Mid-session IV Report February 21, 2023

Mid-session IV Report February 21, 2023

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option

Option IV increases: FL HZNP COUIP OSH ARBE GME PDD GME DKNG META TBT SPY

Popular stocks with increasing volume: DKNG WMT BABA JD HD F MARA PLTR COIN

China’s Xi Jinping plans to visit Moscow in the spring, sources say Xi is expected to push for peace talks — WSJ.

iShares China Large-Cap (FXI) 30-day option implied volatility is at 32; compared to its 52-week range of 26 to 56. Call put ratio 2.6 calls to 1 put.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 50; compared to its 52-week range of 43 to 98 . Call put ratio 8.2 calls to 1 put as shares sell off 2.6%.

Alibaba (BABA) 30-day option implied volatility is at 53; compared to its 52-week range of 47 to 99 as shares sell off 3.5%.

JD.com (JD) 30-day option implied volatility is at 57; compared to its 52-week range of 44 to 96. Call put ratio 4.7 calls to 1 put as shares sell off 9.4%.

Pinduoduo (PDD) 30-day option implied volatility is at 72; compared to its 52-week range of 46 to 162 as shares sell off 7%.

Vipshop Holdings (VIPS) 30-day option implied volatility is at 58; compared to its 52-week range of 48 to 87 as shares sell off 1.8%.

Target (TGT) 30-day option implied volatility is at 44; compared to its 52-week range of 23 to 52 into 2023 Financial Community Meeting, including Q4 and Full-Year 2022 earnings on February 28.

Energy stocks

SLB (SLB) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 61. Call put ratio 2.3 calls to 1 put as shares rally 1.8%.

Halliburton (HAL) 30-day option implied volatility is at 43; compared to its 52-week range of 38 to 63. Call put ratio 2.1 calls to 1 put.

Puts active amid Ohio chemical derailment headlines

Norfolk Southern (NSC) February weekly call option implied volatility is at 44, March is at 35; compared to its 52-week range of 21 to 39. Call put ratio 1 call to 6.4 puts with focus on February weekly puts as shares sell off 0.96%.

Option IV into quarter results

Coinbase (COIN) February weekly call option implied volatility is at 245, March is at 140; compared to its 52-week range of 62 to 173 into the expected release of quarter results.

Palo Alto Network (PANW) February weekly call option implied volatility is at 101, March is at 50; compared to its 52-week range of 33 to 67 into the expected release of quarter results today after the bell.

Caesars (CZR) February weekly call option implied volatility is at 92, March is at 58; compared to its 52-week range of 47 to 84 into the expected release of quarter results today after the bell. Call put ratio 2.8 calls to 1 put.

Toll Brothers (TOL) February weekly call option implied volatility is at 76, March is at 43; compared to its 52-week range of 32 to 63 into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

NVIDIA (NVDA) February weekly call option implied volatility is at 107, March is at 61; compared to its 52-week range of 45 to 82 into the expected release of quarter results after the bell of February 22.

TJX (TJX) February weekly call option implied volatility is at 70, March is at 34; compared to its 52-week range of 22 to 47 into the expected release of quarter results before the bell of February 22.

Pioneer Resources (PXD) February weekly call option implied volatility is at 47, March is at 46; compared to its 52-week range of 29 to 54 into the expected release of quarter results after the bell of February 22.

Lucid (LCID) February weekly call option implied volatility is at 245, March is at 122; compared to its 52-week range 70 to 172 into the expected release of quarter results after the bell of February 22.

eBay (EBAY) February weekly call option implied volatility is at 99, March is at 46; compared to its 52-week range of 29 to 56 into the expected release of quarter results after the bell of February 22.

Etsy (ETSY) February weekly call option implied volatility is at 153, March is at 77; compared to its 52-week range of 50 to 100 into the expected release of quarter results after the bell of February 22.

Unity Software (U) February weekly call option implied volatility is at 220, March is at 112; compared to its 52-week range of 61 to 128 into the expected release of quarter results after the bell of February 22.

Bath & Body Works (BBWI) February weekly call option implied volatility is at 126, March is at 62; compared to its 52-week range of 41 to 79 into the expected release of quarter results February 22.

Teledoc (TDOC) February weekly call option implied volatility is at 219, March is at 99; compared to its 52-week range of 56 to 110 into the expected release of quarter results after the bell of February 22.

Options with decreasing option implied volatility: APLS CAR FSLY UPST TWLO ROKU CROX STEM TTD RNG BTU
Increasing unusual option volume: EOSE UBS LAZR DBA OPER
Increasing unusual call volume: LAZR COMM UBS ATNM TAP AI DBA NMM AES
Increasing unusual put option volume: OSTK UBS EBIX PPL RETA AI
Active options: TSLA LAZR AMC META AAPL AMZN NVDA GOOGL MSFT AMD DKNG GOOG WMT BABA JD HD F MARA PLTR COIN