Mid-session IV Report June 16, 2021

Mid-session IV Report June 16, 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: C RBLX CLDR ARVL CRSR RLX ADBE LEN HRB

Popular stocks with increasing volume: C ORCL DKNG F GM PLTR NIO BB XOM JD RBLX

Bank option IV ticks up into FOMC decision

Bank of America (BAC) 30-day option implied volatility is at 27; compared to its 52-week range of 24 to 60 into FOMC policy decision. Call put ratio 1 call to 1.8 puts.

Citigroup (C) 30-day option implied volatility is at 30; compared to its 52-week range of 23 to 67 as shares sell off 3.8%.

Goldman Sachs (GS) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 50.

JPMorgan (JPM) 30-day option implied volatility is at 24; compared to its 52-week range of 21 to 54.

Morgan Stanley (MS) 30-day option implied volatility is at 29; compared to its 52-week range of 25 to 55 into FOMC policy decision.

Wells Fargo (WFC) 30-day option implied volatility is at 33; compared to its 52-week range of 27 to 69.

Option implied volatility amid WTI Oil above $72

ExxonMobil (XOM) 30-day option implied volatility is at 27; compared to its 52-week range of 26 to 53. Call put ratio 5.3 calls to 1 put with focus on June calls.

Chevron (CVX) 30-day option implied volatility is at 25; compared to its 52-week range of 24 to 51. Call put ratio 3.9 calls to 1 put with focus on June 110 calls.

Phillips 66 (PSX) 30-day option implied volatility is at 31; compared to its 52-week range 30 to 64.

Devon Energy (DVN) 30-day option implied volatility is at 48; compared to its 52-week range of 43 to 101. Call put ratio 3.5 calls to 1 put with focus on July 32 calls.

Marathon Oil (MRO) 30-day option implied volatility is at 47; compared to its 52-week range of 46 to 243. Call put ratio 5.7 calls to 1 put with focus on July 15 calls.

Occidental Petroleum (OXY) 30-day option implied volatility is at 50; compared to its 52-week range of 49 to 104. Call put ratio 4.3 calls to 1 put.

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 38; compared to its 52-week range of 36 to 76. Call put ratio 1.9 calls to 1 put.

APA Corporation (APA) 30-day option implied volatility is at 60; compared to its 52-week range of 54 to 114. Call put ratio 15 calls to 1 put with focus on June calls.

Pioneer Natural Resources (PXD) 30-day option implied volatility is at 35; compared to its 52-week range of 35 to 67.

Halliburton (HAL) 30-day option implied volatility is at 40; compared to its 52-week range of 37 to 89. Call put ratio 1.9 calls to 1 put.

Diamondback Energy (FANG) 30-day option implied volatility is at 48; compared to its 52-week range of 47 to 93. Call put ratio 3.9 calls to 1 put with focus on June calls.

NOV Inc (NOV) 30-day option implied volatility is at 49; compared to its 52-week range of 43 to 214. Call put ratio 140 calls to 1 put with focus on July calls.

Option IV into quarter results

Lennar (LEN) June call option implied volatility is at 73, July is at 35; compared to its 52-week range of 30 to 69 into the expected release of quarter results before the bell on June 17. Call put ratio 1.3 calls to 1 put.

Adobe (ADBE) June call option implied volatility is at 57, 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 70, 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 5.5 puts with focus on June 37.50 puts.

Commercial Metals (CMC) June call option implied volatility is at 91, July is at 45; compared to its 52-week range of 37 to 63 into the expected release of quarter results before the bell on June 17.

Smith & Wesson Brands (SWBI) June call option implied volatility is at 110, July is at 54; compared to its 52-week range of 45 to 154 into the expected release of quarter results after the bell on June 17. Call put ratio 6 calls to 1 put.

Jabil (JBL) June call option implied volatility is at 94, July is at 41; compared to its 52-week range of 28 to 69 into the expected release of quarter results after the bell on June 17.

Increasing unusual option volume: RAPT RKDA APRN ITUB RLX CLSD ZGNX
Increasing unusual call option volume: RKDA ITUB APRN SPI TPX CRUS YELP
Increasing unusual put option volume: STNG RLX APRN EAT ZTS PGR EL ZI LYB HRB ORCL
Options with decreasing option implied: ORCL SAGE GEO CLOV WISH CLNE
Active options: AAPL AMC TSLA C ORCL RBLX DKNG F ITUB GM AMZN BAC PLTR NIO MSFT SNDL BB XOM JD WISH