Mid-session IV Report August 19, 2024

Mid-session IV Report August 19, 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: RKLB INSM ACB IEP

Popular stocks with increasing volume: MU INTC AVGO SOFI AMC

Active options: NVDA TSLA AMD AAPL PLTR GOOGL CLOV FUBO META AMZN MU INTC AVGO MARA GOOG SOFI NIO ASTS LUMN AMC

Option IV into quarter results

Palo Alto Networks (PANW) August 23 weekly call option implied volatility is at 107, September is at 52; compared to its 52-week range of 25 to 60 into the expected release of quarter results today after the bell. Call put ratio 1.4 calls to 1 put with focus on August 340 calls.

Lowes (LOW) August 23 weekly call option implied volatility is at 51, September is at 26; compared to its 52-week range of 17 to 39 into the expected release of quarter results before the bell on August 20. Call put ratio 1 call to 1.6 puts.

Medtronic (MDT) August 23 weekly call option implied volatility is at 44, September is at 22; compared to its 52-week range of 15 to 31 into the expected release of quarter results before the bell on August 20. Call put ratio 2.5 calls to 1 put.

Alcon (ALC) September call option implied volatility is at 31, October is at 26; compared to its 52-week range of 16 to 105 into the expected release of quarter results after the bell on August 20.

Toll Brothers (TOL) August 23 weekly call option implied volatility is at 64, September is at 40; compared to its 52-week range of 26 to 57 into the expected release of quarter results before the bell on August 20.

Vipshop (VIPS) September call option implied volatility is at 49, October is at 45; compared to its 52-week range of 33 to 69 into the expected release of quarter results after the bell on August 20.

Coty (COTY) September call option implied volatility is at 45, October is at 42; compared to its 52-week range of 24 to 55 into the expected release of quarter results after the bell on August 20.

Xpeng (XPEV) August 23 weekly call option implied volatility is at 124, September is at 76; compared to its 52-week range of 62 to 90 into the expected release of quarter results before the bell on August 20. Call put ratio 4.6 calls to 1 put with focus on August 23 weekly 7.5 and 8 calls.

TJX Companies (TJX) August 23 weekly call option implied volatility is at 55, September is at 26; compared to its 52-week range of 14 to 33 into the expected release of quarter results before the bell on August 21.

Analog Devices (ADI) August 23 weekly call option implied volatility is at 63, September is at 34; compared to its 52-week range of 20 to 52 into the expected release of quarter results before the bell on August 21. Call put ratio 4.3 calls to 1 put with focus on August 30 weekly 227 calls.

Target (TGT) August 23 weekly call option implied volatility is at 88, September is at 40; compared to its 52-week range of 19 to 52 into the expected release of quarter results before the bell on August 21.

Macy’s (M) August 23 weekly call option implied volatility is at 120, September is at 63; compared to its 52-week range of 35 to 77 into the expected release of quarter results before the bell on August 21.

Movers

AMD (AMD) 30-day option implied volatility is at 44; compared to its 52-week range of 34 to 64 after announcing its acquiring ZT Systems for $4.9B in cash and stock. Call put ratio 2.5 calls to 1 put as share price up 3%.

Fastly, Inc. (FSLY) 30-day option implied volatility is at 60; compared to its 52-week range of 48 to 130. Call put ratio 20.8 calls to 1 put with focus on August 23 weekly 7.5 calls.

Option implied volatility flat for cybersecurity companies into Palo Alto Networks (PANW) results

F5 Networks (FFIV) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 61 into Palo Alto Networks (PANW) quarter results.

Okta, Inc. (OKTA) 30-day option implied volatility is at 62; compared to its 52-week range of 28 to 77 into Palo Alto Networks (PANW) quarter results.

CrowdStrike Holdings Inc. (CRWD) 30-day option implied volatility is at 59; compared to its 52-week range of 29 to 74 into Palo Alto Networks (PANW) quarter results.

Fortinet (FTNT) 30-day option implied volatility is at 23; compared to its 52-week range of 23 to 62 into Palo Alto Networks (PANW) quarter results.

Check Point (CHKP) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 32. Call put ratio 3.7 calls to 1 put.

Options with decreasing option implied volatility: DLO OKLO SAVA ACB COHR LUMN ONON EL SE GLNG
Increasing unusual option volume: BBD FUBO LQDA LLAP CLOV ITUB EBS CENX METC
Increasing unusual call option volume: FUBO CENX CLOV LQDA WB LPSN RKLB DB
Increasing unusual put option volume: CLOV LQDA FUBO BIG RKLB BIG IEP SNY CPRT