Mid-session IV Report June 29, 2020

Mid-session IV Report June 29, 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: MU FDX FB TWTR BYND BA WKHS INO SRNE PLUG TGTX PLNT FB GOOG WKHS

Popular stocks with increasing unusual volume: BYND ROKU ON BA WKHS SPG

Nikola (NKLA) July weekly call option implied volatility is at 201, July is at 159; compared to its 52-week range of 67 to 305 into Nikola to commence Badger preorders at 11 a.m. eastern time. Call put ratio 1 call to 1 put.

Workhorse Group (WKHS) July call option implied volatility is at 282, August is at 245; compared to its 52-week range of 101 to 249 as shares rally 44%. Call put ratio 2.3 calls to 1 put with focus on July calls after Cowen comments.

Micron (MU) July weekly call option implied volatility is at 95, July is at 61; compared to its 52-week range of 31 to 115 into the expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1 put.

ConAgra (CAG) July weekly call option implied volatility is at 88, July is at 44, August is at 35; compared to its 52-week range of 23 to 116 into the expected release of quarter results before the bell on June 30. Call put ratio 3.7 calls to 1 put.

FedEx (FDX) July weekly call option implied volatility is at 100, July is at 59; compared to its 52-week range of 22 to 137 into the expected release of quarter results after the bell on June 30. Call put ratio 2.1 calls to 1 put.

Herman Miller (MLHR) July call option implied volatility is at 95, August is at 69; compared to its 52-week range of 22 to 127 into the expected release of quarter results before the bell on June 30. Call put ratio 11 calls to 1 put.

Steelcase (SCS) July call option implied volatility is at 76, August is at 58; compared to its 52-week range of 21 to 108 into the expected release of quarter results after the bell on June 30. Call put ratio 1.3 calls to 1 put.

Boeing (BA) July weekly call option implied volatility is at 101, July is at 82; compared to its 52-week range of 23 to 221 into reports on Max 737 testing. Call put ratio 3.3 calls to 1 put as shares rally 6%.

Facebook (FB) July weekly call option implied volatility is at 67 July is at 46; compared to its 52-week range of 21 to 82 amid social media advertiser boycotts. Call put ratio 1 call to 1 put.

Twitter (TWTR) July weekly call option implied volatility is at 71, July is at 51; compared to its 52-week range of 38 to 126 amid social media advertiser boycotts. Call put ratio 1.2 calls to 1 put.

Snap (SNAP) July weekly call option implied volatility is at 64, July is at 53; compared to its 52-week range of 27 to 127 amid social media advertiser boycotts. Call put ratio 1.1 calls to put.

Kroger (KR) July weekly call option implied volatility is at 37, July is at 31; compared to its 52-week range of into 28 to 95 after Albertsons (ACI) IPO. Call put ratio 9.7 calls to 1 put with focus on July 34 calls as shares rally 3.5%.

DraftKings (DKNG) July weekly option implied volatility is at 135, July is at 108; compared to its 52-week range of 54 to 143. Call put ratio 2.5 calls to 1 put with focus on July weekly calls.

Beyond Meat (BYND) July weekly call option implied volatility is at 100, July is at 79, August is at 85; compared to its 52-week range of 47 to 130 after Barclays downgrades to Underweight on restaurant closures.

Increasing unusual option volume: WKHS BFCP HRTX BLDP ON ZYNE HST
Increasing unusual call option volume: WKHS BLDP ON HRTX ARR ICPT CLDR DDD
Increasing unusual put option volume: HST BLDP GDS ICPT NKLA FSLY KBH CRUS
Options with decreasing option implied volatility: ACB GPS
Active options: FB AAPL BA AMD TSLA BAC AAL WKHS MSFT AMZN NKLA GE BYND MU SNAP ON ROKU TWTR DIS WFC