Mid-session IV Report June 11, 2020

Mid-session IV Report June 11, 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: CHK RWT LULU PVH ADBE BBBY TWO NKLA NCLH RCL BBBY

Popular options with increasing volume: AAL F HTZ UAL CCL ZM

Tesla (TSLA) June weekly option implied volatility is at 65, June is at 60; compared to its 52-week range of 34 to 154 as shares trade above $1000. Call put ratio 1.5 calls to 1 put with focus on June weekly 1010 and June 1000 calls.

Nikola (NKLA) June weekly option implied volatility is at 340, June is at 320; compared to its 52-week range of 67 to 305. Call put ratio 1.4 calls to 1 put.

Boeing (BA) June weekly call option implied volatility is at 106, June is at 94; compared to its 52-week range of 22 to 222 as shares sell off 8%. Call put ratio 1.8 calls to 1 put with focus on June weekly and June 190 calls.

IV for stocks reporting results

Adobe (ADBE) June weekly call option implied volatility is at 94, June is at 46; compared to its 52-week range of 17 to 86 into the expected release of quarter results today after the bell. Call put ratio 1.7 calls to 1 put.

Luluemon (LULU) June weekly call option implied volatility is at 144, June is at 77; compared to its 52-week range of 21 to 129 into the expected release of quarter results today after the bell. Call put ratio 1 calls to 1.3 puts.

Tsakos Energy (TNP) 30-day option implied volatility is at 123; compared to its 52-week range of 48 to 228 into the expected release of quarter results before the bell on July 12. Call put ratio 12 calls to 1 put.

PVH (PVH) June call option implied volatility is at 99, July is at 85 ; compared to its 52-week range of 26 to 146 into the expected release of quarter results before the bell on July 12. Call put ratio 1 call to 2.3 puts.

Party City (PRTY) 30-day option implied volatility is at 299; compared to its 52-week range of 53 to 388 into the expected release of quarter results before the bell on July 12. Call put ratio 2.5 calls to 1 put.

Option implied volatility ticks up as shares sell off after Fed keeps interest rate benchmark unchanged.

Wells Fargo (WFC) 30-day option implied volatility is at 66; compared to its 52-week range of 15 to 138, call put ratio 1.6 calls to 1 put with focus on August 40 calls.

State Street (STT) 30-day option implied volatility is at 51; compared to its 52-week range of 23 to 112.

PNC Financial Services (PNC) 30-day option implied volatility is at 51; compared to its 52-week range of 16 to 115.

United States Oil Fund (USO) June weekly (12) call option implied volatility is at 79, June is at 64; compared to its 52-week range of 23 to 250 as WTI oil pulls back 7%. Call put ratio 1.6 calls to 1 put.

SPDR S&P 500 ETF Trust (SPY) June weekly call option implied volatility is at 38, June is at 28; compared to its 52-week range of 10 to 77 as shares sell off 3.3%.

PowerShares QQQ Trust (QQQ) June weekly call option implied volatility is at 35, June is at 29; compared to its 52-week range of 12 to 79 as shares sell off 2%.

iShares Russell 2000 ETF (IWM) June weekly option implied volatility is at 65, June is at 50; compared to its 52-week range of 12 to 81 as shares sell off 4.9%.Call put ratio 1 call to 1.8 puts.

Increasing unusual option volume: MFC NKLA SGMO AZUL SNE MARK
Increasing unusual call option volume: SGMO NKLA AZUL SONO SNE SIEN MARK LYG FIS
Increasing unusual put option volume: NKLA LYV GLW SBSW FOXA RSP IVR OAS GUSH MOS COTY
Options with decreasing option implied volatility: SFIX WORK DOCU TIF SHY
Active options: AAPL BA TSLA MSFT AMD BAC AAL F WFC GE NIO HTZ T UAL CCL DAL FB MU ZM NFLX