Mid-session IV Report February 3, 2020​

Mid-session IV Report February 3, 2020​

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.​
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Options with increasing option implied volatility: GOOG ZM TSLA TPR DIS SNAP TWTR TUP JWN DLTR TGT CIEN RCL KLAC RACE CMG COP CLX RL STX​
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Popular stocks with increasing unusual volume: NIO LK ROKU GE PCG LK IBM GILD​
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Tesla (TSLA) option implied volatility increase as shares rally 12% to $729​

Tesla (TSLA) February weekly call option implied volatility is at 77, February is at 65; compared to its 52-week range of 34 to 75 after Panasonic (PCRFY) posted a higher than expected profit on improved battery business with Tesla.​
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Peloton (PTON) February weekly call option implied volatility is at 166, February is at 100; compared to its 52-week range of 58 to 98 into the expected release of quarter results on February 5. Call put ratio 4.2 calls to 1 put with focus on February 32.50 calls. ​
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Gilead Sciences (GILD) February weekly call option implied volatility is at 56, February is at 33; compared to its 52-week range of 19 to 32 after reports its remdesivir drug was effective in treating a U.S.-case of the novel coronavirus. GILD is expected to release quarterly results after the bell on February 4. Call put ratio 11.4 calls to 1 put with focus on February weekly 65 and 70 calls. ​
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Luckin Coffee Inc. (LK) February weekly call option implied volatility is at 171, February is at 138; compared to its 52-week range of 53 to 162 amid coronavirus impact. Call put ratio 1 call to 2 put. ​

iShares MSCI China ETF (MCHI) February call option implied volatility is at 24, March is at 25; compared to its 52-week range of 17 to 31 amid coronavirus impact. Call put ratio 1 call to 89 puts with focus on March 60 and May 48 puts.​

Direxion Daily Ftse China Bear 3x Shares (YANG) February call option implied volatility is at 72, March is at 65; compared to its 52-week range of 45 to 84 amid coronavirus impact. . Call put ratio 5.2 calls to 1 put with focus on February 54 and 56 calls. ​
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The ATLAS stocks (Apple, Tesla, Lam Research, Advanced Micro Devices and Salesforce.com)​

Apple (AAPL) 30-day option implied volatility is at 28; compared to its 52-week range of 17 to 34 as the ATLAS stocks share prices trade at upper end of range. The ATLAS stocks; Apple (AAPL), Tesla (TSLA), Lam Research (LRCX), Advanced Micro Devices (AMD) and Salesforce.com (CRM). Call put ratio 1.7 calls to 1 put with focus on in the money February and March 300 calls.​
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Tesla (TSLA) 30-day option implied volatility is at 65; compared to its 52-week range of as the ATLAS stocks share prices trade at upper end of 34 to 75 range.

Lam Research Corp (LRCX) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 43 as the ATLAS stocks share prices trade at upper end of range.

Advanced Micro Devices (AMD) 30-day option implied volatility is at 47; compared to its 52-week range of 35 to 68 as the ATLAS stocks share prices trade at upper end of range. Call put ratio 3.7 calls to 1 put with focus on February weekly calls. ​
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Salesforce (CRM) 30-day option implied volatility is at 31; compared to its 52-week range of 19 to 43 as the ATLAS stocks share prices at upper end of range. The ATLAS stocks; Apple (AAPL), Tesla (TSLA), Lam Research (LRCX), Advanced Micro Devices (AMD) and Salesforce.com (CRM).​

EPS
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Alphabet (GOOG) February weekly call option implied volatility is at 63, February is at 34; compared to its 52-week range of 14 to 33 into the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put with focus on February weekly 1470 calls.​

Hartford (HIG) February weekly call option implied volatility is at 41, February is at 26; compared to its 52-week range of 14 to 26 into the expected release of quarter results today after the bell. ​

NXP Semiconductor (NXPI) February weekly call option implied volatility is at 64, February is at 41; compared to its 52-week range of 25 to 55 into the expected release of quarter results today after the bell. Call put ratio 5 calls to 1 put with focus on February weekly 129 calls. ​

ON Semiconductor (ON) February call option implied volatility is at 42, March is at 39; compared to its 52-week range of 30 to 55 after release of quarter results. Call put ratio 1 call to 1.3 puts with focus on February 21 and 23 puts. ​

