Mid-session IV Report August 12, 2024

Mid-session IV Report August 12, 2024

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: ACB RILY NYCB ADBE ORCL HL KR KEY

Popular stocks with increasing volume: SHOP INTC GOLD BAC LUMN GME SMCI SOFI CLSK AMC

Active options: NVDA TSLA AAPL AMZN AMD MARA HOOD SHOP INTC GOLD META BAC LUMN GME SMCI SOFI CLSK AMC MSFT

Option IV into quarter results

Home Depot (HD) August calls option implied volatility is at 67, September is at 31; compared to its 52-week range of 16 to 40 into expected release of quarter results before the bell on August 13.

On Holdings (ONON) August calls option implied volatility is at 135, September is at 59; compared to its 52-week range of 34 to 72 into expected release of quarter results before the bell on August 13. Call put ratio 2.1 calls to 1 put with focus on August calls.

Melco Resorts (MLCO) August calls option implied volatility is at 105, September is at 65; compared to its 52-week range of 41 to 71 expected release of quarter results before the bell on August 13. Call put ratio 4.6 calls to 1 put with a focus on August 5.5 calls.

Cisco (CSCO) August calls option implied volatility is at 77, September is at 32; compared to its 52-week range of 14 to 43 into expected release of quarter results after the bell on August 14. Call put ratio 1 call to 2 puts with focus on September 40 puts.

Brinker (EAT) August calls option implied volatility is at 118, September is at 55; compared to its 52-week range of 29 to 74 into expected release of quarter results before the bell on August 14. Call put ratio 3.8 calls to 1 put with focus on August 72.50 calls.

Walmart (WMT) August calls option implied volatility is at 61, September is at 28; compared to its 52-week range of 12 to 32 expected release of quarter results before the bell on August 15.

Alibaba (BABA) August calls option implied volatility is at 67, September is at 37; compared to its 52-week range of 27 to 47 into expected release of quarter results before the bell on August 15. Call put ratio 3.4 calls to 1 put with focus on August calls.

Movers

Starbucks (SBUX) 30-day option implied volatility is at 26; compared to its 52-week range of 15 to 43. Call put ratio 3.4 calls to 1 put as share price up 3.9% after Bloomberg says near pact with Elliott.

Beyond Meat (BYND) 30-day option implied volatility is at 134; compared to its 52-week range of 62 to 209. Call put ratio 1 call to 1.7 puts as share price down 5.7%.

U.S. Steel (X) 30-day option implied volatility is at 40; compared to its 52-week range of 10 to 53. Call put ratio 4.8 calls to 1 put with focus on January 55 calls.

Options with decreasing option implied volatility: HIMS SG FSLY DUOL IOVA AMSC U SAVA ALAB ASPN HUMA
Increasing unusual option volume: PCRX RVNC UMC SONO GDRX AX LUMN CHGG HUMA SAGE EQNR
Increasing unusual call option volume: ZION UMC GDRX SAGE LUMN CHGG MNDY DT
Increasing unusual put option volume: HUMA LUMN JBLU CHGG AX VSCO ZBH DOCS RILY MDT SYM STLA ILMN