Mid-Session IV Report June 28, 2018

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 overlooked information.

Options with increasing option implied volatility: MCK SBUX DPS CI DPS FTR CBL CVS TRXC P IRBT TWTR FLEX ALGN UAA SPOT

Popular stocks with increasing unusual option volume: IQ WBA BABA XLF

Financial Select Sector SPDR ETF (XLF) option implied volatility elevated into Federal Reserve bank stress tests

Financial Select Sector SPDR ETF (XLF) June weekly call option implied volatility is at 35, July is at 21; compared to its 52-week range of 12 to 28 into Federal Reserve releasing part two of its annual bank stress tests. Call put ratio 5.9 calls to 1 put with focus on July 27 calls.

Tesla (TSLA) option implied volatility bid as shares rally into Q2 delivery numbers

Tesla (TSLA) June weekly call option implied volatility is at 60, July is at 56; compared to its 52-week range of 32 to 71 into Q2 delivery numbers expected to be released by July 3. Call put ratio 1.8 calls to 1 put.

Starbucks (SBUX) June weekly call option implied volatility is at 36, July is at 22; compared to its 52-week range of 13 to 28 after announcing that Scott Maw, EVP and CFO, is retiring. Call put ratio 1 to 1.

CVS Health (CVS) option implied volatility increases, Amazon (AMZN) has agreed to acquire PillPack

CVS Caremark (CVS) June weekly call option implied volatility is at 55, July is at 31; compared to its 52-week range of 15 to 36 after the earnings reports from its pharmacy industry peers (WBA), (RDA) and following news that Amazon (AMZN) has agreed to acquire PillPack, an online pharmacy that delivers medications in pre-sorted dose packaging. Call put ratio 1 call to 1.3 puts.

Walgreen (WAG) option implied volatility stays elevated after shares sell off on outlook and Amazon (AMZN) acquiring PillPack

Walgreen Boots Alliance (WAG) June weekly call option implied volatility is at 58, July is at 29; compared to its 52-week range of 15 to 40 after its earnings report and news that Amazon (AMZN) has agreed to acquire PillPack, an online pharmacy that delivers medications in pre-sorted dose packaging.

Costco (COST) June weekly call option implied volatility is at 26, July is at 20; compared to its 52-week range of 15 to 33. Call put ratio 1 call to 2.3 puts.

Target (TGT) June weekly call option implied volatility is at 38, July is at 26; compared to its 52-week range of 20 to 44. Call put ratio 1 call to 1.9 puts.

Increasing unusual call option volume: CP GDS CAKE BLL BHF DVN SRE SCO WBA AON AEP
Increasing unusual put option volume: PETS CAVM MKC TRV AOS DPS WBA CALM PCG
Options with decreasing option implied volatility: GBT CARA ARRY AKAO BBBY CMG QCOM NFLX MRVL
Active options: BAC BABA MU AAPL TSLA DVN GE NFLX AMD FB C NVDA AMZN SBUX IQ TWTR WBA MSFT INTC