Mid-session IV Report June 17, 2020

Mid-session IV Report June 17, 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: IQ DPZ SGMO JNPR UVXY VXX NFLX CVM APT MOMO

Popular options with increasing volume: NKLA HTZ MS SNAP ORCL BYND ROKU

Apple (AAPL) and Market Vectors Semiconductor ETF (SMH) IV as shares near record high

Apple (AAPL) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 90 into hosting Worldwide Developers Conference virtually WWDC20, beginning June 22. Call put ratio 1.9 calls to 1 put with focus on June calls as shares near record high.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 91 as shares near record high. Call put ratio 1 call to 1.9 puts.

Darden Restaurants (DRI) June call option implied volatility is at 77, July is at 73; compared to its 52-week range of 17 to 215 into the expected release of quarter results on June 18. Call put ratio 3.4 calls to 1 put with focus on June 75 calls.

Kroger (KR) June call option implied volatility is at 132, July is at 49; compared to its 52-week range of 19 to 95 into the expected release of quarter results before the bell on June 18. Call put ratio 3.2 calls to 1 put with focus on June 33 calls.

Nikola (NKLA) June option implied volatility is at 164, July is at 230; compared to its 52-week range of 67 to 305. Call put ratio 2.2 calls to 1 put.

Beyond Meet (BYND) June call option implied volatility is at 105, June is at 82; compared to its 52-week range of 47 to 140 as shares rally 8.55. Call put ratio 6.2 calls to 1 put with focus on June 165 and 150 calls.

DraftKings (DKNG) 30-day option implied volatility is at 92; compared to its 52-week range of 54 to 143. Call put ratio 2.6 calls to 1 put.

Chesapeake Energy (CHK) 30-day option implied volatility is at 365; compared to its 52-week range of 73 to 524 amid shares down 7%. Call put ratio 1 call to 3.4 puts.

Hertz Global (HTZ) June call option implied volatility is at 350, July is at 270; compared to its 52-week range 40 to 456. Call put ratio 1 call to 1.1 puts.

Home Builder stocks at upper end of range on flat option implied volatility

Ishares U.S. Home Construction Etf (ITB) 30-day option implied volatility is at 47; compared to its 52-week range of 15 to 109.

Lennar (LEN) 30-day option implied volatility is at 56; compared to its 52-week range of 21 to 160.

KB Home (KBH) 30-day option implied volatility is at 74; compared to its 52-week range of 25 to 176.

PulteGroup (PHM) 30-day option implied volatility is at 59; compared to its 52-week range of 22 to 142.

Toll Brothers (TOL) 30-day option implied volatility is at 64; compared to its 52-week range of 22 to 146.

Beazer Homes (BZH) 30-day option implied volatility is at 77; compared to its 52-week range of 33 to 184.

D.R. Horton (DHI) 30-day option implied volatility is at 49; compared to its 52-week range of 22 to 142. Call put ratio 1.7 calls to 1 put.

Molson Coors Brewing (TAP) 30-day option implied volatility is at 52; compared to its 52-week range of 19 to 98. Call put ratio 1 call to 1.4 puts with focus on July 35 puts.

Increasing unusual option volume: VST CSTM MOMO ANGI NKLA
Increasing unusual call option volume: MOMO VNQ ANGI WATT NET TLRY
Increasing unusual put option volume: NKLA HTHT MITT HRB SIL IAC
Options with decreasing option implied volatility: GRPN PLUG TWO TCO
Active options: AAPL BYND ROKU AMD TSLA MSFT BA AAL BAC MOMO FB NKLA MS HTZ SQ SNAP AMZN NFLX ORCL NIO