Mid-session IV Report April 23, 2025

Mid-session IV Report April 23, 2025

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: IEP HTZ ZIM ROST PLCE OGN DNB
Popular stocks volume: SMCI HOOD BA INTC MSTR SOFI

Active options: TSLA NVDA AAPL AMZN PLTR AMD META SOFI SMCI HOOD BA INTC RIOT MSTR

Option IV into quarter results

IBM (IBM) April 25 weekly call option implied volatility is at 113, May is at 44; compared to its 52-week range of 16 to 60 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put.

ServiceNow (NOW) April 25 weekly call option implied volatility is at 145, May is at 55; compared to its 52-week range of 23 to 76 into the expected release of quarter results today after the bell. Call put ratio 1.9 calls to 1 put.

Texas Instruments (TXN) April 25 weekly call option implied volatility is at 90, May is at 45; compared to its 52-week range of 18 to 73 into the expected release of quarter results today after the bell. Call put ratio 1.9 calls to 1 put.

Chipotle (CMG) April 25 weekly call option implied volatility is at 123, May is at 52; compared to its 52-week range of 17 to 63 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.

Alphabet (GOOGL) April 25 weekly call option implied volatility is at 94, May is at 43; compared to its 52-week range of 21 to 58 into the expected release of quarter results after the bell on April 24. Call put ratio 2.9 calls to 1 put with a focus on May 185 calls.

Proctor & Gamble (PG) April 25 weekly call option implied volatility is at 65, May is at 28; compared to its 52-week range of 10 to 35 into the expected release of quarter results before the bell on April 24.

T-Mobile (TMUS) April 25 weekly call option implied volatility is at 86, May is at 36; compared to its 52-week range of 11 to 47 the expected release of quarter results after the bell on April 24. Call put ratio 1.8 calls to 1 put with a focus on April weekly calls.

Merck (MRK) April 25 weekly call option implied volatility is at 92, May is at 42; compared to its 52-week range of 15 to 55 into the expected release of quarter results before the bell on April 24. Call put ratio 1.2 calls to 1 put into quarter results.

Pepsico (PEP) April 25 weekly call option implied volatility is at 51, May is at 27; compared to its 52-week range of 13 to 36 into the expected release of quarter results before the bell on April 24.

Comcast (CMCSA) April 25 weekly call option implied volatility is at 90, May is at 37; compared to its 52-week range of 19 to 49 into the expected release of quarter results before the bell on April 24. Call put ratio 2.5 calls to 1 put with a focus on May 38 calls.

Intel (INTC) April 25 weekly call option implied volatility is at 145, May is at 68; compared to its 52-week range of 29 to 93 into the expected release of quarter results after the bell on April 24. Call put ratio 3.5 calls to 1 put with a focus on May 24 calls.

Freeport McMoran (FCX) April 25 weekly call option implied volatility is at 79, May is at 51; compared to its 52-week range of 32 to 83 into the expected release of quarter results before the bell on April 24. Call put ratio 3.3 calls to 1 put with a focus on April 25 weekly 32 and 37 calls.

VeriSign (VRSN) April 25 weekly call option implied volatility is at 36, May is at 28; compared to its 52-week range of 14 to 64 into the expected release of quarter results after the bell on April 24. Call put ratio 1 call to 3.9 puts with a focus on May 230 puts.

Southwest Airlines (LUV) April 25 weekly call option implied volatility is at 133, May is at 51; compared to its 52-week range of 29 to 77 into the expected release of quarter results before the bell on April 24. Call put ratio 2.1 calls to 1 put with a focus on April 25 weekly calls as share price up 4.2%.

Gold stocks option implied volatility as gold below $3297

SPDR Gold Trust (GLD) 30-day option implied volatility is at 23; compared to its 52-week range of 14 to 27. Call put ratio 1 call to 1 put as gold trades below $3297. Call put ratio 1 call to 1.5 puts.

Barrick Gold (GOLD) 30-day option implied volatility is at 41; compared to its 52-week range of 27 to 54. Call put ratio 3.3 calls to 1 put as gold below $3297.

Options with decreasing option implied volatility: HOLO NMAX DFS VRT NFLX OZK COF MMM LLY ASML APH ISRG GE SCHW DHR TMO PM RTX
Increasing unusual option volume: NG TAL APPN EDU XLI FNGR DNB OGN UUP BAM TE CFLT AZUL STX
Increasing unusual call option volume: XLI TAL NG UUP DNB FNGR CFLT TE FXY MAT GEHC ATEC DD IAU RMBS KVYO DLTR SMMT VFC
Increasing unusual put option volume: EDU OGN FIVN AZUL STX VSCO INVZ DFS ZI ASO XLI BDX FXE