Mid-session IV Report August 23, 2024

Mid-session IV Report August 23, 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: TEM LUNR VKTX X FDX IEP ACI K PRMW

Popular stocks with increasing volume: BABA ROKU MU PFE INTC SNOW MSFT AVGO ZM

Active options: NVDA TSLA AAPL AMD AMZN META LUMN BABA ROKU PTON CAVA MU PFE PLTR INTC SNOW MSFT PDD AVGO ZM

Fin-tech option IV after FOMC Jerome Powell speech.

Affirm Holdings (AFRM) 30-day option implied volatility is at 89; compared to its 52-week range of 60 to 118. Call put ratio 7.7 calls to 1 put with focus on September 31.50 calls.

Upstart Holdings (UPST) 30-day option implied volatility is at 76; compared to its 52-week range of 62 to 135. Call put ratio 4.4 calls to 1 put with a focus on August 23 weekly 39.50 calls as share price up 2.2%.

PayPal (PYPL) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 57. Call put ratio 2.4 calls to 1 put August 23 weekly calls.

Block (SQ) 30-day option implied volatility is at 40; compared to its 52-week range of 37 to 80. Call put ratio 3.4 calls to 1 put with focus on August 30 weekly 65 calls.

SoFi Technologies (SOFI) 30-day option implied volatility is at 42; compared to its 52-week range of 40 to 100. Call put ratio 4.1 calls to 1 put as share price up 3%.

Robinhood (HOOD) 30-day option implied volatility is at 49; compared to its 52-week range of 35 to 95. Call put ratio 4.1 calls to 1 put with focus on November 28 calls as share price up 3.5%.

Redfin (RDFN) 30-day option implied volatility is at 78; compared to its 52-week range of 57 to 114. Call put ratio 1.4 calls to 1 put with focus on January 30 calls as share price up 15%.

Rocket Companies (RKT) 30-day option implied volatility is at 50; compared to its 52-week range of 35 to 68. Call put ratio 6.2 calls to 1 put with focus on August 23 weekly 20 calls.

Zillow (Z) 30-day option implied volatility is at 36; compared to its 52-week range of 33 to 87. Call put ratio 3.1 calls to 1 as share price up 4.8% after FOMC Jerome Powell speech.

Option IV into quarter results

Pinduoduo (PDD) August 30 weekly call option implied volatility is at 79, September is at 49; compared to its 52-week range of 30 to 77 into the expected release of quarter results before the bell on August 26.

BHP Group (BHP) September call option implied volatility is at 26, October is at 25; compared to its 52-week range of 22 to 70 into the expected release of quarter results after the bell on August 26.

Trip.com Group (TCOM) September call option implied volatility is at 43, October is at 39; compared to its 52-week range of 29 to 67 into the expected release of quarter results after the bell on August 26.

iShares Russell 2000 (RUT) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 38. Call put ratio 1 call to 1.1 puts with focus on August 23 weekly 2150 and 2180 calls as share price up 2.5%.

Options with decreasing option implied volatility: DNA LQDA BILL AAP RKLB HUMA SNOW MP PANW EL VTRS HA TGT OKLO ZIM ZM M WDAY ROST
Increasing unusual option volume: GDS LUMN OLLI TRU GFI ROST PL NCNO BEN ZION LUNR RDFN
Increasing unusual call option volume: LUMN ZION BEN GFI ROST XLB MLCO FVRR BE EC
Increasing unusual put option volume: OLLI EWW SBLK PTON AAP LUNR GFI BILL ROST CAVA