Mid-session IV Report June 17, 2021

Mid-session IV Report June 17, 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: TAL CRSR HOME FIII BBD DPZ

Popular stocks with increasing volume: F NIO PLTR C BB

Option volume movers

Mattel (MAT) June call option implied volatility is at 47, July is at 39; compared to its 52-week range of 29 to 112. Call put ratio 46 calls to 1 put with focus on June 20 and 20.50 calls after reports Mattel will offer Hot Wheels digital art NFTs for auction.

Freeport-McMoran (FCX) June call option implied volatility is at 60, July is at 47; compared to its 52-week range of 44 to 71. Call ratio 2 calls to 1 put as shares sell off 4.9%.

Option implied volatility for Cruise Stocks

Royal Caribbean Cruises (RCL) 30-day option implied volatility is at 42; compared to its 52-week range of 40 to 123. Call put ratio 1.9 calls to 1 put.

Carnival Cruise Lines (CCL) 30-day option implied volatility is at 50; compared to its 52-week range of 46 to 123. Call put ratio 4.8 calls to 1 put.

Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 50; compared to its 52-week range of 48 to 134. Call put ratio 3.8 calls to 1 put.

Volume movers

Canoo (GOEV) 30-day option implied volatility is at 109; compared to its 52-week range of 31 to 217. Call put ratio 31 calls to 1 put with focus on June 10.50, 11 and 12 calls into hosting a virtual investor day on June 17.

GSX Techedu Inc. (GOTU) 30-day option implied volatility is at 147; compared to its 52-week range of 79 to 237. Call put ratio 1 call to 1.2 puts as shares sell off 7%.

Mind Medicine (MNMD) 30-day option implied volatility is at 166; compared to its 52-week range of 125 to 215. Call put ratio 28 calls to 1 put.

RAPT Therapeutics (RAPT) 30-day option implied volatility is at 113; compared to its 52-week range of 79 to 292. Call put ratio 1 call to 2.8 puts.

Option IV into quarter results

Adobe (ADBE) June call option implied volatility is at 63, July is at 28; compared to its 52-week range of 23 to 65 into the expected release of quarter results today after the bell.

Smith & Wesson Brands (SWBI) June call option implied volatility is at 130, 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 1 call to 1.2 puts.

Option implied volatility ticking lower for Cannabis Stocks

Aurora Cannabis (ACB) 30-day option implied volatility is at 77; compared to its 52-week range of 61 to 247.

Canopy Growth (CGC) 30-day option implied volatility is at 64; compared to its 52-week range of 53 to 168. Call put ratio 6.5 calls to 1 put with focus on June calls.

Increasing unusual option volume: CLSD QD HDSN ITUB LU WISH HNST ARLO
Increasing unusual call option volume: HDSN ITUB LU CVAC MAT TIP MLCO
Increasing unusual put option volume: QD INDA CVAC RLX AON CODX GFI SONY
Options with decreasing option implied: SAGE UUP CLDR CRIS AHT TEVA BARK GEO
Active options: AAPL AMD F TSLA AMC ITUB NIO WISH BAC AMZN FUBO PLTR C GOLD WKHS NVDA TAL FB FSR BB