Mid-session IV Report June 30, 2020

Mid-session IV Report June 30, 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: WKHS BLNK BE BHC NET NLY TIF FIT ZNGA FDX M CPRI VIAC

Popular stocks with increasing unusual volume: WKHS NKLA FDX INO UBER VIAC

Workhorse Group (WKHS) July call option implied volatility is at 340, August is at 280; compared to its 52-week range of 102 to 272 as shares up 24%. Call put ratio 3.9 calls to 1 put.

FedEx (FDX) July weekly call option implied volatility is at 111, July is at 55; compared to its 52-week range of 22 to 137 into the expected release of quarter results today after the bell. Call put ratio 1.6 calls to 1 put.

Steelcase (SCS) July call option implied volatility is at 88, August is at 58; compared to its 52-week range of 21 to 108 into the expected release of quarter results today after the bell. Call put ratio 5.7 calls to 1 put.

Capri Holdings (CPRI) July weekly call option implied volatility is at 202, July is at 115, August is at 104; compared to its 52-week range of 33 to 156 into the expected release of quarter results before the bell on July 1. Call put ratio 1 call to 2 puts.

Constellation Brands (STZ) July weekly call option implied volatility is at 95, July is at 48, August is at 40; compared to its 52-week range of 19 to 93 into the expected release of quarter results before the bell on July 1. Call put ratio 1 call to 2 puts.

General Mills (GIS) July call option implied volatility is at 34, August is at 27; compared to its 52-week range of 16 to 70 into the expected release of quarter results before the bell on July 1. Call put ratio 7.9 calls to 1 put with focus on July 60 and 65 calls.

Macys (M) July weekly call option implied volatility is at 156, July is at 110, August is at 105; compared to its 52-week range of 31 to 165 into the expected release of quarter results before the bell on July 1. Call put ratio 1.9 calls to 1 put.

Huazhu (HTHT) July weekly call option implied volatility is at 53, August is at 46; compared to its 52-week range of 33 to 108 into the expected release of quarter results before the bell on July 1. Call put ratio 1 call to 14 puts with focus on July 30 puts.

Tech stocks option implied volatility into end of quarter

Zoom Video Communications (ZM) July weekly (2) call option implied volatility is at 61, July is at 56; compared to its 52-week range of 36 to 137.

Peloton (PTON) July weekly (2) call option implied volatility is at 82, July is at 73; compared to its 52-week range of 58 to 158. Call put ratio 3 calls to 1 put amid shares up 3%.

Wayfair (W) July weekly (2) call option implied volatility is at 71, July is at 67; compared to its 52-week range of 41 to 210. Call put ratio 1 call to 3.7 puts.

Netflix (NFLX) July weekly (2) option implied volatility is at 43, July is at 59; compared to its 52-week range of 27 to 98.

Roku (ROKU) July weekly (2) option implied volatility is at 75, July is at 71; compared to its 52-week range of 50 to 129. Call put ratio 2.9 calls to 1 put.

DocuSign Inc. (DOCU) July weekly (2) call option implied volatility is at 66, July is at 56; compared to its 52-week range of 28 to 108 into end of quarter.

Cloudflare (NET) July call option implied volatility is at 90, August is at 88; compared to its 52-week range of 50 to 118 after benefiting from stay at home work business. Call put ratio 59 calls to 1 put with focus on July 17 calls.

RingCentral (RNG) July weekly (2) option implied volatility is at 59, July is at 53; compared to its 52-week range of 31 to 101 amid shares up 4%.

Fastly (FSLY) June weekly (2) call option implied volatility is at 134, July is at 119; compared to its 52-week range of 53 to 128 as shares up 5.6%.

Akamai (AKAM) 30-day option implied volatility is at 42; compared to its 52-week range of 20 to 70. Call put ratio 13 calls to 1 put with focus on July 100 and 110 calls.

8×8 (EGHT) 30-day option implied volatility is at 74; compared to its 52-week range of 32 to 122 amid shares up 2%.

Limelight Networks (LLNW) 30-day option implied volatility is at 100; compared to its 52-week range of 38 to 152 amid call put ratio 8.3 calls to 1 put with focus on July 8 calls.

Box (BOX) 30-day option implied volatility is at 55; compared to its 52-week range of 32 to 107. Call put ratio 16 calls to 1 put with focus on July 20 calls.

Dropbox (DBX) 30-day option implied volatility is at 55; compared to its 52-week range of 31 to 101. Call put ratio 3.6 calls to 1 put with focus on ATM calls.

Logitech (LOGI) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 86.

PayPal (PYPL) July weekly call option implied volatility is at 39, July is at 40; compared to its 52-week range of 20 to 90 as shares near upper end of range.

Option implied volatility for technology into end of quarter

Technology Select Sector Spdr Fund (XLK) 30-day option implied volatility is at 62; compared to its 52-week range of 13 to 93.

IBM (IBM) 30-day option implied volatility is at 40; compared to its 52-week range of 15 to 85.

Ishares S&P Software Index Fund (IGM) 30-day option implied volatility is at 33; compared to its 52-week range of 16 to 85.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 38; compared to its 52-week range of 19 to 9.

Increasing unusual option volume: WKHS ZYNE INVH MT FXV HUN BE VIAC
Increasing unusual call option volume: WKHS ZYNE INVH MT WMC BE WEN
Increasing unusual put option volume: GDS BLDP BE CAG FOXA ODP NKLA
Options with decreasing option implied volatility: RAD MLHR COH GS
Active options: TSLA AAPL BA AMD MU FB MSFT BAC NIO WKHS AAL AMZN INO MT NVDA LULU NKLA WFC JPM UBER