Mid-session IV Report June 26, 2024

Mid-session IV Report June 26, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: CHWY SNAP ZI ALGN ROKU META SPOT INTC IBM HOG GOOGL GOOG NKLA RIVN BIRK APTV

Popular stocks with increasing volume: RIVN FDX MU CMG GME HOOD CCL LCID ARM

Active options: NVDA TSLA RIVN AAPL FDX AMD MU AMZN FFIE MAXN CMG GME HOOD CCL LCID META ROKU ARM GOOGL APL

Option IV into quarter results

Micron (MU) June weekly call option implied volatility is at 211, July is at 80; compared to its 52-week range of 27 to 73 into the expected release of quarter results today after the bell. Call put ratio 2.8 calls to 1 put with focus on a trade of June 28 weekly 140 and 142 calls.

National Beverage (FIZZ) 30-day option implied volatility is at 35; compared to its 52-week range of 23 to 42 into the expected release of quarter results today after the bell. Call put ratio 1 call to 5.2 puts.  
   
BlackBerry (BB) June weekly call option implied volatility is at 200, July is at 99; compared to its 52-week range of 41 to 191 into the expected release of quarter results today after the bell on June 26. Call put ratio 6 calls to 1 put with focus on July 5 weekly 2.5 calls.

Nike (NKE) June weekly call option implied volatility is at 130, July is at 46; compared to its 52-week range of 19 to 42 into the expected release of quarter results after the bell on June 27. June weekly 95 calls active.

Walgreens Boots Alliance (WBA) June weekly call option implied volatility is at 130, July is at 57; compared to its 52-week range of 22 to 56 into the expected release of quarter results before the bell on June 27. Call put ratio 1.3 call to 1 put with focus on June 28 weekly 17.5 calls.

Fin-tech option IV

Affirm Holdings (AFRM) 30-day option implied volatility is at 62; compared to its 52-week range of 60 to 118. Call put ratio 1.4 calls to 1 put with focus on July 50 calls active as share price down 3%.

Upstart Holdings (UPST) 30-day option implied volatility is at 65; compared to its 52-week range of 62 to 158. Call put ratio 6.9 calls to 1 put with focus on 3520 contracts of January 20 calls trading at $10.

Block (SQ) 30-day option implied volatility is at 41; compared to its 52-week range of 37 to 80.

PayPal (PYPL) 30-day option implied volatility is at 30; compared to its 52-week range of 26 to 57. Call put ratio 4.3 calls to 1 put with focus on July 5 weekly 60 and 63 calls.

SoFi Technologies (SOFI) 30-day option implied volatility is at 42; compared to its 52-week range of 40 to 100. Call put ratio 4.1 calls to 1 put with focus on June 28 weekly 6.5 calls.

Movers

Chipotle Mexican Grill (CMG) 30-day option implied volatility is at 42; compared to its 52-week range of 15 to 40 after stock splits 50-for-1. Call put ratio 2.4 calls to 1 put with focus on July 5 weekly 58.2 puts.

ZoomInfo Technologies Inc. (ZI) 30-day option implied volatility is at 68; compared to its 52-week range of 29 to 90. Call put ratio 8.9 calls to 1 put with focus on July 12.50 calls and August 16 calls.

Russell 2000 Index (RUT) call put ratio 1 call to 1.3 puts with focus on July 2300 calls active at 48c.

Whirlpool (WHR) 30-day option implied volatility is at 42; compared to its 52-week range of 22 to 44 after Reuters says Bosch weighing bid. Call put ratio 1.3 calls to 1 put with focus on June 28 weekly 90 and 95 calls as share price up 12.7%.

Beyond Meat (BYND) 30-day option implied volatility is at 104; compared to its 52-week range of 63 to 209 as share price down 4.2%. Call put ratio 1 call to 3.1 puts with focus on June 28 weekly 5.5 and 6 puts.

Options with decreasing option implied volatility: SPRT ANVS SPCE KMX KR FDX SPR CCL GIS ACN UNG
Increasing unusual option volume: ABEV FFIE DHT MAXN APLD
Increasing unusual call option volume: MAXN DHT CMG APLD FDX PPC NVD
Increasing unusual put option volume: MAXN FDX CMG GIS RIVN EWT