Mid-session IV Report April 21, 2022

Mid-session IV Report April 21, 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: FL BRCC EDU VST SNAP VZ AXP

Popular stocks with increasing volume: UAL T AA SNAP UBER DAL LCID F CVNA

Apple (AAPL) April weekly call option implied volatility is at 32, May is at 30; compared to its 52-week range of 19 to 41 into expected release of quarter results on April 28. Call put ratio 1.9 calls to 1 put as shares rally 1.9%.

Options IV Movement

Netflix (NFLX) April weekly call option implied volatility is at 105, May is at 55; compared to its 52-week range of 21 to 59. Call put ratio 1 call to 1.2 puts as shares sell off 6%.

Twitter (TWTR) April weekly call option implied volatility is at 120, May is at 82; compared to its 52-week range of 32 to 87. Call put ratio 3.3 calls to 1 put.

Option IV into quarter results

Snap (SNAP) April weekly call option implied volatility is at 510, May is at 180; compared to its 52-week range of 43 to 122 into the expected release of quarter results today after the bell. Call put ratio 1 calls to 1.2 puts.

American Express (AXP) April weekly call option implied volatility is at 84, May is at 35; compared to its 52-week range of 21 to 48 into the expected release of quarter results before the bell on April 22. Call put ratio 1.9 calls to 1 put.

Cleveland Cliffs (CLF) April weekly call option implied volatility is at 154, May is at 68; 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 2.8 calls to 1 put.

Verizon (VZ) April weekly call option implied volatility is at 43, 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 calls to 1 put as shares rally 1.5%.

Interest rate products option IV as rates increase

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 46; compared to its 52-week range of 24 to 50 as shares rally 3.1%. Call put ratio 4.1 calls to 1 put.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 23; compared to its 52-week range of 12 to 25 as Treasury yield rise.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 11; compared to its 52-week range of 4 to 15 as Treasury yields rise.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 11; compared to its 52-week range of 5 to 15 as Treasury yields rise. Call put ratio 1 calls to 10 puts.

Options with decreasing option implied volatility: KEY BBAI PL FATH IBM ALLY GIS
Increasing unusual option volume: KNX HYMC CENX XRX ATER SEV KEY RAD BB
Increasing unusual call option volume: CENX HYMC ATER IPOD CIBR IO CSX LAZR
Increasing unusual put option volume: ATER KIND CVNA KEY JBHT
Active options: TSLA AAPL NVDA AAL NFLX UAL T AMD MSFT FB AA AMC NIO SNAP UBER DAL LCID F CVNA