Mid-session IV Report July 27, 2018

Mid-session IV Report July 27, 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: CBS VIAB AMZN FB HYG IBM VALE BABA QQQ PFE CRM SQ TSLA XLK

Popular stocks with increasing unusual option volume: CHK MU SNAP GE NXPI CBS VIAB Z ZG

CBS Corp. (CBS) call put ratio 1 call to 1.9 puts as shares sell off 3.8% on headline Leslie Moonves Accused of Sexual Misconduct – Hollywood Reporter.

CBS Corp. (CBS) July weekly call option implied volatility is at 300, August weekly is at 42, August is at 33; compared to its 52-week range of 22 to 42 on headline Leslie Moonves Accused of Sexual Misconduct – Hollywood Reporter.

Viacom (VIAB) call put ratio 1.59 calls to 1 put.

Apple (AAPL) August weekly call option implied volatility is at 35, August is at 24; compared to its 52-week range of 16 to 34 into the expected release of Q3 after the market close on July 31.

Akamai Technology (AKAM) August weekly call option implied volatility is at 67, August is at 44; compared to its 52-week range of 19 to 55 into the expected release of EPS after the market close on July 31. Call put ratio 4.77 calls to 1 put.

Pandora (P) August weekly call option implied volatility is at 105, August is at 70; compared to its 52-week range of 43 to 112 into the expected release of Q3 after the market close on July 31.

Proctor & Gamble (PG) August weekly call option implied volatility is at 24, August is at 25; compared to its 52-week range of 10 to 24 into the expected release of EPS before the open on July 31. Call put ratio 2.7 calls to 1 put.

Ralph Lauren (RL) August weekly call option implied volatility is at 63, August is at 43; compared to its 52-week range of 23 to 46 into the expected release of EPS before the open on July 31.

Square (SQ) August weekly call option implied volatility is at 71, August is at 55; compared to its 52-week range of 32 to 75 into the expected release of EPS on July 31. Call put ratio 3.5 calls to 1 put.

Zillow Group, Inc. (ZG) August call option implied volatility is at 54, September is at 44; compared to its 52-week range of 29 to 64. Call put ratio is at 1 call to 13.7 puts.
Zillow (Z) August weekly call option implied volatility is at 43, August is at 52; compared to its 52-week range of 28 to 59 into the expected release of EPS on August 6. Steven Eisman of ‘The Big Short’ fame said on Bloomberg he is short the stock. Eisman said growth is slowing and its move to enter the home-flipping game is a “terrible business”.

Increasing unusual call option volume: MHK CHK STAY UIS ZBH RRD HIG LOGM PAGP EVH EXPE SUM
Increasing unusual put option volume: Z WFT MDY GDS VIRT BYD AEO NYT CRI NGD APTV EW CRTO ALK BBY
Options with decreasing option implied volatility: IRBT GRUB UPS KO ANTM T CHKP TXN SIRI GLW BA GM UPS
Active options: AMD FB TWTR WFT INTC AMZN AAPL BABA BAC T NXPI NFLX MSFT TSLA MU CHK SNAP GE NVDA