Mid-session IV Report February 23, 2021

Mid-session IV Report February 23, 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: AMRN SQ RSX PBR ARKK HSBC WORK BOX AMRN OCGN TMST SRNE

Popular stocks with increasing volume: DIS PLUG GE CCL

EV option implied volatility movement increases

Tesla (TSLA) February weekly call option implied volatility is at 86, March is at 72; compared to its 52-week range of 54 to 154 as shares sell off 2.2%. Call put ratio 1.1 calls to 1 put.

NIO Inc. (NIO) 30-day option implied volatility is at 110; compared to its 52-week range of 81 to 216. Call put ratio 2.6 calls to 1 put.

Churchill Capital Corp IV (CCIV) February weekly call option implied volatility is at 183, March is at 168; compared to its 52-week range of 145 to 289 after announcing Lucid Motors to go public via merger with Churchill Capital IV. Call put ratio 2.5 calls to 1 put.

Box (BOX) March call option implied volatility is at 62, April is at 55; compared to its 52-week range of 43 to 108. Call put ratio 12.9 calls to 1 put with focus on March 20 calls.

IV into quarter results and outlook

Square (SQ) February weekly call option implied volatility is at 130, March is at 73; compared to its 52-week range of 48 to 142 into the expected release of quarter results today after the bell on February 23.

Toll Brothers (TOL) February weekly call option implied volatility is at 85, March is at 47; compared to its 52-week range of 34 to 146 into the expected release of quarter results today after the bell.

3D Systems (DDD) February weekly call option implied volatility is at 195, March is at 121; compared to its 52-week range of 54 to 218 into the expected release of quarter results after the bell on February 24.

Jumia Technology (JMIA) February weekly call option implied volatility is at 253, March is at 136; compared to its 52-week range of 98 to 228 into the expected release of quarter results on February 24.

L Brands (LB) February weekly call option implied volatility is at 108, March is at 62; compared to its 52-week range of 51 to 202 into the expected release of quarter results after the bell on February 24. Call put ratio 13 calls to 1 put with focus on March 60 calls.

Lowes (LOW) February weekly call option implied volatility is at 71, March is at 37; compared to its 52-week range of 25 to 129 into the expected release of quarter results before the bell on February 24.

NetApp (NTAP) February weekly call option implied volatility is at 84, March is at 48; compared to its 52-week range of 33 to 121 into the expected release of quarter results after the bell on February 24.

Overstocks (OSTK) February weekly call option implied volatility is at 166, March is at 110; compared to its 52-week range of 85 to 215 into the expected release of quarter results before the bell on February 24.

Petroleo Bras (PBR) February weekly call option implied volatility is at 110, March is at 68; compared to its 52-week range of 40 to 225 into the expected release of quarter results on February 24. Call put ratio 5.2 calls to 1 put.

Pure Storage (PSTG) February weekly call option implied volatility is at 52, March is at 58; compared to its 52-week range of 44 to 113 into the expected release of quarter results after the bell on February 24.

Teladoc (TDOC) February weekly call option implied volatility is at 113, March is at 67; compared to its 52-week range of 51 to 109 into the expected release of quarter results after the bell on February 24.

TJX (TJX) February weekly call option implied volatility is at 63, March is at 37; compared to its 52-week range of 26 to 121 into the expected release of quarter results before the bell on February 24.

ViacomCBS (VIAC) February weekly call option implied volatility is at 118, March is at 67; compared to its 52-week range of 36 to 135 into the expected release of quarter results before the bell on February 24.
Crypto themed stocks amid wide price movement of Bitcoin

Marathon Patent Group (MARA) 30-day option implied volatility is at 235; compared to its 52-week range of 139 to 475 as shares sell off 17%.

Riot Blockchain (RIOT) 30-day option implied volatility is at 238; compared to its 52-week range of 98 to 276 as shares sell off 20%.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 128; compared to its 52-week range of 24 to 154 as shares sell off 15.7%.

Microvision (MVIS) 30-day option implied volatility is at 221; compared to its 52-week range of 122 to 463. Call put ratio 5 calls to 1 put as shares sell off 8%.

Bit Digital (BTBT) 30-day option implied volatility is at 212; compared to its 52-week range of 209 to 279. Call put ratio 1.8 calls to 1 put as shares sell off 17%.

CleanSpark (CLSK) 30-day option implied volatility is at 161; compared to its 52-week range of 139 to 260. Call put ratio 2 calls to 1 put as shares sell off 13.3%.

Silvergate Capital (SI) 30-day option implied volatility is at 134; compared to its 52-week range of 94 to 149. Call put ratio 2.8 calls to 1 put as shares down 12.4%.

Magnite (MGNI) 30-day option implied volatility is at 128; compared to its 52-week range of 70 to 162 as Bitcoin movement continues. Call put ratio 5 calls to 1 put.

Overstock.com (OSTK) 30-day option implied volatility is at 130; compared to its 52-week range of 85 to 214 as shares sell off 9%. Call put ratio 1 call to 1 put into quarter results.

SRAX, Inc (SRAX) 30-day option implied volatility is at 152; compared to its 52-week range of 96 to 263. Call put ratio 8.4 calls to 1 put as shares down 12%.

Ideanomics (IDEX) 30-day option implied volatility is at 170; compared to its 52-week range of 108 to 387. Call put ratio 3.8 calls to 1 put as shares sell off 10%.

Increasing unusual option volume: DNN EBON CAN GTE SOS
Increasing unusual call option volume: DNN SOS GSAT ITP EBON CLBS
Increasing unusual put option volume: QSR MUX PSTI AXU SENS CGRO
Options with decreasing option implied: TLRY SOS APRN KERN APHA PSTH TRIL POWW
Active options: AAPL TSLA PLTR NIO AMC CCIV AMD SNDL AAL FB RIOT CCL BAC GE SNAP MSFT AMZN SOS DIS PLUG