Mid-session IV Report April 7, 2020

Mid-session IV Report April 7, 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: IV decreasing……..

Popular options with increasing volume: OXY RCL CCL XOM T DAL

Option implied volatility decreasing as stocks rally

Clothing retail stocks option implied volatility decreases as stocks rally

Macys (M) 30-day option implied volatility is at 135; compared to its 52-week range of 31 to 165. Call put ratio 1.3 calls to 1 put.

Nordstrom (JWN) 30-day option implied volatility is at 121; compared to its 52-week range of 29 to 170 shares up 18%.

Ross Stores (ROST) 30-day option implied volatility is at 70; compared to its 52-week range of 17 to 89.

Gap (GPS) 30-day option implied volatility is at 103; compared to its 52-week range of 29 to 132.

TJX (TJX) 30-day option implied volatility is at 65; compared to its 52-week range of 31 to 109.

Urban Outfitters (URBN) 30-day option implied volatility is at 74; compared to its 52-week range of 30 to 109 shares up 11%.

Kohls (KSS) 30-day option implied volatility is at 120; compared to its 52-week range of 26 to 159, shares up 26%. Call put ratio 1 call to 1 put.

Abercrombie & Fitch (ANF) 30-day option implied volatility is at 91; compared to its 52-week range of 37 to 143. Call put ratio 1 call to 4.6 puts.

L Brands (LB) 30-day option implied volatility is at 115; compared to its 52-week range of 35 to 202.

Dillards (DDS) 30-day option implied volatility is at 87; compared to its 52-week range of 35 to 139.

Dicks Sporting Goods (DKS) 30-day option implied volatility is at 73; compared to its 52-week range of 26 to 134.

Dollar General (DLTR) 30-day option implied volatility is at 54; compared to its 52-week range of 19 to 117. Call put ratio 1 call to 2.3 puts.

Dollar Store (DLR) 30-day option implied volatility is at 46; compared to its 52-week range of 18 to 84. Call put ratio 1 call to 2.6 puts.

Lowes (LOW) 30-day option implied volatility is at 52; compared to its 52-week range of 18 to 129.

Home Depot (HD) 30-day option implied volatility is at 47; compared to its 52-week range of 14 to 114.

Advanced Auto Parts (AAP) 30-day option implied volatility is at 68; compared to its 52-week range of 23 to 112. Call put ratio 1.7 calls to 1 put.

AutoZone (AZO) 30-day option implied volatility is at 53; compared to its 52-week range of 17 to 96. Call put ratio 1 call to 2.3 puts.

Best Buy (BBY) 30-day option implied volatility is at 56; compared to its 52-week range of 22 to 107.

Kroger (KR) 30-day option implied volatility is at 48; compared to its 52-week range of 20 to 95. Call put ratio 3 call to 1 put amid shares down 4.9%.

Target (TGT) 30-day option implied volatility is at 40; compared to its 52-week range of 19 to 90.

Walmart (WMT) 30-day option implied volatility is at 34; compared to its 52-week range of 12 to 68.

Amazon (AMZN) 30-day option implied volatility is at 38; compared to its 52-week range of 17 to 69.

Alibaba (BABA) 30-day option implied volatility is at 48; compared to its 52-week range of 22 to 64. Call put ratio 2.8 calls to 1 put.

Shopify (SHOP) 30-day option implied volatility is at 78; compared to its 52-week range of 37 to 124.

At Home Group (HOME) 30-day option implied volatility is at 165; compared to its 52-week range of 46 to 278.

SPDR S&P Retail ETF (XRT) 30-day option implied volatility is at 51; compared to its 52-week range of 16 to 103. Call put ratio 1 call to 8 puts.

Option implied volatility for banks is decreasing

Citigroup (C) 30-day call option implied volatility is at 68; compared to its 52-week range of 18 to 146.

Financial Select Sector SPDR ETF (XLF) 30-day call option implied volatility is at 51; compared to its 52-week range of 12 to 111.

Increasing unusual option volume: NTR TWO CIM UCO IVR WPX
Increasing unusual call option volume: NTR TWO WPX ABR FND SAN CCL DXD
Increasing unusual put option volume: DRIP INFY UCO GSX LEVI
Options with decreasing option implied volatility: APA AVDL MPLX VIXY VXX ET ….IV for stocks across the board is decreasing
Active options: AAPL TSLA BA MSFT CCL AMD AAL BAC FB GE DIS F BABA DAL AMZN NVDA XOM OXY RCL T