Mid-session IV Report April 9, 2021

Mid-session IV Report April 9, 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: CRON HL FRX APT IQ

Popular stocks with increasing volume: FUBO SNDL ET CCL RIOT MARA NOK VIAC

fuboTV Inc. (FUBO) 30-day call option implied volatility is at 123; compared to its 52-week range of 98 to 238 as shares rally 17%. Call put ratio 6 calls to 1 put with focus on April weekly 23 and 24 calls.
Stock IV into quarter results next week

Fastenal (FAST) April call option implied volatility is at 39, May is at 26; compared to its 52-week range of 25 to 58 into the expected release of quarter results before the bell on April 13.

Schwab (SCHW) April call option implied volatility is at 31, May is at 29; compared to its 52-week range of 31 to 73 into the expected release of quarter results on April 13.

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 3.6 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. Call put ratio 5.1 calls to 1 put with focus on April 157.50 and 160 calls.

Wells Fargo (WFC) April call option implied volatility is at 42, May is at 33; 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 7 calls to 1 put with focus on April 40 calls.

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. Call put ratio 1 call to 2.7 puts.

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 3.4 calls to 1 put with focus on April 39.50 and 40 calls.

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 4.3 calls to 1 put.

Cannibas IV amid headlines

Tilray, Inc. (TLRY) 30-day option implied volatility is at 105; compared to its 52-week range of 70 to 359. Call put ratio 3.4 calls to 1 put.

Aurora Cannabis (ACB) 30-day option implied volatility is at 90; compared to its 52-week range of 80 to 246. Call put ratio 3.3 calls to 1 put.

Canopy Growth (CGC) 30-day option implied volatility is at 61; compared to its 52-week range of 55 to 167. Call put ratio 4.5 calls to 1 put with focus on April weekly 1 calls.

Sundial Growers (SNDL) 30-day option implied volatility is at 141; compared to its 52-week range of 142 to 654. Call put ratio 9.4 calls to 1 put.

GrowGeneration Corp. (GRWG) 30-day option implied volatility is at 88; compared to its 52-week range of 75 to 174. Call put ratio 1 call to 1.6 puts.

Aphria (APHA) 30-day option implied volatility is at 107; compared to its 52-week range of 67 to 281. Call put ratio 3 calls to 1 put.

Cronos Group (CRON) 30-day option implied volatility is at 202; compared to its 52-week range of 54 to 556. Call put ratio 17 calls to 1 put.

HEXO Corp. (HEXO) 30-day option implied volatility is at 86; compared to its 52-week range of 5 to 257. Call put ratio 7 calls to 1 put with focus on August calls.

Increasing unusual option volume: VIPS COMM LEVI CS AFMD LEVI ORBC ASO
Increasing unusual call option volume: COMM VIPS AFMD LEVI ASO CS
Increasing unusual put option volume: RSX TBT PHM JKS ASO CYBR RSP MGA
Options with decreasing option implied: INFN UAA CS BOX
Active options: AAPL TSLA PLTR FUBO NIO SQ BABA AMZN FB GE SNAP MSFT BA VIAC CCL AMD PFE SNDL ET BAC