Mid-Session IV Report June 18, 2018

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 overlooked information.

Options with increasing option implied volatility: BIIB UPRO PRSP SOGO INTC SUB NXPI JD GOO PCG GOOGL PM VLO FEZ

Popular options with increasing volume: SBUX IQ JD GE SNAP GOOS DNKN SVU

Micron (MU) June weekly call option implied volatility is at 100, July is at 53; compared to its 52-week range of 35 to 77 into the expected release of Q3 results after the market close on June 20. Call put ratio 2.3 calls to 1 put.

Starbucks Corp (SBUX) call put ratio 2.9 calls to 1 put with focus on June weekly and July 57.50 calls into presenting at an Oppenheimer conference on June 19.

Lannett (LCI) July call option implied volatility is at 64, August is at 63; compared to its 52-week range of 37 to 94 into upcoming levothyroxine outcome. Call put ratio 1 call to 2.4 puts.

Valeant Pharma (VRX) call put ratio 1.9 calls to 1 put with focus on June weekly and July 25 calls as shares sell off 7.8% after receiving Complete Response Letter from FDA.

Intel (INTC) 30-day option implied volatility is at 22 compared to its 52-week range of 14 to 41 as shares sell off 4%.

AMD (AMD) 30-day option implied volatility is at 45 compared to its 52-week range of 37 to 100 as shares rally 5%. Call put ratio 2 calls to 1 put.

Broadcom (AVGO) 30-day option implied volatility is at 21 compared to its 52-week range of 21 to 42 as shares sell off 1.4%.

Biogen (BIIB) call put ratio 1 call to 1.1 puts as shares sell off 5.6% after PRC’s spinal muscular atrophy data.

Entergy (ETR) call put ratio 4.33 calls to 1 put with focus on July weekly 77.50 and 80 call into analyst day on June 21.

American Express (AXP) call put ratio 1 call to 5.3 puts with focus on July 97.50 puts.

Increasing unusual call option volume: TK FRO NDLS PAH RCII SOGO ERJ IVZ HBAN PTCT PGNX
Increasing unusual put option volume: EMES BAX PXD WY DNKN PTCT ADT DRI GOOS INSY SOGO IQ SRNE
Options with decreasing option implied volatility: RCII SRNE F NUGT QCOM GDX JNUG DIS GOOS FSLR TWTR UNG
Active options: AMD BAC FB JD TSLA AAPL MU INTC T TWTR GE SNAP NFLX BABA C AMZN MSFT SBUX IQ