Mid-session IV Report July 12, 2018

Mid-session IV Report July 12, 2018

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 overlooked information.

Options with increasing option implied volatility: FOSL TTD KORS WTW GOOS MNST AVGO S BKNG UAA NXPI AZN NVS INFY ROKU QCOM

Popular stocks with increasing unusual option volume: IQ DAL JPM

Financial Select Sector SPDR ETF (XLF) July weekly call option implied volatility is at 26, July is at 20, August is at 17; compared to its 52-week range of 12 to 27 into bank EPS season. Call put ratio 1 to 1.

Citigroup (C) July weekly call option implied volatility is at 52, July is at 26, August is at 23; compared to its 52-week range of 16 to 32 into the expected release of Q2 results before the open on July 13. Call put ratio 1.4 calls to 1 put.

JPMorgan (JPM) July weekly call option implied volatility is at 46, July is at 24, August is at 22; compared to its 52-week range of 14 to 35 into the expected release of Q2 results before the open on July 13. Call put ratio 4.5 calls to 1 put.

PNC Financial (PNC) July weekly call option implied volatility is at 46, July is at 26, August is at 23; compared to its 52-week range of 17 to 33 into the expected release of Q2 results before the open on July 13. Call put ratio 1.1 calls to 1 put.

Wells Fargo (WFC) July weekly call option implied volatility is at 61, July is at 30, August is at 22; compared to its 52-week range of 15 to 30 into the expected

release of Q2 results before the open on July 13. Call put ratio 2.7 calls to 1 put.

Papa John’s (PZZA) July weekly call option implied volatility is at 54, July and August is at 40; compared to its 52-week range of 22 to 65 as shares rally 11% on founder departure. Call put ratio 2.3 calls to 1 put.

Netflix (NFLX) July weekly call option implied volatility is at 42, July is at 81, August is at 50; compared to its 52-week range of 23 to 63 into the expected release of Q2 results after the market close on July 16. Call put ratio 1.8 calls to 1 put.

AT&T (T) July call option implied volatility is at 14, August is at 21; compared to its 52-week range of 14 to 30 into the expected release of Q2 results after the market close on July 24. Call put ratio 1.6 calls to 1 put. AT&T (T) shares are trading at the low end of six-year range.

Verizon Communications (VZ) July call option implied volatility is at 16, August is at 17; compared to its 52-week range of 14 to 30 into the expected release of Q2 results after the market close on July 24. Call put ratio 1.5 calls to 1 put. VZ shares are trading 4 points from record high.

Shutterfly (SFLY) call put ratio 15 calls to 1 put with focus on July 95 calls after 9to5Mac reports Apple (AAPL) is discontinuing its photo printing service. July call option implied volatility is at 33, August is at 45; compared to its 52-week range of 31 to 53.

Papa John’s (PZZA) July weekly call option implied volatility is at 54, July and August is at 40; compared to its 52-week range of 22 to 65 as shares rally on founder departure. Call put ratio 2.3 calls to 1 put as shares rally 11%.

Increasing unusual call option volume: PAGS IQ JPM BAC PZZA AEO SAVE CA CONN
Increasing unusual put option volume: FOX CA ZN DVA PZZA CTB LB ICE JCP INFY
Options with decreasing option implied volatility: CA ZGNX FAST PEP DAL FCX PFE EEM ARNX GDX
Active options: AMZN NFLX AAPL FB BAC MU AVGO MSFT BABA TWTR PAGS T TSLA AMD NXPI NVDA DAL IQ JPM