Mid-session IV Report June 7, 2021

Mid-session IV Report June 7, 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: BIIB BNGO INO EXPR RMO ATOS BB AMC CLOV EDU WKHS KNDI

Popular stocks with increasing volume: BIIB LLY WKHS TLRY DOCU BYND CLNE AAL

Biogen (BIIB) weekly IV near 300 into FDA approves Biogen’s Aduhelm for Alzheimer’s disease

Biogen (BIIB) June weekly (11) call option implied volatility is at 291, June is at 187; compared to its 52-week range of 28 to 103 into FDA approves Biogen’s Aduhelm for Alzheimer’s disease. Call put ratio 1 call to 1 put.

Apple (AAPL) June weekly (11) call option implied volatility is at 27, June is at 25; compared to its 52-week range of 22 to 62 into Apple Worldwide Developers Conference. Call put ratio 2.4 calls to 1 put.

Snowflake (SNOW) 30-day option implied volatility is at 52; compared to its 52-week range of 45 to 100 into inaugural analyst day on June 10.

Option IV into quarter results

Stitch Fix (SFIX) June weekly (11) call option implied volatility is at 181, June is at 133; compared to its 52-week range of 55 to 128 into the expected release of quarter results today after the bell.

Vail Resorts (MTN) June call option implied volatility is at 38, July is at 29; compared to its 52-week range of 28 to 53 into the expected release of quarter results today after the bell. Call put ratio 1 call to 2.9 puts.

Coupa (COUP) June weekly call option implied volatility is at 99, June is at 71; compared to its 52-week range of 42 to 87 into the expected release of quarter results today after the bell.

Marvell Technology (MRVL) June weekly call option implied volatility is at 65, June is at 49; compared to its 52-week range of 34 to 67 into the expected release of quarter results today after the bell.

Plug Power (PLUG) June weekly call option implied volatility is at 96, June is at 72; compared to its 52-week range of 78 to 157 into the expected release of quarter results on June 8. Call put ratio 2.8 calls to 1 put with focus on June weekly calls.

Increasing unusual option volume: EWW IGT CLOV CLNE EH BBIG SIRI CLNE XM

Increasing unusual call option volume: DOCU CLOV SCCO EVFM BBIG SIRI GRPN TAL

Increasing unusual put option volume: CLOV BB PCG KWEB LB ATOS PCG BBBY

Options with decreasing option implied: CLDR ACAD SPLK LULU NUAN

Active options: AMC AAPL TSLA BB F SNDL CLOV NIO PLTR CCIV NVDA MSFT WKHS NOK DOCU TLRY FUBO BYND TAL BNGO