Mid-session IV Report June 1, 2022

Mid-session IV Report June 1, 2022

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: GGPI LULU CHWY GME KIRK ADM

Popular stocks with increasing volume: KHC XOM UBER F CHPT SNAP

Amazon (AMZN) calls more active than puts into stock split

Amazon (AMZN) June weekly call option implied volatility is at 54, June is at 46; compared to its 52-week range 19 to 54 into shareholder of record at the close of business on May 27, 2022 will have 19 additional shares for every one share held as of such date reflected in their accounts on or about June 3, 2022. Trading is expected to begin on a split-adjusted basis on June 6, 2022. Call put ratio 2.7 calls to 1 put.

Option movers into quarter results

Chewy (CHWY) June weekly call option implied volatility is at 292, June is at 141; compared to its 52-week range of 41 to 119 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.3 puts as shares sell off 3.2%.

GameStop (GME) June weekly call option implied volatility is at 293, June is at 161; compared to its 52-week range of 69 to 216 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put as shares sell off 2%.

C3.ai (AI) June call option implied volatility is at 127, July is at 99; compared to its 52-week range of 51 to 128 into the expected release of quarter results today after the bell.

Ciena (CIEN) June weekly call option implied volatility is at 170, June is at 71; compared to its 52-week range of 23 to 58 into the expected release of quarter results before the bell on June 2. Call put ratio 1 call to 2 puts.

Designer Brands Inc. (DBI) June call option implied volatility is at 95, July is at 77; compared to its 52-week range of 50 to 110 into the expected release of quarter results before the bell on June 2. Call put ratio 5.2 calls to 1 put with focus on July 15 calls.

Duluth Holdings (DLTH) June call option implied volatility is at 108, July is at 104; compared to its 52-week range of 41 to 87 into the expected release of quarter results before the bell on June 2.

Hormel Foods (HRL) June weekly call option implied volatility is at 76, July is at 37; compared to its 52-week range of 17 to 50 into the expected release of quarter results before the bell on June 2. Call put ratio 1 call to 1.8 puts.

CrowdStrike Holdings Inc. (CRWD) June weekly call option implied volatility is at 173, June is at 89; compared to its 52-week range of 36 to 93 into the expected release of quarter results on June 2.

Lands’ End (LE) June call option implied volatility is at 122, July is at 94; compared to its 52-week range of 57 to 103 into the expected release of quarter results before the bell on June 2.

lululemon athletica (LULU) June weekly call option implied volatility is at 153, June is at 71; compared to its 52-week range of 24 to 70 into the expected release of quarter results after the bell on June 2.

PagerDuty, Inc. (PD) June call option implied volatility is at 123, July is at 109; compared to its 52-week range of 43 to 114 into the expected release of quarter results after the bell on June 2. Call put ratio 3.2 calls to 1 put.

Okta, Inc. (OKTA) June weekly call option implied volatility is at 194, June is at 99; compared to its 52-week range of 33 to 99 into the expected release of quarter results after the bell on June 2. Call put ratio 1.7 calls to 1 put as shares rally 2.7%.

Option volume & IV movers

DoorDash (DASH) 30-day option implied volatility is at 90; compared to its 52-week range of 43 to 120 as shares sell off 5%. Call put ratio 1 call to 1.5 puts.

Affirm Holdings (AFRM) 30-day option implied volatility is at 123; compared to its 52-week range of 60 to 214 as shares sell off 13%. Call put ratio 1 call to 1 put.

PayPal (PYPL) 30-day option implied volatility is at 59; compared to its 52-week range of 24 to 84. Call put ratio 2.5 calls to 1 put as shares sell off 1.7%.

Block (SQ) 30-day option implied volatility is at 85; compared to its 52-week range of 35 to 109. Call put ratio 1.1 calls to 1 put as shares sell off 2.9%.

ZipRecruiter (ZIP) 30-day option implied volatility is at 59; compared to its 52-week range of 51 to 87.

Levi (LEVI) 30-day option implied volatility is at 51; compared to its 52-week range of 32 to 95 as shares sell off 1.2% into investor meeting. Call put ratio 1 call to 1.2 puts.

Options with decreasing option implied volatility: YINN JWN FTCH M GPS SNOW ZS DKS PDD DLTR VMW AEO CPRI WDAY
Increasing unusual option volume: VSCO ARCT SID RSI BKSY TXMD KHC DASH
Increasing unusual call option volume: VSCO ARCT RSI BMO KHC
Increasing unusual put option volume: AMBA I: VSCO ARCT SID RSI BKSY TXMD KHC DASHNG PCG KIRK CRM
Active options: AAPL TSLA CRM AMZN FB MULN AMC NVDA KHC NIO AMD MSFT BAC XOM UBER F CHPT NFLX APPS SNAP