Mid-session IV Report July 27, 2020

Mid-session IV Report July 27, 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: TGTX SLV IAU GLD SOHU TACO CAPR VXRT CNXM DVAX

Popular stocks with increasing unusual volume: TSM SPCE MRNA AUY TLRY

Market Vectors Gold Miners ETF (GDX) July weekly call option implied volatility is at 59, August is at 48; compared to its 52-week range of 22 to 158 as gold trades up. Call put ratio 2.3 calls to 1 put with focus on July weekly calls.

DraftKings (DKNG) July weekly call option implied volatility is at 123, August is at 107; compared to its 52-week range of 54 to 142. Call put ratio 1.2 calls to 1 put as shares sell off after MLB cancels games.

Riot Blockchain (RIOT) July weekly call option implied volatility is at 288, August is at 212; compared to its 52-week range of 85 to 260. Call put ratio 17 call to 1 put as shares rally 27% on Bitcoin.

Overstock.com (OSTK) July weekly call option implied volatility is at 160, August is at 125; compared to its 52-week range of 68 to 213. Call put ratio 4.7 call to 1 put as shares rally 7% on Bitcoin.

Xperi Corporation (XPER) August call option implied volatility is at 55, September is at 45; compared to its 52-week range of 30 to 163 into the expected release of quarter results on August 4. Call put ratio 9.4 calls to 1 put with focus on August 17 calls.

Tilray, Inc. (TLRY) July weekly call option implied volatility is at 102, August is at 103; compared to its 52-week range of 66 to 267. Call put ratio 8.1 calls to 1 put with focus on July weekly 7.5 calls

Option IV into quarter results

3M (MMM) July weekly call option implied volatility is at 46, August is at 30; compared to its 52-week range of 29 to 163 into the expected release of quarter results before the bell on July 28.

Advanced Micro Devices (AMD) July weekly call option implied volatility is at 116, August is at 71; compared to its 52-week range of 36 to 117 into the expected release of quarter results after the bell on July 28. Call put ratio 2.6 calls to 1 put with focus on July 70 calls.

Akamai (AKAM) July weekly call option implied volatility is at 68, August is at 41; compared to its 52-week range of 20 to 79 into the expected release of quarter results after the bell on July 28. Call put ratio 4.8 calls to 1 put.

Amgen (AMGN) July weekly call option implied volatility is at 37, August is at 28; compared to its 52-week range of 17 to 82 into the expected release of quarter results after the bell on July 28.

Avis (CAR) July weekly call option implied volatility is at 98, August is at 88; compared to its 52-week range of 37 to 320 into the expected release of quarter results after the bell on July 28. Call put ratio 5.8 calls to 1 put with focus on August calls.

Chubb (CB) August call option implied volatility is at 34, September is at 31; compared to its 52-week range of 14 to 123 into the expected release of quarter results after the bell on July 28.

Corning (GLW) July weekly call option implied volatility is at 64, August is at 41; compared to its 52-week range of 21 to 96 into the expected release of quarter results before the bell on July 28. Call put ratio 2.8 calls to 1 put.

FireEye (FEYE) July weekly call option implied volatility is at 95, August is at 60; compared to its 52-week range of 31 to 149 into the expected release of quarter results after the bell on July 28. Call put ratio 7.1 calls to 1 put.

Groupon (GRPN) July weekly call option implied volatility is at 92, August is at 82; compared to its 52-week range of 37 to 328 into the expected release of quarter results after the bell on July 28. Call put ratio 6.7 calls to 1 put with focus on August 16 calls.

Harley-Davidson (HOG) July weekly call option implied volatility is at 87, August is at 62; compared to its 52-week range of 25 to 143 into the expected release of quarter results on July 28.

Hawaiian Holdings (HA) August call option implied volatility is at 83, September is at 77; compared to its 52-week range of 31 to 274 into the expected release of quarter results after the bell on July 28.

JetBlue (JBLU) August and September call option implied volatility is at 73; compared to its 52-week range of 23 to 220 into the expected release of quarter results before the bell on July 28.

Juniper (JNPR) July weekly call option implied volatility is at 73, August is at 39; compared to its 52-week range of 21 to 139 into the expected release of quarter results after the bell on July 28. Call put ratio 3.2 calls to 1 put.
McDonald’s (MCD) July weekly call option implied volatility is at 38, August is at 25; compared to its 52-week range of 12 to 98 into the expected release of quarter results before the bell on July 28. Call put ratio 3.5 calls to 1 put.

Mondelez (MDLZ) July weekly call option implied volatility is at 41, August is at 26; compared to its 52-week range of 13 to 105 into the expected release of quarter results after the bell on July 28. Call put ratio 3.6 calls to 1 put with focus on July weekly 54 calls.

Nabors (NBR) July weekly call option implied volatility is at 138, August is at 134; compared to its 52-week range of 69 to 728 into the expected release of quarter results after the bell on July 28. Call put ratio 1 call to 3.9 puts.

NCR (NCR) August call option implied volatility is at 63, September is at 60; compared to its 52-week range of into the expected release of quarter results on July 28.

Pfizer (PFE) July weekly call option implied volatility is at 48, August is at 34; compared to its 52-week range of into the expected release of quarter results before the bell on July 28. Call put ratio 2.7 calls to 1 put with focus on July weekly 38 and 38.50 puts.

Raytheon (RTX) July weekly call option implied volatility is at 51, August is at 42; compared to its 52-week range of 37 to 66 into the expected release of quarter results before the bell on July 28. Call put ratio 2.6 calls to 1 put.

Rockwell (ROK) August call option implied volatility is at 34, September is at 31; compared to its 52-week range of 22 to 105 into the expected release of quarter results before the bell on July 28.

Starbucks (SBUX) July weekly call option implied volatility is at 48, August is at 35; compared to its 52-week range of 16 to 110 into the expected release of quarter results after the bell on July 28.

Under Armour (UA) July weekly call option implied volatility is at 140, August is at 77; compared to its 52-week range of 28 to 120 into the expected release of quarter results on July 28. Call put ratio 1 call to 3.5 puts.

Visa (V) July weekly call option implied volatility is at 36, August is at 28; compared to its 52-week range of 15 to 88 into the expected release of quarter results after the bell on July 28.

Shopify (SHOP) July weekly call option implied volatility is at 105, August is at 70; compared to its 52-week range of 40 to 123 into the expected release of quarter results on July 29. Call put ratio 1.5 calls to 1 put with focus on July weekly calls as shares rally 2%.

Spotify (SPOT) July weekly call option implied volatility is at 98, August is at 65; compared to its 52-week range of 26 to 83 into the expected release of quarter results before the bell on July 29. Call put ratio 4.3 calls to 1 put with focus on July weekly calls.

Increasing unusual option volume: DVAX TLRY UA
Increasing unusual call option volume: WKHS CSIQ MLCO SOHU SHW PHM FE
Increasing unusual put option volume: AEP IBN YNDX FE CSIQ MARA MLCO SILJ EMAN IVZ
Options with decreasing option implied volatility: WKHS TSLA SNAP SAVE IRBT TWTR
Active options: AMD AAPL INTC MSFT AUY TSLA AAL DKNG NIO NKLA BAC BA GE TSM AMZN SPCE NFLX MRNA FB MU