Mid-session IV Report August 7, 2020

Mid-session IV Report August 7, 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: SLV BPY APPS EXPI OTRK RAD LAKE UPS FB

Popular stocks with increasing unusual volume: UBER AAL MGM NVDA UPS DKNG

UPS (UPS) August weekly call option implied volatility is at 24, August is at 28; compared to its 52-week range 17 to 77 as shares rally 6%. Call put ratio 7.6 calls to 1 put with focus on ATM August weekly calls.

Roku (ROKU) August weekly call option implied volatility is at 61, August is at 60; compared to its 52-week range 51 to 130 as shares rally 5.3%. Call put ratio 2.9 calls to 1 put.

Biogen (BIIB) August weekly call option implied volatility is at 72, August is at 30; compared to its 52-week range of 26 to 63 after FDA accepts aducanumab with priority review. Call put ratio 3.3 calls to 1 put with focus on August weekly 310 calls.

GSX Techedu Inc. (GSX) August call option implied volatility is at 119, September is at 112; compared to its 52-week range of 61 to 162 after Citron Research adds to short. Call put ratio 1.1 calls to 1 put.

Option implied volatility into quarterly results expected next week

Eastman Kodak (KODK) August weekly call option implied volatility is at 241, August is at 230; compared to its 52-week range of 77 to 330 into the expected release of quarter results on August 10.

Marriott (MAR) August weekly call option implied volatility is at 60, August is at 56; compared to its 52-week range of 17 to 201 into the expected release of quarter results before the bell on August 10. Call put ratio 3.6 calls to 1 put with focus on September and October 100 calls.

Novavax (NVAX) August weekly call option implied volatility is at 113, August is at 112; compared to its 52-week range of 85 to 317 into the expected release of quarter results after the bell on August 10. Call put ratio 2 calls to 1 put.

Occidental Petroleum (OXY) August weekly call option implied volatility is at 77, August is at 79; compared to its 52-week range of 25 to 201 into the expected release of quarter results after the bell on August 10. Call put ratio 2.8 calls to 1 put.

Royal Caribbean Cruise (RCL) August weekly call option implied volatility is at 80, August is at 80; compared to its 52-week range of 20 to 270 into the expected release of quarter results on August 10.

Simon Property Group (SPG) August call option implied volatility is at 69, September is at 65; compared to its 52-week range of 17 to 153 into the expected release of quarter results after the bell on August 10.

Sohu (SOHU) August call option implied volatility is at 92, September is at 93; compared to its 52-week range of 45 to 133 into the expected release of quarter results before the bell on August 10. Call put ratio 7.2 calls to 1 put with focus on January calls.

Tilray (TRLY) August weekly call option implied volatility is at 126, August is at 129; compared to its 52-week range of 68 to 267 into the expected release of quarter results after the bell on August 10. Call put ratio 2.1 calls to 1 put.

Increasing unusual option volume: PBI AXL KNDI ABUS FNKO
Increasing unusual call option volume: AXL AAP KNDI ABUS FNKO ZG
Increasing unusual put option volume: TME TUR AGQ YELP DDOG IBN
Options with decreasing option implied volatility: NVAX OPK TGTX CHGG GRPO WW BYND ZNGA
Active options: FB AAPL AMD UBER ROKU SNAP DIS TSLA MSFT NIO BAC BABA AAL AMZN MGM NVDA Z INTC BA UPS