Mid-session IV Report August 20, 2020

Mid-session IV Report August 20, 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: PDD DE TGTX TCO TCO

Popular stocks with increasing unusual volume: UBER FSLY TGT RKT EL

Rocket Companies (RKT) August call option implied volatility is at 125, September is at 95; compared to its 3-week range of 79 to 111 as shares rally 7.5%. Call put ratio 10.2 calls to 1 put with focus on August 22, 23, 24 and 25 calls.

Bank IV into next week’s annual gathering of central bankers in Jackson Hole, Wyoming

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 27; compared to its 52-week range of 13 to 111 into next week’s annual gathering of central bankers in Jackson Hole, Wyoming. Call put ratio 1 call to 3.1 puts.

Spdr S&P Bank Etf (KBE) 30-day option implied volatility is at 37; compared to its 52-week range of 16 to 125. Call put ratio 47 calls to 1 put.

Bank of America (BAC) 30-day option implied volatility is at 24; compared to its 52-week range of 17 to 124.
Citigroup (C) 30-day option implied volatility is at 37; compared to its 52-week range of 18 to 146.

Goldman Sachs (GS) 30-day option implied volatility is at 29; compared to its 52-week range of 18 to 116. Call put ratio 3.8 calls to 1 put.

JPMorgan (JPM) 30-day option implied volatility is at 32; compared to its 52-week range of 15 to 119 into next week’s annual gathering of central bankers in Jackson Hole, Wyoming. Call put ratio 2.4 calls to 1 put.

Option implied volatility into quarter results and outlook

Ross Stores (ROST) August call option implied volatility is at 95, September is at 38; compared to its 52-week range of 17 to 89 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put.

Deere (DE) August call option implied volatility is at 80, 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 1 call to 1 put.

Pinduoduo (PDD) August call option implied volatility is at 266, September is at 81; 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 call to 2.4 put.

Increasing unusual option volume: GRWG MXIM IMAX KAR GFL GT KNDI
Increasing unusual call option volume: GRWG IMAX MIK KAR EB BJ EL
Increasing unusual put option volume: SABR GT BJ BLNK HIG EL
Options with decreasing option implied volatility: HPE CODX PRPL FTCH BJ SE JD WMT HD TGT
Active options: AAPL INTC NVDA BABA ZM TSLA FB BAC AMD BA SQ NIO TGT MU GE AAL AMZN MSFT FSLY UBER