Mid-session IV Report August 20, 2018

Mid-session IV Report August 20, 2018

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 overlooked information.

Options with increasing option implied volatility: NLY FOX HPE QCOM ADSK AGN DDD PPG EXEL QCOM VKTX

Popular stocks with increasing unusual option volume: FLEX QCOM VIPS JNJ TEVA

Tesla (TSLA) weekly option implied volatility increases as major tech stock option implied volatility flat

Tesla (TSLA) August weekly call option implied volatility is at 88, September is at 66; compared to its 52-week range of 32 to 71. Call put ratio 1 call to 1.43 puts with focus on August 300 and 305 puts after Reuters reported that Saudi Arabia’s PIF is in talks to invest in an aspiring Tesla rival and after JPMorgan reduced it’s price target to $195 from $308.

International Business Machines (IBM) August weekly call option implied volatility is at 16, September is at 14; compared to its 52-week range of 12 to 32.

Alphabet (GOOG) August weekly call option implied volatility is at 23, August is at 20; compared to its 52-week range of 14 to 39. Call put ratio 1 call to 1 put.

Netflix (NFLX) August weekly call option implied volatility is at 40, September is at 32; compared to its 52-week range of 22 to 64. Call put ratio 1.4 calls to 1 put on active August weekly 325 calls and 320 puts.

Facebook (FB) August weekly call option implied volatility is at 33, September is at 26; compared to its 52-week range of 16 to 44

Twitter (TWTR) August weekly call option implied volatility is at 43, August is at 39; compared to its 52-week range of 33 to 84. Call put ratio 2 calls to 1 put with focus on August weekly 33 calls.

Newmont Mining (NEM) 30 day call option implied volatility is at 25; compared to its 52-week range of 19 to 36 as gold at 18-month lows.

Barrick Gold (ABX) 30 day call option implied volatility is at 31; compared to its 52-week range of 21 to 42. Call put ratio 1.8 calls to 1 put with focus on September 11 calls.

Randgold (GOLD) 30 day call option implied volatility is at 20; compared to its 52-week range of 20 to 34
AngloGold (AU) 30 day call option implied volatility is at 42; compared to its 52-week range of 31 to 51

Proshares Ultra Short 20 Year Treasury ETF (TBT) volatility flat into “summer camp for central bankers”

Proshares Ultra Short 20 Year Treasury ETF (TBT) August weekly call option implied volatility is at 17, September is at 13; compared to its 52-week range of 17 to 30 into the Fed’s Jackson Hole symposium begins Thursday. The event in Wyoming, sometimes characterized as “summer camp for central bankers,” will be the first time Mr. Powell speaks at the annual meeting of policy leaders. Minutes from the Fed’s latest meeting are released on Wednesday. Call put ratio 5.4 calls to 1 put.

iShares 20+ Year Treasury Bond Fund (TLT) August weekly call option implied volatility is at 10, September is at 9; compared to its 52-week range of 9 to 16 into Fed’s Jackson Hole symposium on Thursday. Call put ratio 1 call to 1.6 puts.

Increasing unusual call option volume: JNJ MU PSEC CA AFL CATM SODA KRO TRP RPM
Increasing unusual put option volume: VIPS FLEX HIBB MEET AFL
Options with decreasing option implied volatility: SODA EL CA USB FXI FAS DUST HYG
Active options: AAPL TSLA FB FLEX BAC NFLX BABA MU NVDA QCOM AMD AMZN GE MSFT JD VIPS T PFE TEVA JNJ