Mid-session IV Report June 19, 2020

Mid-session IV Report June 19, 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: SPOT FIT DDS APT ITCI NUAN

Popular stocks with increasing unusual volume: ROKU NIO AAL F NKLA SPOT

Option implied Volatility for Semiconductors into Apple WWDC20

Apple (AAPL) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 90 as shares at record high. Call put ratio 1.5 calls to 1 put into Apple is hosting Worldwide Developers Conference virtually WWDC20, beginning June 22.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 91. Call put ratio 1 call to 1.9 puts.

Micron (MU) 30-day option implied volatility is at 57; compared to its 52-week range of 31 to 115 into its price target raised to $65 from $55 at Wells Fargo. Call put ratio 2.6 calls to 1 put with focus on July 52.50 calls.

Intel (INTC) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 99.

STMicroelectronics NV (STM) 30-day option implied volatility is at 51; compared to its 52-week range of 27 to 111. Call put ratio 9.7 calls to 1 put.

NXP Semiconductors (NXPI) 30-day option implied volatility is at 51; compared to its 52-week range of 25 to 115. Call put ratio 11.8 calls to 1 put with focus on June/July weekly (2) call spreads.

ON Semiconductor (ON) 30-day option implied volatility is at 65; compared to its 52-week range of 30 to 133. Call put ratio 5.6 calls to 1 put with focus on June calls expiring today as shares rally 1.6%.

Universal Display (OLED) 30-day option implied volatility is at 46; compared to its 52-week range of 32 to 103. Call put ratio 7.9 calls to 1 put.

Skyworks (SWKS) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 108. Call put ratio 4.2 calls to 1 put.

Lumentum (LITE) 30-day option implied volatility is at 51; compared to its 52-week range of 33 to 100.

Qorvo (QRVO) 30-day option implied volatility is at 45; compared to its 52-week range of 27 to 93.

Qualcomm (QCOM) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 85. Call put ratio 3 calls to 1 put with focus on June 90 calls.

Cirrus Logic (CRUS) 30-day option implied volatility is at 52; compared to its 52-week range of 27 to 93.

STMicroelectronics NV (STM) 30-day option implied volatility is at 50; compared to its 52-week range of 27 to 111.

Marvell Technology (MRVL) 30-day option implied volatility is at 44; compared to its 52-week range of 27 to 99.

Increasing unusual option volume: NUAN TME LW WKHS NBRV
Increasing unusual call option volume: NUAN TME WKHS NBRV VIPS ABC
Increasing unusual put option volume: CBOE NKLA TRGP LNG SWBI
Options with decreasing option implied volatility: GRPN HOME TWO PLAY NCLH RCL BA
Active options: AAPL FB AMD MSFT ROKU TSLA BA NIO BAC BYND AMZN AAL NVDA MU F TME SNAP SPOT NKLA JPM