Mid-session IV Report June 15, 2021

Mid-session IV Report June 15, 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: CRSR BGS WOOF HOME DKNG CLVS TR

Popular stocks with increasing volume: DKNG PLTR F FCX CLF AMC XOM SQ S

Option volume, IV and share price movers

DraftKings (DKNG) June call option implied volatility is at 91, July is at 62; compared to its 52-week range of 48 to 114 after Hindenburg releases short report. Call put ratio 1.2 calls to 1 put with focus on June 44 and 45 puts.

Petco Health and Wellness (WOOF) 30-day option implied volatility is at 105; compared to its 52-week range of 45 to 137. Call put ratio 4.3 calls to 1 put.

GameStop (GME) June call option implied volatility is at 170, July is at 156; compared to its 52-week range of 78 to 553. Call put ratio 2.3 calls to 1 put as shares sell off 2.4%.

AMC Entertainment (AMC) June calls option implied volatility is at 340, July is at 301; compared to its 52-week range of 85 726. Call put ratio 2.6 calls to 1 put as shares rally 6.5%

Lordstown Motors (RIDE) June call option implied volatility is at 174, July is at 180; compared to its 52-week range of 96 to 241 after a day after CEO and CFO resign from Company. Call put ratio 1 call to 1.1 puts.

Option implied volatility for industrial metal stocks into FOMC Policy Meeting

Freeport-McMoran (FCX) 30-day option implied volatility is at 50; compared to its 52-week range of 44 to 71 as shares sell off 6.7%.

Southern Copper (SCCO) 30-day option implied volatility is at 42; compared to its 52-week range of 33 to 59 as shares sell off 4%.

Vale S.A. (VALE) 30-day option implied volatility is at 34; compared to its 52-week range of 34 to 87 as shares sell off 2.3%.

Rio Tinto plc (RIO) 30-day option implied volatility is at 29; compared to its 52-week range of 27 to 43. Call put ratio 25 calls to 1 put with focus on June 9.5 and 10 calls as shares sell off 1.3%.

BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 28; compared to its 52-week range of 25 to 44 as shares sell off 1.3%.

Option IV low into FOMC decision

SPDR S&P 500 ETF Trust (SPY) June call option implied volatility is at 14, July is at 12; compared to its 52-week range of into 12 to 36 into FOMC announces its monetary policy decision on June 16.

PowerShares QQQ Trust (QQQ) June call option implied volatility is at 19, July is at 17; compared to its 52-week range of 17 to 41 into FOMC announces its monetary policy decision on June 16.

iShares Russell 2000 ETF (IWM) June call option implied volatility is at 22, July is at 19; compared to its 52-week range of 19 to 50 into FOMC announces its monetary policy decision on June 16. Call put ratio 1 call to 1.6 puts.

Option IV into quarter results

Block H&R (HRB) June call option implied volatility is at 70, July is at 34; compared to its 52-week range of 28 to 74 into the expected release of quarter results today after the bell. Call put ratio 2.6 calls to 1 put with focus on June 26 calls.

La-Z-Boy (LZB) June call option implied volatility is at 95, July is at 42; compared to its 52-week range of 29 to 79 into the expected release of quarter results today after the bell.

Oracle (ORCL) June call option implied volatility is at 62, July is at 27; compared to its 52-week range of 20 to 44 into the expected release of quarter results after the bell on June 15. Call put ratio 1 call to 3.7 puts.

Lennar (LEN) June call option implied volatility is at 61, July is at 34; compared to its 52-week range of 30 to 69 into the expected release of quarter results before the bell on June 16. Call put ratio 1.3 calls to 1 put.

Adobe (ADBE) June call option implied volatility is at 51, July is at 29; compared to its 52-week range of 23 to 65 into the expected release of quarter results before the bell on June 17.

Kroger (KR) June call option implied volatility is at 64, July is at 31; compared to its 52-week range of 23 to 55 into the expected release of quarter results before the bell on June 17. Call put ratio 1 call to 2.1 puts.

Increasing unusual option volume: RAPT CLSD WOOF WISH HOME EH SAGE BGS VTNR CLNE BBIG ALKS OCGN
Increasing unusual call option volume: WOOF WISH EH BGS CCXI VZIO UAVS CLNE SAGE DS
Increasing unusual put option volume: HOME WOOF SAGE EAT SKT WISH IVR MAC GPS DKNG CRSR
Options with decreasing option implied: CLDR CLOV KODK WISH LOTZ BB RIDE GPRO
Active options: AAPL DKNG AMC WISH FB PLTR F FCX TSLA BA NIO CLF WOOF SNDL INTC AMD XOM CLNE SQ SENS