Mid-session IV Report June 29, 2022

Mid-session IV Report June 29, 2022

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.

Option IV increases: CCL NCLH RCL ASPN BGS DLR VIX MU

Popular stocks with increasing volume: CCL BBBY SHOP AMC NKE F XOM BABA MU

Chip stocks option IV as SMH near low end of range into Micron (MU) results

Micron (MU) July weekly call option implied volatility is at 122, July is at 63; compared to its 52-week range of 26 to 68 into the expected release of quarte results after the bell on June 30. Call put ratio 1.6 calls to 1 put.

Advanced Micro Devices Inc (AMD) 30-day option implied volatility is at 62; compared to its 52-week range of 35 to 73.

NVIDIA (NVDA) 30-day option implied volatility is at 61; compared to its 52-week range of 31 to 82.

Lam Research (LRCX) 30-day option implied volatility is at 53; compared to its 52-week range of 28 to 57.

Applied Materials (AMAT) 30-day option implied volatility is at 49; compared to its 52-week range of 29 to 59.

KLA Corp. (KLAC) 30-day option implied volatility is at 47; compared to its 52-week range of 28 to 56. Call put ratio 5.7 calls to 1 put.

Qualcomm (QCOM) 30-day option implied volatility is at 51; compared to its 52-week range of 22 to 58.

Intel (INTC) 30-day option implied volatility is at 41; compared to its 52-week range of 21 to 48. Call put ratio 1.8 calls to 1 put as shares sell off 1%.

STMicroelectronics NV (STM) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 109. Call put ratio 6.8 calls to 1 put.

NXP Semiconductors (NXPI) 30-day option implied volatility is at 48; compared to its 52-week range of 28 to 56. Call put ratio 1.2 calls to 1 put as shares sell off 2%.

Universal Display (OLED) 30-day option implied volatility is at 51; compared to its 52-week range of 30 to 66.

Skyworks (SWKS) 30-day option implied volatility is at 47; compared to its 52-week range of 25 to 55. Call put ratio 2.2 calls to 1 put as shares sell off 2%.

Western Digital (WDC) 30-day option implied volatility is at 48; compared to its 52-week range of 34 to 62.

Broadcom (AVGO) 30-day option implied volatility is at 36; compared to its 52-week range of 20 to 48. Call put ratio 1 call to 1.1 puts.

Analog Devices (ADI) 30-day option implied volatility is at 36; compared to its 52-week range of 21 to 44. Call put ratio 1 call to 7.2 puts as shares sell off 1.6%.

Marvell Technology (MRVL) 30-day option implied volatility is at 60; compared to its 52-week range of 29 to 80.

Microchip (MCHP) 30-day option implied volatility is at 44; compared to its 52-week range of 28 to 54.

Taiwan Semi (TSM) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 49.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 42; compared to its 52-week range of 20 to 49. Call put ratio 1 calls to 1.9 puts.

Apple watch

Apple (APPL) 30-day option implied volatility is at 39; compared to its 52-week range of 20 to 44 into the expected release of quarter results after the bell on July 25. Call put ratio 1 call to 1.1 puts as shares rally 1.9%.

IV into quarter results

Walgreens Boots Alliance (WBA) July weekly call option implied volatility is at 84, July is at 44; compared to its 52-week range of 23 to 40 into the expected release of quarter results on June 30. Call put ratio 1.2 calls to 1 put.

Movers

Carnival Corp. (CCL) 30-day option implied volatility is at 97; compared to its 52-week range of 41 to 101 as shares sell off 15% after a Morgan Stanley price cut.

Royal Caribbean (RCL) 30-day option implied volatility is at 81; compared to its 52-week range of 36 to 82 as shares sell off 10%. Call put ratio 1 call to 1.2 puts.

Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 82; compared to its 52-week range of 46 to 82 as shares sell off 10%.

Revlon (REV) 30-day option implied volatility is at 215; compared to its 52-week range of 54 to 591 as shares down 16%. Call put ratio 1 call to 1 put.

Options with decreasing option implied volatility: AXSM ZEN KMX KBH FDX NKE
Increasing unusual option volume: ENDP AGEN XAIR CLAR HLGN EWW
Increasing unusual call option volume: ENDP EWW AGEN CLAR XAIR TWOU COMM
Increasing unusual put option volume: WEBR GSG BGS EWW MKC SABR BBBY
Active options: TSLA AAPL AMZN AMD NVDA META CCL NIO CHPT BBBY SHOP AMC MSFT NKE F XOM BABA BAC UPST MU