Mid-session IV Report March 10, 2020

Mid-session IV Report March 10, 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.​
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Options with increasing option implied volatility: CLR GEL OXY DCP SEAS ORCL HTZ RCL CCL NCLH SIX YPF RIG XOP​
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Popular stocks with increasing unusual volume: XOM UBER AAL NIO F CCL MCK ​RCL NCLH

Trading halted in: OXY RCL NCLH CCL
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United States Oil Fund (USO) March weekly call option implied volatility is at 134, March is at 118, April is at 82; compared to its 52-week range of 20 to 175 amid WTI oil trades up 5.9% to $32.99. Call put ratio 1 calls to 3.9 puts. ​
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Market Vectors Russia ETF Trust (RSX) 30-day option implied volatility is at 61; compared to its 52-week range of 16 to 65 amid WTI finds a bottom at $27. Call put ratio 1 call to 2 puts.​
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Hotels, leisure cruise option implied volatility increases​

Marriott (MAR) March weekly call option implied volatility is at 85, March is at 86; compared to its 52-week range of 16 to 84. Call put ratio 1 calls to 4 puts with focus on April 60 and 100 puts. ​

Hilton (HLT) March call option implied volatility is at 74, April is at 71; compared to its 52-week range of 18 to 88. Call put ratio 1 call to 28 puts with focus on March 90 puts. ​
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Royal Caribbean Cruises (RCL) March weekly call option implied volatility is at 231, March is at 172, April is at 125; compared to its 52-week range of 20 to 146. Call put ratio 1 call to 4.4 puts with focus on April 60 puts. ​
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Carnival Cruise Lines (CCL) March weekly call option implied volatility is at 218, March is at 188, April is at 133; compared to its 52-week range of 18 to 161. Call put ratio 1 call to 3.8 puts with focus on March 18 puts. ​
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Norwegian Cruise Line (NCLH) March call option implied volatility is at 156, April is at 138; compared to its 52-week range of 20 to 175. Call put ratio 1 call to 3.9 puts with focus on March 17.50 puts.​
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Zoom (ZM) March call option implied volatility is at 114, March is at 101, April is at 90; compared to its 52-week range of 36 to 114 amid video communication boom. Call put ratio 2.9 calls to 1 put with focus on March weekly and March 110 calls. ​

Teladoc (TDOC) March call option implied volatility is at 78, April is at 79; compared to its 52-week range of 36 to 86. Call put ratio 14 calls to 1 put amid telehealth themes.​

IV into EPS and outlook​

United Natural Foods (UNFI) March call option implied volatility is at 112, April is at 98; compared to its 52-week range of 48 to 137 into the expected release of quarter results on March 11.​

Adobe (ADBE) March call option implied volatility is at 88, May is at 67, April is at 58; compared to its 52-week range of 18 to 66 into the expected release of quarter results after the bell on March 12.​

Broadcom (AVGO) March weekly call option implied volatility is at 98, March is at 73, April is at 63; compared to its 52-week range of 21 to 73 into the expected release of quarter results after the bell on March 12. Call put ratio 1 call to 2.7 puts. ​

Dollar General (DG) March weekly call option implied volatility is at 85, March is at 61, April is at 47; compared to its 52-week range of 15 to 55 into the expected release of quarter results before the bell on March 12. Call put ratio 4.8 calls to 1 put with focus on March 167.50 calls. ​

Oracle (ORCL) March weekly call option implied volatility is at 75, March is at 61, April is at 59; compared to its 52-week range of 15 to 58 into the expected release of quarter results after the bell on March 12.​

Slack Technologies (WORK) March weekly call option implied volatility is at 196, March is at 145, April is at 110; compared to its 52-week range of 43 to 123 into the expected release of quarter results after the bell on March 12.​

Gap Stores (GPS) March weekly call option implied volatility is at 46, March is at 63, April is at 55; compared to its 52-week range of 28 to 92 into the expected release of quarter results after the bell on March 12.​

Jabil (JBL) March weekly call option implied volatility is at 80, March is at 77, April is at 67; compared to its 52-week range of 21 to 77 into the expected release of quarter results on March 12.​

Ulta Beauty (ULTA) March weekly call option implied volatility is at 155, March is at 99, April is at 69; compared to its 52-week range of 22 to 80 into the expected release of quarter results after the bell on March 12.​

Larry Summers said 80% chance of recession.​

New Normal: Escaping velocity ​
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Options with decreasing option implied volatility: SFIX OPK APT​
Increasing unusual option volume: CY EWI PRDO SCOR MGM FRC ​
Increasing unusual call option volume: CY MGM VIRT ING ATHX NS LGND RDSB​
Increasing unusual put option volume: CNP SCOR ANF PVG EMB EWI​
Popular stocks with increasing unusual volume: F CCL MCK XOM UBER AAL NIO​
Active options on March 10: AAPL MGM TSLA BAC MSFT AMD F GILD DIS BABA GE CCL AMZN MCK XOM FB UBER BA AAL NIO​