Mid-session IV Report July 7, 2020

Mid-session IV Report July 7, 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: NIO TCO ASHR VSLR RUN RRC SMPL

Popular stocks with increasing unusual volume: SQ NIO NKLA SNAP AAL ET WKHS

Amazon (AMZN) July weekly option implied volatility is at 42, July is at 38, August is at 40; compared to its 52-week range of 20 to 69 as shares above $3030. Call put ratio 1.9 calls to 1 put.

Tesla (TSLA) July (10) weekly call option implied volatility is at 100, July is at 92, August is at 91; compared to its 52-week range of 33 to 154 as shares sell off 1.8%. Call put ratio 1.5 calls to 1 put.

NIO Inc. (NIO) July weekly call option implied volatility is at 220. July is at 190, August is at 169; compared to its 52-week range of 76 to 221. Call put ratio 3.1 calls to 1 put with focus on July calls.

Nikola (NKLA) July weekly call option implied volatility is at 212, July is at 207, August is at 161; compared to its 52-week range of 67 to 305. Call put ratio 1.2 calls to 1 put.

Workhorse Group (WKHS) July call option implied volatility is at 215, August is at 200; compared to its 52-week range of 102 to 286. Call put ratio 1.6 calls to 1 put.

Ishares S&P Software Index Fund (IGV) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 85 as shares near record high. Call put ratio 1 calls to 3.3 put with focus on July

Novavax (NAVX) July weekly option implied volatility is at 188, July is at 158, August is at 145; compared to its 52-week range of 85 to 317 after receiving $1.6B in funding for COVID-19 vaccine candidate. Call put ratio 2.7 calls to 1 put with focus on July weekly and July calls.

Option implied volatility for Hospital groups

Community Health (CYH) 30-day option implied volatility is at 105; compared to its 52-week range of 62 to 181

HCA Healthcare (HCA) 30-day option implied volatility is at 55; compared to its 52-week range of 18 to 167

Tenet (THC) 30-day option implied volatility is at 95; compared to its 52-week range of 35 to 165

Universal Health (UHS) 30-day option implied volatility is at 55; compared to its 52-week range of 18 to 129

Molina Healthcare (MOH) 30-day option implied volatility is at 46; compared to its 52-week range of 31 to 95

Levi Strauss (LEVI) July call option implied volatility is at 74, August is at 59; compared to its 52-week range of 30 to 136 into the expected release of quarter results today after the bell. Call put ratio 2.6 calls to 1 put with focus on July 15 and 16 calls.

Bed Bath & Beyond (BBBY) July weekly call option implied volatility is at 215, July is at 146; compared to its 52-week range of 44 to 214 into the expected release of quarter results after the bell on July 8. Call put ratio 3.5 calls to 1 put.

Walgreens Boots Alliance (WBA) July weekly call option implied volatility is at 77, July is at 55; compared to its 52-week range of 19 to 88 into the expected release of quarter results on July 9. Call put ratio 4.3 calls to 1 put with focus on July weekly calls.

Wayfair (W) 30-day option implied volatility is at 63, July is at 64, August is at 84; compared to its 52-week range of 41 to 209. Call put ratio 1.3 calls to 1 put.

Square (SQ) 30-day option implied volatility is at 63; compared to its 52-week range of 30 to 142. Call put ratio 2 calls to 1 put.

DraftKings (DKNG) 30-day option implied volatility is at 100; compared to its 52-week range of 54 to 143. Call put ratio 5.8 calls to 1 put.

Increasing unusual option volume: WKHS EOLS VSLR INFY RUN QD D
Increasing unusual call option volume: WKHS VSLR RUN EOLS ASHR D PAYX
Increasing unusual put option volume: BKR NKLA D CTL XRX TME LVGO
Options with decreasing option implied volatility: INO AZUL DDD UPWK BPY STZ CAG GIS
Active options: TSLA AAPL FB MSFT AMD GNUS NIO SQ NKLA SNAP BA BABA AAL AMZN NVDA UBER BAC WKHS NFLX ET