Mid-session IV Report August 14, 2019

Mid-session IV Report August 14, 2019

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.​
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Options with increasing option implied volatility: the majority of stocks option implied volatility is up as share prices move lower after the U.S. yield curve inverted.​

Popular stocks with increasing unusual volume: UBER ROKU BAC DIS​

Citi (C) August call option implied volatility is at 41, September is at 36; compared to its 52-week range of 17 to 55 after the U.S. yield curve inverted.​

Goldman Sachs (GS) August call option implied volatility is at 35, September is at 33; compared to its 52-week range of 16 to 50.​

JPMorgan (JPM) August call option implied volatility is at 32, September is at 30; compared to its 52-week range of 15 to 41.​

Morgan Stanley (MS) August call option implied volatility is at 38, September is at 35; compared to its 52-week range of 19 to 50.​

U.S. Bancorp (USB) August call option implied volatility is at 27, September is at 26; compared to its 52-week range of 13 to 36.​

Wells Fargo (WFC) August call option implied volatility is at 31, September is at 28; compared to its 52-week range of 16 to 44. ​

PNC Financial Services (PNC) August call option implied volatility is at 33, September is at 27; compared to its 52-week range of 16 to 43.​

Bank of America (BAC) August call option implied volatility is at 37, September is at 36; compared to its 52-week range of 17 to 47 after the U.S. yield curve inverted. Call put ratio 4.4 calls to 1 put with focus on August 27.50 calls. ​
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Financial Select Sector SPDR ETF (XLF) August call option implied volatility is at 29, September is at 28; compared to its 52-week range 13 to 34. Call put ratio 1 call to 3.3 puts with focus on August 26 and August 25.5 puts.​
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Cisco (CSCO) August call option implied volatility is at 83, September is at 32; compared to its 52-week range of 15 to 41 into the expected release of quarterly results today after the bell. Call put ratio 3.2 calls to 1 put with focus on September 57.50 calls. ​
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Canadian Goose (GOOS) August call option implied volatility is at 81, September is at 60; compared to its 52-week range of 37 to 84 into the expected release of quarterly results today after the close.​
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Agilent (A) August call option implied volatility is at 94, September is at 36; compared to its 52-week range of 17 to 41 into the expected release of quarterly results today after the bell. Call put ratio 1 call to 1.7 puts.​

Canopy Growth (CGC) August call option implied volatility is at 147, September is at 65; compared to its 52-week range of 41 to 110 into the expected release of quarterly results today after the bell. Call put ratio 2.5 calls to 1 put.​

Dillards (DDS) August put option implied volatility is at 118, September is at 71; compared to its 52-week range of 35 to 73 into the expected release of quarterly results soon. Call put ratio 1 call to 3.2 puts.​

NetApp (NTAP) August call option implied volatility is at 103, September is at 46; compared to its 52-week range of 22 to 63 into the expected release of quarterly results today after the bell.​

Canadian Solar (CSIQ) August call option implied volatility is at 144, September is at 58; compared to its 52-week range of 35 to 78 into the expected release of quarterly results before the bell on August 15.​

J.C.Penney (JCP) August call option implied volatility is at 500 , September is at 400; compared to its 52-week range of 65 to 181 into the expected release of quarterly results on August 15.​

NVIDIA (NVDA) August call option implied volatility is at 114, September is at 50; compared to its 52-week range of 26 to 86 into the expected release of quarterly results after the bell on August 15.​

Tapestry (TPR) August call option implied volatility is at 138, September is at 50; compared to its 52-week range of 19 to 59 into the expected release of quarterly results before the bell on August 15. Call put ratio 1 call to 3.8 puts. ​

Walmart (WMT) August call option implied volatility is at 72, September is at 29; compared to its 52-week range of 14 to 30 into the expected release of quarterly results before the bell on August 15. Call put ratio 2.2 calls to 1 put. ​

Alibaba (BABA) August call option implied volatility is at 85, September is at 41; compared to its 52-week range of 24 to 58 into the expected release of quarterly results before the bell on August 15. Call put ratio 3.5 calls to 1 put with focus on August 135 calls. ​

Applied Materials (AMAT) August call option implied volatility is at 93, September is at 41; compared to its 52-week range of 25 to 55 into the expected release of quarterly results before the bell on August 15.​

Deere (DE) August call option implied volatility is at 82, September is at 38; compared to its 52-week range of 21 to 44 into the expected release of quarterly results before the bell on August 16. Call put ratio 1 call to 2.2 puts.​

A closely watched section of the U.S. yield curve inverted on Wednesday for the first time in over 12 years, investors are already worried that a U.S.-China trade war might trigger a global recession.​
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A yield curve typically has an upward slope — when the yields are plotted on a graph — because investors expect greater compensation for the risk of owning longer-maturity debt. An inversion, when shorter-dated yields are higher than longer-dated ones, is considered a warning of a looming recession.​

Increasing unusual option volume: MTOR XON SWCH ELAN REAL EAT SWN ECA PVTL​
Increasing unusual call option volume: SWCH EAT XON ATUS CHGG DNKN AAN CBL EWH​
Increasing unusual put option volume: ELAN PVTL DELL IRDM VRSM FTR ​
Options with decreasing option implied volatility: COMM RVLV​
Active options: AAPL BAC AMD FB MSFT SWN BABA M AMZN NFLX TSLA DIS GE ECA JD UBER C MU T ROKU ​
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