Mid-session IV Report July 9, 2021

Mid-session IV Report July 9, 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: NKLA SDC DNUT SPCE LB CLDR

Popular stocks with increasing volume: SNOW PLTR PFE SNAP AAL

Option IV into events

Virgin Galactic Holdings (SPCE) July weekly option implied volatility is at 225, July is at 240; compared to its 52-week range of 75 to 230 into July 11 space trip. Call put ratio 2.6 calls to 1 put as shares sell off 3.5%.

Alibaba (BABA) July and August option implied volatility is at 34; compared to its 52-week range of 24 to 56 amid wide price movement. Call put ratio 3.5 calls to 1 put on 100K contracts.

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 4.4 calls to 1 put.

Movers with IV ticking lower

Tesla (TSLA) 30-day option implied volatility is at 60; compared to its 52-week range of 46 to 130. Call put ratio 1.3 calls to 1 put.

AMC Entertainment (AMC) 30-day option implied volatility is at 181; compared to its 52-week range of 85 to 725. Call put ratio 1.7 calls to 1 put.

GameStop (GME) 30-day option implied volatility is at 111; compared to its 52-week range of 78 to 553.

Increasing unusual option volume: IGT GALT BSQR APLS STMP
Increasing unusual call option volume: IGT GALT BSQR SNY AIG
Increasing unusual put option volume: STMP REGI LEVI RLX ASTR UA WISH
Options with decreasing option implied: STMP PRVB CVM INO SOFI LEVI
Active options: AAPL TSLA BA SPCE AMC F AMZN NIO BAC AMD BABA GM FB NVDA SNOW MSFT PLTR PFE SNAP AAL