Mid-session IV Report April 9, 2020

Mid-session IV Report April 9, 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 XLK XLY FCAU

Popular options with increasing volume: OXY AAL RCL

United States Oil Fund (USO) 30-day option implied volatility is at 122; compared to its 52-week range of 23 to 172 amid OPEC+, others to discuss oil cut as big as 20M BPD – Reuters citing Russian source. Call put ratio 2 calls to 1 put.

Federal Reserve says they will buy high-yield ETFs

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 28; compared to its 52-week range of 4 to 58 after Fed said they will buy high-yield ETFs. Call put ratio 1 call to 1.5 puts.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 25; compared to its 52-week range of 5 to 53. Call put ratio 1 call to 1.8 puts shares up 7%.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied
volatility is at 17; compared to its 52-week range of 4 to 75. Call put ratio 1 call to 2.5 puts.

Increasing unusual option volume: IVR STWD TWO AAWW JNK BKLN
Increasing unusual call option volume: STWD CAKE AAWW TWO HEXO NRZ UCO CLNY
Increasing unusual put option volume: IRM BILI JNK BKLN RRC VIAC KSS
Options with decreasing option implied volatility: SCO PLAY NCLH AAOI W OXY
Active options: BAC AAPL TSLA MSFT SQ AAL AMD F BA DIS CCL JPM FB OXY GE DAL XOM AMZN WFC RCL