Mid-session IV Report January 15, 2020​

Mid-session IV Report January 15, 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: MS SHAK TLRY CGC PTON UA DDD MS SLB AAPL SIX YNDX NTAP KO CSCO PTON DBX ATVI OSTK COTY PG WDC TEVA​
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Popular stocks with increasing unusual volume: SHAK DBX IBM CLVS SQ ​TGT
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Apple (AAPL) IV up, Deere (DE) IV low and Caterpillar (CAT) IV flat into China trade signing ​
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Apple (AAPL) 30-day call option implied volatility is at 33; compared to its 52-week range of 18 to 35 into China trade agreement signing.​
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Deere (DE) 30-day call option implied volatility is at 20; compared to its 52-week range of 19 to 41 into China trade agreement signing.​
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Caterpillar (CAT) 30-day call option implied volatility is at 26; compared to its 52-week range of 20 to 37.​
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Walmart (WMT) call put ratio 2.8 calls to 1 put with focus on January 116 calls as Target (TGT) sells off 7.5%.

IBM (IBM) January call option implied volatility is at 20, January weekly (24) is at 37, February is at 24; compared to its 52-week range of 18 to 33 into the expected release of quarter results on January 21. Call put ratio 6.8 calls to 1 put with focus on January 137 and 138 calls.​

Dropbox (DBX) January call option implied volatility is at 60, February is at 48; compared to its 52-week range of 31 to 62 as shares rally 3.4%. Call put ratio 54 calls to 1 put with focus on January 18, 18.50 and 19 calls into the expected release of quarter results on February 19.​

Square (SQ) January call option implied volatility is at 36, February is at 33; compared to its 52-week range of 30 to 62. Call put ratio 2.6 calls to 1 put with focus on January 69.50 and 70 calls.​

Shake Shack (SHAK) January call option implied volatility is a 91, January weekly is at 56, February is at 46; compared to its 52-week range of 31 to 56 as shares rally 9.5%. Call put ratio 10.5 calls to 1 put with focus on January 69, 70, 71 and 72 calls EPS expected in February. ​

Biogen (BIIB) January call option implied volatility is at 30, February is at 29; compared to is 52-week range of 25 to 47 into an expected patent challenge decision to its top product, Tecfidera, a multiple sclerosis drug. Call put ratio 5.2 calls to 1 put with focus on January 300 calls into the expected release of quarterly results on January 30.​
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Alcoa (AA) January call option implied volatility is at 90, February is at 51; compared to its 52-week range of 34 to 57 into the expected release of quarterly results today after the bell on January 15. Call put ratio 2.8 calls to 1 put with focus on January 20 calls. ​

Morgan Stanley (MS) January call option implied volatility is at 51, February is at 29; compared to its 52-week range of 19 to 34 into the expected release of quarterly results before the bell on January 16. Call put ratio 3.7 calls to 1 put with focus on January 53 calls. ​

Bank of New York Mellon (BK) January call option implied volatility is at 55, February is at 18; compared to its 52-week range of 18 to 33 into the expected release of quarterly results before the bell on January 16. Call put ratio 1 call to 5.5 puts with focus on January 50 puts.​

Bank OZK (OZK) January call option implied volatility is at 70, February is at 30; compared to its 52-week range of 26 to 72 into the expected release of quarterly results after the bell on January 16.​

CSX (CSX) January call option implied volatility is at 58, February is at 22; compared to its 52-week range of 18 to 35 into the expected release of quarterly results after the bell on January 16. Call put ratio 3.5 calls to 1 put.​
Schwab (SCHW) January call option implied volatility is at 55, February is at 27; compared to its 52-week range of 23 to 38 into the expected release of quarterly results before the bell on January 16.​

Taiwan Semiconductor (TSM) January call option implied volatility is at 52, February is at 27; compared to its 52-week range of 20 to 35 into the expected release of quarterly results on January 16. Call put ratio 1.2 calls to 1 put with focus on February 60 and 65 calls active. January 60, February 55 and 60 puts active. ​
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Increasing unusual option volume: EQR RGR SHAK KNDI OGI BBL AVXL BBL ON GTE DBX FSLR​ MNTA TGT
Increasing unusual call option volume: SHAK R OGI ON DBX PS KNDI COHR SMPL EDIT PINS PEI ERIC ​
Increasing unusual put option volume: FSLR TSM ACOR NKTR BOOT MNK RSX MAT ANF SIX TGT​
Options with decreasing option implied volatility: BBBY TGT ABMD QURE INFY CLF KSS FCAU JPM BAC WFC GS C ​
Active options January 15: AAPL NIO TSLA BAC WFC BYND ACB TGT AMD SHAK CRON FB TSM PINS TLRY TEVA GS SNAP PFE CGC​