Mid-session IV Report April 6, 2023

Mid-session IV Report April 6, 2023

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: AI BILL LYFT APLS SRPT ATVI CLX MNST LITE

Popular stocks with increasing volume: MU AI NFLX BABA COIN SHOP SQ SNAP JNJ COST

Movers

Airbnb (ABNB) 30-day option implied volatility is at 54; compared to its 52-week range of 41 to 77 as shares sell off 4.8%. Call put ratio 1 call to 2.8 puts with focus on April weekly (6) puts.

Activision Blizzard (ATVI) 30-day option implied volatility is at 32; compared to its 52-week range of 9 to 46 into The U.K. Competition and Markets Authority, or CMA, is due to issue its final report by 26 April 2023. Call put ratio 1 call to 1 put as shares trade $85.

Charles Schwab (SCHW) 30-day option implied volatility is at 58; compared to its 52-week range of 26 to 104. Call put ratio 1.9 calls to 1 put.

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 116; compared to its 52-week range of 50 to 398. Call put ratio 2 calls to 1 put as shares rally 1.8%.

Pacwest Bancorp (PACW) 30-day option implied volatility is at 125; compared to its 52-week range of 28 to 334.

Option IV into quarter results

Tilray (TLRY) April weekly call option implied volatility is at 107, May is at 93; compared to its 52-week range of 68 to 162 into the expected release of quarter results before the bell on April 10. Call put ratio 13.5 calls to 1 put as shares rally 1.6%.

Albertsons (ACI) April call option implied volatility is at 30, May is at 27; compared to its 52-week range of 12 to 94 into the expected release of quarter results before the bell on April 11. Call put ratio 12 calls to 1 put.

CarMax (KMX) April weekly call option implied volatility is at 108, May is at 86; compared to its 52-week range of 34 to 240 into the expected release of quarter results before the bell on April 11.

Options with decreasing option implied volatility: AEHR BCS CAG
Increasing unusual option volume: WAL FRC LNC LW ASTL LEVI LITE BURU KD
Increasing unusual call volume: FRC LEVI KD LW ASTL
Increasing unusual put option volume: LMC LW FRC TD LITE LEVI JETS ONON ED
Active options: TSLA AMC NVDA AMZN AAPL AMD MU GOOGL AI GOOG META MSFT NFLX BABA COIN SHOP SQ SNAP JNJ COST