Mid-session IV Report April 27, 2020

Mid-session IV Report April 27, 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: AGN INO TIF SHY CNXM CLVS NAT JWN HOG

Popular options with increasing volume: SNAP CGC BBBY TLRY DIS

Apple (AAPL) May weekly option implied volatility is at 60, May is at 40; compared to its 52-week range of 18 to 90 into the expected release of quarter results after the bell on April 30.

Amazon (AMZN) May weekly call option implied volatility is at 75, May is at 49; compared to its 52-week range of 16 to 69 into the expected release of quarter results after the bell on April 30.

3M (MMM) May weekly call option implied volatility is at 66, May is at 41; compared to its 52-week range of
17 to 77 into the expected release of quarter results before the bell on April 28. Call put ratio 5.3 calls to 1 put with focus on May weekly 160 calls.

Advanced Micro Devices (AMD) May weekly call option implied volatility is at 105, May is at 71; compared to its 52-week range of 35 to 116 into the expected release of quarter results after the bell on April 28. Call put ratio 3 calls to 1 put.

Akamai Technologies (AKAM) May weekly call option implied volatility is at 73, May is at 48; compared to its 52-week range of 20 to 70 into the expected release of quarter results after the bell on April 28. Call put ratio 3.6 calls to 1 put with focus on May weekly 104 calls.

Alphabet (GOOGL) May weekly call option implied volatility is at 66, May is at 42; compared to its 52-week range of 15 to 75 into the expected release of quarter results after the bell on April 28. Call put ratio 1 call to 1.2 puts.

Caterpillar (CAT) May weekly call option implied volatility is at 64, May is at 47; compared to its 52-week range of 19 to 96 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 1.8 puts.

Corning (GLW) May weekly call option implied volatility is at 84, May is at 57; compared to its 52-week range of 20 to 96 into the expected release of quarter results before the bell on April 28. Call put ratio 3.3 calls to 1 put.

FireEye (FEYE) May weekly call option implied volatility is at , May is at ; compared to its 52-week range of 31 to 149 into the expected release of quarter results after the bell on April 28. Call put ratio 4.6 calls to 1 put with focus on May weekly and June calls.

Ford Motor (F) May weekly call option implied volatility is at 100, May is at 88; compared to its 52-week range of 20 to 194 into the expected release of quarter results on April 28. Call put ratio 1.9 calls to 1 put.

Harley-Davidson (HOG) May weekly call option implied volatility is at 156, May is at 90; compared to its 52-week range of 25 to 142 into EPS and outlook on April 28. Call put ratio 1 call to 14 puts with focus on May weekly puts.

iRobot (IRBT) May weekly call option implied volatility is at 148, May is at 90; compared to its 52-week range of 36 to 121 into the expected release of quarter results after the bell on April 28. Call put ratio 1.2 calls to 1 put.

Merck (MRK) May weekly call option implied volatility is at 42, May is at 33; compared to its 52-week range of 15 to 64 into the expected release of quarter results before the bell on April 28. Call put ratio 2 calls to 1 put.

Mondelez (MDLZ) May weekly call option implied volatility is at 55, May is at 37; compared to its 52-week range of 13 to 105 into the expected release of quarter results on April 28. Call put ratio 1 call to 2.2 puts.

Nabors (NBR) May weekly call option implied volatility is at 61, May is at 50; compared to its 52-week range of 60 to 728 into the expected release of quarter results on April 28.

Novartis (NVS) May weekly call option implied volatility is at 29, May is at 25; compared to its 52-week range of 12 to 62 into the expected release of quarter results on April 28. Call put ratio 8 calls to 1 put.

Nucor (NUE) May weekly call option implied volatility is at 55, May is at 52; compared to its 52-week range of 20 to 110 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 1.2 puts.

Pepsi (PEP) May weekly call option implied volatility is at 40, May is at 32; compared to its 52-week range of 12 to 72 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 1 put.

Pfizer (PFE) May weekly call option implied volatility is at 43, May is at 34; compared to its 52-week range of 15 to 72 into the expected release of quarter results before the bell on April 28. Call put ratio 4 calls to 1 put.

