Mid-session IV Report August 28, 2019

Mid-session IV Report August 28, 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: COST DVA AMAG ADBE TEAM M AXTA VRTX​

Popular stocks with increasing unusual volume: COST GOLD GE RIF ACB MO PCG YPF BBBY REAL RAD DO FSLY M OILD GPRE INTU DVA YELP​

Costco (COST) option implied volatility and volume increases as shares at record high after China opening​
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Costco (COST) August weekly call option implied volatility is at 37, September is at 24; compared to its 52-week range of 14 to 32 a day after suspends operations on first day in China amid overcrowding. Call put ratio 3.8 calls to 1 put with focus on August weekly 300 and 302.50 calls as shares at record high. ​
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Macy’s (M) August weekly call option implied volatility is at 55, September is at 43; compared to its 52-week range of 30 to 61. Call put ratio 2.2 calls to 1 put with focus on August weekly 14.50 calls. ​
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Vertex (VRTX) August weekly call option implied volatility is at 24, puts 32, September weekly call option implied volatility is at 24, puts 35; compared to its 52-week range of 23 to 48 on wide share price movement. Call put ratio 1 call to 18 puts with focus on August weekly 170 puts on reports of FDA database showing deaths.​
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Yelp (YELP) August weekly call option implied volatility is at 57, September is at 39; compared to its 52-week range of 30 to 83. Call put ratio 13 calls to 1 put with focus on August weekly 33 calls. ​
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Philip Morris International (PM) August weekly call option implied volatility is at 48, September is at 31; compared to its 52-week range of 18 to 37 after confirms talks with Altria (MO) regarding potential merger of equals. Call put ratio 1 call to 2.3 puts with focus on September 80 puts.​
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Altria Group (MO) August weekly call option implied volatility is at 42, September is at 31; compared to its 52-week range of 17 to 39 after confirmed talks with Philip Morris International (PM) regarding merger of equals. Call put ratio 2.1 calls to 1 put with focus on August weekly 46 calls.​

British American Tobacco (BTI) September call option implied volatility is at 31, October is at 32; compared to its 52-week range of 21 to 52 after Altria Group (MO) and Philip Morris International (PM) confirmed talks regarding merger of equals. Call put ratio 1 call to 19 puts with focus on March 30 puts.​
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Box (BOX) September call option implied volatility is at 64, October is at 51; compared to its 52-week range of 32 to 81 into the expected release of quarter financial results today after the bell. ​
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Abercrombie & Fitch (ANF) August weekly call option implied volatility is at 246, September is at 88; compared to its 52-week range of 36 to 90 into the expected release of quarter financial results before the bell on August 29.​
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Ambarella (AMBA) August weekly call option implied volatility is at 143, September is at 57; compared to its 52-week range of 34 to 75 into the expected release of quarter financial results after the bell on August 29.​
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Best Buy (BBY) August weekly call option implied volatility is at 127, September is at 52; compared to its 52-week range of 23 to 57 into the expected release of quarter financial results before the bell on August 29. Call put ratio 2.9 calls to 1 put with focus on August weekly 69, 72.50 and 80 calls. ​

Burlington Stores (BURL) August weekly call option implied volatility is at 122, September is at 49; compared to its 52-week range of 23 to 51 into the expected release of quarter financial results before the bell on August 29. Call put ratio 4 calls to 1 put with focus on August weekly calls.​
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Dollar General (DG) August weekly call option implied volatility is at 95, September is at 35; compared to its 52-week range of 15 to 40 into the expected release of quarter financial results before the bell on August 29.​
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Dollar Tree (DLTR) August weekly call option implied volatility is at 112, September is at 43; compared to its 52-week range of 19 to 49 into the expected release of quarter financial results before the bell on August 29. Call put ratio 5.5 calls to 1 put with focus on August weekly 98.50 calls.​
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Dell Technologies (DELL) September call option implied volatility is at 56, October is at 46; compared to its 52-week range of 27 to 57 into the expected release of quarter financial results after the bell on August 29. Call put ratio 2.2 calls to 1 put with focus on September 47.50 and 50 calls. ​
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Ulta Beauty (ULTA) August weekly call option implied volatility is at 122, September is at 50; compared to its 52-week range of 22 to 48 into the expected release of quarter financial results after the bell on August 29.​
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Workday (WDAY) August weekly call option implied volatility is at 112, September is at 51; compared to its 52-week range of 27 to 60 into the expected release of quarter financial results on August 29.​
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Palo Alto Networks (PANW) August weekly call option implied volatility is at 35, September weekly is at 64, September is at 48; compared to its 52-week range of 23 to 56 into the expected release of quarter financial results on September 4. Call put ratio 1 call to 1.2 puts.​
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Slack Technologies (WORK) September call option implied volatility is at 71, October is at 58; compared to its 10-week range of 43 to 67 into the expected release of quarter financial results on September 4. Call put ratio 2.9 calls to 1 put with focus on September 30 calls. ​

Axalta Coating Systems (AXTA) call put ratio 7.7 calls to 1 put with focus on October 31 and 33 calls as shares rally 5%.
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Increasing unusual option volume: M GPK ADSK BITA ORC NGG LCI KN TIF COST PVH HPE W XRT​
Increasing unusual call option volume: XRT KN SAN GPK TIF BITA ADSK COST HPE WU BYD ​AXTA
Increasing unusual put option volume: VRTX TGE LCI SIL ADSK TDC VRTX ORC AR PVH NVT JBLU TIF DOW​
Options with decreasing option implied volatility: MDCO PVTL RTRX JWN FL BJ RRGB PSTG GPS COTY JNJ MOMO TEVA​
Active options: AAPL COST MSFT FB AMD GOLD ADSK BAC AMZN NVDA ROKU GE TSLA BABA NFLX TIF MU BA ACB MO