Mid-session IV Report January 7, 2021

Mid-session IV Report January 7, 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: CHL DDD PINS SNAP TEVA SKX CMG CHL PLUG

Popular stocks with increasing volume: SNAP RIOT MARA ROKU PLUG BBBY

Tesla (TSLA) options active, shares trade above $800

Tesla (TSLA) January weekly option implied volatility is at 72, January is at 60, February is at 73; compared to its 52-week range of 34 to 153 as shares rally 5.8%. Call put ratio 1.9 calls to 1 put with focus on January weekly 800 and 810 calls.

General Electric (GE) January weekly call option implied volatility is at 47, January is at 45; compared to its 52-week range of 29 to 142 as shares above $11.40. Call put ratio 4.3 calls to 1 put with focus on January 12 calls.

Snowflake (SNOW) January weekly call option implied volatility is at 133, January is at 85, February is at 68; compared to its 16-week range of 47 to 100 as shares rally 8.8%. Call put ratio 2.6 calls to 1 put with focus on February 300 calls.

Heavy earth moving stocks IV

Textron (TXT) 30-day option implied volatility is at 43, compared to its 52-week range of 26 to 124 into the expected release of quarter results on January 27.

Caterpillar (CAT) 30-day option implied volatility is at 34, compared to its 52-week range of 23 to 96 into the expected release of quarter results on January 29.

Deere (DE) 30-day option implied volatility is at 30, compared to its 52-week range of 19 to 101 into the expected release of quarter results on February 19.

Magnite (MGNI) call put ratio 1 call to 1.8 puts with focus on January 25 puts.

Social Capital Hedosophia Holdings Corp. III (IPOC) call put ratio 10.4 calls to 1 put with focus on 17.50 calls as shares rally 5%.

Option implied volatility for Hospital groups

Community Health (CYH) 30-day option implied volatility is at 85; compared to its 52-week range of 64 to 540.

HCA Healthcare (HCA) 30-day option implied volatility is at 39; compared to its 52-week range of 18 to 167.

Tenet (THC) 30-day option implied volatility is at 60; compared to its 52-week range of 34 to 166.

Universal Health (UHS) 30-day option implied volatility is at 36; compared to its 52-week range of 18 to 130.

Molina Healthcare (MOH) 30-day option implied volatility is at 42; compared to its 52-week range of 33 to 94.

Increasing unusual option volume: QGEN GHIV CNET XNET CBAT NXTD ALKS ICLN IGT DGLY CPRI MGNI
Increasing unusual call option volume: XNET CBAT ALKS WBT IGT ICLN DGLY
Increasing unusual put option volume: WW MGNI MLCO CPRI DGLY CC CBAT MARA BBBY
Options with decreasing option implied: CODX CVM BBBY GRPN STZ CAG
Active options: AAPL TSLA NIO PLUG BAC BABA AMD WFC TLRY MSFT BBBY AMZN FB JPM SNAP RIOT MARA NVDA SNDL ROKU