Mid-session IV Report August 7, 2018

Mid-session IV Report August 7, 2018

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 overlooked information.

Options with increasing implied volatility: DIS SNAP GOOS AKRX BPY ESRX GGP DDD CLR PZZA WEN LC

Stocks with increasing unusual option volume: Z ZG ATH BMS PRTY Z TWLO

Facebook (FB) option implied volatility decreases on more calls than puts as shares rally

Facebook (FB) August weekly call option implied volatility is at 27, August is at 28; compared to its 52-week range of 16 to 44. Call put ratio is 2.1 calls to 1 put.

Snap (SNAP) August weekly call option implied volatility is at 244, August is at 143; compared to its 52-week range of 39 to 98 into the expected release of EPS today after the close. Call put ratio 1 call to 1.6 puts.

Walt Disney (DIS) August weekly call option implied volatility is at 60, August is at 38; compared to its 52-week range of 14 to 34 into EPS and outlook on how to compete with Netflix (NFLX). Call put ratio 1.5 calls to 1 puts.

Canadian Goose (GOOS) August weekly call option implied volatility is at 180, August is at 105; compared to its 52-week range of 36 to 69 into the expected release of EPS before the open on August 8. Call put ratio 1 call to 1 put.

Michael Kors (KORS) August weekly call option implied volatility is at 124, August is at 76; compared to its 52-week range of 22 to 63 into the expected release of EPS before the open on August 8. Call put ratio 1 call to 2.6 puts.

Express Scripts (ESRX) August weekly call option implied volatility is at 48, August is at 55; compared to its 52-week range of 20 to 48 after Carl Icahn says Cigna (CI) dramatically’ overpaying for Express Scripts. Call put ratio 5.2 calls to 1 put with focus on August weekly 80 and 84 calls.

Geron Corp (GERN) August call option implied volatility is at 150, September is at 188; compared to its 52-week range of 61 to 209 into Johnson & Johnson (JNJ) unit Janssen continuation decision. Option call put ratio 9.3 calls to 1 put.

iShares MSCI Turkey ETF (TUR) call put ratio 1 call to 1.1 puts. August call option implied volatility is at 44, September is a 45; compared to its 52-week range of 21 to 45 on wide share price movement.

Turkcell Iletisim Hizmetleri A.s. (TKC) August call option implied volatility is at 90, September is at 65; compared to its 52-week range of 15 to 149 after wide share price movement.

Increasing unusual call option volume: BMS INFN ZG RESI SEE XRAY TM ETSY MTW XES
Increasing unusual put option volume: XRAY ZG FXB RRR DVA ONCE HSIC Z ETSY ENB
Options with decreasing implied volatility: GDS P FTR W SEDG CRTO FIT TWLO CRC ENPH
Active options: AAPL FB BABA FOXA AMD SNAP BAC NFLX AMZN TWTR TSLA DIS NVDA INTC MSFT MU TWLO GOOGL BIDU