Mid-session IV Report January 5, 2021

Mid-session IV Report January 5, 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: MRO WVE MU WBA MRSN FUTU DAN PINS ACB SIRI

Popular stocks with increasing volume: LI JD GE PLTR AAL TEVA

Oil up into Georgia senate election results

United States Oil Fund (USO) January weekly option implied volatility is at 41, January is at 37; compared to its 52-week range of 23 to 246 as WTI crude oil near four-month highs. Call put ratio 3.8 calls to 1 put as shares up 4.8%.

Tesla (TSLA) options active, shares trade above $733

Tesla (TSLA) January weekly option implied volatility is at 63, January is at 64; compared to its 52-week range of 34 to 153. Call put ratio 1.4 calls to 1 put with focus on January weekly 720 and 730 calls.

Alibaba (BABA) January weekly call option implied volatility is at 51, January is at 41; compared to its 52-week range of 22 to 63 as shares rally 3.9%. Call put ratio 4.6 calls to 1 put with focus on January weekly 240 calls.

Micron (MU) January weekly call option implied volatility is at 99, February is at 77; compared to its 52-week range of 33 to 115 into the expected release of quarter results after the bell on January 7. Call put ratio 4.5 calls to 1 put.

Walgreens Boots Alliance (WBA) January weekly call option implied volatility is at 67, January is at 52; compared to its 52-week range of 22 to 88 into the expected release of quarter results on January 7. Call put ratio 5.6 calls to 1 put with focus on January 40 calls.

Airlines calls more active than puts, IV at lower end of four-month range

U.S. Global Jets ETF (JETS) 30-day option implied volatility is at 50; compared to its 52-week range of 14 to 204. Call put ratio 13 calls to 1 put with focus on March calls.

Spirit Airlines (SAVE) 30-day option implied volatility is at 76; compared to its 52-week range of 31 to 370. Call put ratio 1.9 calls to 1 put.

Delta (DAL) 30-day option implied volatility is at 54; compared to its 52-week range of 20 to 265. Call put ratio 3.3 calls to 1 put with focus on March and June calls.

SkyWest Airlines (SKYW) 30-day option implied volatility is at 66; compared to its 52-week range of 21 to 256.

Southwest Airlines (LUV) 30-day option implied volatility is at 46; compared to its 52-week range of 17 to 203. Call put ratio 3.8 calls to 1 put June calls.

American Airlines (AAL) 30-day option implied volatility is at 75; compared to its 52-week range of 29 to 293.

United Airlines (UAL) 30-day option implied volatility is at 65; compared to its 52-week range of 20 to 421.

Alaska Airlines (ALK) 30-day option implied volatility is at 51; compared to its 52-week range of 21 to 234.

Allegiant Air (ALGT) 30-day option implied volatility is at 53; compared to its 52-week range of 21 to 233.

Hawaiian Airlines (HA) 30-day option implied volatility is at 71; compared to its 52-week range of 31 to 274. Call put ratio 10.2 calls to 1 put with focus on February 14 calls.

JetBlue Airways (JBLU) 30-day option implied volatility is at 59; compared to its 52-week range of 26 to 221. Call put ratio 7.1 calls to 1 put with focus on March calls.

Increasing unusual option volume: TRXC DAN DVY URBN FUBO SIL AES QS
Increasing unusual call option volume: TRXC DAN FUBO CROX IGT SIL QS AES
Increasing unusual put option volume: SIL ERIC QS FUBO DD XHB XOP APA
Options with decreasing option implied: AVXL CODX BPY GRPN
Active options: AAPL TSLA NIO BABA FUBO MU TEVA AAL QS BA PLTR AMZN NVDA AMD JD MSFT GE T FB LI