Mid-session IV Report April 5, 2021

Mid-session IV Report April 5, 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: NLY NNOX SCO PAA UA VALE

Popular stocks with increasing volume: WMT QCOM MARA VIAC AAL CCL NCLH RCL

Tesla (TSLA) April weekly call option implied volatility is at 68, April is at 64; compared to its 52-week range of 55 to 130 after better than expected quarter sales release. Call put ratio 2.1 calls to 1 put as shares rally 5%.

GameStop (GME) April weekly call option implied volatility is at 195, April is at 195; compared to its 52-week range of 78 to 554 into announcing 3.5M share equity offering. Call put ratio 1 call to 1.1 puts as shares sell off 4%.

Facebook (FB) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 62 as shares rally 2.8%. Call put ratio 2.3 calls to 1 put after positive Barrons comments.

Apple (AAPL) 30-day option implied volatility is at 32; compared to its 52-week range of 25 to 62 after Apple CEO ‘probably’ to step down in next 10 years, Cook tells Kara Swisher’s podcast.

Option IV into quarter results

Paychex (PAYX) April call option implied volatility is at 32, May is at 23; compared to its 52-week range of 23 to 60 into the expected release of quarter results on April 6. Call put ratio 5.2 calls to 1 put with focus on April calls.

Lamb Weston (LW) April call option implied volatility is at 38, May is at 28; compared to its 52-week range of 32 to 66 into the expected release of quarter results before the bell on April 7.

Conagra (CAG) April weekly call option implied volatility is at 49, May is at 35; compared to its 52-week range of 24 to 51 into the expected release of quarter results before the bell on April 8.

Constellation Brands (STZ) April call option implied volatility is at 47, April is at 35; compared to its 52-week range of 25 to 75 into the expected release of quarter results before the bell on April 8.

Levi Strauss (LEVI) April call option implied volatility is at 61, May is at 41; compared to its 52-week range of 40 to 94 into the expected release of quarter results after the bell on April 8. Call put ratio 4.7 calls to 1 put with focus on April calls.

JinkSolar (JKS) April call option implied volatility is at 108, May is at 87; compared to its 52-week range of 64 to 131 into the expected release of quarter results before the bell on April 9. Call put ratio 2.5 calls to 1 put.

Increasing unusual option volume: SNCR CS UXIN ASO HAS XM EXPC GSX NNOX
Increasing unusual call option volume: ESI UXIN ASO EXPC NNOX UNFI JEF
Increasing unusual put option volume: CS XM HAS UXIN ASO NNOX
Options with decreasing option implied: HGEN RRC SRNE IQ VIPS
Active options: AAPL TSLA PLTR MSFT FB AMC NIO AMZN CCL AMD BA F BAC VIAC WMT GME AAL GE MARA QCOM