Mid-session IV Report February 20, 2020

Mid-session IV Report February 20, 2020

Popular options with increasing volume: SPCE VIAC MS MPC CGC TLRY

Popular options with increasing volume: SPCE VIAC MS MPC CGC TLRY

Virgin Galactic Holdings (SPCE) February call option implied volatility is at 340, March is at 233; compared to its 26-week range of 39 to 209 as Richard Branson’s spaceship company’s share price has wide price movement. Call put ratio 1.8 calls to 1 put with focus on February and March 40 calls.

Market Vectors Gold Miners ETF (GDX) 30-day call option implied volatility is at 25; compared to its 52-week range of 21 to 36 as gold trades at 2015 highs. Call put ratio 9 calls to 1 put with focus on March 32 calls.

Microsoft (MSFT) February call option implied volatility is at 24, March is at 22; compared to its 52-week range of 15 to 32. Call put ratio 6.1 calls to 1 put with focus on February 187 and 190 calls. 90-day call put ratio 2.4 calls to 1 put.

Dropbox (DBX) February call option implied volatility is at 260, March is at 62; compared to its 52-week range of 31 to 62 into the expected release of quarter results today after the bell.

Fastly (FSLY) February call option implied volatility is at 230, March is at 73; compared to its 52-week range of 53 to 128 into the expected release of quarter results today after the bell. Call put ratio 17 calls to 1 put with focus on February and March 25 calls.

Berkshire Hathaway (BRKB) February call option implied volatility is at 14, March is at 14; compared to its 52-week range of 12 to 23 into the expected release of quarter results on February 21. Call put ratio 3.7 calls to 1 put with focus on February and March 230 calls.

Deere (DE) February call option implied volatility is at 81, March is at 27; compared to its 52-week range of 19 to 41 into the expected release of quarter results before the bell on February 21.

Morgan Stanley (MS) February call option implied volatility is at 29 compared to 20 from February 19, March is at 22; compared to its 52-week range of 19 to 34 after acquires E-Trade (ETFC) in all-stock deal valued at $13B.

E-Trade (ETFC) February call option implied volatility is at 54, March is at 24; compared to its 52-week range of 23 to 45 after Morgan Stanley (MS) acquires in all-stock deal valued at $13B. Call put ratio 3.7 calls to 1 put with focus on March 55 and 60 calls.

Interactive Brokers (IBKR) March call option implied volatility is at 29 compared to 20; compared to its 52-week range of 25 to 40 after Morgan Stanley (MS) acquires E-Trade (ETFC) in all-stock deal valued at $13B.

L Brands (LB) February call option implied volatility is at 60, March is at 61; compared to its 52-week range of compared to its 52-week range of 32 to 81 after selling majority interest in Victoria’s Secret to Sycamore Partners. Call put ratio 3.6 calls to 1 put.

Spotify (SPOT) 30-day call option implied volatility is at 33; compared to its 52-week range of 26 to 50. Call put ratio 1.86 calls to 1 put with focus on focus on February 145 and 146 calls as shares rally 1.9%.

Stitch Fix (SFIX) 30-day call option implied volatility is at 77; compared to its 52-week range of 45 to 122. Call put ratio 13.5 calls to 1 put with focus on February and March 30 calls.

Church & Dwight (CHD) 30-day call option implied volatility is at 22; compared to its 52-week range of 17 to 29. Call put ratio 21.2 calls to 1 put with focus on March 80 calls.

Rite Aid (RAD) 30-day call option implied volatility is at 103; compared to its 52-week range of 66 to 167. Call put ratio 16.4 calls to 1 put with focus on February 15.50 and March 14 calls as shares rally 6%.

Gilead Sciences (GILD) 30 day option implied volatility is at 29; compared to its 52-week range of 19 to 39 into TCT Transplantation & Cellular Therapy Meetings on February 20 in Orlando, Florida.

Increasing unusual option volume: AMKR CHD FVRR VSLR TVTY FIT CLVS QRVO
Increasing unusual call option volume: FIT CLVS AMKR STMP VSLR ZG NET LL
Increasing unusual put option volume: QRVO HRTX SPCE COMM CY SQM ALKS DPZ TRN SIX
Options with decreasing option implied volatility: DPZ VIAC YELP STMP S SPWR KHC Z
Active options: SPCE AMD AAPL TSLA T NVDA NIO MSFT PLUG VIAC ROKU FB SQ BABA INTC MS MPC AMZN CGC TLRY