Mid-session IV Report July 16, 2020

Mid-session IV Report July 16, 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: AMZN DISH BHC SPCE DB HPQ TWTR STX

Popular stocks with increasing unusual volume: NCLH MS MRNA DKNG SPCE

Amazon (AMZN) July call option implied volatility is at 70, August is at 54; compared to its 52-week range of 16 to 69 as shares sell off for the fourth day in a row.

Netflix (NFLX) July call option implied volatility is at 207, August is at 64; compared to its 52-week range of 27 to 99 into the expected release of quarter results today after the bell. Call put ratio 3.1 calls to 1 put with focus on July 530 calls.

Tesla (TSLA) July call option implied volatility is at 107, August is at 120; compared to its 52-week range of 33 to 154 into the expected release of quarter results on July 22. Call put ratio 2.1 calls to 1 into annual shareholder meeting and ‘Battery Day’ on September 22.

NIO Inc. (NIO) July call option implied volatility is at 190, August is at 159; compared to its 52-week range of 76 to 221. Call put ratio 2.8 calls to 1 put with focus on July 13 calls.

Workhorse Group (WKHS) July call option implied volatility is at 190, August is at 174; compared to its 52-week range of 102 to 286 as shares sell off 4%. Call put ratio 1.2 calls to 1 put with focus on July calls.

Nikola (NKLA) July call option implied volatility is at 182, August is at 139; compared to its 52-week range of 67 to 305 as shares sell off 3%. Call put ratio 1.9 calls to 1 put.

Virgin Galactic Holdings (SPCE) July call option implied volatility is at 180, August is at 133; compared to its 52-week range of 39 to 237. Call put ratio 8.9 calls to 1 put with focus on July 20 and 21 calls.

Option implied volatility for stocks into quarter results

Ally Financial (ALLY) July call option implied volatility is at 160, August is at 66; compared to its 52-week range of 19 to 192 into the expected release of quarter results before the bell on July 17. Call put ratio 3.9 calls to 1 put with focus on July 22 calls.

Blackrock (BLK) July call option implied volatility is at 58, August is at 31; compared to its 52-week range of 16 to 107 into the expected release of quarter results before the bell on July 17. Call put ratio 2 calls to 1 put.

Kansas City Southern (KSU) July call option implied volatility is at 100, August is at 45; compared to its 52-week range of 18 to 82 into the expected release of quarter results before the bell on July 17. Call put ratio 2.3 calls to 1 put.

State Street (STT) July call option implied volatility is at 103, August is at 44; compared to its 52-week range of 22 to 112 into the expected release of quarter results before the bell on July 17.

Dell Technologies (DELL) July call option implied volatility is at 72, August is at 45; compared to its 52-week range of 26 to 118 after confirming considering VMWare (VMW) spinoff. Call put ratio 4.7 calls to 1 put with focus on July 60, 62.50 and 65 calls.

VMWare (VMW) July call option implied volatility is at 47, August is at 39; compared to its 52-week range of 22 to 87 after Dell Technologies (DELL) confirming considering VMWare spinoff. VMW call put ratio 1.4 calls to 1 put.

Sonos (SONO) July call option implied volatility is at 108, August is at 105; compared to its 52-week range 41 to 120. Call put ratio 35 calls to 1 put with focus on July 15 and 17.50 calls as shares rally 7%.
Intuitive Surgical (ISRG) call put ratio 5 calls to 1 put with focus on July 610 calls as shares near record high.

Twitter (TWTR) July call option implied volatility is at 73, August is at 69; compared to its 52-week range of 26 to 138 after Obama, Biden, Bezos, Musk, other Twitter accounts hacked in bitcoin scam. Call put ratio 1 call to 1.2 puts.

Increasing unusual option volume: SPWH NBRV DGLY QGEN TIP CLNY LRN WKHS
Increasing unusual call option volume: SPWH NBRV DGLY THC QGEN CLNY DELL
Increasing unusual put option volume: LOGI DXC ASHR VMC DELL
Options with decreasing option implied volatility: BYFT ALT NIO CZR SVXY FIT TIF UNH
Active options: AAPL BAC SPCE TSLA AAL NIO MSFT TWTR AMZN BA NFLX JPM AMD DKNG FB NCLH MS F MRNA BABA