Mid-session IV Report February 11, 2021

Mid-session IV Report February 11, 2021

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: OGI TLRY APHA MVIS FUTU HEXO MSTR ACB DIS

Popular stocks with increasing volume: TLRY MVIS ACB AMC PINS RIOT PLTR GME

Cannabis options movement

Tilray, Inc. (TLRY) 30-day option implied volatility is at 304; compared to its 52-week range of 70 to 289. Call put ratio 1.7 calls to 1 put.

Canopy Growth (CGC) 30-day option implied volatility is at 114; compared to its 52-week range of 55 to 184. Call put ratio 1.9 calls to 1 put.

Sundial Growers (SNDL) 30-day option implied volatility is at 474; compared to its 52-week range of 152 to 655. Call put ratio 4.9 calls to 1 put.

GrowGeneration Corp. (GRWG) 30-day option implied volatility is at 104; compared to its 52-week range of 73 to 174. Call put ratio 3.3 calls to 1 put.

Aphria (APHA) 30-day option implied volatility is at 250; compared to its 52-week range of 67 to 202. Call put ratio 5.4 calls to 1 put.

Cronos Group (CRON) 30-day option implied volatility is at 142; compared to its 52-week range of 54 to 556. Call put ratio 3.9 calls to 1 put with focus on February weekly 17.50 calls.

Organigram Holdings (OGI) 30-day option implied volatility is at 356; compared to its 52-week range of 91 to 320. Call put ratio 8.7 calls to 1 put with focus on February 7.5 calls.

HEXO Corp. (HEXO) 30-day option implied volatility is at 181; compared to its 52-week range of 20 to 307. Call put ratio 5.5 calls to 1 put.

Aurora Cannabis (ACB) 30-day option implied volatility is at 192; compared to its 52-week range of 91 to 307. Call put ratio 4.5 calls to 1 put.

ETFMG Alternative Harvest ETF (MJ) 30-day option implied volatility is at 130; compared to its 52-week range of 42 to 152. Call put ratio 1.4 calls to 1 put.

Crypto themed stocks as Bitcoin trades above $48,000.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 155; compared to its 52-week range of 22 to 126. Call put ratio 1.3 calls to 1 put as shares rally 9%.

Marathon Patent Group (MARA) 30-day option implied volatility is at 228; compared to its 52-week range of 139 to 475. Call put ratio 3.1 calls to 1 put as shares rally 15%.

Riot Blockchain (RIOT) 30-day option implied volatility is at 218; compared to its 52-week range of 98 to 274. Call put ratio 2.6 calls to 1 put as shares rally 21%.

Microvision (MVIS) 30-day option implied volatility is at 259; compared to its 52-week range of 122 to 463. Call put ratio 5 calls to 1 put as shares rally 54%

CleanSpark (CLSK) 30-day option implied volatility is at 155; compared to its 52-week range of 139 to 260. Call put ratio 8.6 calls to 1 put.

Silvergate Capital (SI) 30-day option implied volatility is at 143; compared to its 52-week range of 94 to 149. Call put ratio 2.2 calls to 1 put.

Magnite (MGNI) 30-day option implied volatility is at 113; compared to its 52-week range of 52 to 162 as Bitcoin movement continues. Call put ratio 16 calls to 1 put as shares rally 6.8%.

Overstock.com (OSTK) 30-day option implied volatility is at 131; compared to its 52-week range of 75 to 214. Call put ratio 2.8 calls to 1 put as shares rally 6.6%.

SRAX, Inc (SRAX) 30-day option implied volatility is at 176; compared to its 52-week range of 96 to 263. Call put ratio 5.2 calls to 1 put.

Ideanomics (IDEX) 30-day option implied volatility is at 201; compared to its 52-week range of 108 to 387. Call put ratio 9.1 calls to 1 put.

Option IV into quarter results

Cloudflare (NET) February weekly call option implied volatility is at 218, February is at 112; compared to its 52-week range of 50 to 119 into the expected release of quarter results today after the bell. Call put ratio 3.4 calls to 1 put.

Expedia (EXPE) February weekly call option implied volatility is at 145, February is at 66; compared to its 52-week range of 24 to 253 into the expected release of quarter results today after the bell. Call put ratio 2.8 calls to 1 put.

JFrog (FROG) February call option implied volatility is at 100 , March is at 77; compared to its 52-week range of 68 to 110 into the expected release of quarter results today after the bell. Call put ratio 7.1 calls to 1 put.

Walt Disney (DIS) February weekly call option implied volatility is at 114, February is at 55; compared to its 52-week range of 19 to 102 into the expected release of quarter results after the bell. Call put ratio 3 calls to 1 put with focus on February weekly and February 190 calls.

Newell Brands (NWL) February call option implied volatility is at 65, March is at 41; compared to its 52-week range of 30 to 127 into the expected release of quarter results before the bell on February 12.

Increasing unusual option volume: GSAT JEF DNN GTE UBS AGTC UBER CSCO Z ZG
Increasing unusual call option volume: GSAT DNN JEF GTE UBS AGTC RKDA
Increasing unusual put option volume: SNDL PLL TRXC PSTI MJ KALV GSAT SONO
Options with decreasing option implied: SIRI SAVA GLUU GME MNKD GPRO
Active options: SNDL TSLA AAPL TLRY UBER DNN NVDA NIO AMD RIOT ACB PINS AMC MARA PLTR CME ZNGA TWTR SNAP