Mid-session IV Report August 19, 2020

Mid-session IV Report August 19, 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: KIRK PLUG TGH NVDA ROST DE PDD

Popular stocks with increasing unusual volume: CREE XPO KSU GOLD PINS PLUG SNAP

Apple (AAPL) August call option implied volatility is at 36, September is at 35; compared to its 52-week range of 18 to 90 into 4 for 1 stock split. Call put ratio 2.9 calls to 1 put after trades above the $2T market cap level.

NVIDIA (NVDA) August call option implied volatility is at 104, September is at 52; compared to its 52-week range of 28 to 110 into the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put.

Option implied volatility into quarter results and outlook

L Brands (LB) August call option implied volatility is at 133, September is at 66; compared to its 52-week range of 43 to 203 into the expected release of quarter results today after the bell. Call put ratio 1 call to 7.9 puts with focus on August 27 puts.

Alibaba (BABA) August call option implied volatility is at 77, 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 3.8 calls to 1 put with focus on August 260 and 265 calls.

Estee Lauder (EL) August call option implied volatility is at 83, September is at 34; compared to its 52-week range of 39 to 100 into the expected release of quarter results before the bell on August 20. Call put ratio 3.5 calls to 1 put.

Melco Resorts (MLCO) August call option implied volatility is at 77, September is at 58; compared to its 52-week range 32 to 158 into the expected release of quarter results before the bell on August 20. Call put ratio 14.6 calls to 1 put.

Ross Stores (ROST) August call option implied volatility is at 75, September is at 39; compared to its 52-week range of 17 to 89 into the expected release of quarter results after the bell on August 20. Call put ratio 4 calls to 1 put.

Deere (DE) August call option implied volatility is at 69, September is at 34; compared to its 52-week range of 20 to 158 into the expected release of quarter results before the bell on August 21. Call put ratio 3.3 calls to 1 put.

Pinduoduo (PDD) August call option implied volatility is at 198, September is at 78; compared to its 52-week range of 38 to 85 into the expected release of quarter results before the bell on August 21. Call put ratio 1.9 calls to 1 put.

Oil-Energy IV into key producer countries’ ministerial meeting later in the day

United States Oil Fund (USO) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 248 amid WTI oil trading at $42.50. Call put ratio 3.3 calls to 1 put into key producer countries’ ministerial meeting.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 34; compared to its 52-week range of 15 to 130. Call put ratio 2.4 calls to 1 put.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 42; compared to its 52-week range of 28 to 189.

BP plc (BP) 30-day option implied volatility is at 35; compared to its 52-week range of 15 to 154. Call put ratio 5.3 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 33; compared to its 52-week range of 15 to 112

ConocoPhillips (COP) 30-day option implied volatility is at 41; compared to its 52-week range of 21 to 151

Phillips 66 (PSX) 30-day option implied volatility is at 42; compared to its 52-week range of 17 to 119

Marathon Oil (MRO) 30-day option implied volatility is at 68; compared to its 52-week range of 30 to 268. Call put ratio 7.8 calls to 1 put.

Royal Dutch Petroleum (RDS.B) 30-day option implied volatility is at 33; compared to its 52-week range of 13 to 112. Call put ratio 24 calls to 1 put.

Total (TOT) 30-day option implied volatility is at 45; compared to its 52-week range of 14 to 124
ExxonMobil (XOM) 30-day option implied volatility is at 45; compared to its 52-week range of 15 to 111

Zoom (ZM) August call option implied volatility is at 51, September is at 70; compared to its 52-week range of 36 to 137. Call put ratio 3.4 calls to 1 put with focus on August 280 calls.

Wayfair (W) August call option implied volatility is at 66, September is at 62; compared to its 52-week range of 41 to 209 as shares rally 2.3%.

Increasing unusual option volume: GRWG A VST GT CREE MNTA
Increasing unusual call option volume: GRWG A VST TGT XPO
Increasing unusual put option volume: BMRN GT DVN CREE KSU
Options with decreasing option implied volatility: AEO LOW TGT JMIA FTCH LYFT MNTA
Active options: AAPL FB TGT TSLA BAC AAL MSFT WMT AMZN BA NIO TWTR AMD SNAP KODK PINS PLUG NVDA GILD GOLD