Mid-session IV Report February 7, 2022

Mid-session IV Report February 7, 2022

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: CHGG HUT SQ DOCU ZNGA IPOF

Popular stocks with increasing volume: UBER PYPL AAL AMC MO PTON

Meta IV and share price decrease on active volume

Meta Platforms (FB) February (11) weekly call option implied volatility is at 67, February is at 55; compared to its 52-week range of 21 to 51. Call put ratio 1.9 calls to 1 put.

Option IV for movers

PowerShares QQQ Trust (QQQ) February (11) weekly call option implied volatility is at 33, February is at 28; compared to its 52-week range of 28 to 72. Call put ratio 1 call to 1.2 puts.

ARK Innovation ETF (ARKK) February (11) weekly call option implied volatility is at 82, February is at 75; compared to its 52-week range of 14 to 35. Call put ratio 1 call to 1.7 puts as shares rally 2%.

Alibaba (BABA) February weekly call option implied volatility is at 82, February is at 75; compared to its 52 BABA-week range of 24 to 83 amid reports a Alibaba filing may suggest Softbank intention to sell shares.

Amazon (AMZN) February (11) weekly call option implied volatility is at 43, February is at 34; compared to its 52-week range of 19 to 46 after quarter results. Call put ratio 1.3 calls to 1 put.

United States Natural Gas (UNG) February (11) weekly call option implied volatility is at 85, February is at 67; compared to its 52-week range of 30 to 291. Call put ratio 1.4 calls to 1 put as shares pull back 7.7%.

Option IV into quarter results and outlook

Chegg (CHGG) February call option implied volatility is at 212, March is at 116; compared to its 52-week range of 33 to 103 into the expected release of quarter results today after the bell.

Simon Properties (SPG) February call option implied volatility is at 58, March is at 43; compared to its 52-week range of the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put with focus on February ATM calls.

Take-Two Interactive Software (TTWO) February weekly call option implied volatility is at 115, February is at 78; compared to its 52-week range of 24 to 55 into the expected release of quarter results today after the bell.

Chipotle Mexican Grill (CMG) February weekly call option implied volatility is at 110, February is at 76; compared to its 52-week range of 28 to 41 into the expected release of quarter results today after the bell on February 8.

Coty (COTY) February weekly call option implied volatility is at 194, March weekly is at 124; compared to its 52-week range of 43 to 120 into the expected release of quarter results before the bell on February 8. Call put ratio 3.9 calls to 1 put.

Lyft (LYFT) February weekly call option implied volatility is at 159, February is at 105; compared to its 52-week range of 41 to 76 into the expected release of quarter results on February 8. Call put ratio 2.3 calls to 1 put.

Pfizer (PFE) February weekly call option implied volatility is at 84, February is at 58; compared to its 52-week range of 17 to 42 into the expected release of quarter results before the bell on February 8.

Uber (UBER) February weekly call option implied volatility is at 160, February is at 106; compared to its 52-week range of 37 to 76 into the expected release of quarter results on February 9. Call put ratio 3.3 calls to 1 put.

MGM Resorts (MGM) February weekly call option implied volatility is at 81, March is at 77; compared to its 52-week range of 35 to 60 into the expected release of quarter results on February 9. Call put ratio 3 calls to 1 put.

Yum! Brands (YUM) February weekly call option implied volatility is at 58, February is at 55; compared to its 52-week range of 16 to 31 into expected release of quarter results on February 9.

Twitter (TWTR) February weekly call option implied volatility is at 186, February is at 124; compared to its 52-week range of 33 to 80 into the expected release of quarter results on February 10. Call put ratio 1.7 calls to 1 put with focus on February weekly calls.

Frontier Group Holdings, Inc. (ULCC) February option implied volatility is at 80, March is at 69; compared to its 52-week range of 39 to 66 after combining with Spirit Airlines (SAVE). Call put ratio 25 calls to 1 put.

Spirit Airlines (SAVE) February option implied volatility is at 75, March is at 60; compared to its 52-week range of 44 to 83 after combining with Frontier Group Holdings, Inc. (ULCC). Call put ratio 2.8 calls to 1 put.

Increasing unusual option volume: LESL APTS FOSL ITB NEWR PTON
Increasing unusual call option volume: APTS FOSL NEWR AMPY ITB TSN HOG SAVE BKKT
Increasing unusual put option: volume: ITB BEKE CHGG SSYS CFVI
Options with decreasing option implied: XLF AVXL BOIL KOLD SNAP BILL PINS UNG SKX GILD ABBV
Active options: TSLA PTON AAPL FB AMD F SNAP BABA PLTR UBER MARA BEKE NIO AMZN NVDA RIOT AMC RIOT AMC PYPL BBIG PFE