Mid-session IV Report June 8, 2021

Mid-session IV Report June 8, 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: CLOV LOTZ HZON TAL BB CLNE EDU KODK GME CLVS SDC

Popular stocks with increasing volume: RKT F AMC PLTR SPCE SNDL GE PLUG

IV Movers after WSB Reddit mention

Clover Health Investments (CLOV) 30-day option implied volatility is at 286; compared to its 52-week range of 12 to 177 after reports of WSB mention. Call put ratio 4.2 calls to 1 put with focus on June 22 calls as shares rally 60%.

Wendy’s (WEN) 30-day option implied volatility is at 111; compared to its 52-week range of 24 to 67. Call put ratio 5.6 calls to 1 put with focus on July and January calls as shares rally 14% after reports of WSB Reddit mention.

Crypto themed stocks option IV after law enforcement hacked into wallet

Coinbase (COIN) 30-day option implied volatility is at 51; compared to its 52-week range of 51 to 81 as shares sell off 3.4%.

Bit Digital (BTBT) 30-day option implied volatility is at 129; compared to its 52-week range of 122 to 279. Call put ratio 4.8 calls to 1 put.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 119; compared to its 52-week range of 114 to 393 as shares sell off 7.8%

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 83; compared to its 52-week range of 30 to 154 as shares sell off 4.7%.

Riot Blockchain (RIOT) 30-day option implied volatility is at 123; compared to its 52-week range of 118 to 275 as shares sell off 8%.

Overstock.com (OSTK) 30-day option implied volatility is at 76; compared to its 52-week range of 69 to 154.

Movers into events

UPS (UPS) June weekly (11) call option implied volatility is at 42, June is at 29; compared to its 52-week range of 22 to 52 ahead of the company’s analyst day on June 9th.

Snowflake (SNOW) 30-day option implied volatility is at 51; compared to its 52-week range of 45 to 100 into inaugural analyst day on June 10. Call put ratio 4.3 calls to 1 put.

Option IV into quarter results

Plug Power (PLUG) June weekly call option implied volatility is at 111, June is at 95; compared to its 52-week range of 78 to 157 into the expected release of quarter results today after the bell. Call put ratio 3.8 calls to 1 put with focus on June weekly 34 calls.

Campbell Soup (CPB) June weekly call option implied volatility is at 50, June is at 33; compared to its 52-week range of 20 to 55 into the expected release of quarter results before the bell on June 9.

GameStop (GME) June weekly call option implied volatility is at 330, June is at 367; compared to its 52-week range of 78 to 553 into the expected release of quarter results after the bell on June 9. Call put ratio 2.6 calls to 1 put with focus on July 800 calls.

Lovesac (LOVE) June call option implied volatility is at 103, July is at 76; compared to its 52-week range of 71 to 167 into the expected release of quarter results after the bell on June 9. Call put ratio 1 call to 2.2 puts.

RH (RH) June weekly call option implied volatility is at 114, June is at 78; compared to its 52-week range of 40 to 83 into the expected release of quarter results after the bell on June 9.

United Natural Foods (UNFI) June weekly call option implied volatility is at 120, June is at 88; compared to its 52-week range of 61 to 116 into the expected release of quarter results before the bell on June 9. Call put ratio 4.2 calls to 1 put.

Increasing unusual option volume: BIIB VLDR EH CLOV BBIG CLNE COUP SFIX GNRC
Increasing unusual call option volume: CLOV BIIB DGLY WEN LOTZ BBIG CLNE EVFM
Increasing unusual put option volume: WEN BB RUN MRVL CLOV COUP SFIX BIIB HIMX
Options with decreasing option implied: BIIB PSTH SFIX SPLK ZM LULU
Active options: AAPL CLOV AMC TSLA BB F WKHS PLTR NOK AMZN RKT NIO MSFT CCIV GME FB SPCE SNDL BAC AMD