Mid-session IV Report June 23, 2020

Mid-session IV Report June 23, 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: CMG PLUG HOG PCG TBIO

Popular stocks with increasing unusual volume: AAL INO PENN PLUG NIO

BlackBerry (BB) June weekly call option implied volatility is at 159, July is at 83, August is at 73; compared to its 52-week range of 30 to 145 into the expected release of quarter results after the bell on June 24. Call put ratio 1.8 calls to 1 put.

Huachu Group (HTHT) July call option implied volatility is at 56, August is at 48; 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 42 puts with focus on July 30 puts.

KB Home (KBH) July call option implied volatility is at 71, 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. Call put ratio 2.5 calls to 1 put.

Paychex (PAYX) July call option implied volatility is at 41, 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. Call put ratio 3.1 calls to 1 put.

National Beverage (FIZZ) July call option implied volatility is at 61, August is at 52; compared to its 52-week range of 16 to 111 into the expected release of quarter results on June 24. Call put ratio 2.9 calls to 1 put.

Winnebago (WGO) July call option implied volatility is at 75, August is at 65; compared to its 52-week range of 16 to 111 into the expected release of quarter results before the bell on June 24. Call put ratio 1 call to 1 put with focus on July options.

Nike (NKE) June weekly call option implied volatility is at 71, July is at 40; compared to its 52-week range of 16 to 111 into the expected release of quarter results after the bell on June 25. Call put ratio 2.9 calls to 1 put with focus on June weekly calls.

Stocks listed that could benefit from Wirecard (WCAGY) troubles

Paysign (PAYS) 30-day option implied volatility is at 92; compared to its 52-week range of 50 to 187 after Wirecard withdrew financial statements for 2019. Call put ratio 9.5 calls to 1 put on light volume.

Green Dot (GDOT) 30-day option implied volatility is at 59; compared to its 52-week range of 34 to 185 after Wirecard withdrew financial statements for 2019.

Square (SQ) 30-day option implied volatility is at 53; compared to its 52-week range of 30 to 142 after Wirecard withdrew financial statements for 2019. Call put ratio 1 call to 1 put.

PayPal (PYPL) 30-day option implied volatility is at 37; compared to its 52-week range of 20 to 90 after Wirecard withdrew financial statements for 2019. Call put ratio 2.4 calls to 1 put as shares rally 1.5%.

Thermal stocks

Remark Holdings (MARK) 30-day option implied volatility is at 234; compared to its 52-week range of 133 to 536. Call put ratio 23 calls to 1 put with focus on July 2.5 calls.

FLIR Systems (FLIR) 30-day call option implied volatility is at 54; compared to its 52-week range of 20 to 103. Call put ratio 21 calls to 1 put with focus on July 45 calls.

Increasing unusual option volume: WKHS WW SONO NUAN TRVN HALO FSLY
Increasing unusual call option volume: WKHS WW HOG NUAN SONO NVO
Increasing unusual put option volume: WKHS WW HOG NUAN SONO NVO
Options with decreasing option implied volatility: CHK GRPN SGMO TWO HOME TNA
Active options: APPL FB MSFT AMD TSLA BAC ORCL AMZN INO TLRY BA PLUG JPM MU T DKNG BABA PENN NIO