Mid-session IV Report July 11, 2024

Mid-session IV Report July 11, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: SOUN GRPN UPST AAOI HE U APP HIMS QS PLTR TOST FTNT LYFT TRIP ELF HOOD CELH TTD BMBL NNN PBR

Popular stocks with increasing volume: SOFI AAL BIDU PFE PLTR DAL INTC BABA GME RIVN

Active options: NVDA TSLA AMD AAPL AMZN SOUN SOFI AAL BIDU PFE PLTR DAL INTC QS META BABA GME MARA

Broadcom (AVGO) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 59. Call put ratio 2.8 calls to 1 put into Broadcom’s 10-for-1 stock split next week.

Pfizer (PFE) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 34 after the drugs giant announced that it was advancing the development of its key anti-obesity drug.

Amazon (AMZN) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 49 after Amazon’s AWS Summit on Wednesday. Call put ratio 3 calls to 1 put with focus on July 12 weekly 195 and 200 calls.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 89; compared to its 52-week range of 55 to 165 after the company announced that its board of directors has approved a 10-for-1 stock split of its class A and class B common stock. Call put ratio 2.7 calls to 1 put with focus on July 12 weekly calls and puts as share price up 5.8%.

Option IV into quarter results

J P Morgan (JPM) July 12 weekly call option implied volatility is at 64, July is at 32; compared to its 52-week range of 15 to 29; into the expected release of quarter results before the bell on July 12. Call put ratio 1.6 calls to 1 put with focus on July 12 weekly 210 calls.

Wells Fargo (WFC) July 12 weekly call option implied volatility is at 71, July is at 34; compared to its 52-week range of 19 to 37; into the expected release of quarter results before the bell on July 12. Call put ratio 1.8 calls to 1 put with focus on July 12 weekly 60 calls.

Citigroup (C) July 12 weekly call option implied volatility is at 101, July is at 42; compared to its 52-week range of 21 to 35; into the expected release of quarter results before the bell on July 12. Call put ratio 2.3 calls to 1 put with focus on July 12 weekly 65, 67 and 68 calls.

The Bank of New York Mellon (BK) July call option implied volatility is at 32, August is at 21; compared to its 52-week range of 15 to 72; into the expected release of quarter results before the bell on July 12. Call put ratio 1.3 calls to 1 put.

Fastenal (FAST) July call option implied volatility is at 53, August is at 31; compared to its 52-week range of 15 to 67; into the expected release of quarter results before the bell on July 12.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 14; compared to its 52-week range of 11 to 21 into bank quarter results. Call put ratio 1 call to 1 put with focus on January weekly 40 calls and puts.

SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 38 into bank quarter results. Call put ratio 2.3 calls to 1 put with focus on July 26 weekly 51 calls.

Options with decreasing option implied volatility: HL XP PARA CAG
Increasing unusual option volume: QURE ACI SNY VRNA PPL DJX COUR NU TME
Increasing unusual call option volume: QURE ACI DJX SNY PPL NU TME OLLI OHI GLNG LNTH
Increasing unusual put option volume: NVS RF QS URBN FIVE CAG LNTH CPB SABR HUBS OMF