Mid-session IV Report June 22, 2022

Mid-session IV Report June 22, 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.

Option IV increases: REV MT UMC MO BALL IPOF PSTH CFVI

Popular stocks with increasing volume: MO XOM PLTR COIN REV AAL

Revlon (REV) 30-day option implied volatility is at 360; compared to its 52-week range of 55 to 597. Call put ratio 2.4 calls to 1 put as shares rally 33%.

Meta Platforms (META) 30-day option implied volatility is at 53; compared to its 52-week range of 21 to 79. Call put ratio 2.4 calls to 1 put as shares trade near low end of range.

Option implied volatility for industrial metal stocks as shares trade down

Alcoa (AA) 30-day option implied volatility is at 75; compared to its 52-week range of 49 to 82.

Arconic (ARNC) 30-day option implied volatility is at 56; compared to its 52-week range of 35 to 115.

Nucor (NUE) 30-day option implied volatility is at 55; compared to its 52-week range of 34 to 98.

Steel Dynamics (STLD) 30-day option implied volatility is at 54; compared to its 52-week range of 37 to 62.

U.S. Steel (X) 30-day option implied volatility is at 67; compared to its 52-week range of 49 to 78.

ArcelorMittal (MT) 30-day option implied volatility is at 56; compared to its 52-week range of 35 to 71.

TimkenSteel (TMST) 30-day option implied volatility is at 67; compared to its 52-week range of 51 to 102.

Century Aluminum (CENX) 30-day option implied volatility is at 87; compared to its 52-week range of 60 to 135.

Constellium (CSTM) 30-day option implied volatility is at 54; compared to its 52-week range of 40 to 66.

Kaiser Aluminum (KALU) 30-day option implied volatility is at 51; compared to its 52-week range of 39 to 106.

Vale S.A. (VALE) 30-day option implied volatility is at 51; compared to its 52-week range of 30 to 81.

Rio Tinto plc (RIO) 30-day option implied volatility is at 40; compared to its 52-week range of 27 to 65.

Freeport-McMoran (FCX) 30-day option implied volatility is at 60; compared to its 52-week range of 41 to 64.

BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 43; compared to its 52-week range of 25 to 66.

Southern Copper (SCCO) 30-day option implied volatility is at 39; compared to its 52-week range of 31 to 89. Call put ratio 5.5 calls to 1 put.

Cleveland-Cliffs (CLF) 30-day option implied volatility is at 75; compared to its 52-week range of 49 to 84.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 39; compared to its 52-week range of 26 to 51. Call put ratio 4.8 calls to 1 put.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 29; compared to its 52-week range of 23 to 45.

Option IV bid into quarter results and outlook

Accenture (ACN) June weekly call option implied volatility is at 80, July is at 39; compared to its 52-week range of 14 to 45 into the expected release of quarter results before the bell on June 23.

BlackBerry (BB) June weekly call option implied volatility is at 155, July is at 90; compared to its 52-week range of 55 to 120 into the expected release of quarter results on June 23. Call put ratio 3.2 calls to 1 put.

Darden (DRI) July call option implied volatility is at 50, August is at 45; compared to its 52-week range of 25 to 77 into the expected release of quarter results before the bell on June 23. Call put ratio 1 call to 11.6 puts with focus on July 105 puts.

Rite Aid (RAD) June weekly call option implied volatility is at 295, July is at 111; compared to its 52-week range of 50 to 115 into the expected release of quarter results before the bell on June 23.

Carnival Corp (CCL) June weekly call option implied volatility is at 165, July is at 101; compared to its 52-week range of 41 to 101 into the expected release of quarter results on June 24.

Options with decreasing option implied volatility: ACAD MSTR BOIL KR META ADBE AKAM IPOF
Increasing unusual option volume: HST SIGA ATHA BITQ
Increasing unusual call option volume: XXII ATHA SIGA CPER BOXD ALNY
Increasing unusual put option volume: DBC GPRE AMRS HSBC MO RAD RL MT
Active options: TSLA AAPL META AMZN AMD NVDA NIO REV XOM AMC LI BABA MO MSFT AAL PLTR F MULN COIN BTU