Mid-Session IV Report June 20, 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: BOX SFIX GE FOXA DIS RHT TSRO HPE AGN RIOT PCG SQ

Popular stocks with increasing unusual option volume: SNAP IQ T SBUX GE BOX SFIX

21st Century Fox Class A (FOXA) and Disney (DIS) option implied volatility increases

21st Century Fox Class A (FOXA) July call option implied volatility is at 21, August is at 18; compared to its 52-week range of 19 to 52 after Disney (DIS) raised its bid for the assets it had previously agreed to buy from the company. Call put ratio 2.6 calls 1 put after Disney (DIS) raised its bid for the assets it had previously agreed to buy.

Disney (DIS) June weekly call option implied volatility is at 27, July is at 21; compared to its 52-week range of 14 to 33.

General Electric (GE) June weekly call option implied volatility is at 39, July is at 33; compared to its 52-week range of 15 to 46 after being removed from Dow Jones Industrials index. Call put ratio 1.88 calls to 1 put.

Walgreens Boots Alliance (WBA) June weekly call option implied volatility is at 31, July is at 26; compared to its 52-week range of 15 to 39 into inclusion in Dow Jones Industrial Index. Call put ratio 2.9 calls to 1 put.

Micron (MU) June weekly call option implied volatility is at 118, July is at 53; compared to its 52-week range of 35 to 77 into the expected release of Q3 results today after the market close. Call put ratio 2 calls to 1 put.

Commercial Metals (CMC) July call option implied volatility is at 37, August is at 36, compared to its 52-week range of 28 to 51 into the expected release of Q3 results before the market open on June 21.

Darden Restaurants (DRI) July call option implied volatility is at 29, August is at 24, compared to its 52-week range of 18 to 40 into the expected release of Q4 results before the market open on June 21.

Kroger (KR) June weekly call option implied volatility is at 94, July is at 34, compared to its 52-week range of 23 to 49 into the expected release of Q1 results before the market open on June 21. Kroger (KR) call put ratio 1 call to 11 puts.

Red Hat (RHT) June weekly call option implied volatility is at 95, July is at 35, compared to its 52-week range of 19 to 43 into the expected release of Q1 results on June 21.

Steelcase (SCS) July call option implied volatility is at 39, August is at 36, compared to its 52-week range of into 25 to 46 into the expected release of Q1 results on June 21.

CarMax (KMX) June weekly call option implied volatility is at 79, July is at 30, compared to its 52-week range of 21 to 42 into the expected release of Q1 results before the market open on June 21.

Rite Aid (RAD) June weekly call option implied volatility is at 122, July is at 70; compared to its 52-week range of 47 to 189 into the expected release of Q1 results on June 21.

Blackberry (BB) June weekly call option implied volatility is at 121, July is at 47; compared to its 52-week range of 28 to 59 into the expected release of Q1 results on June 22. Call put ratio 11.6 calls to 1 put.

Starbucks (SBUX) June weekly call option implied volatility is at 40, July is at 19; compared to its 52-week range of 14 to 28 after the coffee chain lowered its Q3 sales forecast. Call put ratio 1 call to 1.6 puts.

Netflix (NFLX) June weekly call option implied volatility is at 51, July is at 52; compared to its 52-week range of 23 to 63 as shares trade above $410.

Twitter (TWTR) call put ratio 3.7 calls to 1 put

Box (BOX) call put ratio 11 calls to 1 put with focus on July 28, 29 and 30 calls on M&A chatter

Stitch Fix (SFIX) call put ratio 22 calls to 1 put with focus on July 26 and 27 calls on M&A chatter

Increasing unusual call option volume: VWO WGO DNR ENPH MU GOOGL TWTR BOX SFIX
Increasing unusual put option volume: PDCO SYNA SBUX
Active options: BAC MU NFLX GE AAPL FB SBUX AMD AMZN ORCL TWTR TSLA BABA IQ GOOGL T C NVDA MSFT