Mid-session IV Report July 8, 2024

Mid-session IV Report July 8, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: RILY HUMA GRPN ARDX RBLX FSLY ARM UPSTHLF TGTX PLTR CDE APP LYFT LMND EXEL PBI SOFI TRIP

Popular stocks with increasing volume: NVDA TSL AMD PLTR INTC META RIVN SMCI TSM MARA NKE GME SIRI BA MSFT AMC CMG PARA MU ARM

SPDR S&P 500 ETF Trust (SPY) July and August option spreaders active into Jay Powell testimony and CPI

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 11; compared to its 52-week range of 10 to 19. Call put ratio 1 call to 1 put with focus July 530 puts, August 525 puts, August 545 puts, July 554 calls and July 556 calls.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 24. Call put ratio 1 call to 1 put with focus on January and March option spreaders.

iShares Russell 2000 (RUT) 30-day option implied volatility is at 17; compared to its 52-week range of 16 to 24. Call put ratio 1 call to 1.2 puts with focus on 540 contracts of August 2160 calls trading at $11.10.

Affirm Holdings (AFRM) 30-day option implied volatility is at 63; compared to its 52-week range of 60 to 118. Call put ratio 3.5 calls to 1 put with focus on July 12 weekly 28, 30 and 32 calls.

Upstart Holdings (UPST) 30-day option implied volatility is at 88; compared to its 52-week range of 62 to 158. Call put ratio 6.2 calls to 1 put with focus on July 12 weekly 25 calls.

Block (SQ) 30-day option implied volatility is at 59; compared to its 52-week range of 37 to 80. Call put ratio 3 calls to 1 put with focus on July 12 weekly calls.

PayPal (PYPL) 30-day option implied volatility is at 44; compared to its 52-week range of 26 to 57. Call put ratio 2.4 calls to 1 put as share price down 1.6%.

SoFi Technologies (SOFI) 30-day option implied volatility is at 65; compared to its 52-week range of 40 to 100. Call put ratio 2.3 calls to 1 put.

Options with decreasing option implied volatility: CHWY XP WEAT SPR EMB EFA
Increasing unusual option volume: NEGG NANOS AUPH POET EWH GLW
Increasing unusual call option volume: POET CMG AUPH GLW
Increasing unusual put option volume: EQX SABR BTBT CORZ CMG GLW YUM NU PSEC