Mid-session IV Report February 7, 2019

Mid-session IV Report February 7, 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 overlooked information.

Options with increasing option implied volatility: DISH BBT ARRY STI PSEC RF HLF KHC ET IBM F C DB MAT

Options with increasing volume: CMG CRON FIS EXP SKY HAIN MGNX PKI SLDB RPD

BB&T (BBT) February call option implied volatility is at 21, March is at 18; compared to its 52-week range of 17 to 37 after combining with SunTrust Banks (STI) in an all-stock merger of equals valued at approximately $66B. Call put ratio 1 call to 3.8 puts with focus on February puts.

SunTrust Banks (STI) February call option implied volatility is at 22, March is at 22; compared to its 52-week range of 17 to 44 after combining with BB&T (BBT) in an all-stock merger of equals valued at approximately $66B.

Regional bank stocks calls are active after SunTrust Banks, Inc. (STI) and BB&T Corporation (BBT) announced a $66 billion merger.

Comerica (CMA) February call option implied volatility is at 21, March is at 20; compared to its 52-week range of 18 to 43. Call put ratio 20 calls to 1 put with focus on March 80 calls.

Regions Financial (RF) February call option implied volatility is at 28, March is at 25; compared to its 52-week range of 19 to 48. Call put ratio 10 calls to 1 put with focus on February 16 and March 17 calls.

KeyCorp (KEY) February call option implied volatility is at 23, March is at 22; compared to its 52-week range of 19 to 49. Call put ratio 24 calls to 1 put with focus on March 17 calls.

PNC (PNC) February call option implied volatility is at 31, March is at 22; compared to its 52-week range of 16 to 43.

Fifth Third Bancorp (FITB) February call option implied volatility is at 22, March is at 23; compared to its 52-week range of 20 to 43. Call put ratio 13 calls to 1 put with focus on February 28 calls.

Huntington Bancshares (HBAN) February call option implied volatility is at 18, March is at 22; compared to its 52-week range of 17 to 43. Call put ratio 270 calls to 1 put with focus on February 14 calls.

Mattel (MAT) February weekly call option implied volatility is at 195, February is at 104; compared to its 52-week range of 33 to 76 into the expected release of EPS after the bell on February 7. Call put ratio 2 calls to 1 put.

CBOE Global Markets (CBOE) February weekly call option implied volatility is at 55, February is at 31; compared to its 52-week range of 20 to 45 into the expected release of EPS before the open on February 8.

Exelon (EXC) February call option implied volatility is at 16, March is at 15; compared to its 52-week range of 14 to 30 into the expected release of EPS before the open on February 8. Call put ratio 2.8 calls to 1 put.

Hasbro (HAS) February weekly call option implied volatility is at 151, February is at 65; compared to its 52-week range of 18 to 45 into the expected release of EPS before the open on February 8.

Phillips 66 (PSX) February weekly call option implied volatility is at 71, February is at 31; compared to its 52-week range of 16 to 44 into the expected release of EPS before the open on February 8. Call put ratio 4 calls to 1 put.

Increasing unusual call option volume: EXP HAIN MGNX QNST LIVN SOXS IRBT CMG MHK HBI GRUB SONO MTCH
Increasing unusual put option volume: PKI PSTG ITW EUFN GRUB STI TEL TROW MCO DNKN NXPI FISV TPR
Options with decreasing option implied volatility: GPRO GRUB IRBT FEYE TWTR FTNT HBI CMG SONO K TWTR FEYE NXPI
Active options: AAPL TWTR BAC GE SNAP AMD FB NVDA MU AMZN F NFLX TSLA CRON T CMG GM BA MSFT BABA