Mid-session IV Report June 3, 2021

Mid-session IV Report June 3, 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: BB AMC WKHS CLNE INO TLRY NKLA RKT CLOV KODK EDU ZNGA RIDE

Popular stocks with increasing volume: F TLRY WKHS PLTR GM AAL GM

Option volume, IV and share price movers

Apple (AAPL) June weekly call option implied volatility is at 28, June is at 25; compared to its 52-week range of 22 to 62 into Apple Worldwide Developers Conference that is due to start June 7, 2021.

Option IV movers

AMC Entertainment (AMC) June weekly call option implied volatility is at 795, June is at 500; compared to its 52-week range of 85 to 725. Call put ratio 1 call to 1 put as shares sell off 19%.

GameStop (GME) June weekly call option implied volatility is at 221, June is at 220; compared to its 52-week range of 78 to 553. Call put ratio 2.1 calls to 1 put as shares sell off 9%.

BlackBerry (BB) June weekly call option implied volatility is at 720, June is at 395; compared to its 52-week range of 47 to 478. Call put ratio 5.2 calls to 1 put with focus on June weekly 18 calls as shares rally 13%.

Bed Bath & Beyond (BBBY) June weekly call option implied volatility is at 320, June is at 190; compared to its 52-week range of 66 to 482. Call put ratio 1 call to 1.2 puts.

Sundial Growers (SNDL) 30-day option implied volatility is at 310; compared to its 52-week range of 136 to 654. Call put ratio 14.3 calls to 1 put with focus on June weekly 1.5 calls as shares rally 18%.

Option IV into quarter results this week

Docusign (DOCU) June weekly call option implied volatility is at 120, June is at 51; compared to its 52-week range of 37 to 128 into the expected release of quarter results today after the bell.

Broadcom (AVGO) June weekly call option implied volatility is at 59, June is at 34; compared to its 52-week range of 24 to 52 into the expected release of quarter results today after the bell.

CrowdStrike (CRWD) June weekly call option implied volatility is at 54, June is at 45; compared to its 52-range of 42 to 109 into the expected release of quarter results today after the bell.

Five Below (FIVE) June weekly call option implied volatility is at 114, June is at 49; compared to its 52-week range of 32 to 64 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put.

Lululemon (LULU) June weekly call option implied volatility is at 118, June is at 45; compared to its 52-week range of 26 to 65 into the expected release of quarter results today after the bell.

PageDuty (PD) June call option implied volatility is at 89, July is at 65; compared to its 52-week range of 52 to 135 into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put.

Biogen (BIIB) June weekly call option implied volatility is at 90, June is at 136; compared to its 52-week range of 28 to 103 into aducanumab in Alzheimer’s PDUFA date of June 7. Call put ratio 1.4 calls to 1 put.

Increasing unusual option volume: CLNE BB TELL CLOV EXPR GTT CSTM WKHS F TLRY PLTR XL PLUG EXPR FB XOM TELL MSFT QS CRON FCX JPM RBLX FEYE X INTC WFC
Increasing unusual call option volume: BB CLNE CLOV EXPR TELL AHT SNDL
Increasing unusual call option volume: BB EXPR BBBY
Options with decreasing option implied: ZM SPLK ULTA VMW BIG
Active options: AMC SNDL BB F NOK AAPL TSLA TLRY WKHS PLTR CLOV GM TWTR NIO NVDA BAC AMD CLNE SOS AAL