Mid-session IV Report August 14, 2024

Mid-session IV Report August 14, 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: RILY LQDA EWCZ HA

Popular stocks with increasing volume: SBUX CMG DKNG SMCI HOOD WDC INTC ARM SOFI MU

Active options: NVDA TSLA AAPL AMD SBUX META AMZN WDC PLTR GOOGL GOOG INTC MU SOFI ARM MSFT CMG DKNG SMCI HOOD

Movers

Starbucks (SBUX) 30-day option implied volatility is at 30; compared to its 52-week range of 15 to 43 a day after CEO change. Call put ratio 1 call to 1.9 put on 200K contracts as share price down 4.2%.

Chipotle Mexican Grill (CMG) 30-day option implied volatility is at 37; compared to its 52-week range of 15 to 54 a day after CEO leaves for Starbucks (SBUX). Call put ratio 2.6 call to 1 put on 71K contracts.

Option IV into quarter results

Cisco (CSCO) August calls option implied volatility is at 113, September is at 33; compared to its 52-week range of 14 to 43 into expected release of quarter results today after the bell. Call put ratio 1 call to 1.1 puts.

Walmart (WMT) August calls option implied volatility is at 94, 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 94, September is at 36; compared to its 52-week range of 27 to 47 into expected release of quarter results the bell on August 15. Call put ratio 4 calls to 1 put with a focus on August 88 calls and August 74 puts.

Applied Materials (AMAT) August calls option implied volatility is at 93, 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 1.7 calls to 1 put with a focus on August 200 calls.

Deere (DE) August calls option implied volatility is at 90, September is at 31; 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 1.2 calls to 1 put with focus on August options.

JD.com (JD) August calls option implied volatility is at 111, 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 3.5 calls to 1 put with focus on August 26 calls.

Tapestry (TPR) August calls option implied volatility is at 120, 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.

Johnson & Johnson (JNJ) 30-day option implied volatility is at 16; compared to its 52-week range of 12 to 23 into a talc settlement draws near. Call put ratio 1 call to 3.2 puts with a focus on August 155 and August 23 weekly 155 puts.

U.S. Steel (X) 30-day option implied volatility is at 38; compared to its 52-week range of 10 to 53. Call put ratio 1 call to 2.3 puts with focus on August 32 puts and October 30 puts.

Options with decreasing option implied volatility: IOVA SAVA FSLY SG DUOL MGNI PCT U ASPN APP AKAM MNDY TTD SPCE SE SOUN BMBL AKAM ARRY HOOD
Increasing unusual option volume: FLUT K URTY CRMD XP TSEM EAT GFI UBS OMC
Increasing unusual call option volume: K URTY FLUT UBS VSCO CRMD XP GFI TSEM EAT VERI WDC OKE GLBE LUMN CAH ALL
Increasing unusual put option volume: OUST EAT LQDA FVRR LUMN CAH SBLK FSLY