Mid-session IV Report June 2, 2021

Mid-session IV Report June 2, 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: AMC BB KODK IPOF BBBY

Popular stocks with increasing volume: ZM BB NIO ABNB SNAP RIOT TLRY FUBO FSR

Option volume, IV and share price movers

AMC Entertainment (AMC) June weekly call option implied volatility is at 477, June is at 320; compared to its 52-week range of 85 to 725. Call put ratio 1.8 calls to 1 put as shares rally 21%.

GameStop (GME) June weekly call option implied volatility is at 175, June is at 198; compared to its 52-week range of 78 to 553. Call put ratio 2.1 calls to 1 put as shares sell off 1%.

BlackBerry (BB) June weekly call option implied volatility is at 370, June is at 255; compared to its 52-week range of 47 to 478. Call put ratio 5.9 calls to 1 put with focus on June weekly 13, 13.5 and 14 calls as shares rally 9%.

Option IV into quarter results this week

NetApp (NTAP) June weekly call option implied volatility is at 94, June is at 46; compared to its 52-week range of 26 to 64 into the expected release of quarter results today after the bell.

PVH Corp (PVH) June weekly call option implied volatility is at 55, June is at 45; compared to its 52-week range of 41 to 99 into the expected release of quarter results today after the bell. Call put ratio 1 call to 5.2 puts with focus on June 100 and 110 puts.

Splunk (SPLK) June weekly call option implied volatility is at 110, June is at 56; compared to its 52-week range of 32 to 63 into the expected release of quarter results today after the bell.

Broadcom (AVGO) June weekly call option implied volatility is at 54, June is at 34; compared to its 52-week range of 24 to 52 into the expected release of quarter results after the bell on June 3.

Ciena (CIEN) June weekly call option implied volatility is at 111, June is at 49; compared to its 52-week range of 28 to 63 into the expected release of quarter results before the bell on June 3.Call put ratio 5.4 calls to 1 put with focus on July 55 calls.

CrowdStrike (CRWD) June weekly call option implied volatility is at 111, June is at 55; compared to its 52-week range of 42 to 109 into the expected release of quarter results after the bell on June 3.

Duluth (DLTH) June call option implied volatility is at 79, July is at 60; compared to its 52-week range of 52 to 152 into the expected release of quarter results before the bell on June 3.

Express (EXPR) June weekly call option implied volatility is at 330, June is at 160 compared to its 52-week range of 102 to 66 into the expected release of quarter results before the bell on June 3. Call put ratio 12.7 calls to 1 put with focus on June weekly 5, 5.5 and 6 calls.

Five Below (FIVE) June weekly call option implied volatility is at 97, June is at 49; compared to its 52-week range of 32 to 64 into the expected release of quarter results after the bell on June 3. Call put ratio 1 call to 1.7 puts.

Lululemon (LULU) June weekly call option implied volatility is at 94, June is at 45; compared to its 52-week range of 26 to 65 into the expected release of quarter results after the bell on June 3.

PageDuty (PD) June call option implied volatility is at 87, July is at 65; compared to its 52-week range of 52 to 135 into the expected release of quarter results after the bell on June 3.

Slack Technologies (WORK) June weekly call option implied volatility is at 40, June is at 20; compared to its 52-week range of 17 to 128 into the expected release of quarter results after the bell on June 3.

Biogen (BIIB) June weekly call option implied volatility is at 89, June is at 133; compared to its 52-week range of 28 to 103 into for aducanumab in Alzheimer’s PDUFA date of June 7. Call put ratio 1 call to 1 put.

Increasing unusual option volume: AMC BBBY BB OEG BKR BEKE TELL LB STNE AHT
Increasing unusual call option volume: BB EDU WPG EXPR BBBY SCCO BKR OEG IYR LB TELL BB AHT AMLP
Increasing unusual put option volume: RBLX ABT BB AMC LOGI XLK BEKE EDU STNE
Options with decreasing option implied: CLDR NTNX BIG PLAN WSM DLTR ULTA DKS VMW
Active options: AMC BB TSLA AAPL NVDA NOK NIO F AMD SNDL PLTR TLRY SKLZ BA FUBO ABNB FB FSR MSFT ZM