Mid-session IV Report April 8, 2021

Mid-session IV Report April 8, 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: HPE VTRS MIK AGNC FEYE HZON

Popular stocks with increasing volume: NVDA VIAC SNAP MARA BOX

Stock IV into quarter results next week

Bed Bath & Beyond (BBBY) April call option implied volatility is at 133, May is at 81; compared to its 52-week range of 65 to 303 into the expected release of quarter results before the bell on April 14.

Goldman Sachs (GS) April call option implied volatility is at 35, May is at 28; compared to its 52-week range of 27 to 58 into the expected release of quarter results before the bell on April 14. Call put ratio 2.7 calls to 1 put.

JPMorgan (JPM) April call option implied volatility is at 31, May is at 26; compared to its 52-week range of 27 to 61 into the expected release of quarter results before the bell on April 14.

Wells Fargo (WFC) April call option implied volatility is at 41, May is at 32; compared to its 52-week range of 35 to 74 into the expected release of quarter results before the bell on April 14. Call put ratio 2.9 calls to 1 put.

Bank of America (BAC) April call option implied volatility is at 35, May is at 31; compared to its 52-week range of 29 to 67 into the expected release of quarter results before the bell on April 15. Call put ratio 2 calls to 1 put.

Citigroup (C) April call option implied volatility is at 39, May is at 31; compared to its 52-week range of 33 to 78 into the expected release of quarter results before the bell on April 15. Call put ratio 3.3 calls to 1 put.

Option implied volatility for Online Sports Betting and Resort stocks

Penn National Gaming (PENN) 30-day option implied volatility is at 70; compared to its 52-week range of 67 to 181. Call put ratio 8.2 calls to 1 put.

Boyd Gaming (BYD) 30-day option implied volatility is at 47; compared to its 52-week range of 38 to 132.

Caesars (CZR) 30-day option implied volatility is at 60; compared to its 52-week range of 53 to 198.

DraftKings (DKNG) 30-day option implied volatility is at 57; compared to its 52-week range of 57 to 143. Call put ratio 3.3 calls to 1 put.

Churchill Downs (CHDN) 30-day option implied volatility is at 38; compared to its 52-week range of 38 to 89.

Gan Limited (GAN) 30-day option implied volatility is at 78; compared to its 52-week range of 71 to 178. Call put ratio 4 calls to 1 put.

MGM Resorts (MGM) 30-day option implied volatility is at 48; compared to its 52-week range of 39 to 144. Call put ratio 4.8 calls to 1 put with focus on April weekly calls.

Las Vegas Sands (LVS) 30-day option implied volatility is at 40; compared to its 52-week range of 38 to 96. Call put ratio 9 calls to 1 put with focus on April calls.

Wynn Resorts (WYNN) 30-day option implied volatility is at 43; compared to its 52-week range of 45 to 117. Call put ratio 2.4 calls to 1 put.

General Motors (GM) April weekly call option implied volatility is at 34, April is at 37; compared to its 52-week range of 39 to 186. Call put ratio 2.6 calls to 1 put as shares sell off 2.6%.

Increasing unusual option volume: BOX AMRS AEVA ASO ORBC CS ATNF NUAN FNKO
Increasing unusual call option volume: VIAC BOX AMRS STZ ASO NUAN CS FNKO
Increasing unusual put option volume: TME CAG AMRS GEO OKE ASO SLM CS
Options with decreasing option implied: GME TECS NNOX SNPR AMRN CRON KRE CS
Active options: AAPL TSLA MSFT FB NIO SOS AMZN AMD BAC AAL SNDL PLTR NVDA VIAC CCL T MARA SNAP TWTR