Mid-session IV Report April 19, 2021

Mid-session IV Report April 19, 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: CLOV QS RBLX TGT SOAC NFLX CRON TSLA

Popular stocks with increasing volume: BABA DIS FB VIAC PLTR PTON MRNA BA

Tesla (TSLA) April weekly call option implied volatility is at 85, May is at 71; compared to its 52-week range of as shares sell off 55 to 129. Call put ratio 1.1 calls to 1 put as shares sell off 5%.

Pelton (PTON) April weekly call option implied volatility is at 72, May is at 69; compared to its 52-week range of as shares sell off 59 to 148. Call put ratio 1 call to 2.3 puts as shares sell off 8.6%.

ARK IV amid wide price movement

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 43; compared to its 52-week range of 33 to 71. Call put ratio 1 call to 3.3 puts with focus on April weekly (30) 114 puts.

ARK Next Generation (ARKW) 30-day option implied volatility is at 37; compared to its 52-week range of 31 to 67.

ARK Autonomous Technology and Robotics (ARKQ) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 81.

ARK Fintech Innovation (ARKF) 30-day option implied volatility is at 36; compared to its 52-week range of 30 to 107. Call put ratio 4.2 calls to 1 put as shares down 1.4%.

ARK Genomic Revolution (ARKG) 30-day option implied volatility is at 42; compared to its 52-week range of 33 to 70. Call put ratio 3 calls to 1 put as shares down 4%.

IV into quarter results and outlook

IBM (IBM) April weekly call option implied volatility is at 55, May is at 26; compared to its 52-week range of 21 to 55 into the expected release quarter results today.

United Airlines (UAL) April weekly call option implied volatility is at 60, May is at 46; compared to its 52-week range of 49 to 137 into the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put.

Netflix (NFLX) April weekly call option implied volatility is at 82, May is at 40; compared to its 52-week range of 33 to 76 into the expected release of quarter results after the bell on April 20.

Abbott Labs (ABT) April weekly call option implied volatility is at 22, May is at 20; compared to its 52-week range of 21 to 44 into the expected release of quarter results before the bell on April 20.

AutoNation (AN) April weekly call option implied volatility is at 35, May is at 34; compared to its 52-week range of 36 to 82 into the expected release of quarter results before the bell on April 20.

CSX (CSX) April weekly call option implied volatility is at 44, May is at 25; compared to its 52-week range of 24 to 54 into the expected release of quarter results after the bell on April 20.

KeyCorp (KEY) April weekly call option implied volatility is at 36, May is at 28; compared to its 52-week range of 32 to 78 into the expected release of quarter results before the bell on April 20. Call put ratio 7.5 calls to 1 put with focus on June 22 calls.

Las Vegas Sands (LVS) April weekly call option implied volatility is at 62, May is at 39; compared to its 52-week range of 39 to 93 into the expected release of quarter results after the bell on April 20.

Johnson & Johnson (JNJ) April weekly call option implied volatility is at 25, May is at 17; compared to its 52-week range of 16 to 37 into the expected release of quarter results before the bell on April 20.

Lockheed Martin (LMT) April weekly call option implied volatility is at 30, May is at 19; compared to its 52-week range of 18 to 48 into the expected release of quarter results before the bell on April 20.

Tenet Healthcare (THC) April weekly call option implied volatility is at 79, May is at 42; compared to its 52-week range of 39 to 117 into the expected release of quarter results after the bell on April 20.

Travelers Companies (TRV) May call option implied volatility is at 23, June is at 20; compared to its 52-week range of 23 to 56 into the expected release of quarter results before the bell on April 20.

Increasing unusual option volume: CSTM PRCH INDA CLOV HOG
Increasing unusual call option volume: PRCH CSTM CLOV HOG LFMD DB
Increasing unusual put option volume: INDA CL XLY CPRI ASHR QELL BE GIK CHTR
Options with decreasing option implied: VTRS HOL BBBY RAD XME
Active options: AAPL TSLA CLOV SNDL NIO PLTR AMD AMZN AMC WFC RIOT VIAC MSFT GME PTON X BABA DIS MARA FB