Mid-session IV Report February 4, 2021

Mid-session IV Report February 4, 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: CLOV PINS ADMS PCG ATVI SNAP SKX

Popular stocks with increasing volume: NOK AMC GME SNDL QCOM DKNG PYPL

Cannabis stocks option volume, IV and share price movements

Canopy Growth (CGC) 30-day option implied volatility is at 93; compared to its 52-week range of 55 to 184. Call put ratio 4.3 calls to 1 put with focus on February weekly calls.

GrowGeneration Corp. (GRWG) 30-day option implied volatility is at 98; compared to its 52-week range of 73 to 174. Call put ratio 4.3 calls to 1 put with focus on January calls.

Cronos Group (CRON) 30-day option implied volatility is at 96; compared to its 52-week range of 53 to 556. Call put ratio 13.7 calls to 1 put with focus on March calls.

HEXO Corp. (HEXO) 30-day option implied volatility is at 124; compared to its 52-week range of 20 to 306. Call put ratio 22 calls to 1 put with focus on February calls.

Tilray, Inc. (TLRY) 30-day option implied volatility is at 172; compared to its 52-week range of 69 to 288 as shares rally 16%. Call put ratio 2.4 calls to 1 put with focus on February weekly calls.

Aurora Cannabis (ACB) 30-day option implied volatility is at 141; compared to its 52-week range of 91 to 307. Call put ratio 5.6 calls to 1 put with focus on February 18 calls.

ETFMG Alternative Harvest ETF (MJ) 30-day option implied volatility is at 85; compared to its 52-week range of 42 to 88. Call put ratio 5.4 calls to 1 put.

IV and volume into quarter results

Activision (ATVI) February weekly call option implied volatility is at 94, February is at 38; compared to its 52-week range of 25 to 89 into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

Peloton (PTON) February weekly call option implied volatility is at 177, February is at 79; compared to its 52-week range of 65 to 157 into the expected release of quarter results today after the bell. Call put ratio 2.1 calls to 1 put.

Penn National (PENN) February weekly call option implied volatility is at 95, February is at 72; compared to its 52-week range of 42 to 435 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.

Pinterest (PINS) February weekly call option implied volatility is at 303, February is at 107; compared to its 52-week range of 45 to 155 into the expected release of quarter results today after the bell. Call put ratio 4.5 calls to 1 put.

Snap (SNAP) February weekly call option implied volatility is at 292, February is at 100; compared to its 52-week range of 38 to 126 into the expected release of quarter results today after the bell.

Columbia (COLM) February call option implied volatility is at 51, March is at 44; compared to its 52-week range of 24 to 89 into the expected release of quarter results today after the bell. Call put ratio 1 call to 2.2 puts.

Deckers (DECK) February call option implied volatility is at 53, March is at 45; compared to its 52-week range of 27 to 123 into the expected release of quarter results today after the bell. Call put ratio 1.7 calls to 1 put.

Gilead (GILD) February weekly call option implied volatility is at 85, February is at 34; compared to its 52-week range of 25 to 108 into the expected release of quarter results today after the bell. Call put ratio 3.5 calls to 1 put.

GoPro (GPRO) February weekly call option implied volatility is at 345, February is at 142; compared to its 52-week range of 54 to 314 into the expected release of quarter results today after the bell. Call put ratio 4.2 calls to 1 put.

Skechers (SKX) February weekly call option implied volatility is at 175, February is at 69; compared to its 52-week range of 30 to 124 into the expected release of quarter results today after the bell. Call put ratio 5.6 calls to 1 put with focus on February weekly calls.

T-Mobile (TMUS) February weekly call option implied volatility is at 78, February is at 35; compared to its 52-week range of 22 to 89 into the expected release of quarter results today after the bell. Call put ratio 11.4 calls to 1 put with focus on February weekly calls.

World Wrestling (WWE) February call option implied volatility is at 52, March is at 48; compared to its 52-week range of 39 to 154 into the expected release of quarter results today after the bell. Call put ratio 3.8 calls to 1 put.

Wynn Resorts (WYNN) February weekly call option implied volatility is at 90, February is at 56; compared to its 52-week range of 39 to 215 into the expected release of quarter results today.

Estee Lauder (EL) February call option implied volatility is at 38, March is at 31; compared to its 52-week range of 22 to 100 into the expected release of quarter results before the bell on February 5.

CBOE (CBOE) February weekly call option implied volatility is at 52, February is at 22; compared to its 52-week range of 19 to 64 into the expected release of quarter results before the bell on February 5. Call put ratio 58 calls to 1 put.

Cardinal Health (CAH) February weekly call option implied volatility is at 80, February is at 35; compared to its 52-week range of 28 to 88 into the expected release of quarter results before the bell on February 5. Call put ratio 2.8 calls to 1 put.

Increasing unusual option volume: ATOS TIP WBT QEP CLCT AVXL SENS GSAT TIGR DT DTEA GOOS EBAY QCOM CLOV
Increasing unusual call option volume: ATOS GSAT QEP ZYNE CRTO BXMT CRTO TIGR CRNT SENS PCAR
Increasing unusual put option volume: SAVA FE DT FLEX VGAC EXPR MXEA CLOV NOK GOOS
Options with decreasing option implied: PYPL QCOM GME BB AMC BBBY OPK HL FOSL KODK FIZZ IRBT MARA SKT
Active options: AAPL NOK TSLA AMC GME F NIO SNDL PYPL QCOM BAC AMZN AMD PLTR SQ CLOV DKNG BA WFC MSFT