Mid-session IV Report February 28, 2019

Mid-session IV Report February 28, 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 over looked information.​

Options with increasing option implied volatility: ​CELG CTL EXAS BHP ADSK BMY STX

Popular stocks with increasing unusual: JD TSLA NVAX CELG GE GB AYX KHC HZNP AMRN SQ BKNG BUD CELG BMY BUD JCP CROX HPQ CROX FIT CWH​
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Tesla (TSLA) weekly option implied volatility increases into a $920M debt payment due​
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Tesla (TSLA) March weekly call option implied volatility is at 74, March is at 48; compared to its 52-week range of 38 to 87 into a $920M debt payment due on March 1. Call put ratio 2.5 calls to 1 put. ​

Apple (AAPL) March weekly call option implied volatility is at 22, March is at 19; compared to its 52-week range of 16 to 46 into hosts annual shareholder meeting on February 28. Call put ratio 2.2 calls to 1 put with focus on March weekly 172.50 calls.​
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Nu Skin (NUS) March call option implied volatility is at 33, February is at 26; compared to its 52-week range of 22 to 59 into hosting an investor day today in Provo.​
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Novavax (NVAX) March call option implied volatility is at 141, February is at 140; compared to its 52-week range of 62 to 352 after announced results from Prepare, a global Phase 3 clinical trial using ResVax, an aluminum adjuvanted respiratory syncytial virus (RSV) fusion (F) protein recombinant nanoparticle vaccine. Call put ratio 1 call to 2.2 puts. 30 days IV call at 105 -188%, 105 -185%, +6 strikes +1K contracts after shares sell off 64%.​
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Kraft Heinz (KHC) March call option implied volatility is at 28, April is at 27; compared to its 52-week range of 19 to 45 as shares trend lower. Call put ratio 3 calls to 1 put with focus on March 32.5 calls.​
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Celgene (CELG) 30 days IV call 40 +12%, puts 42 +12%, +5 strikes +500 contracts as shares sell off 8% after Wellington says it does not support Bristol-Myers’ acquisition of Celgene​

Gap (GPS) March weekly call option implied volatility is at 177, March is at 48; compared to its 52-week range of 27 to 56 into the expected release of EPS today after the bell. Call put ratio 1 call to 2.6 puts. ​

Edison International (EIX) March call option implied volatility is at 28, April is at 26; compared to its 52-week range of 18 to 74 into the expected release of EPS today after the bell.​

Nordstrom (JWN) March call option implied volatility is at 172, April is at 60; compared to its 52-week range of 28 to 62 into the expected release of EPS today after the bell. Call put ratio 1.5 calls to 1 put into EPS.​

Foot Locker (FL) March weekly call option implied volatility is at 220, March is at 74; compared to its 52-week range of 30 to 79 into the expected release of EPS before the bell on March 1.​

Marriott (MAR) March weekly call option implied volatility is at 88, March is at 33; compared to its 52-week range of 18 to 40 into the expected release of EPS before the bell on March 1. Call put ratio 1 call to 6 puts.​

Autodesk (ADSK) March weekly call option implied volatility is at 194, March is at 63; compared to its 52-week range of 25 to 69 into the expected release of EPS before the bell on March 1. Call put ratio 1 call to 1.9 puts.​
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Option implied volatility for gaming resorts at low end of range ​
Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 37; compared to its 52-week range of 26 to 72. ​
Las Vegas Sands (LVS) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 64. ​
MGM Resorts (MGM) 30-day option implied volatility is at 30; compared to its 52-week range of 24 to 59.​
Melco Resorts & Entertainment (MLCO) 30-day option implied volatility is at 39; compared to its 52-week range of 29 to 59​
Caesars Entertainment (CZR) 30-day option implied volatility is at 42; compared to its 52-week range of 34 to 83​
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Increasing unusual option volume: AHT ERI MNST​
Increasing unusual call option volume: MNST ER HZNP​ SE JCP VAC EXP MNST
Increasing unusual put option volume: DIS AB PRGO​ BHF GTT CARS
Options with decreasing option implied volatility: JCP JD CROX HPQ CROX FIT SQ BKNG​
Active options: JD SQ TSLA MU AAPL NIO DIS BA NVAX AMD FB FIT MSFT AMZN BAC CGC BABA CELG JCP TWTR​
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