Mid-session IV Report June 5, 2020

Mid-session IV Report June 5, 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: AAL JETS SWBI BA FRO TIF DAL

Popular options with increasing volume: AAL F HTZ WORK LK MGM

The Labor Department monthly employment report showed the jobless rate dropped to 13.3% last month from 14.7% in April.

Apple (AAPL) June weekly (5) call option implied volatility is at 30, June is at 24; compared to its 52-week range of 17 to 90. Call put ratio 1.8 calls to 1 put as shares at record high.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 91 as shares at record high.

SPDR S&P 500 ETF Trust (SPY) 30-day call option implied volatility is at 20; compared to its 52-week range of 10 to 77 after The Labor Department monthly employment report showed the jobless rate dropped to 13.3% last month from 14.7% in April. Call put ratio 1 call to 1 put as shares rally 2.5%.

PowerShares QQQ Trust (QQQ) 30-day call option implied volatility is at 23; compared to its 52-week range of 12 to 79. Call put ratio 1 call to 2 puts as shares rally 1.5%.

Option implied volatility for stocks that benefited from stay at home work business on reports recovery is taking place

Peloton (PTON) June weekly (5) call option implied volatility is at 113, June is at 64; compared to its 52-week range of 58 to 158 after benefiting from stay at home work business. Call put ratio 1 call to 2.3 puts amid shares down 4.5%.

Zoom Video Communications (ZM) June weekly (5) call option implied volatility is at 102, June is at 66; compared to its 52-week range of 36 to 136.

Grubhub (GRUB) June weekly (5) call option implied volatility is at 105, June is at 48; compared to its 52-week range of 38 to 143. Call put ratio 1.9 calls to 1 put.

Netflix (NFLX) June weekly (5) option implied volatility is at 54, June is at 38; compared to its 52-week range of 27 to 98 after benefiting from stay at home work business.

Roku (ROKU) June weekly (5) option implied volatility is at 115, June is at 66; compared to its 52-week range of 50 to 129 after benefiting from stay at home work business.

Cloudflare (NET) June call option implied volatility is at 63, July is at 62; compared to its 52-week range of 50 to 118.

RingCentral (RNG) June weekly (5) option implied volatility is at 44, July is at 48; compared to its 52-week range of 31 to 101.

DocuSign Inc. (DOCU) June weekly (5) call option implied volatility is at 109, June is at 52; compared to its 52-week range of 28 to 108.

Fastly (FSLY) June weekly (5) call option implied volatility is at 105, June is at 75; compared to its 52-week range of 53 to 128.

Akamai (AKAM) 30-day option implied volatility is at 30; compared to its 52-week range of 20 to 70.

8×8 (EGHT) 30-day option implied volatility is at 77; compared to its 52-week range of 32 to 122.

Limelight Networks (LLNW) 30-day option implied volatility is at 59; compared to its 52-week range of 38 to 152.

Box (BOX) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 107.

Dropbox (DBX) 30-day option implied volatility is at 43; compared to its 52-week range of 31 to 101.

Logitech (LOGI) 30-day option implied volatility is at 37; compared to its 52-week range of 19 to 86.

PayPal (PYPL) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 90.

United States Oil Fund (USO) June weekly (5) call option implied volatility is at 60, June is at 53; compared to its 52-week range of 23 to 250 into OPEC+ sets meeting.

DraftKings (DKNG) 30-day option implied volatility is at 94; compared to its 52-week range of 54 to 142 into casino and resort re-openings. Call put ratio 3.5 calls to 1 put with focus on January 45 calls.

Increasing unusual option volume: BCS XEC MXEF MARK IWN APPS
Increasing unusual call option volume: BCS APPS MITT MARK FLEX
Increasing unusual put option volume: FOXA TAN HRB TIF SRNE
Options with decreasing option implied volatility: COTY AVGO DOCU GOOS SPCE ZNGA CLDR DKS ZM
Active options: AAL AAPL BA BAC F GE WFC HTZ DAL WORK OXY TSLA CCL FB LK MGM UAL