Mid-session IV Report June 28, 2021

Mid-session IV Report June 28, 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: CLDI CVM SPCE EXPR

Popular stocks with increasing volume: CCL F AAL VIAC BA

Movers

Intellia Therapeutics (NTLA) 30-day option implied volatility is at 88; compared to its 52-week range of 56 to 147. Call put ratio 1 call to 1.1 puts after interim data from Phase 1 study of NTLA-2001.

AMC Entertainment (AMC) 30-day option implied volatility is at 196; compared to its 52-week range of 85 to 726 as shares rally 3.5%.

Churchill Capital Corp IV (CCIV) 30-day option implied volatility is at 104; compared to its 52-week range of 79 to 289. Call put ratio 10.5 calls to put as shares rally 6%.

Workhorse Group (WKHS) 30-day option implied volatility is at 148; compared to its 52-week range of 89 to 287. Call put ratio 6.8 calls to 1 put as shares rally 12%.

NVIDIA (NVDA) 30-day option implied volatility is at 39; compared to its 52-week range of 32 to 67.Call put ratio 3.3 calls to 1 put with focus on July weekly calls.

JinkoSolar (JKS) 30-day option implied volatility is at 78; compared to its 52-week range of 64 to 131 as shares rally 10%.

SoFi Technologies (SOFI) 30-day option implied volatility is at 93; compared to its 52-week range of 50 to 151 as shares sell off 1%.

Virgin Galactic Holdings (SPCE) 30-day option implied volatility is at 140; compared to its 52-week range of 75 to 230 as shares pull back 4.6%.

ContextLogic (WISH) 30-day option implied volatility is at 182; compared to its 52-week range of 79 to 279 as shares rally 4.5%.

Tesla (TSLA) July weekly call option implied volatility is at 61, July is at 53; compared to its 52-week range of 47 to 130. Call put ratio 1.4 calls to 1 put as shares rally 2.5%.

IV into quarter results

Herman Miller (MLHR) July call option implied volatility is at 58, August is at 41; compared to its 52-week range of 34 to 93 into the expected release of quarter results after the bell on June 28. Call put ratio 3.7 calls to 1 put.

National Beverage (FIZZ) July call option implied volatility is at 64, August is at 61; compared to its 52-week range of 45 to 276 into the expected release of quarter results after the bell on June 29.

NovaGold (NG) July call option implied volatility is at 39, August is at 37; compared to its 52-week range of 38 to 74 into the expected release of quarter results after the bell on June 29.

Increasing unusual option volume: BEST COMM JACK WISH NTLA SEAS
Increasing unusual call option volume: COMM BEST WISH SEAS NTLA ABEV SRGA TAL RBLX FSR NIO
Increasing unusual put option volume: QRTEA NTLA FNV WISH CCXI PSAC KNDI ASAN SIX STX GPS
Options with decreasing option implied: TEVA AMC INO RAD SWBI
Active options: AAPL TSLA AMC NIO WISH WKHS NVDA PLTR BABA AMD SPCE CCL CCIV F AAL VIAC BA SNDL BIDU TLRY