Polaris (PII) May call option implied volatility is at 70, June is at 61; compared to its 52-week range of 29 to 118 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 6.3 puts.

Simon Property (SPG) May call option implied volatility is at 82, June is at 71; compared to its 52-week range of 16 to 153 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 1.1 puts.

Southwest Airlines (LUV) May weekly call option implied volatility is at 96, May is at 78; compared to its 52-week range of 17 to 204 into the expected release of quarter results before the bell on April 28. Call put ratio 1.67 calls to 1 put.

Starbucks (SBUX) May weekly call option implied volatility is at 71, May is at 49; compared to its 52-week range of 15 to 109 into the expected release of quarter results after the bell on April 28. Call put ratio 1.97 calls to 1 put.

United Parcel (UPS) May weekly call option implied volatility is at 70, May is at 41; compared to its 52-week range of 17 to 76 into the expected release of quarter results before the bell on April 28. Call put ratio 3.9 call to 1 put.

Vale (VALE) May weekly call option implied volatility is at 74, May is at 55; compared to its 52-week range of 27 to 157 into the expected release of quarter results before the bell on April 28. Call put ratio 1 call to 5.7 puts.

WW International (WW) May weekly call option implied volatility is at 120, May is at 100; compared to its 52-week range of 47 to 149 into the expected release of quarter results after the bell on April 28. Call put ratio 2.2 calls to 1 put.

Yum China Holdings (YUMC) May call option implied volatility is at 47, June is at 38; compared to its 52-week range of 22 to 79 into the expected release of quarter results on April 28. Call put ratio 1 call to 2 puts.

Yandex (YNDX) May weekly call option implied volatility is at 85, May is at 58; compared to its 52-week range of 25 to 112 into the expected release of quarter results before the bell on April 28. Call put ratio 22 calls to 1 put with focus on May 38 calls.

Boeing (BA) May weekly option implied volatility is at 125, May is at 98; compared to its 52-week range of 23 to 222 into the expected release of quarter results before the bell on April 29.

Inovio Pharma (INO) May weekly call option implied volatility is at 370, May is at 272; compared to its 52-week range of 61 to 390 amid negative Citron report. Call put ratio 1 call to 1 put.

Oil Tanker IV

Teekay Tankers Ltd (TNK) 30-day option implied volatility is at 123; compared to its 52-week range of 64 to 182. Call put ratio 3.4 calls to 1 put.

International Seaways (INSW) 30-day option implied volatility is at 112; compared to its 52-week range of 30 to 139.

Euronav (EURN) 30-day option implied volatility is at 107; compared to its 52-week range of 26 to 145. Call put ratio 5.9 calls to 1 put.

Scorpio Tankers (STNG) 30-day option implied volatility is at 143; compared to its 52-week range of 49 to 208. Call put ratio 2.8 calls to 1 put.

Nordic American Tanker (NAT) 30-day option implied volatility is at 136; compared to its 52-week range of 44 to 165. Call put ratio 14.6 calls to 1 put.

Hertz Global (HTZ) May weekly option implied volatility is at 169, May is at 173; compared to its 52-week range of 40 to 434 after Barclays downgrades Hertz to Underweight.

Avis Budget Group (CAR) May call option implied volatility is at 160, June is at 130; compared to its 52-week range of 36 to 320 into Barclays downgrades Hertz (HTZ) to Underweight.

Increasing unusual option volume: NAT AUDC VSTM MXEF CNXM ERJ AXSM EWA TNP
Increasing unusual call option volume: NAT VSTM TIF DVAX ERJ
Increasing unusual put option volume: AXSM EWA NAT HOG INO ADVL NDAQ
Options with decreasing option implied volatility: UCO FAS TZA TNA ERI EXPE SNAP OXY
Active options: TSLA AAPL AMD BAC BA MSFT FB NVDA TLRY NAT ZM BYND NFLX INO SNAP CGC BBBY DIS GE JPM