Travelzoo (TZOO) February call option implied volatility is at 72, March is at 60; compared to its 52-week range of 50 to 98 into the expected release of quarter results today after the bell.​

8×8 (EGHT) February call option implied volatility is at 68, March is at 54; compared to its 52-week range of 32 to 68 into the expected release of quarter results after the bell on February 4.​

Allstate (ALL) February call option implied volatility is at 25, March is at 23; compared to its 52-week range of 15 to 25 into the expected release of quarter results after the bell on February 4.​

BP PLC (BP) February weekly call option implied volatility is at 37, February is at 25; compared to its 52-week range of 15 to 27 into the expected release of quarter results before the bell on February 4.​

Centene (CNC) February weekly call option implied volatility is at 85, February is at 55; compared to its 52-week range of 25 to 55 into the expected release of quarter results before the bell on February 4.​

Chipotle (CMG) February weekly call option implied volatility is at 69, February is at 38; compared to its 52-week range of 20 to 48 into the expected release of quarter results after the bell on February 4.​

Chubb (CB) February call option implied volatility is at 22, March is at 20; compared to its 52-week range of 14 to 23 into the expected release of quarter results after the bell on February 4.​

Clorox (CLX) February weekly call option implied volatility is at 39, February is at 24; compared to its 52-week range of 15 to 26 into the expected release of quarter results before the bell on February 4.​

ConocoPhillips (COP) February weekly call option implied volatility is at 43, February is at 31; compared to its 52-week range of 21 to 35 into the expected release of quarter results before the bell on February 4.​

Cummins (CMI) February weekly call option implied volatility is at 47, February is at 31; compared to its 52-week range of 17 to 34 into the expected release of quarter results before the bell on February 4.​

Ferrari (RACE) February weekly call option implied volatility is at 61, February is at 36; compared to its 52-week range of 19 to 35 into the expected release of quarter results on February 4.​

Ford (F) February weekly call option implied volatility is at 62, February is at 36; compared to its 52-week range of 20 to 40 into the expected release of quarter results on February 4. Call put ratio 4.4 calls to 1 put with focus on February weekly 9.5 calls.​

Genworth (GNW) 30-day call option implied volatility is at 90; compared to its 52-week range of 34 to 172 into the expected release of quarter results after the bell on February 4.​

KLA (KLAC) February call option implied volatility is at 63, February weekly is at 42; compared to its 52-week range of 26 to 48 into the expected release of quarter results after the bell on February 4.​

McKesson (MCK) February weekly call option implied volatility is at 57, February is at 37; compared to its 52-week range of 21 to 41 into the expected release of quarter results before the bell on February 4.​

Ralph Lauren (RL) February weekly call option implied volatility is at 85, February is at 48; compared to its 52-week range of 24 to 41 into the expected release of quarter results before the bell on February 4.​

Royal Caribbean (RCL) February weekly call option implied volatility is at 67, February is at 43; compared to its 52-week range of 20 to 40 into the expected release of quarter results before the bell on February 4.​

Seagate (STX) February weekly call option implied volatility is at 73, February is at 44; compared to its 52-week range of 23 to 52 into the expected release of quarter results after the bell on February 4.​

Sirius XM (SIRI) February weekly call option implied volatility is at 40, February is at 25; compared to its 52-week range of 17 to 41 into the expected release of quarter results before the bell on February 4.​

Snap (SNAP) February weekly call option implied volatility is at 138, February is at 74; compared to its 52-week range of 38 to 86 into the expected release of quarter results after the bell on February 4. Call put ratio 2.4 calls to 1 put with focus on ATM February 18.50 calls.​

Walt Disney (DIS) February weekly call option implied volatility is at 69, February is at 39; compared to its 52-week range of 15 to 32 into the expected release of quarter results after the bell on February 4.​

Increasing unusual option volume: EPC INSM INDA DGII CARS BBL SFL ON GILD​
Increasing unusual call option volume: EUFN EPC INSM INDA BBL RDUS RTCT YANG LIT BWA​
Increasing unusual put option volume: CARS ON CCJ MCHI YEXT STNG STLD​
Options with decreasing option implied volatility: SYY IQ BIDU LK AAPL APT DLPH AIMT EXTR ALGN RESI ADNT CREE CRUS​
Active options February 3: AAPL TSLA BABA AMD GILD NIO DIS FB MSFT LK ROKU AMZN NFLX GE PCG MU XOM BYND UBER IBM ​