Mid-session IV Report December 15, 2018

Mid-session IV Report December 15, 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 option implied volatility: JNJ TSRO RHT ENDP SHOP OIH WPM CZR BHC PEP P

Options with increasing volume: JNJ XBI THC MOH HCA GS XPO

FedEx (FDX) December call option implied volatility is at 67, January is at 39; compared to its 52-week range of 16 to 39 into the expected release of EPS on December 18. Call put ratio 1.2 calls to 1 put with focus on December 185 calls. December 180 straddle priced for a move of 5.5%

Darden Restaurants (DRI) call put ratio 1 call to 4.7 puts with focus on December 95 and 100 puts. December call option implied volatility is at 80, January is at 40; compared to its 52-week range of into 18 to 43 into the expected release of EPS on December 18. December 100 straddle priced for a move of 7%

Micron (MU) down 38c to $3.83. Call put ratio 1.1 calls to 1 put with focus on December 34 calls and puts. December call option implied volatility is at 106, January is at 61; compared to its 52-week range of 34 to 63 into the expected release of EPS on December 18. December 40 straddle priced for a move of 9%.

Canada Goose (GOOS) December call option implied volatility is at 72, January is at 60; compared to its 52-week range of into 36 to 84 after recent share price sell off.

Stitch Fix (SFIX) December call option implied volatility is at 70, January is at 64; compared to its 52-week range of into 58 to 122.

Johnson & Johnson (JNJ) December call option implied volatility is at 34, January is at 28; compared to its 52-week range of 11 to 30 as shares continue to trend lower after Reuters article.

Jack in the Box (JACK) December call option implied volatility is at 31, January is at 30; compared to its 52-week range of 21 to 43 into announcing that its exploring a range of strategic and financing alternatives to maximize shareholder value.

Hospital stock option implied volatility after ruling Obamacare is unconstitutional

HCA Healthcare (HCA) December call option implied volatility is at 50, January is at 41; compared to its 52-week range of 17 to 37. Call put ratio 1 call to 8 puts.

Molina Healthcare (MOH) December call option implied volatility is at 53, January is at 44; compared to its 52-week range of 25 to 65. Call put ratio 1 call to 3.3 puts with focus on December 105 and 110 puts as shares sell off 13%.

Community Health Systems, Inc. (CYH) December call option implied volatility is at 93, January is at 96; compared to its 52-week range of 54 to 154.

Tenet Healthcare Corporation (THC) December call option implied volatility is at 77, January is at 56; compared to its 52-week range of 37 to 79.

Universal Health Services, Inc. (UHS) December call option implied volatility is at 41, January is at 33; compared to its 52-week range of 17 to 40.

Campbell’s Soup (CPB) call put ratio 5 calls to 1 put with focus on December 39.50 and 40 calls.

Increasing unusual option volume: NGD IOVA SPN WETF SHOO HSIC AEG NGG UXIN CNC BR MDR CPB MSG ENDP THC
Increasing unusual call option volume: KEYS HSIC MDR NGG CVRR UXIN LC EXC IWO PDCO KORS
Increasing unusual put option volume: ARMK WETF ENDP CNC HCA KKR CS UXIN KWEB NAT ESV WSM UHS MOH
Options with decreasing option implied volatility: XPO NLY RAMP NBEV JNK COST TLRY ESRX BKLN FSRX
Popular stocks with increasing volume: JNJ GS F ADBE BBD IP GS F
Active options: AAPL BAC AMD AMZN TSLA MSFT JNJ MU GE BABA NFLX FB NVDA SQ GS F T ADBE C TWTR