Mid-session IV Report December 7, 2018

Mid-session IV Report December 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 option implied volatility: KTOS TROX BAC ARCC S AVGO JPM BA XLF CVS CI MS CGC MRNS GLUU SNAP

Options with increasing volume: NYT AEO ULTA TWLO CHK AKRX

Apple (AAPL) December weekly call option implied volatility is at 56, December is at 40, January is at 33; compared to its 52-week range of 16 to 42. Call put ratio 1.79 calls to 1 put with focus on December weekly 175 and 185 calls. December weekly 172.50 and 175 calls.

Cronos Group (CRON) December weekly call option implied volatility is at 125, December is at 115, January is at 101; compared to its 52-week range of 70 to 166 after Altria Group (MO) took a 45% stake in the company. Call put ratio 2 calls to 1 put as shares rally 24%.

Tilray, Inc. (TLRY) December weekly call option implied volatility is at 137, December is at 85, January is at 84; compared to its 52-week range of 68 to 113 after Altria Group (MO) took a 45% stake in Cronos Group (CRON).

Canopy Growth (CGC) December weekly call option implied volatility is at 105, December is at 84, January is at 80; compared to its 52-week range of 57 to 109 after Altria Group (MO) took a 45% stake in Cronos Group (CRON). Call put ratio 4.6 calls to 1 put with focus on December 32 calls.

Twitter (TWTR) December weekly (14) call option implied volatility is at 51, December is at 46; compared to its 52-week range of 33 to 92. Call put ratio 2.1 calls to 1 put with focus on December weekly calls as shares rally 3%.

CBOE Volatility Index (VIX) all put ratio 1.7 calls to 1 put with focus on December weekly 30 calls

iPath S&P 500 VIX ST Futures ETN (VXX) call put ratio 1.4 calls to 1 put with focus on December weekly 46 calls

United States Oil Fund (USO) December weekly call option implied volatility is at 43, December is at 40; compared to its 52-week range of 17 to 62 into OPEC meetings. Call put ratio 1.4 calls to 1 put with focus on December 11.5 calls and 12 calls as oil strengths.

Increasing unusual call option volume: FHN SKT KBE QD ATH SCG XLP APHA BIG KRE UNFI MUR LULU AKRX

Increasing unusual put option volume: RAMP QID NYT USAT HIIQ MDY UNFI AEO ING LE SLV LULU MTN AKRX

Popular stocks with increasing volume: SQ LULU RAMP JPM

Options with decreasing option implied volatility: TSRO SHPG KR CLDR HRB KR AKRX SHPG ZS FIVE HPE SIG MOMO MIK HPE ZS CME

Active options: AAPL TSLA AMD BAC AMZN FB NFLX MSFT GE NVDA BABA CRON AAL C TWTR MU SQ LULU RAMP JPM