Mid-session IV Report August 24, 2020

Mid-session IV Report August 24, 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: BLNK RKT TCO AAPL SHY LI NVAX LL RUTH AAL

Popular stocks with increasing unusual volume: GE AAL ALLY BA CCL DAL NCLH

AAPL and TSLA option implied volatility into stock splits

Apple (AAPL) August weekly call option implied volatility is at 67, September is at 51; compared to its 52-week range of 18 to 90 into 4 for 1 stock split. Call put ratio 2.8 calls to 1 put as shares rise 1%.

Tesla (TSLA) August weekly call option implied volatility is at 95, September is at 83; compared to its 52-week range of 34 to 154 into 5 for 1 stock split. Call put ratio 2 calls to 1 put. Tesla will host a Battery Day event after its annual meeting on September 22.

IV into quarter results

GSX Techedu Inc. (GSX) September call option implied volatility is at 122, October is at 110; compared to its 52-week range 61 to 167 into the expected release of quarter results on August 24. Call put ratio 1 call to 3.5 puts with focus on September 80 puts.

Palo Alto Networks (PANW) August weekly call option implied volatility is at 82, September is at 42; compared to its 52-week range of 20 to 83 into the expected release of quarter results today after the bell.

Autodesk (ADSK) August weekly call option implied volatility is at 84, September is at 56; compared to its 52-week range of 21 to 89 into the expected release of quarter results after the bell on August 25.

Autohome (ATHM) September call option implied volatility is at 53, October is at 49; compared to its 52-week range of 35 to 84 into the expected release of quarter results before the bell on August 25. Call put ratio 1 call to 25 put with focus on September 40 puts.

Best Buy (BBY) August weekly call option implied volatility is at 85, September is at 43; compared to its 52-week range of 23 to 106 into the expected release of quarter results before the bell on August 25. Call put ratio 2.6 calls to 1 put.

Hain Celestial (HAIN) September call option implied volatility is at 42, October is at 34; compared to its 52-week range of 27 to 98 into the expected release of quarter results before the bell on August 25. Call put ratio 10.3 calls to 1 put.

Hewlett Packard Enterprise (HPE) August weekly call option implied volatility is at , September is at ; compared to its 52-week range of 23 to 187 into the expected release of quarter results after the bell on August 25.

Hormel (HRL) August weekly call option implied volatility is at 42, September is at 25; compared to its 52-week range of 15 to 69 into the expected release of quarter results before the bell on August 25. Call put ratio 5.2 calls to 1 put.

Inuit (INTU) August weekly call option implied volatility is at 57, September is at 34; compared to its 52-week range of 19 to 93 into the expected release of quarter results after the bell on August 25. Call put ratio 1 calls to 2.1 put.

J.M. Smucker (SJM) August weekly call option implied volatility is at 27, September is at 22; compared to its 52-week range of 18 to 61 into the expected release of quarter results on August 25. Call put ratio 2.3 calls to 1 put.

Medtronic (MDT) August weekly call option implied volatility is at 43, September is at 28; compared to its 52-week range of 15 to 88 into the expected release of quarter results on August 25.

Nordstrom (JWN) August weekly call option implied volatility is at 138, September is at 95; compared to its 52-week range of 32 to 171 into the expected release of quarter results after the bell on August 25. Call put ratio 2.3 calls to 1 put.

Pure Storage (PSTG) September call option implied volatility is at 77, October is at 67; compared to its 52-week range 31 to 113 into the expected release of quarter results after the bell on August 25. Call put ratio 5.4 calls to 1 put with focus on August weekly and September 20 calls.

Salesforce (CRM) August weekly call option implied volatility is at 63, September is at 38; compared to its 52-week range of 18 to 26 into the expected release of quarter results after the bell on August 25. Call put ratio 2.4 calls to 1 put with focus on August weekly and September 210 calls.

Toll Brothers (TOL) August weekly call option implied volatility is at 85, September is at 53; compared to its 52-week range of 21 to 146 into the expected release of quarter results on August 25. Call put ratio 2.9 calls to 1 put with focus on August weekly 44 calls.

Urban Outfitters (URBN) August weekly call option implied volatility is at 92, September is at 67; compared to its 52-week range of 35 to 109 into the expected release of quarter results after the bell on August 25. Call put ratio 1 call to 5.4 puts with focus on August weekly 20 puts.

Grifols (GRFS) 30-day option implied volatility is at 53; compared to its 52-week range of 20 to 75 after EUA issued for convalescent plasma to treat COVID. Call put ratio 3.9 calls to 1 put as shares rally 3%.

ADMA Biologics (ADMA) 30-day option implied volatility is at 225; compared to its 52-week range of 59 to 287 after EUA issued for convalescent plasma to treat COVID. Call put ratio 6.5 calls to 1 put as shares rally 26%.

Takeda Pharmaceutical Co. Ltd. (TAK) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 76 after EUA issued for convalescent plasma to treat COVID. Call put ratio 937 calls to 1 put.

XBiotech (XBIT) call put ratio 24 calls to 1 put after EUA issued for convalescent plasma to treat COVID.

Increasing unusual option volume: GRWG OMC FLR HP BURL
Increasing unusual call option volume: GRWG ADMA ANGI LB HST PLNT
Increasing unusual put option volume: OMC FLR GOGO FSM BURL PANW RIG
Options with decreasing option implied volatility: CLVS PDD BJ ROST WMT HD LQD
Active options: AAPL FB TSLA AAL NIO BAC BA MSFT BABA AMZN AMD INTC NVDA TWTR GE WFC CCL JPM DAL NCLH