Mid-session IV Report August 9, 2018

Mid-session IV Report August 9, 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: BZUN GM RH PANW PCG GGP JNK

Stocks with increasing unusual option volume: YELP VIPS SNAP JD GE GM

Tesla (TSLA) call put ratio 1.1 call to 1 put with focus on August weekly 365 calls, August 360 calls and August 360 puts are active as shares sell off 3.9%. August weekly call option implied volatility is at 73, August is at 58; compared to its 52-week range of 32 to 71.

General Motors (GM) call put ratio 7.6 calls to 1 put with focus on August weekly 37.50, 38 and 38.50 calls. August weekly call option implied volatility is at 31, August is at 25, September is at 24; compared to its 52-week range of 17 to 39.

Cypress Semiconductor (CY) August call option implied volatility is at 33, September is at 28; compared to its 52-week range of 28 to 45. Call put ratio 3 calls to 1 put with focus on September 17, 18 & 20 calls.

ON Semiconductor (ON) August call option implied volatility is at 33, September is at 31; compared to its 52-week range of 26 to 48. Call put ratio 30 calls to 1 put.

Xilinx (XLNX) August weekly call option implied volatility is at 23, August and September is at 22; compared to its 52-week range of 21 to 53 after Morgan Stanley downgrades semiconductor industry view to cautious. Call put ratio 1 call to 2.4 puts.

Ambarella (AMBA) August weekly call option implied volatility is at 45, August is at 37, September is at 51; compared to its 52-week range of 31 to 78 after Morgan Stanley downgrades semiconductor industry view to cautious.

Microchip (MCHP) August call option implied volatility is at 39, September is at 26; compared to its 52-week range of 20 to 41 into the expected release of EPS today after the market close.

Qorvo (QRVO) August and September call option implied volatility is at 47; compared to its 52-week range of 27 to 55 after Morgan Stanley downgrades semiconductor industry view to cautious. Call put ratio 39 calls to 1 put.

Micron (MU) August weekly call option implied volatility is at 41, August and September is at 37; compared to its 52-week range of 34 to 63 after Morgan Stanley downgrades semiconductor industry view to cautious. Call put ratio 2.5 calls to 1 put with focus on August 43 calls.

Intel (INTC) August weekly call option implied volatility is at 24, August and September is at 21; compared to its 52-week range of 15 to 43.

Broadcom (AVGO) August weekly call option implied volatility is at 28, August is at 25, September is at 29; compared to its 52-week range of 22 to 41. Call put ratio 2.4 calls to 1 put.

Qualcomm (QCOM) August weekly call option implied volatility is at 21, August is at 17, September is at 21; compared to its 52-week range of 18 to 53. Call put ratio 1 call to 2.5 puts.

NVIDIA (NVDA) August weekly call option implied volatility is at 25, August is at 55, September is at 34; compared to its 52-week range of 25 to 61 into the expected release of EPS after the close on August 16. Call put ratio 1.5 calls to 1 put.

Apache Corp. (APA) August weekly call option implied volatility is at 41, August and September is at 34; compared to its 52-week range of 28 to 54 as shares sell off 7%.

L Brands (LB) call put ratio 3.4 calls to 1 put as shares rally 1% on update. August weekly call option implied volatility is at 55, August is at 35, September is at 40; compared to its 52-week range of 31 to 54.

Perrigo (PRGO) call put ratio 1 call to 4.2 puts as shares sell off 7% on plans to separate Prescription Pharmaceuticals business. August weekly call option implied volatility is at 68, August is at 30, September is at 23; compared to its 52-week range of 24 to 46.

Increasing unusual call option volume: WIN YELP TAHO BLL TIVO SEAS FL RHT ROKU
Increasing unusual put option volume: TER VIPS PEGI SWCH PTLA BLK HAS IWO
Options with decreasing implied volatility: SNAP SEDG MNK CRC FOSL GRPO HEAR TWLO SHAK CROX SHAK
Active options: AAPL AABA TSLA BABA ROKU MU AMZN FB BAC YELP MSFT VIPS AMD NFLX SNAP TWTR GM JD BIDU GE