Mid-session IV Report July 1, 2020

Mid-session IV Report July 1, 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.

Options with increasing option implied volatility: IRBT TGTX TCO MELI AMRN

Popular stocks with increasing unusual volume: FDX PFE ROKU TWTR DAL

Tesla (TSLA) July weekly call option implied volatility is at 82, July is at 64; compared to its 52-week range of 33 to 154 as shares trade above $1100.

UPS (UPS) July weekly call option implied volatility is at 111, July is at 55; compared to its 52-week range of 16 to 77 after FedEx (FDX) releases better than expected quarter results and guidance. Call put ratio 10 calls to 1 put as shares up 5%.

FedEx (FDX) July weekly call option implied volatility is at 75, July is at 43; compared to its 52-week range of 22 to 137 as shares rally 16% amid better than expected quarter results and outlook. Call put ratio 1.6 calls to 1 put.

Pfizer (PFE) July weekly call option implied volatility is at 44, July is at 34, compared to its 52-week range 15 to 72 after Pfizer and BioNTech (BNTX) announce preliminary data from SARS-CoV-2 vaccine candidates.

BioNTech (BNTX) July call option implied volatility is at 111, August is at 110; compared to its 52-week range of 98 to 185 after Pfizer (PFE) and BioNTech announce preliminary data from SARS-CoV-2 vaccine candidates. Call put ratio 3.1 calls to 1 put with focus on July 75 calls.

Hertz Global (HTZ) call put ratio 1.2 calls to 1 put as shares really 4%. 30-day option implied volatility is at 278; compared to its 52-week range of 40 to 471.

Option implied volatility for Industrial Metal Miners

Freeport-McMoran (FCX) 30-day option implied volatility is at 64; compared to its 52-week range of 35 to 185

Southern Copper (SCCO) 30-day option implied volatility is at 40; compared to its 52-week range of 23 to 114

Ishares Silver Trust (SLV) 30-day option implied volatility is at 32; compared to its 52-week range of 14 to 94

Vale S.A. (VALE) 30-day option implied volatility is at 49; compared to its 52-week range of 27 to 157
Rio Tinto plc (RIO) 30-day option implied volatility is at 36; compared to its 52-week range of 21 to 115

BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 36; compared to its 52-week range of 18 to 123

Increasing unusual option volume: WKHS DXC SONO HIMX
Increasing unusual call option volume: WKHS DXC SONO HIMX TTOO YRCW NRG BE WEN
Increasing unusual put option volume: DXC CROX IBKR TAP FDX LC PLUG KEYS
Options with decreasing option implied volatility: NKLA RAD APT VIXY VXX CLVS
Active options: TSLA AAL FB BYND AAPL PFE BA FDX UAL MSFT AMD INO WKHS DIS DAL BAC ROKU M NIO TWTR