Mid-session IV Report August 13, 2024

Mid-session IV Report August 13, 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: WOLF RILY HA CMG SBUX

Popular stocks with increasing volume: SBUX CMG INTC SMCI NKE MU HD AVGO

Active options: NVDA AAPL SBUX TSLA CMG META AMD AMZN PLTR MSFT INTC SMCI NKE CORZ MU MARA HD GOOG LUMN AVGO

Starbucks (SBUX) 30-day option implied volatility is at 33; compared to its 52-week range of 15 to 43 after CEO change. Call put ratio 1.2 calls to 1 put on 257K contracts.

Chipotle Mexican Grill (CMG) 30-day option implied volatility is at 44; compared to its 52-week range of 15 to 54 after CEO leaves for Starbucks (SBUX). Call put ratio 1 call to 1 put on 133K contracts.

Option IV into quarter results

Cisco (CSCO) August calls option implied volatility is at 93, September is at 33; 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 1 put.

Brinker (EAT) August calls option implied volatility is at 125, 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 3.3 calls to 1 put with focus on August 65 puts.

Walmart (WMT) August calls option implied volatility is at 74, September is at 30; 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 77, 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 1.6 calls to 1 put with focus on September 85 calls.

Applied Materials (AMAT) August calls option implied volatility is at 83, September is at 46; compared to its 52-week range of 26 to 63 into expected release of quarter results after the bell on August 15. Call put ratio 2.1 calls to 1 put with a focus on August 205 calls.

Deere (DE) August calls option implied volatility is at 77, September is at 33; compared to its 52-week range of 18 to 44 into expected release of quarter results before the bell on August 15. Call put ratio 1.6 calls to 1 put with focus on August calls.

JD.com (JD) August calls option implied volatility is at 96, September is at 45; compared to its 52-week range of 34 to 64 into expected release of quarter results before the bell on August 15. Call put ratio 2.5 calls to 1 put with focus on August calls.

Tapestry (TPR) August calls option implied volatility is at 96, September is at 40; compared to its 52-week range of 24 to 52 into expected release of quarter results before the bell on August 15. Call put ratio 3 calls to 1 put with focus on August 23 weekly 38 calls.

Options with decreasing option implied volatility: SG HUMA DUOL FLSY SAVA U AAOI ALAB AMSC IOVA AKAM RDFN
Increasing unusual option volume: VSAT ACI TME LUMN BAX FLUT SBUX RJF
Increasing unusual call option volume: UBS ACI VSAT BZFD FLUT TME SBUX MLCO
Increasing unusual put option volume: BAX LUMN TME VSAT SBUX JBLU CMG NOK QLD ALTM