Mid-session IV Report April 8, 2020

Mid-session IV Report April 8, 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: IQ DHT XLY FCAU

Popular options with increasing volume: IQ EHTH PDD BIDU

Put IV bid into OPEC+ meeting

United States Oil Fund (USO) April weekly 6 call option implied volatility is at 225, April weekly 4 puts at 292; compared to its 52-week range of 23 to 172 into OPEC+ meeting on Thursday.

United States Oil Fund (USO) 30-day option implied volatility is at 121; compared to its 52-week range of 23 to 172. Call put ratio 1.9 calls to 1 put.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 69; compared to its 52-week range of 16 to 130.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 87; compared to its 52-week range of 28 to 190.

United States Natural Gas (UNG) 30-day option implied volatility is at 67; compared to its 52-week range of 21 to 83. Call put ratio 1 call to 1.5 puts.

ExxonMobil (XOM) 30-day option implied volatility is at 66; compared to its 52-week range of 16 to 111.

Chevron (CVX) 30-day option implied volatility is at 65; compared to its 52-week range of 15 to 113.

Continental Resources (CLR) 30-day option implied volatility is at 151; compared to its 52-week range of 37 to 252.

Devon Energy (DVN) 30-day option implied volatility is at 133; compared to its 52-week range of 33 to 212. Call put ratio 2.6 calls to 1 put.

Royal Dutch Petroleum (RDS.B) 30-day option implied volatility is at 68; compared to its 52-week range of 13 to 111.

Total (TOT) 30-day option implied volatility is at 67; compared to its 52-week range of 14 to 125. Call put ratio 1 call to 25 puts.

BP plc (BP) 30-day option implied volatility is at 71; compared to its 52-week range of 15 to 155.

ConocoPhillips (COP) 30-day option implied volatility is at 82; compared to its 52-week range of 21 to 151 into OPEC+.

Phillips 66 (PSX) 30-day option implied volatility is at 74; compared to its 52-week range of 17 to 136. Call put ratio 2 calls to 1 put.

Marathon Oil (MRO) 30-day option implied volatility is at 138; compared to its 52-week range of 30 to 269 . Call put ratio 10.5 calls to 1 put.

Diamond Offshore Drilling (DO) 30-day option implied volatility is at 229; compared to its 52-week range of 47 to 420 .

Concho Resources (CXO) 30-day option implied volatility is at 100; compared to its 52-week range of 29 to 149.

Murphy Oil (MUR) 30-day option implied volatility is at 162; compared to its 52-week range of 35 to 229. Call put ratio 2.9 calls to 1 put.

Diamondback Energy (FANG) 30-day option implied volatility is at 123; compared to its 52-week range of 30 to 210.

Marathon Petroleum (MPC) 30-day option implied volatility is at 94; compared to its 52-week range of 29 to 135. Call put ratio 1 call to 2.3 puts.

Apache (APA) 30-day option implied volatility is at 174; compared to its 52-week range of 36 to 244.

Occidental Petroleum (OXY) 30-day option implied volatility is at 141 compared to its 52-week range of 21 to 201.

Petrobras (PBR) 30-day option implied volatility is at 94; compared to its 52-week range of 26 to 224 into OPEC+. Call put ratio 8.3 calls to 1 put.

iShares MSCI Brazil (EWZ) 30-day call option implied volatility is at 72; compared to its 52-week range of 22 to 148 into expected OPEC talks. Call put ratio 1 call to 1 put into OPEC+.

Ishares Msci Mexico Capped Etf (EWW) 30-day call option implied volatility is at 58; compared to its 52-week range of 15 to 105 into OPEC+.

Market Vectors Russia ETF Trust (RSX) 30-day call option implied volatility is at 59; compared to its 52-week range of 16 to 108 into OPEC+. Call put ratio 1 call to 19 puts.

Pinduoduo (PDD) 30-day option implied volatility is at 63; compared to its 52-week range of 38 to 80. Call put ratio 1 call to 8.5 puts with focus on May 35 puts.

BIDU (BIDU) 30-day option implied volatility is at 57; compared to its 52-week range of 27 to 81. Call put ratio 1 call to 1.8 puts amid shares down 5.5%.

eHealth (EHTH) 30-day option implied volatility is at 126; compared to its 52-week range of 46 to 115 after Muddy Waters announces short position. Call put ratio 1 call to 2.1 puts with focus on April 80 and 100 puts.

Ringcentral, Inc. (RNG) 30-day option implied volatility is at 78; compared to its 52-week range of 30 to 101. Call put ratio 1.9 calls to 1 put with focus April weekly (9) weekly.

McDonald’s (MCD) 30-day option implied volatility is at 44; compared to its 52-week range of 12 to 97 after reports Q1 global comparable sales down 3.4%, U.S. comp sales up 0.1%.

Increasing unusual option volume: HEXO TAL LEVI LBTYK VICI EHTH
Increasing unusual call option volume: HEXO LEVI UCO TWO CAKE APO
Increasing unusual put option volume: TAL CCJ EHTH LEVI HEXO VNOM
Options with decreasing option implied volatility: FLR SIG CCL UVXY SDOW
Active options: AAPL TSLA BA MSFT SQ AMD BAC TAL FB AAL ZM GE CCL DIS TLRY BABA DAL SNAP AMZN HEXO