Mid-session IV Report June 22, 2021

Mid-session IV Report June 22, 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: VOD TAL DDD CLDR NFLX OCX CLOV

Popular stocks with increasing volume: AMC PLUG F ROKU NIO MU PLTR

ContextLogic (WISH) 30-day option implied volatility is at 173, July is at 169; compared to its 52-week range of 79 to 278. Call put ratio 6.7 calls to 1 put with focus on June weekly 15 and 20 calls.

Bitcoin breached technical support and broke below $30,000 for the first time since January

Related equities volume and option IV

Coin (COIN) 30-day option implied volatility is at 55; compared to its 52-week range of 46 to 81 into Bitcoin trades below $30,000. Call put ratio 1 call to 1.1 puts as shares down 4%.

Marathon Patent Group (MARA) 30-day option implied volatility is at 115; compared to its 52-week range of 101 to 393 amid Bitcoin trades below $30,000. Call put ratio 1 call to 1.5 puts as shares down 10%.

Riot Blockchain (RIOT) 30-day option implied volatility is at 110; compared to its 52-week range of 105 to 276 amid Bitcoin trades below $30,000. Call put ratio 1 call to 1.8 puts as shares down 9%.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 95; compared to its 52-week range of 30 to 154 amid Bitcoin trades below $30,000. Call put ratio 1 call to 2 puts as shares down 11%.

Microvision (MVIS) 30-day option implied volatility is at 128; compared to its 52-week range of 128 to 285 amid Bitcoin breached technical support and broke below $30,000 for the first time since January. Call put ratio 2 calls to 1 put as shares sell off 11%.

Bit Digital (BTBT) 30-day option implied volatility is at 127; compared to its 52-week range of 120 to 279.

CleanSpark (CLSK) 30-day option implied volatility is at 100; compared to its 52-week range of 99 to 260 amid Bitcoin below $30,000.

Silvergate Capital (SI) 30-day option implied volatility is at 79; compared to its 52-week range of 71 to 168 amid Bitcoin below $30,000. Call put ratio 1 call to 1.7 puts as shares sell off 7%.

BIT Mining Limited (BTCM) 30-day option implied volatility is at 139; compared to its 52-week range of 79 to 631 amid Bitcoin below $30,000. Call put ratio 2 calls to 1 put as shares sell off 13%.

Ideanomics (IDEX) 30-day option implied volatility is at 109; compared to its 52-week range of 83 to 353. Cal put ratio 4.6 calls to 1 put as shares sell off 3%.

Natural gas trends higher

United States Natural Gas (UNG) 30-day option implied volatility is at 33; compared to its 52-week range of 30 to 219. Call put ratio 2 calls to 1 put as shares rally 1.8%.

Range Resources (RRC) 30-day option implied volatility is at 62; compared to its 52-week range of 58 to 170.

Antero Resources (AR) 30-day option implied volatility is at 60; compared to its 52-week range of 57 to 140.

Battery stocks IV

Albemarle (ALB) 30-day option implied volatility is at 34; compared to its 52-week range of 34 to 68.

Livent Corporation (LTHM) 30-day option implied volatility is at 59; compared to its 52-week range of 59 to 103.

Deal stocks IV

Sanderson Farms (SAFM) July option implied volatility is at 28, August is at 27; compared to its 52-week range of 26 to 58 after reports says the company is exploring a sale. Call put ratio 1 call to 1 put.

Splunk (SPLK) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 63. Call put ratio 5.5 calls to 1 put with focus on August 140 and 150 calls amid $1B investment from Silverlake.

Increasing unusual option volume: HUN WISH VTNR UTZ CLOV
Increasing unusual call option volume: WWE WISH WGO SWBI CLOV
Increasing unusual put option volume: EWJ ASAN WISH SWBI GOOG CLOV
Options with decreasing option implied: IPOF IPOD OCGN ROOT CRSR SAGE
Active options: AAPL WISH AMC TSLA CLOV PLUG FUBO NVDA AMD F AMZN MSFT ROKU BA NIO TRCH RIOT MU PLTR MARA