Mid-session IV Report June 12, 2020

Mid-session IV Report June 12, 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 NKLA BBBY SGMO TNA TIF

Popular options with increasing volume: CCL HTZ AAL DAL UAL NCLH F LULU MGM

Tesla (TSLA) June call option implied volatility is at 65, July is at 69; compared to its 52-week range of 34 to 154 after downgraded to Neutral from Buy at Goldman Sachs.

Nikola (NKLA) June option implied volatility is at 230, June is at 232; compared to its 52-week range of 67 to 305. Call put ratio 1.2 calls to 1 put.

Option implied volatility for stocks into next week events

Oracle (ORCL) June call option implied volatility is at 59, July is at 39; compared to its 52-week range of 15 to 91 into the expected release of quarter results after the bell on June 16. Call put ratio 4.1 calls to 1 put.

Carnival Corp (CCL) June call option implied volatility is at 140, July is at 120; compared to its 52-week range of 17 to 267 into the expected release of quarter results before the bell on June 18. Call put ratio 1.3 calls to 1 put.

Geron (GERN) 30-day option implied volatility is at 152; compared to its 52-week range of 60 to 236 into reports four imetelstat data presentations at EHA Congress next week. Call put ratio 13 calls to 1 put with focus on June calls.

Pandemic stocks IV at lower end of range

Clorox (CLX) 30-day option implied volatility is at 31; compared to its 52-week range of 14 to 81. Call put ratio 2.9 calls to 1 put with focus on June and October calls.

Colgate-Palmolive (CL) 30-day option implied volatility is at 28; compared to its 52-week range of 14 to 97.

Procter & Gamble (PG) 30-day option implied volatility is at 28; compared to its 52-week range of 13 to 96. Call put ratio 2.1 calls to 1 put with focus on August and October calls.

Option implied volatility for electronic gamers

Electronic Arts (EA) 30-day option implied volatility is at 40; compared to its 52-week range of 21 to 80. Call put ratio 1 call to 1.2 puts.

Zynga (ZNGA) 30-day option implied volatility is at 52; compared to its 52-week range of 23 to 123. Call put ratio 14 calls to 1 put with focus on June calls.

Gamestop (GME) 30-day option implied volatility is at 134; compared to its 52-week range of 36 to 227. Call put ratio 3.8 calls to 1 put.

Take-Two Interactive (TTWO) 30-day option implied volatility is at 39; compared to its 52-week range of 25 to 80. Call put ratio 3.2 calls to 1 put.

Activision Blizzard (ATVI) 30-day option implied volatility is at 39; compared to its 52-week range of 23 to 89. Call put ratio 3.9 calls to 1 put.

Increasing unusual option volume: MITT NKLA FXY RSP GEL AZUL SNE MARK
Increasing unusual call option volume: MITT GEL SNE NKLA AZUL BG SGMO FOLD
Increasing unusual put option volume: FXY NKLA RSP VNO OAS HTZ CDE PRTY AMC
Opbtions with decreasing option implied volatility: LULU AFBE GRPN SFIX
Active options: AAPL AAL HTZ MSFT TSLA FB AMD CCL DAL UAL GE AMZN NCLH F LULU DIS WFC MGM MITT JPM