Mid-session IV Report August 22, 2019​

Mid-session IV Report August 22, 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.​
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Options with increasing option implied volatility: CRM BBBU CBLK KRE GPS AFL JWN JNJ GPS DKS LB PBR FL JNJ​

Popular stocks with increasing unusual volume: DKS GRPN TGT SPLK GPS BA CRM ​

Apple (AAPL) August weekly call option implied volatility is at 26, September is at 25; compared to its 52-week range of 16 to 46. For the last six years, Apple has announced the new iPhones at an event in the first half of September. The new iPhones typically go up for preorder shortly after, and ship to stores and customers in late September or early October, says Macworld.​

Tesla (TSLA) August weekly call option implied volatility is at 50, September is at 45; compared to its 52-week range of 41 to 86 after VW denies it is interested in Tesla stake – Reuters.​ Call put ratio 1 to 1.
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Financial Select Sector SPDR ETF (XLF) August weekly call option implied volatility is at 18, September is at 19; compared to its 52-week range 13 to 34. Call put ratio 1 call to 3.8 puts with focus on December 22 puts into Fed speak from Jackson Hole.​
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PG&E Corp. (PCG) August weekly call option implied volatility is at 100, puts 124, September is at 95, puts 99; compared to its 52-week range of 28 to 201. Call put ratio 3.3 calls to 1 put with focus on September 16 calls. ​
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HP (HPQ) August weekly call option implied volatility is at 123, September is at 31; compared to its 52-week range of 17 to 44 into the expected release of quarter financial results today after the bell. Call put ratio 2.4 calls to 1 put with focus on August weekly 20 calls. ​

Intuit (INTU) August weekly call option implied volatility is at 107, September is at 32; compared to its 52-week range of 18 to 46 into the expected release of quarter financial results today after the bell. Call put ratio 1 call to 3 puts with focus on September 240 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 financial results today after the bell. Call put ratio 10.5 calls to 1 put with focus on September 120 calls.​

Salesforce (CRM) August weekly call option implied volatility is at 115, September is at 36; compared to its 52-week range of 22 to 56 into the expected release of quarter financial results today after the bell. Call put ratio 2.7 calls to 1 put with focus on August weekly 148 and September 145 calls. ​

Salesforce (CRM) 30 days IV call 36 +1.2%, puts 35 +1%, +14 strikes +100 contracts into EPS​
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VMWare (VMW) August weekly call option implied volatility is at 127, September is at 41; compared to its 52-week range of into the expected release of quarter financial results today after the bell. Call put ratio 1 call to 1.2 puts. ​

Buckle (BKE) September call option implied volatility is at 46, October is at 45; compared to its 52-week range of 37 to 63 into the expected release of quarter financial results before the bell on August 23. Call put ratio 10 calls to 1 put with focus on September 20 calls. ​

Footlocker (FL) August weekly call option implied volatility is at 286, September is at 68; compared to its 52-week range of 26 to 77 into the expected release of quarter results before the bell on August 23. Call put ratio 2.8 calls to 1 put with focus on August weekly 41.50 calls. ​

Williams-Sonoma (WSM) September call option implied volatility is at 38, October is at 33; compared to its 52-week range of 26 to 55 into the expected release of quarter results before the bell on August 23.​

Palo Alto Networks (PANW) August weekly call option implied volatility is at 35, September is at 41, September weekly is at 50; compared to its 52-week range of 23 to 56 into the expected release of quarter financial results on September 4. Call put ratio 3.5 calls to 1 put with focus on January 230 calls.​

Xeris Pharmaceuticals Inc. (XERS) 30 day call option implied volatility is at 128; compared to its 52-week range of 126 to 213.​
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Nordstrom (JWN) 30 days IV call 40.5 -30%, puts 41 -29%, +10 strikes above +300 contracts as shares rally 11% after EPS and outlook​.

Increasing unusual option volume: SWCH ELF PSTG FLY GLW DKS JWN SPLK BJ CBLK GRPN​
Increasing unusual call option volume: BJ SWCH GPS CBLK GLW ROST CBLK PSTG GRPN FLY​
Increasing unusual put option volume: ALL WUBA KN LB AMZA CNC KEYS IMMR ALL WUBA TEAM​
Options with decreasing option implied volatility: RTRX PCG HOME YPF VHC SE IQ JWN GE AVYA DKS KSS WB LB SPLK KEYS​ JWN
Active options: AAPL TSLA SNAP JWN TGT GE AMD SPLK MSFT BA CRM BAC NVDA FB AMZN NFLX MU DKS LB GRPN GPS SPLK​
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