Mid-session IV Report April 2, 2020

Mid-session IV Report April 2, 2020

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: FCAU LK GPS APT FSX SPR IRBT BAX

Popular options with increasing volume: F AMRN XOM ZM CCL

Luckin Coffee (LK) 30-day option implied volatility is at 167; compared to its 52-week range of 53 to 188 after company says COO Jian Liu, several employees engaged in misconduct.

Starbucks (SBUX) 30-day option implied volatility is at 69; compared to its 52-week range of 15 to 109 after Chinese competitor Luckin Coffee (LK) announced its prior guidance is unreliable and prompts an investigation of its financial reports. Call put ratio 1 call to 1.7 puts.

Zoom (ZM) 30-day option implied volatility is at 105; compared to its 52-week range of 35 to 136 as shares sell off 7%. Call put ratio 1 call to 1.1 puts.

Energy stock option implied volatility after Reuters reported Trump says Saudis and Russians to cut output.

Apache Corp. (APA) 30-day option implied volatility is at 225; compared to its 52-week range of 34 to 244 after Reuters reported Trump says Saudis and Russians to cut output. Call put ratio 6.1 calls to 1 put.

Noble Energy (NBL) 30-day option implied volatility is at 133; compared to its 52-week range of 33 to 249. Call put ratio 6 calls to 1 put.

Murphy Oil (MUR) 30-day option implied volatility is at 151; compared to its 52-week range of 35 to 230.

Halliburton (HAL) 30-day option implied volatility is at 151; compared to its 52-week range of 29 to 224. Call put ratio 4.4 calls to 1 put.

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 110; compared to its 52-week range of 25 to 174.

Hess Corp. (HES) 30-day option implied volatility is at 105; compared to its 52-week range of 29 to 171. Call put ratio 1 call to 2.6 puts.

Occidental Petroleum (OXY) 30-day option implied volatility is at 159; compared to its 52-week range of 22 to 201. Call put ratio 3.8 calls to 1 put.

Residential stock option implied volatility amid share prices trading near low end of range

Equity Residential (EQR) 30-day option implied volatility is at 70; compared to its 52-week range of 14 to 91.

Essex Property Trust (ESS) 30-day option implied volatility is at 63; compared to its 52-week range of 15 to 74.

Mid-America Apartment (MAA) 30-day option implied volatility is at 69; compared to its 52-week range of 14 to 90.

NexPoint Residential Trust (NXRT) 30-day option implied volatility is at 73; compared to its 52-week range of 20 to 117.

Preferred Apartment Communities (APTS) 30-day option implied volatility is at 101; compared to its 52-week range of 14 to 131.

China stocks option implied volatility

Alibaba (BABA) 30-day option implied volatility is at 43; compared to its 52-week range of 22 to 64. Call put ratio 1 call to 1.7 puts.

NIO (NIO) 30-day option implied volatility is at 125; compared to its 52-week range of 69 to 223.

Baidu.com (BIDU) 30-day option implied volatility is at 54; compared to its 52-week range of 27 to 80. Call put ratio 8 calls to 1 put with focus on April weekly calls.

JD.com (JD) 30-day option implied volatility is at 51; compared to its 52-week range of 28 to 81. Call put ratio 1.7 calls to 1 put.

Netease (NTES) 30-day option implied volatility is at 50; compared to its 52-week range of 27 to 75.

iQIYI (IQ) 30-day option implied volatility is at 70; compared to its 52-week range of 39 to 109.

Pinduoduo (PDD) 30-day option implied volatility is at 53; compared to its 52-week range of 38 to 79. Call put ratio 1 call to 3 puts with focus on April weekly (3) puts.

Sina Corp (SINA) 30-day option implied volatility is at 50; compared to its 52-week range of 33 to 92.

Sohu.com, Inc. (SOHU) 30-day option implied volatility is at 73; compared to its 52-week range of 43 to 134.

Increasing unusual option volume: BKR CNQ SAN OIL UCO
Increasing unusual call option volume: BKR SNA WUBA UCO
Increasing unusual put option volume: GDS LGIH GDOT CNQ MDP AN
Options with decreasing option implied volatility: ERX AXSM GUSH NUGT TLRY SCO PLAY
Active options: AAPL CCL BAC LK BA AMD TSLA MSFT XOM ZM GE OXY ET UBER NVDA F M AAL AMRN FB