Mid-session IV Report August 18, 2020

Mid-session IV Report August 18, 2020

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: AMZN X ORCL CHL RXT NVDA TGT LOW ROST

Popular stocks with increasing unusual volume: GOLD GM ORCL HD CLF ROKU ZM CRM KODK

Option volume and IV increases into quarter results

NVIDIA (NVDA) August call option implied volatility is at 87, September is at 51; compared to its 52-week range of 28 to 110 into the expected release of quarter results after the bell on August 19. Call put ratio 2.3 calls to 1 put.

Target (TGT) August call option implied volatility is at 71, September is at 34; compared to its 52-week range of 36 to 19 into the expected release of quarter results before the bell on August 19. Call put ratio 2.3 calls to 1 put.

Analog Devices (ADI) August call option implied volatility is at 45, September is at 31; compared to its 52-week range of 22 to 94 into the expected release of quarter results before the bell on August 19.

L Brands (LB) August call option implied volatility is at 105, September is at 62; compared to its 52-week range of 43 to 203 into the expected release of quarter results after the bell on August 19. Call put ratio 1 call to 4.6 puts with focus on August 29 puts.

Lowes (LOW) August call option implied volatility is at 71, September is at 34; compared to its 52-week range of 18 to 129 into the expected release of quarter results before the bell on August 19. Call put ratio 3.8 calls to 1 put.

TJX (TJX) August call option implied volatility is at 73, September is at 35; compared to its 52-week range of 16 to 121 into the expected release of quarter results before the bell on August 19.

Vipshop (VIPS) August call option implied volatility is at 121, September is at 64; compared to its 52-week range 38 to 90 into the expected release of quarter results before the bell on August 19. Call put ratio 1.7 calls to 1 put.

Alibaba (BABA) August call option implied volatility is at 66, September is at 41; compared to its 52-week range of 22 to 63 into the expected release of quarter results on August 20. Call put ratio 4.1 calls to 1 put.

Cloud based software providers

DocuSign (DOCU) 30-day option implied volatility is at 66; compared to its 52-week range 28 to 108.

Slack Technologies (WORK) 30-day option implied volatility is at 71; compared to its 52-week range of 45 to 150

CrowdStrike (CRWD) 30-day option implied volatility is at 66; compared to its 52-week range of 50 to 118

Increasing unusual option volume: CHL KNDI GRWG CHD AAP
Increasing unusual call option volume: GRWG CHD MCRB AAP KNDI ORCL
Increasing unusual put option volume: DDS AAP VFC DKS WMT TEVA
Options with decreasing option implied volatility: WMT KSS HD AEO CRON FTCH
Active options: WMT TSLA AAPL AMZN NIO ORCL BAC JD MSFT GOLD ORCL AMD UBER ZM HD CLF BA ROKU