Mid-session IV Report July 8, 2021

Mid-session IV Report July 8, 2021

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: KSU CP CSX NSC QFIN HL NKLA FLR W NFLX ETSY DRIP NFLX GOOG TWTR NEGG SPCE

Popular stocks with increasing volume: TLRY TSM M JD WMT AMAT WKHS

IV Movers

Tesla (TSLA) 30-day option implied volatility is at 62; compared to its 52-week range of 46 to 130. Call put ratio 1.6 calls to 1 put with focus on December 650 and 690 calls as shares sell off 1.2%.

AMC Entertainment (AMC) 30-day option implied volatility is at 191; compared to its 52-week range of 85 to 725. Call put ratio 1.1 calls to 1 put as shares sell off 4%

GameStop (GME) 30-day option implied volatility is at 116; compared to its 52-week range of 78 to 553 as shares sell off 2%.
Option IV into events

Levi Strauss (LEVI) July call option implied volatility is at 77, August is at 46; compared to its 52-week range of 33 to 75 into the expected release of quarter results today after the bell. Call put ratio 3.4 calls to 1 put with focus on July 29 and 30 calls.

Virgin Galactic Holdings (SPCE) 30-day option implied volatility is at 182; compared to its 52-week range of 75 to 230 into July 11 space trip. Call put ratio 4.1 calls to 1 put as shares sell rally 4.6%.

XPO Logistics (XPO) 30-day option implied volatility is at 39; compared to its 52-week range of 30 to 63 into Investor Day to discuss GXO Spin-Off 2021 will be held on July 13. Call put ratio 9.3 calls to 1 put.

Crypto options active as shares pull back

Bit Digital (BTBT) 30-day option implied volatility is at 126; compared to its 52-week range of 114 to 279. Call put ratio 14.4 calls to 1 put.

Coinbase (COIN) 30-day option implied volatility is at 61; compared to its 52-week range of 61 to 81 as shares sell off 4.5%.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 105; compared to its 52-week range of 100 to 343 as shares sell off 3%

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 85; compared to its 52-week range of 30 to 154. Call put ratio 3.5 calls to 1 put with focus on August 580 and 590 calls as shares sell off 3.8%.

Riot Blockchain (RIOT) 30-day option implied volatility is at 105; compared to its 52-week range of 98 to 276 as shares sell off 6%.

China stocks moving, IV increases

Weibo (WB) 30-day option implied volatility is at 55; compared to its 52-week range of 37 to 88.

Pinduoduo (PDD) 30-day option implied volatility is at 52; compared to its 52-week range of 43 to 83.

Alibaba (BABA) 30-day option implied volatility is at 34; compared to its 52-week range of 24 to 56

JD.com (JD) 30-day option implied volatility is at 36; compared to its 52-week range of 31 to 63

Melco Resorts & Entertainment (MLCO) 30-day option implied volatility is at 42; compared to its 52-week range of 35 to 70.

NIO Inc. (NIO) 30-day option implied volatility is at 76; compared to its 52-week range 55 to 216.

Tencent Music (TME) 30-day option implied volatility is at 52; compared to its 52-week range of 35 to 125 as shares sell off 6.4%.

Baidu (BIDU) 30-day option implied volatility is at 42; compared to its 52-week range 31 to 85 as shares sell off 4%.

Vipshop Holdings (VIPS) 30-day option implied volatility is at 63; compared to its 52-week range of 47 to 131

Rail stocks option volume and IV increases on reports on regulations

CSX (CSX) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 42. Call put ratio 1 call to 1.5 puts as shares sell off 5.3%.

Canadian National (CNI) 30-day option implied volatility is at 27; compared to its 52-week range of 21 to 37. Call put ratio 18 calls to 1 put with focus on July and October 110 calls.

Canadian Pacific (CP) 30-day option implied volatility is at 31; compared to its 52-week range of 19 to 34 as shares sell off 5.6%.

Kansas City Southern (KSU) 30-day option implied volatility is at 34; compared to its 52-week range of 18 to 52 as shares sell off 8%.

Norfolk Southern (NSC) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 46

Union Pacific (UNP) 30-day option implied volatility is at 26; compared to its 52-week range of 18 to 42. Call put ratio 1 call to 4.6 puts as shares sell off 4%.

Greenbrier (GBX) 30-day option implied volatility is at 61; compared to its 52-week range of 41 to 89.

FreightCar America (RAIL) 30-day option implied volatility is at 114; compared to its 52-week range of 92 to 257

Increasing unusual option volume: HST OTRK ZH APLS LU BSQR VEON SGH SOHU APRE
Increasing unusual call option volume: HST OTRK FGEN APLS EAF SOHU VEON BSQR VOO GAN GES
Increasing unusual put option volume: URA ZH IGT ENDP FAZ ENDP QSR BLDE DUK KWEB
Options with decreasing option implied: CCXI PRVB HOME XLU
Active options: AMC TSLA AMD AMZN TLRY WISH TTD MARA LI TSM FB M TIGR JD WMT ET JPM IBM AMAT WKHS