Mid-session IV Report April 21, 2020

Mid-session IV Report April 21, 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: NFLX SCO AEO NVAX MRNA PAA PDD CMG SNAP

Popular options with increasing volume: XOM BP BYND ROKU WORK DIS ACB C

IV into capital and cash flow outlook

Netflix (NFLX) April weekly call option implied volatility is at 165, May is at 69; compared to its 52-week range of 27 to 98 the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put.

Chipotle Mexican Grill (CMG) April weekly call option implied volatility is at 126, May is at 68; compared to its 52-week range of 19 to 124 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.5 puts.

SNAP (SNAP) April weekly call option implied volatility is at 230, May is at 105; compared to its 52-week range of 38 to 127 into the expected release of quarter results before the bell on April 21. Call put ratio 1.6 calls to 1 put.

Tesla (TSLA) April weekly call option implied volatility is at 105, May is at 104; compared to its 52-week range of 33 to 154 into the expected release of quarter results on April 29.
Texas Instruments (TXN) April weekly call option implied volatility is at 88, May is at 55; compared to its 52-week range of 47 to 95 into the expected release of quarter results today after the bell. Call put ratio 1 call to 2.8 puts with focus on April weekly 104 puts.

Alcoa (AA) April weekly call option implied volatility is at 123, May is at 86; compared to its 52-week range of 33 to 122 into the expected release of quarter results after the bell on April 22.

Allegiant (ALGT) May call option implied volatility is at 113, June is at 89; compared to its 52-week range of 21 to 215 into the expected release of quarter results on April 22.

AT&T (T) April weekly call option implied volatility is at 69, May is at 45; compared to its 52-week range of into 15 to 79 the expected release of quarter results before the bell on April 22.

Biogen (BIIB) April weekly call option implied volatility is at 112, May is at 62; compared to its 52-week range of 25 to 63 into the expected release of quarter results before the bell on April 22.

Delta (DAL) April weekly call option implied volatility is at 130, May is at 102; compared to its 52-week range of 20 to 265 into the expected release of quarter results before the bell on April 22.

Kimberly-Clark (KMB) April weekly call option implied volatility is at 55, May is at 36; compared to its 52-week range of 16 to 90 into the expected release of quarter results before the bell on April 22 Call put ratio 2.8 calls to 1 put.

Lam Research (LRCX) April weekly call option implied volatility is at 118, May is at 72; compared to its 52-week range of 26 to 105 into the expected release of quarter results after the bell on April 22. Call put ratio 5.2 calls to 1 put.

Las Vegas Sands (LVS) April weekly call option implied volatility is at 135, May is at 85; compared to its 52-week range of 84 to 180 into the expected release of quarter results after the bell on April 22. Call put ratio 2.3 calls to 1 put.

Seagate (STX) April weekly call option implied volatility is at 94, May is at 59; compared to its 52-week range of 23 to 90 into the expected release of quarter results on April 22.

Spirit Airlines (SAVE) April weekly call option implied volatility is at 143, May is at 136; compared to its 52-week range of 31 to 370 into the expected release of quarter results on April 22. Call put ratio 1 call to 2.3 puts.

Visa (V) April weekly call option implied volatility is at 60, May is at 53; compared to its 52-week range of 16 to 90 into the expected release of quarter results on April 22.

Xilinx (XLNX) April weekly call option implied volatility is at 71, May is at 54; compared to its 52-week range of 55 to 86 into the expected release of quarter results after the bell on April 22. Call put ratio 2.1 calls to 1 put.

Amazon (AMZN) April weekly call option implied volatility is at 70, May is at 57; compared to its 52-week range of 17 to 69 into the expected release of quarter results on April 23. Call put ratio 2.1 calls to 1 put.

IV amid wide energy price movement after Trump says Treasury, Energy secretaries making plan to support U.S. oil industry

Phillips 66 (PSX) 30-day option implied volatility is at 77; compared to its 52-week range of 17 to 118.

Marathon Petroleum (MPC) 30-day option implied volatility is at 94; compared to its 52-week range of 29 to 136.

Valero Energy (VLO) 30-day option implied volatility is at 82; compared to its 52-week range of 22 to 145.

ExxonMobil (XOM) 30-day option implied volatility is at 73; compared to its 52-week range of 15 to 111.

Devon Energy (DVN) 30-day option implied volatility is at 126; compared to its 52-week range of 33 to 212. Call put ratio 4.9 calls to 1 put.

Royal Dutch Petroleum (RDS.B) 30-day option implied volatility is at 75; compared to its 52-week range of 12 to 111.

Total (TOT) 30-day option implied volatility is at 70; compared to its 52-week range of 14 to 124.

BP plc (BP) 30-day option implied volatility is at 81; compared to its 52-week range of 15 to 154.

Chevron (CVX) 30-day option implied volatility is at 72; compared to its 52-week range of 15 to 112.

Marathon Oil (MRO) 30-day option implied volatility is at 122; compared to its 52-week range of 29 to 268.

ConocoPhillips (COP) 30-day option implied volatility is at 84; compared to its 52-week range of 23 to 151.

Apache (APA) 30-day option implied volatility is at 158; compared to its 52-week range of 36 to 244.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 75; compared to its 52-week range of 15 to 130.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 94; compared to its 52-week range of 28 to 190.

Increasing unusual option volume: OIL TK VNQ FLIR MFA WSM
Increasing unusual call option volume: OIL TK FLIR IVR CNX
Increasing unusual put option volume: OIL VNQ WY USO CHKP BP ZEN DHT
Options with decreasing option implied volatility: RAD TGTX
Active options: AAPL AMD MSFT TSLA BA FB AMZN BAC NFLX XOM BP NVDA BYND MU ROKU BABA WORK DIS ACB C