Mid-session IV Report August 26, 2021

Mid-session IV Report August 26, 2021

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: SPRT AMC GME CLDR KOPN RIDE SLQT FCEL SKIN BSY

Popular stocks with increasing volume: PFE PLTR ZM F SPRT DKNG PINS MU MRNA

Option IV, volume and share price movers

Alibaba (BABA) August weekly call option implied volatility is at 57, September is at 43; compared to its 52-week range of 24 to 67 as shares sell off 2%. Call put ratio 1.5 calls to 1 put.

Moderna (MRNA) 30-day option implied volatility is at 67; compared to its 52-week range of 51 to 131 as shares trade $395.

GameStop (GME) 30-day option implied volatility is at 139; compared to its 52-week range of 91 to 552. Call put ratio 2.6 calls to 1 put.

AMC Entertainment (AMC) 30-day option implied volatility is at 171; compared to its 52-week range of 85 to 726. Call put ratio 3 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 99; compared to its 52-week range of 48 to 478. Call put ratio 5 calls to 1 put.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 70; compared to its 52-week range of 57 to 303. Call put ratio 3.8 calls to 1 put with focus on October 40 calls.

DraftKings (DKNG) 30-day option implied volatility is at 49; compared to its 52-week range of 47 to 111. Call put ratio 2 calls to 1 put.

Lordstown Motors (RIDE) 30-day option implied volatility is at 138; compared to its 52-week range of 95 to 241. Call put ratio 2.7 calls to 1 put.

Option IV into quarter results and outlook

Dell (DELL) September call option implied volatility is at 36, October is at 31; compared to its 52-week range of 22 to 58 into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

HP Inc (HPQ) August weekly call option implied volatility is at 139, September is at 43; compared to its 52-week range of 23 to 63 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put.
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Peloton (PTON) August weekly call option implied volatility is at 177, September is at 66; compared to its 52-week range of 50 to 149 into the expected release of quarter results today after the bell.

VMWare (VMW) August weekly call option implied volatility is at 121, September is at 32; compared to its 52-week range of 20 to 55 into the expected release of quarter results today after the bell.

Workday (WDAY) August weekly call option implied volatility is at 115, September is at 41; compared to its 52-week range of 27 to 53 into the expected release of quarter results today after the bell.

Big Lots (BIG) September call option implied volatility is at 67, October is at 54; compared to its 52-week range of 40 to 91 into the expected release of quarter results before the bell on August 28.

Increasing unusual option volume: SLQT KOPN URBN DK COTY ULTA ANF RAD RIDE GPS JWN RAD
Increasing unusual call option volume: SLQT KPON WLTW URBN ZKIN ULTA COTY WSM
Increasing unusual put option volume: URBN ROST GIS SPRT ANF DLTR DG PSTG AEO
Options with decreasing option implied: MUDS TGTX FTCH REE PDD DKS
Active options: AAPL AMC CRM TSLA AMD RIDE NVDA SNOW BAC PFE PLTR BABA ZM F SPRT DKNG JPM PINS MU MRNA