Mid-session IV Report March 12, 2020​

Mid-session IV Report March 12, 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: IV increases….​
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Popular stocks with increasing unusual volume: CCL IXT SOCE SBAP AAL DIS ​
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Boeing (BA) March weekly call option implied volatility is at 220, March is at 155, April 116; compared to its 52-week range of 22 to 105.​
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Apple (AAPL) March weekly call option implied volatility is at 105, March is at 87, April 69; compared to its 52-week range of 18 to 63.​
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United States Oil Fund (USO) March weekly call option implied volatility is at 158, March is at 121, April is at 98; compared to its 52-week range of 22 to 110 as shares sell off 5.6%. Call put ratio 1 calls to 1.4 puts. ​
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Bank option implied volatility increases as shares sell off​
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Financial Select Sector SPDR ETF (XLF) March weekly call option implied volatility is at , March is at , April ; compared to its 52-week range of .​
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Bank of America (BAC) March weekly call option implied volatility is at 125, March is at 104, April 71; compared to its 52-week range of 13 to 76. Call put ratio 1 call to 77 puts with focus on March weekly (31) 17 and 20 puts. ​
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Goldman Sachs (GS) March weekly call option implied volatility is at 130, March is at 105, April 84; compared to its 52-week range of 17 to 77.​
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JPMorgan (JPM) March weekly call option implied volatility is at 160, March is at 113, April 84; compared to its 52-week range of 15 to 77.​
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Wells Fargo (WFC) March weekly call option implied volatility is at 146, March is at 120, April 87; compared to its 52-week range of 15 to 73. Call put ratio 1 call to 2.6 puts. ​
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Citigroup (C) March weekly call option implied volatility is at 177, March is at 137, April 96; compared to its 52-week range of 17 to 85.​
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Deutsche Bank (DB) 30-day option implied volatility is at 126; compared to its 52-week range of 30 to 109. Call put ratio 1 call to 11.8 puts with focus on April 5 puts.​
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Mallinckrodt (MNK) 30-day option implied volatility is at 171; compared to its 52-week range of 45 to 280 after the company commented that it is currently evaluating the limited published evidence suggesting a potential role for inhaled nitric oxide, or iNO to treat coronavirus. Call puts ratio 1 call to 2.5 puts. ​

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Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 145; compared to its 52-week range of 31 to 121.​
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Las Vegas Sands (LVS) 30-day option implied volatility is at 123; compared to its 52-week range of 23 to 98.​
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MGM Resorts (MGM) 30-day option implied volatility is at 137; compared to its 52-week range of 29 to114.​
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Melco Resorts (MLCO) 30-day option implied volatility is at 119; compared to its 52-week range of 31 to 96.
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​Caesars Entertainment (CZR) 30-day option implied volatility is at 126; compared to its 52-week range of 10 to 80 amid Eldorado Resorts (ERI) close of purchase of CZR. Call put ratio 1 call to 23 puts with focus on April puts.
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Momentum stocks from 2019​
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Virgin Galactic Holdings (SPCE) 30-day option implied volatility is at 174; compared to its 52-week range of 39 to 223. ​
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Beyond Meat (BYND) 30-day option implied volatility is at 104; compared to its 52-week range of 47 to 140. ​
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Tesla (TSLA) 30-day option implied volatility is at 106; compared to its 52-week range of 34 to 116. ​
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Uber (UBER) 30-day option implied volatility is at 131; compared to its 52-week range of 36 to 101. ​
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Lyft (LYFT) 30-day option implied volatility is at 141; compared to its 52-week range of 38 to 123.​
Luckin Coffee Inc. (LK) 30-day option implied volatility is at 115; compared to its 52-week range of 53 to 163. ​
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Peloton (PTON) 30-day option implied volatility is at 108; compared to its 52-week range of 58 to 104. ​
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Qualcomm (QCOM) March weekly call option implied volatility is at 115, March is at 91, April is at 70; compared to its 52-week range of 25 to 70.​
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Options with decreasing option implied volatility: MNK AMRN CY​
Increasing unusual option volume: TWO SYF NRZ EWP IWO SNCR OIL BIL EWI​
Increasing unusual call option volume: TWO SYF NRZ VXZ CERS EDC
Increasing unusual put option volume: CNP CIM EWP EB EWP IWO EWI SNCR CTSH Z PRTY
Popular stocks with increasing unusual volume: TWTR DIS UBER GE XOM AAL​
Active options on March 12: AAPL BAC TSLA MSFT GE AMD DIS BA AAL AMZN F CCL UBER C FB OXY WFC SPCE BABA SNAP​
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