Mid-session IV Report April 4, 2022

Mid-session IV Report April 4, 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: TWTR IPOD MNDT CERN DRIP SOXS NRGV JMIA BTAI KTOS BYND FSLY

Popular stocks with increasing volume: PLTR TLRY SOFI SNDL PINS SNAP F INTC

Social media stocks volume, IV and share price up on Elon Musk purchase of TWTR stake

Twitter (TWTR) 30-day option implied volatility is at 77; compared to its 52-week range of 32 to 88 after Tesla (TSLA) CEO Elon Musk announced the purchase of a 9.2% stake. Call put ratio 2.4 calls to 1 put.

Tesla (TSLA) 30-day option implied volatility is at 61; compared to its 52-week range of 36 to 84 into the expected release of quarter results on April 20. Call put ratio 2 calls to 1 put.

Snap (SNAP) 30-day option implied volatility is at 86; compared to its 52-week range of 43 to 122. Call put ratio 5.8 calls to 1 put with focus on April calls.

Pinterest (PINS) 30-day option implied volatility is at 72; compared to its 52-week range of 37 to 114. Call put ratio 8.4 calls to 1 put with focus on May 30 calls as shares rally 7.6%.

Meta Platforms (FB) 30-day option implied volatility is at 47; compared to its 52-week range of 21 to 51. Call put ratio 2 calls to 1 put as shares rally 3.3%.

Starbucks (SBUX) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 40 after interim CEO Howard Schultz suspends buybacks; vows to invest more profit into our people and our stores. Call put ratio 1.9 calls to 1 put as shares sell off 5.5%.

Option IV into events

Citigroup (C) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 49. Call put ratio 2 calls to 1 put into expected release of quarter results on April 14.

Analog Devices (ADI) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 44 into hosting an investor day on April 5.

Quanta Services (PWR) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 48 into company hosted investor day on April 5. Call put ratio 1 call to 3.5 puts.

Merck (MRK) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 34 into management holds a Virtual Cardiovascular Investor Event on April 5.

FactSet (FDS) 30-day option implied volatility is at 26; compared to its 52-week range of 18 to 38 into a investor day on April 5.

Accenture (ACN) 30-day option implied volatility is at 24; compared to its 52-week range of 14 to 45 into a investor meeting on Thursday, April 7, 2022.

Discovery, Inc (DISCA) 30-day option implied volatility is at 53; compared to its 52-week range of 38 to 68 into annual meeting of shareholders on April 8.

Carnival Corp. (CCL) 30-day option implied volatility is at 52; compared to its 52-week range of 41 to 86 into hosting a annual shareholder meeting on April 8.

Options with decreasing option implied volatility: SST AMC NEGG GME BB CHWY ASO RH
Increasing unusual option volume: HMHC KTOS MULN CLVR
Increasing unusual call option volume: HMHC KTOS MULN BZUN CLVR CLVS
Increasing unusual put option volume: CLVS LW BCS GREE TELL VET THC
Active options: TWTR AAPL TSLA NIO AMD FB BABA AMC NVDA PLTR TLRY MSFT BAC SOFI SNDL PINS SNAP F MULN INTC