Mid-session IV Report August 21, 2019

Mid-session IV Report August 21, 2019

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: CRM CONE JWN GPS LB DKS

Popular stocks with increasing unusual volume: PCG PDD LOW TGT

Market Vectors Gold Miners ETF (GDX) August weekly call option implied volatility is at 38, September is at 32; compared to its 52-week range of 21 to 36. Call put ratio 1.8 calls to 1 put with focus on August weekly 29.50 calls into FOMC releases minutes from monetary policy meeting at the end of July, EU data and Federal Reserve governor speeches at Jackson Hole.

S&P Dep Receipts (SPY) August weekly call option implied volatility is at 19, September is at 15; compared to its 52-week range of 9 to 32 into FOMC releases minutes from monetary policy meeting at the end of July, EU data and Federal Reserve governor speeches at Jackson Hole. Call put ratio 1 call to 1.6 puts.

PowerShares QQQ Trust (QQQ) August weekly call option implied volatility is at 24, September is at 19; compared to its 52-week range of 13 to 36 into FOMC releases minutes from monetary policy meeting at the end of July, EU data and Federal Reserve governor speeches at Jackson Hole. Call put ratio 1 call to 1.9 puts.

iShares Russell 2000 ETF (IWM) August weekly call option implied volatility is at 24, September is at 19; compared to its 52-week range of 12 to 34 into FOMC releases minutes from monetary policy meeting at the end of July, EU data and Federal Reserve governor speeches at Jackson Hole. Call put ratio 2.1 calls to 1 put with focus on August weekly 150 calls.

Target (TGT) August weekly call option implied volatility is at 53, September is at 29; compared to its 52-week range after better than expected quarter financial results and guidance. Call put ratio 1 to 1.

L Brands (LB) August weekly call option implied volatility is at 160, September is at 56; compared to its 52-week range of 31 to 69 into the expected release of quarterly results today after the bell.

Nordstrom (JWN) August weekly call option implied volatility is at 167, September is at 62; compared to its 52-week range of 28 to 68 into the expected release of quarterly results today after the bell.

Splunk (SPLK) August weekly call option implied volatility is at 128, September is at 47; compared to its 52-week range of 19 to 44 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put with focus on August weekly 129 calls.

Dicks Sporting Goods (DKS) August weekly call option implied volatility is at 138, September is at 52; compared to its 52-week range of 28 to 62 into the expected release of quarter results before the bell on August 22. Call put ratio 1.7 calls to 1 put with focus on August weekly calls.

Gap (GPS) August weekly call option implied volatility is at 165, September is at 55; compared to its 52-week range of 28 to 61 into the expected release of quarterly results on August 22.

Hormel Foods (HRL) August weekly call option implied volatility is at 67, September is at 28; compared to its 52-week range of 17 to 38 into the expected release of quarterly results before the bell on August 22. Call put ratio 1 call to 10 puts with focus on September 40 puts.

HP (HPQ) August weekly call option implied volatility is at 90, September is at 34; compared to its 52-week range of 17 to 44 into the expected release of quarterly results after the bell on August 22.

Intuit (INTU) August weekly call option implied volatility is at 80, September is at 33; compared to its 52-week range of 18 to 46 into the expected release of quarterly results after the bell on August 22. Call put ratio 1 call to 10 puts with focus on September 220 puts.

Ross Stores (ROST) September call option implied volatility is at 33, October is at 30; compared to its 52-week range of 19 to 40 into the expected release of quarter results after the bell on August 22.

Salesforce (CRM) August weekly call option implied volatility is at 83, September is at 34; compared to its 52-week range of 22 to 56 into the expected release of financial quarter results after the bell on August 22. Compared to its 52-week range of 2.7 calls to 1 put.

Toro (TTC) September call option implied volatility is at 25, October is at 22; compared to its 52-week range of 23 to 53 into the expected release of quarterly results before the bell on August 22.

VMWare (VMW) August weekly call option implied volatility is at 93, September is at 40; compared to its 52-week range of into the expected release of quarterly results after the bell on August 22. Call put ratio 4.2 calls to 1 put with focus on August weekly 150 calls.

Buckle (BKE) September call option implied volatility is at 48, October is at 44; compared to its 52-week range of 37 to 63 into the expected release of quarterly results before the bell on August 23.
Footlocker (FL) August weekly call option implied volatility is at 192, September is at 64; compared to its 52-week range of 26 to 77 into the expected release of quarterly results before the bell on August 23. Call put ratio 1 call to 1.8 puts with focus on August weekly 39 puts.

Williams-Sonoma (WSM) September call option implied volatility is at 40, October is at 37; compared to its 52-week range of 26 to 55 into the expected release of quarterly results before the bell on August 23.

SPY 30 days IV call 14.3 -1.4%, puts 14.6 -1.5%, +20 strikes +1K contracts into July FOMC minutes

QQQ 30 days IV call 18 -1.5%, puts 18 -1.5%, +14 strikes +1K contracts into July FOMC minutes

Options with decreasing option implied volatility: AVYA SE HIIQ KSS VIPS TPR IQ WB BIDU TGT KSS
Increasing unusual option volume: IMMR PDD TGT BJ TEF URBN WPC TOL TGT
Increasing unusual call option volume: PDD TOL DEO URBN AXL BJ ATUS
Increasing unusual put option volume: URBN TEF TGT FITB CREE AFL AKS KNX PCLE
Active options: TGT AAPL TSLA MSFT NVDA AMD AMZN FB LOW BIDU NFLX PDD GE HD JWN TWTR PCG ROKU BYND BAC