Mid-session IV Report June 5, 2024

Mid-session IV Report June 5, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: MNST NICE AMBC TMUS VOD

Popular stocks with increasing volume: CCL AMC INTC CRWD FCX COIN PFE MNST DELL

Active options: TSLA NVDA AAPL AMD GME PLTR MARA AMZN CCL AMC INTC CRWD FCX COIN PFE MNST DELL META MSFT

Chip stocks option IV into May employment report

Broadcom (AVGO) 30-day option implied volatility is at 40; compared to its 52-week range of 25 to 59 into expected release of quarter results on June 12. Call put ratio 2.9 calls to 1 put as share price up 2.2%.

NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 68 into stock split. Call put ratio 1.6 calls to 1 put as share price up 2.5%.

Lam Research (LRCX) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 45. Call put ratio 2.9 calls to 1 put as share price up 3.3%.

Arm Holdings (ARM) 30-day option implied volatility is at 57; compared to its 52-week range of 35 to 171. Call put ratio 2.2 calls to 1 put as share price up 3.8%.

Intel (INTC) 30-day option implied volatility is at 32; compared to its 52-week range of 28 to 49. Call put ratio 2.8 calls to 1 put as share price up 1.2%.

Applied Materials (AMAT) 30-day option implied volatility is at 31; compared to its 52-week range of 26 to 44. Call put ratio 1.6 calls to 1 put as share price up 4.3%.

Snowflake (SNOW) 30-day option implied volatility is at 39; compared to its 52-week range of 33 to 67. Call put ratio 1.8 calls to 1 put as share price down 5.9%.

Option IV into quarter results and May employment report

Five Below (FIVE) June call option implied volatility is at 71, July is at 52; compared to its 52-week range of 24 to 98 into the expected release of quarter results today after the bell. Call put ratio 2.5 calls to 1 put.

SunPower (SPWR) June weekly call option implied volatility is at 201, June is at 170; compared to its 52-week range of 53 to 354 into the expected release of quarter results today. Call put ratio 4.4 calls to 1 put.

ChargePoint (CHPT) June weekly call option implied volatility is at 290, June is at 140; compared to its 52-week range of 57 to 148 into the expected release of quarter results today after the bell. Call put ratio 8.2 calls to 1 put with focus on June weekly 2 calls.

DocuSign (DOCU) June weekly call option implied volatility is at 155, June is at 68; compared to its 52-week range of 30 to 77 into the expected release of quarter results after the bell on June 6. Call put ratio 1 call to 3.6 puts with focus on June weekly (7) 52 calls.

NIO (NIO) June weekly call option implied volatility is at 180, June is at 100; compared to its 52-week range of 56 to 102 into the expected release of quarter results before the bell on June 6. Call put ratio 4.8 calls to 1 put with focus on June weekly (7) 5.5 and 6 calls.

Ciena (CIEN) June call option implied volatility is at 67, July is at 46; compared to its 52-week range of 20 to 94 into the expected release of quarter results before the bell on June 6. Call put ratio 2.9 calls to 1 put.

Vail Resorts (MTN) June call option implied volatility is at 44, July is at 33; compared to its 52-week range of 18 to 238 into the expected release of quarter results after the bell on June 6.

J.M. Smucker (SJM) June call option implied volatility is at 34, July is at 29; compared to its 52-week range of 13 to 68 into the expected release of quarter results before the bell on June 6.

Movers

GameStop (GME) 30-day option implied volatility is at 243; compared to its 52-week range of 52 to 347. Call put ratio 2.1 calls to 1 put as share price up 11%.

AMC Entertainment (AMC) 30-day option implied volatility is at 163; compared to its 52-week range of 77 to 573. Call put ratio 3.7 calls to 1 put as share price up 3.7%.

Novavax (NVAX) 30-day option implied volatility is at 105; compared to its 52-week range of 69 to 173. Call put ratio 3.9 calls to 1 put as share price up 19%.

Options with decreasing option implied volatility: FL S ASTS GTLB AI DJT PATH GPS ASAN OKTA NTNX DELL ZS PSTG LQDA AEO JWN GES DLTR
Increasing unusual option volume: AVTR SFIX FFIE HPE IGV NANOS BNED BUR LU UNFI CORZ RIOT
Increasing unusual call option volume: HPE LU BUR BBWI USFD CORZ
Increasing unusual put option volume: CORZ AVTR RIOT IGV HPE BX