Mid-session IV Report June 2, 2022

Mid-session IV Report June 2, 2022

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:

Popular stocks with increasing volume: FCX CAT MOS CHWY PYPL KHC

Growth tech option IV and volume as shares rally

GoodRx Holdings (GDRX) 30-day option implied volatility is at 81; compared to its 52-week range of 49 to 133. Call put ratio 5.3 calls to 1 put.

Upstart Holdings (UPST) 30-day option implied volatility is at 138; compared to its 52-week range of 68 to 166. Call put ratio 1.7 calls to 1 put.

Affirm Holdings (AFRM) 30-day option implied volatility is at 117; compared to its 52-week range of 60 to 214. Call put ratio 1.4 calls to 1 put as shares rally 7.4%.

QuantumScape (QS) 30-day option implied volatility is at 90; compared to its 52-week range of 64 to 119.

Lucid Group (LCID) 30-day option implied volatility is at 97; compared to its 52-week range of 69 to 140.

Rivian Automotive (RIVN) 30-day option implied volatility is at 87; compared to its 52-week range of 70 to 176. Call put ratio 1 call to 1.1 puts as shares rally 4%.

Shopify (SHOP) 30-day option implied volatility is at 84; compared to its 52-week range of 35 to 104. Call put ratio 2.2 calls to 1 put as shares rally 5%.

Roblox (RBLX) 30-day option implied volatility is at 97; compared to its 52-week range of 45 to 154 as shares rally 8%.

Chargepoint Holdings Inc. (CHPT) 30-day option implied volatility is at 83; compared to its 52-week range of 59 to 108 as shares rally 4%.

Teladoc (TDOC) 30-day option implied volatility is at 83; compared to its 52-week range of 38 to 107 as shares rally 6.9%.

Carvana Co. (CVNA) 30-day option implied volatility is at 139; compared to its 52-week range of 37 to 200.

Snowflake (SNOW) 30-day option implied volatility is at 77; compared to its 52-week range of 36 to 114 as shares rally 7%.

Option movers into quarter results

CrowdStrike Holdings Inc. (CRWD) June weekly call option implied volatility is at 230, June is at 96; compared to its 52-week range of 36 to 93 into the expected release of quarter results today after the bell.

lululemon athletica (LULU) June weekly call option implied volatility is at 220, June is at 77; compared to its 52-week range of 24 to 70 into the expected release of quarter results today after the bell.

PagerDuty, Inc. (PD) June call option implied volatility is at 115, July is at 98; compared to its 52-week range of 43 to 114 into the expected release of quarter results today after the bell. Call put ratio 1 calls to 2 put.

Okta, Inc. (OKTA) June weekly call option implied volatility is at 245, June is at 101; compared to its 52-week range of 33 to 99 into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put as shares rally 4.3%.

Natera (NTRA) call put ratio 18 calls to 1 put with focus on June 40 calls

RCI Hospitality Holdings (RICK) call put ratio 1 call to 17 puts with focus on June 45 and 50 puts as shares rally 1%.

Options with decreasing option implied volatility: FTCH GPS M ZS SNOW AEO CPRI DLTR PDD NVDA
Increasing unusual option volume: ERJ PLTK PSTG CERN HRL ANF CHWY
Increasing unusual call option volume: ERJ PSTG LTHM MDB CHWY NKLA KIND NTRA
Increasing unusual put option volume: CERN PSTG ANF VEEV HPE NTNX HOG CHWY TIP NTAP
Active options: AAPL TSLA MSFT CHWY NKLA AMD NVDA FB AMC AMZN CHPT NIO GME F BA PYPL MDB BABA MULN KHC