Mid-session IV Report June 7, 2024

Mid-session IV Report June 7, 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: GME AMC NVAX SMTC HYG MBLY TMUS EDR HCP GRND ODD ABR

Popular stocks with increasing volume: TSM HOOD DOCU CVS COIN ARM PYPL

Active options: GME TSLA NVDA AMC AMD AAPL FFIE AMZN PLTR TSM META HOOD MARA MSFT DOCU CVS COIN ARM PYPL GOOGL

Option IV into events

Apple (AAPL) June weekly (7) call option implied volatility is at 27, June weekly (14) is at 30, June is at 24; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024. Call put ratio 2.1 calls to 1 put.

NVIDIA (NVDA) June weekly (7) call option implied volatility is at 74, June weekly (14) is at 59, June is at 52; compared to its 52-week range of 32 to 68 into stock split.

GameStop (GME) June weekly (7) call option implied volatility is at 700, June weekly (14) is at 452, June is at 385; compared to its 52-week range of 52 to 347. Call put ratio 1.7 calls to 1 put into events.

GameStop (GME) June weekly (7) 34.50 straddle priced for a move of 25% into events.

Tesla (TSLA) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 66.

Walt Disney (DIS) 30-day option implied volatility is at 20; compared to its 52-week range of 18 to 38.

Option IV into quarter results

Oracle (ORCL) June weekly (14) call option implied volatility is at 66, June is at 50; compared to its 52-week range of 19 to 47 into the expected release of quarter results after the bell on June 11.

Movers

PowerSchool Holdings, Inc. (PWSC) 30-day option implied volatility is at 42; compared to its 52-week range of 28 to 71 after acquired by Bain Capital for $22.80 per share in cash.

Options with decreasing option implied volatility: DJT GTLB IOT HPE DLTR LULU CRWD FIVE BBWI DOCU PARA MNST GPS GEO CPB INDA NLY
Increasing unusual option volume: ITB ALIT DOCU TT NANOS FFIE YEXT
Increasing unusual call option volume: MBLY KBH IVR GERN DOCU QRVO SMTC EWH ESTC
Increasing unusual put option volume: DOCU TAN GERN IOT ODD MGA MED NRG GME