Mid-session IV Report June 22, 2020

Mid-session IV Report June 22, 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: NKE APT BOX SONO

Popular stocks with increasing unusual volume: BOX SONO ZM NIO SPCE

Apple (AAPL) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 90 as shares at record high. Call put ratio 1.1 call to 1 put into Apple is hosting Worldwide Developers Conference virtually WWDC20.

Sonos (SONO) July and August call option implied volatility is at 95; compared to its 52-week range 40 to 114 after Citron sets $30 price target on. Call put ratio 24 calls to 1 put with focus on July 15 calls as shares rally 8.6%.

Box (BOX) July call option implied volatility is at 58, August is at 53; compared to its 52-week range of 32 to 106. Call put ratio 52 calls to 1 put with focus on July 22 calls

Tech stock IV after Eric Savitz of Barron’s listed some of the pricier tech names

Datadog (DDOG) 30-day option implied volatility is at 64; compared to its 52-week range of 53 to 104. Call put ratio 5 calls to 1 put.

Zoom Video (ZM) 30-day option implied volatility is at 66; compared to its 52-week range of 35 to 136.

Zscaler (ZS) 30-day option implied volatility is at 63; compared to its 52-week range of 40 to 118.

Coupa Software (COUP) 30-day option implied volatility is at 56; compared to its 52-week range of 36 to 123.

DraftKings (DKNG) 30-day option implied volatility is at 88; compared to its 52-week range of 54 to 143.

IV into quarterly results

Barnes & Noble Education (BNED) 30-day option implied volatility is at 127; compared to its 52-week range of 39 to 291 into the expected release of quarter results.

California Resources (CRC) 30-day option implied volatility is at 279; compared to its 52-week range of 76 to 403 into the expected release of quarter results. Call put ratio 8 calls to 1 put with focus on July calls.

La-Z-Boy (LZB) July call option implied volatility is at 70, August is at 55; compared to its 52-week range of 25 to 145 into the expected release of quarter results after the bell on June 24.

BlackBerry (BB) June weekly call option implied volatility is at 119, July is at 84, August is at 71; compared to its 52-week range of 30 to 145 into the expected release of quarter results after the bell on June 24.

Huachu Group (HTHT) July call option implied volatility is at 58, August is at 54; compared to its 52-week range of 34 to 107 into the expected release of quarter results after the bell on June 24. Call put ratio 1 call to 6 puts with focus on July 30 puts.

KB Home (KBH) July call option implied volatility is at 73, August is at 67; compared to its 52-week range of 25 to 175 into the expected release of quarter results after the bell on June 24.

Paychex (PAYX) July call option implied volatility is at 40, August is at 36; compared to its 52-week range of 14 to 85 into the expected release of quarter results before the bell on June 24.

Bristol-Myers Squibb (BMY) call put ratio 2.3 calls to 1 put with focus on June weekly calls into hosting a virtual investor meeting today. 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 71.

Kansas City Southern (KSU) call put ratio 6.1 calls to 1 put with focus on August 145 and 150 calls into hosting a investor webcast on June 23. 30-day option implied volatility is at 48; compared to its 52-week range of 18 to 82.

Increasing unusual option volume: SONO INVA WKHS FSM BOX
Increasing unusual call option volume: SONO FSM NUAN BOX
Increasing unusual put option volume: SBSW NKLA PLCE AMRN FEZ RSX
Options with decreasing option implied volatility: GRPN HOME SGMO TWO RWT
Active options: AAPL SPCE AMD AAL NIO FB MSFT BA TSLA F ROKU AMRN SNAP GE NFLX BAC CCL ZM ZQ HTZ