Mid-session IV Report July 14, 2020

Mid-session IV Report July 14, 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: SPCE EVRI JMIA TSLA STNE AMZN NFLX ACB AMRN HLF ADBE VAPO

Popular stocks with increasing unusual volume: SPCE SQ ROKU NKLA

IV for stocks into quarter results

Alcoa (AA) July call option implied volatility is at 100, August is at 77; compared to its 52-week range of 34 to 182 into the expected release of quarter results after the bell on July 14.

Bank of New York Mellon (BK) July call option implied volatility is at 74, August is at 37; compared to its 52-week range of 18 to 118 into the expected release of quarter results before the bell on July 15. Call put ratio 3.2 calls to 1 put with focus on August 40 calls.

Goldman Sachs (GS) July call option implied volatility is at 72, August is at 44; compared to its 52-week range of 18 to 116 into the expected release of quarter results before the bell on July 15. Call put ratio 2.9 calls to 1 put with focus on July 210 calls.

PNC Financial (PNC) July call option implied volatility is at 68, August is at 45; compared to its 52-week range of 16 to 115 into the expected release of quarter results before the bell on July 15. Call put ratio 2.7 calls to 1 put.

United Health Group (UNH) July call option implied volatility is at 54, August is at 34; compared to its 52-week range of 19 to 94 into the expected release of quarter results before the bell on July 15. Call put ratio 3.1 calls to 1 put with focus on July 305 calls.

K12, Inc. (LRN) July call option implied volatility is at 101, August is at 84; compared to its 52-week range of 34 to 168. Call put ratio 180 calls to 1 put with focus on July 35 calls.

Option implied volatility for stocks with investments in electric vehicles

Tesla (TSLA) July call option implied volatility is at 135 August is at 127; compared to its 52-week range of 33 to 154 into the expected release of quarter results on July 22. Tesla to hold annual shareholder meet and ‘Battery Day’ on Sept. 22. Call put ratio 1.3 calls to 1 put.

NIO Inc. (NIO) July weekly call option implied volatility is at 183, August is at 169; compared to its 52-week range of 76 to 221 as shares sell off 3%. Call put ratio 2.1 calls to 1 put.

Workhorse Group (WKHS) July call option implied volatility is at 207, August is at 183; compared to its 52-week range of 102 to 286 as shares rally 4%.

Nikola (NKLA) July call option implied volatility is at 187, August is at 146; compared to its 52-week range of 67 to 305 as shares rally 3%. Call put ratio 1.6 calls to 1 put.

Increasing unusual option volume: STM WKHS SOLO CARS TIP LRN
Increasing unusual call option volume: LRN STM WKHS CARS THO SOLO HBI
Increasing unusual put option volume: MSI FDN MFA DLR SSRM
Options with decreasing option implied volatility: BYFT FIT HON UUP
Active options: AAPL TSLA MSFT NIO WFC JPM FB AMD BABA AMZN BAC F NFLX SQ SNAP DAL SPCE ROKU NKLA