Mid-session IV Report April 20, 2022

Mid-session IV Report April 20, 2022

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: SNAP FB SPOT PARA DIS

Popular stocks with increasing volume: WMT TWTR IBM MU PYPL AAL

Options IV Movement after Netflix (NFLX) results

Netflix (NFLX) April weekly call option implied volatility is at 138, May is at 67; compared to its 52-week range of 21 to 59 after Netflix subscriber guidance misses and reports Q1 subscriber losses. Call put ratio 1 call to 1.1 puts.

Comcast (CMCSA) 30-day option implied volatility is at 29; compared to its 52-week range of 18 to 41. Call put ratio 3.4 calls to 1 put as shares sell off 1.3%.

Disney (DIS) 30-day option implied volatility is at 39; compared to its 52-week range of 21 to 45 after Netflix (NFLX) results. Call put ratio 1.9 calls to 1 put as shares sell off 4.4%.

Paramount (PARA) 30-day option implied volatility is at 52; compared to its 52-week range of 32 to 63 after Netflix (NFLX) results. Call put ratio 1.1 calls to 1 put as shares sell off 11%.

Warner Bros. Discovery (WBD) 30-day option implied volatility is at 54; compared to its 52-week range of 38 to 113. Call put ratio 2.5 calls to 1 put as shares sell off 6%.

Roku (ROKU) 30-day option implied volatility is at 97; compared to its 52-week range of 43 to 109 after Netflix (NFLX) results. Call put ratio 1 call to 1.6 puts as shares sell off 7.2%

DISH Network (DISH) 30-day option implied volatility is at 54; compared to its 52-week range of 32 to 56. Call put ratio 1 call to 1.2 puts as shares sell off 1.9%.

Spotify (SPOT) 30-day option implied volatility is at 72; compared to its 52-week range of 34 to 77 after Netflix (NFLX) results. Call put ratio 1 call to 1 put as shares sell off 6.7%.

Amazon (AMZN) 30-day option implied volatility is at 40; compared to its 52-week range of 19 to 54 after Netflix (NFLX) results.

Meta Platforms (FB) 30-day option implied volatility is at 54; compared to its 52-week range of 21 to 52,

Apple (AAPL) 30-day option implied volatility is at 30; compared to its 52-week range of 19 to 41 after Netflix (NFLX) results.

Google (GOOGL) 30-day option implied volatility is at 35; compared to its 52-week range of 18 to 41.

Microsoft (MSFT) 30-day option implied volatility is at 16; compared to its 52-week range of 16 to 46 after Netflix (NFLX) results. Call put ratio 1.4 calls to 1 put as shares rally 1%.

Twitter (TWTR) April weekly call option implied volatility is at 117, May is at 83; compared to its 52-week range of 32 to 81. Call put ratio 1.5 calls to 1 put as shares sell off 0.5%.

Option IV into quarter results

Alcoa (AA) April weekly call option implied volatility is at 116, May is at 67; compared to its 52-week range of 49 to 82into the expected release of quarter results today after the bell. Call put ratio 1.4 calls to 1 put.

Tesla (TSLA) April weekly call option implied volatility is at 113, May is at 60; compared to its 52-week range of 36 to 84 into the expected release of quarter results today after the bell. Call put ratio 1.1 calls to 1 put.

American Airlines (AAL) April weekly call option implied volatility is at 94, May is at 56; compared to its 52-week range of 39 to 87 into the expected release of quarter results before the bell on April 21. Call put ratio 3.8 calls to 1 put.

AT&T (T) April weekly call option implied volatility is at 37, May is at 25; compared to its 52-week range of 15 to 33 into the expected release of quarter results before the bell on April 21. Call put ratio 2.3 calls to 1 put.

AutoNation (AN) May call option implied volatility is at 48, June is at 31; compared to its 52-week range of 32 to 105 into the expected release of quarter results before the bell on April 21. Call put ratio 1.1 calls to 1 put.

Blackstone (BX) April weekly call option implied volatility is at 72, May is at 40; compared to its 52-week range of 21 to 57 into the expected release of quarter results before the bell on April 21. Call put ratio 2 calls to 1 put as shares rally 3.9%.

Boston Beer (SAM) April call option implied volatility is at 58, June is at 51; compared to its 52-week range of 33 to 123 into the expected release of quarter results after the bell on April 21. Call put ratio 1.9 calls to 1 put.

Freeport McMoRan (FCX) May call option implied volatility is at 77, May is at 50; compared to its 52-week range of 41 to 61 into the expected release of quarter results before the bell on April 21.

Nucor (NUE) April weekly call option implied volatility is at 70, May is at 48; compared to its 52-week range of 31 to 59 into the expected release of quarter results before the bell on April 21.

Snap (SNAP) April weekly call option implied volatility is at 328, May is at 108; compared to its 52-week range of 43 to 122 into the expected release of quarter results after the bell on April 21. Call put ratio 1.1 calls to 1 put.

Union Pacific (UNP) April weekly call option implied volatility is at 48, May is at 28; compared to its 52-week range of 18 to 33 into the expected release of quarter results on April 21. Call put ratio 4.6 calls to 1 put as shares rally 0.8%.

American Express (AXP) April weekly call option implied volatility is at 62, May is at 33; compared to its 52-week range of 21 to 48 into the expected release of quarter results before the bell on April 22.

Cleveland Cliffs (CLF) April weekly call option implied volatility is at 118, May is at 65; compared to its 52-week range of 49 to 113 into the expected release of quarter results before the bell on April 22. Call put ratio 1.7 calls to 1 put.

Verizon (VZ) April weekly call option implied volatility is at 32, May is at 19; compared to its 52-week range of 12 to 25 into the expected release of quarter results before the bell on April 22. Call put ratio 2.2 calls to 1 put as shares rally 0.7%.

Digital World Acquisition Corp (DWAC) call put ratio 1 call to 2.3 puts as shares pull back 6%.

Options with decreasing option implied volatility: BCTX TGTX SST RAD C CFG BAC
Increasing unusual option volume: IO ARCT BLND VERU SEV ATER WWR
Increasing unusual call option volume: ARCT IO RAD SEV ATER WWR VERU ULCC
Increasing unusual put option volume: HL ATER BKR KEY NFLX XLRE
Active options: NFLX AAPL BAC NVDA TSLA FB DIS AMD AMC WMT TWTR MSFT F IBM MU PYPL NIO BABA AAL PLUG