the expected release of quarter results before the bell on April 16.

State Street (STT) April call option implied volatility is at 77, May is at 29; compared to its 52-week range of 30 to 72 into the expected release of quarter results before the bell on April 16.

PNC Financial Services (PNC) April call option implied volatility is at 55, May is at 25; compared to its 52-week range of 26 to 64 into the expected release of quarter results before the bell on April 16. Call put ratio 3.9 calls to 1 put.

Moderna (MRNA) April weekly call option implied volatility is at 70, May is at 67; compared to its 52-week range of 37 to 122 into hosting Moderna Vaccines Day on April 28. Call put ratio 2.7 calls to 1 put as shares rally 1%.

Ford (F) April call option implied volatility is at 34, May is at 48; compared to its 52-week range of 37 to 126 into providing an update on financial impact of chip shortage on April 28.

Apple (AAPL) April call option implied volatility is at 29, May is at 35; compared to its 52-week range of 25 to 62. Call put ratio 3.9 calls to 1 put into Apple event on April 20 and the expected release of quarter results on April 28.

Virgin Galactic Holdings (SPCE) April call option implied volatility is at 104, May is at 87; compared to its 52-week range of 75 to 230 as shares sell off 9.5% amid founder sales.

QuantumScape (QS) April call option implied volatility is at 170, May is at 101; compared to its 52-week range of 76 to 231. Call put ratio 1 call to 1.1 puts.

NVIDIA (NVDA) call put ratio 3.9 calls to 1 put as shares rally 4.3%
AMC Entertainment (AMC) call put ratio 2.1 calls to 1 put with focus on April 10 calls as shares rally 7.3%

Moderna (MRNA) April call option implied volatility is at 70, May is at 65; compared to its 52-week range of 37 to 122 into hosting Moderna Vaccines Day on April 28. Call put ratio 4.5 calls to 1 put after CDC, FDA recently recommend pause in Johnson & Johnson (JNJ) vaccine use as shares rally 3.9%.

Ford (F) April call option implied volatility is at 34, May is at 43; compared to its 52-week range of 37 to 126 into providing an update on financial impact of chip shortage on April 28. Call put ratio 7.1 calls to 1 put with focus on April 12.50 calls.

Apple (AAPL) April call option implied volatility is at 31, May is at 32; compared to its 52-week range of 25 to 62. Call put ratio 4.1 calls to 1 put into Apple event on April 20 and the expected release of quarter results on April 28.

Increasing unusual option volume: IPG XLC INDA NUAN GSK DELL ATUS
Increasing unusual call option volume: GSK NUAN DELL KDP INO NRG KTOS
Increasing unusual put option volume: TBT QS BCRX
Options with decreasing option implied: CLOV GS JPM WFC BHC
Active options: AAPL TSLA BAC NIO PLTR NVDA AMD AMC MSFT FB INO AMZN QS SNAP C RIOT TSM VIAC GME BABA