Mid-session IV Report January 20, 2022

Mid-session IV Report January 20, 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: PENN NFLX APRN

Popular stocks with increasing volume: PENN T GM SNAP PLTR APRN

Penn National Gaming (PENN) January option IV and put volume up

Penn National Gaming (PENN) January call option implied volatility is at 116, February is at 75; compared to its 52-week range of 49 to 99 into the expected release of quarter results on February 3. Call put ratio 1 call to 1.5 puts with focus on January 42 puts.

Option IV elevated into quarter results

Netflix (NFLX) January call option implied volatility is at 117, February is at 45; compared to its 52-week range of 21 to 47 into the expected release of quarter results today after the bell.

Bank of OZK (OZK) January call option implied volatility is at 98, February is at 35; compared to its 52-week range of 26 to 82 into the expected release of quarter results today after the bell. Call put ratio 3.3 calls to 1 put.

Ally Financial (ALLY) January call option implied volatility is at 95, February is at 35; compared to its 52-week range of 29 to 52 into the expected release of quarter results before the bell on January 21.

Huntington Bancshares (HBAN) January call option implied volatility is at 85, February is at 34; compared to its 52-week range of 25 to 44 into the expected release of quarter results before the bell on January 21. Call put ratio 1 call to 9 points with focus on January 17 puts.

Schlumberger Ltd. (SLB) January call option implied volatility is at 75, February is at 43; compared to its 52-week range of 36 to 63 into the expected release of quarter results before the bell on January 21. Call put ratio 5.8 calls to 1 put.

Movers

Cloudflare (NET) 30-day option implied volatility is at 86; compared to its 52-week range of 41 to 87. Call put ratio 2.4 calls to 1 put as shares rally 4.8%.

Farfetch Limited (FTCH) 30-day option implied volatility is at 71; compared to its 52-week range of 47 to 105. Call put ratio 22 calls to 1 put as shares rally 1.7%.

Digital World Acquisition Corp (DWAC) January call option implied volatility is at 220, February is at 164; compared to its 52-week range of 84 to 254 as shares rally 8%. Call put ratio 2.1 calls to 1 put.

Increasing unusual option volume: APRN EVTL BCS TIP TGNA PIXY CSPR TTCF ROKU PENN
Increasing unusual call option volume: APRN COOP EVTL PIXY CSPR BKR BCS APRN CERN
Increasing unusual put option volume: TIP INVZ CSPR RF EWY TASK AU LQD PENN
Options with decreasing option implied: SOFI LCID GM AAL AA AFRM UAL AAL
Active options: F AAPL TSLA SOFI AMD LCID BBIG MSFT NVDA BABA GM AAL FB AMC NIO BAC MU PLTR AA AFRM