Mid-session IV Report June 28, 2024

Mid-session IV Report June 28, 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: SNAP CHWY ZI ROKU XP SPOT ALGN META CPRI AMZN EXPE IBM DD KMB

Popular stocks with increasing volume: NKE MU RIVN CHWY WBA SMCI AVGO CMG

Active options: NVDA TSLA AAPL NKE AMD AMZN MU RIVN CHWY GME META GOOGL DJT WBA PLTR SMCI MAXN AVGO CMG

NVIDIA (NVDA) 30-day option implied volatility is at 48; compared to its 52-week range of 32 to 68. Call put ratio 1.8 calls to 1 put amid July 5 weekly 131 calls active on 60K contracts.

Chipotle Mexican Grill (CMG) 30-day option implied volatility is at 41; compared to its 52-week range of 15 to 42 after stock splits 50-for-1. Call put ratio 2.1 calls to 1 put with focus on July 63.1 calls.

Weight Loss company option IV

Novo Nordisk (NVO) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 44. Call put ratio 2.7 calls to 1 put with focus on December 150 calls.

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 39 as share price near record high.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 109; compared to its 52-week range of 51 to 234 as share price up 3.6% to $52.60. Call put ratio 14.3 calls to 1 put with focus on July 65, 85, and 115 calls.

DKS and FL option IV amid Nike (NKE) results

Dick’s Sporting Goods (DKS) 30-day option implied volatility is at 29; compared to its 52-week range of 25 to 53. Call put ratio 2.6 call to 1 puts with focus on July 5 weekly 235 calls.

Foot Locker (FL) 30-day option implied volatility is at 40; compared to its 52-week range of 34 to 89 as share price down 4.1%. Call put ratio 1 call to 3.6 puts with focus on June 28 weekly 24 puts and July 24 puts.

Options with decreasing option implied volatility: MU CGC FDX LEVI NKE CCL GIS EDR
Increasing unusual option volume: KBR HEAR MAXN OIH NKE CMG INFN
Increasing unusual call option volume: KBR OIH MAXN HEAR CMG NKE FIGS KTOS TSLY HCC
Increasing unusual put option volume: NKE MAXN CMG CLOV