Mid-session IV Report April 23, 2021

Mid-session IV Report April 23, 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: DISH TGT CSCO WMT LOTZ QDEL INO BSX

Popular stocks with increasing volume: AMC AAL VIAC NFLX

IV into quarter results and outlook

Tesla (TSLA) April weekly (30) call option implied volatility is at 81, May is at 65; compared to its 52-week range of 55 to 123 into the expected release of quarter results after the bell on April 26. Call put ratio 2 calls to 1 put.

Advanced Micro Devices, Inc. (AMD) April weekly (30) call option implied volatility is at 66, May is at 46; compared to its 52-week range of 38 to 72 into the expected release of quarter results on April 27. Call put ratio 2 calls to 1 put.

Alphabet (GOOG) April weekly (30) call option implied volatility is at 44, May is at 31; compared to its 52-week range of 24 to 49 into the expected release of quarter results after the bell on April 27. Call put ratio 3.4 calls to 1 put.

General Electric (GE) April weekly (30) call option implied volatility is at 59, May is at 40; compared to its 52-week range of 38 to 85 into the expected release of quarter results before the bell on April 27. Call put ratio 1.7 calls to 1 put.

Microsoft (MSFT) April weekly (30) call option implied volatility is at 37, May is at 26; compared to its 52-week range of 23 to 49 into the expected release of quarter results after the bell on April 27. Call put ratio 2.1 calls to 1 put.

Starbucks (SBUX) April weekly (30) call option implied volatility is at 36, May is at 27; compared to its 52-week range of 23 to 52 into the expected release of quarter results after the bell on April 27.

United Parcel Services (UPS) April weekly (30) call option implied volatility is at 45, May is at 30; compared to its 52-week range of 22 to 56 into the expected release of quarter results before the bell on April 27. Call put ratio 2.6 calls to 1 put.

Amazon (AMZN) April weekly (30) call option implied volatility is at 43, May is at 32; compared to its 52-week range of 24 to 64 into the expected release of quarter results after the bell on April 29.

Volume movers

Carvana Co. (CVNA) April weekly call option implied volatility is at 44, May is at 61; compared to its 52-week range of 59 to 107. Call put ratio 1 call to 23 puts with focus on April weekly (23) 255 puts.

Skillz (SKLZ) April weekly (30) call option implied volatility is at 155, May is at 128; compared to its 52-week range of 72 to 180. Call put ratio 3.1 calls to 1 put.

Digital, Crypto and exchanges themed stocks option implied volatility as Bitcoin trades below $50,000

PayPal (PYPL) 30-day option implied volatility is at 41; compared to its 52-week range of 32 to 59. Call put ratio 1.4 calls to 1 put.

Square (SQ) 30-day option implied volatility is at 57; compared to its 52-week range of 48 to 80. Call put ratio 1.6 calls to 1 put.

Riot Blockchain (RIOT) 30-day option implied volatility is at 150; compared to its 52-week range of 98 to 274 amid Bitcoin trades below $50,000. Call put ratio 1 call to 1 put on total volume of 90K contracts.

Coin (COIN) option implied volatility is at 72 amid Bitcoin trades below $50,000.

Microvision (MVIS) 30-day option implied volatility is at 195; compared to its 52-week range of 128 to 462. Call put ratio 5.9 calls to 1 put with focus on May calls.

Magnite (MGNI) 30-day option implied volatility is at 88; compared to its 52-week range of 52 to 162.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 95; compared to its 52-week range of 30 to 154.

Marathon Patent Group (MARA) 30-day option implied volatility is at 150; compared to its 52-week range of 139 to 475 amid Bitcoin trades below $50,000. Call put ratio 1.4 calls to 1 put.

Increasing unusual option volume: ALDX ITB SKX MAT PVH ABEV BCLI BSX PINS CVNA NKLA INO CFAC MAT SH PING
Increasing unusual call option volume: VIPS OCGN SH SKX MAT SH PING
Increasing unusual put option volume: ITB KMB OCGN STX SKX STLA MAT CVNA
Options with decreasing option implied: UA INTC MAT STX SKX HOG IBM NFLX ERIC
Active options: TSLA AAPL SNAP AMD INTC NIO F RIOT PLTR MARA BAC AMZN FB VIAC AMC NFLX AAL NVDA INO