Mid-session IV Report February 19, 2019

Mid-session IV Report February 19, 2019

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: UNIT CLDR FIT NVAX BHC OSTK MDR GRMN WIN

Popular stocks with increasing unusual: LLY EA GRMN SO MAT WIN

Analog Devices (ADI) February weekly call option implied volatility is at 50, April is at 28; compared to its 52-week range of 18 to 41 into the expected release of EPS before the bell on February 20.

Agilent Technology (A) March call option implied volatility is at 29, April is at 20; compared to its 52-week range of 17 to 37 into the expected release of EPS after the bell on February 20. Call put ratio 2.4 calls to 1 put.

Avis Budget (CAR) March call option implied volatility is at 57, March is at 46; compared to its 52-week range of 17 to 37 into the expected release of EPS after the bell on February 20.

Boston Beer (SAM) March call option implied volatility is at 45, April is at 36; compared to its 52-week range of 25 to 60 into the expected release of EPS after the bell on February 20. Call put ratio 1 call to 4.2 puts.
CVS Health (CVS) February weekly call option implied volatility is at 43, March is at 27; compared to its 52-week range of 21 to 41 into the expected release of EPS before the bell on February 20.

Gannet (GCI) March call option implied volatility is at 33, April is at 26; compared to its 52-week range of 26 to 52 into the expected release of EPS before the bell on February 20.

Garmin (GRMN) February call option implied volatility is at 67, March is at 30; compared to its 52-week range of 15 to 36 into the expected release of EPS before the bell on February 20.

GoDaddy (GDDY) March call option implied volatility is at 40, April is at 33; compared to its 52-week range of 22 to 59 into the expected release of EPS on February 20.

Southern Co (SO) February weekly call option implied volatility is at 23, March is at 15; compared to its 52-week range of 15 to 29 into the expected release of EPS on February 20. Call put ratio 15 calls to 1 put with focus on February weekly 48.50 calls.

Vale (VALE) February weekly call option implied volatility is at 46, March is at 39; compared to its 52-week range of 31 to 58 into the expected release of EPS on February 20.

Vipshop (VIPS) February weekly call option implied volatility is at 71, April is at 59; compared to its 52-week range of 39 to 88 into the expected release of EPS on February 20.

American Airlines Group (AAL) February weekly call option implied volatility is at 38, March is at 34; compared to its 52-week range of 27 to 64 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter on February 23.

Apple Inc. (AAPL) February weekly call option implied volatility is at 24, March is at 22; compared to its 52-week range of 16 to 46 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

American Express (AXP) February weekly call option implied volatility is at 18, March is at 19; compared to its 52-week range of 14 to 41 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

Axalta Coating Systems Ltd (AXTA) February weekly call option implied volatility is at 25, March is at 26; compared to its 52-week range of 25 to 48 into Berkshire Hathaway’s Warren Buffett releasing his annual shareholder letter.

Increasing unusual option volume: ICPT GILD TSEM PWR ENLC YETI ICPT KMB NBL RUN DQ
Increasing unusual call option volume: TSEM KMB ENLC ICPT RIOT DGX STNG GT RUN WIN
Increasing unusual put option volume: YETI NBL AEM ICPT TSEM RUN ASNA CCJ LOGM ABB IPI WIN
Options with decreasing option implied volatility: ICPT YELP CRON ACB FOSL GOOS UA UAA TRIP CTL
Active options: AAPL FCX FB WMT BABA BAC NFLX GE NVDA AMZN EA LLY TSLA JD JPM MU XOM PCG TWTR