Mid-session IV Report July 23, 2018

Mid-session IV Report July 23, 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: SWK MMM LITE IRBT GM AXTA ALB KR V KR WHR TLT

Popular stocks with increasing unusual option volume: GM NXPI HAL CLF

Alphabet (GOOGL) July weekly call option implied volatility is at 52, August is at 28; compared to its 52-week range of 14 to 40 into the expected release of Q2 after the market close on July 23. Call put ratio 1.1 calls to 1 put.

Allegiant Travel (ALGT) August call option implied volatility is at 37, October is at 31; compared to its 52-week range of 27 to 49 into the expected release of Q2 after the market close on July 25.

Baidu (BIDU) July weekly call option implied volatility is at 34, August is at 40; compared to its 52-week range of 24 to 50 into the expected release of Q2 after the market close on July 25.

Facebook (FB) July weekly call option implied volatility is at 64, August is at 33; compared to its 52-week range of 16 to 44 into the expected release of Q2 after the market close on July 25.

General Motors (GM) July weekly call option implied volatility is at 51, August is at 28; compared to its 52-week range of 17 to 40 into the expected release of Q2 before the market open on July 25.

Mattel (MAT) July weekly call option implied volatility is at 122, August is at 66; compared to its 52-week range of 26 to 91 into the expected release of Q2 before the market open on July 25.

UPS (UPS) July weekly call option implied volatility is at 40, August is at 22; compared to its 52-week range of 12 to 31 into the expected release of Q2 before the market open on July 25.

PayPal (PYPL) July weekly call option implied volatility is at 64, August is at 33; compared to its 52-week average of 20 to 43 into Third Point disclosed a new stake in PayPal in its Q2 letter, according to Bloomberg. Call put ratio 1.5 calls to 1 put.

Health care provider option implied volatility after LifePoint Health (LPNT) announced a deal to be acquired by Apollo Global Management (APO) affiliates for $65 per share

Community Health (CYH) July weekly call option implied volatility is at 179, August is at 100, compared to its 52-week range of 54 to 111 after LifePoint Health (LPNT) announced a deal to be acquired by Apollo Global Management (APO) affiliates for $65 per share in cash and the expected release of EPS on July 26.

Centene (CNC) August call option implied volatility is at 25, September is at 24, compared to its 52-week range of 22 to 47 into the expected release of EPS on July 24.

Molina Healthcare (MOH) August call option implied volatility is at 44, August is at 36, compared to its 52-week range of 25 to 64 into the expected release of EPS on July 31.

Tenet (THC) July weekly call option implied volatility is at 50, August is at 60, compared to its 52-week range of 43 to 84 into the expected release of EPS on August 6.

HCA Holdings (HCA) July weekly call option implied volatility is at 37, August is at 22, compared to its 52-week range of 17 to 34 into the expected release of EPS on July 25.

Universal Health (UHS) 30-day option implied volatility is at 25, compared to its 52-week range of 20 to 43.

Increasing unusual call option volume: AMBC RRD TSS HAS AXTA SORRL AMPE RMBS EIX

Increasing unusual put option volume: CYH CTS HCLP XME HAS PRTA HCRK CHS PETS

Options with decreasing option implied volatility: HAS SKX ITW PDCO IQ SKX HAL RHT

Active options: GE BAC TSLA AAPL MU MSFT NFLX T CLF FB AMD JPM BABA NVDA HAL GM AMZN NXPI TSLA WFC