Mid-session IV Report March 15, 2021

Mid-session IV Report March 15, 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: AMC WWR M DASH NLY GPRO VIAC C|X SGLB
Popular stocks with increasing volume: NOK DAL UAL BA AAL
AMD option implied volatility increases on more calls than puts into conference call
Advanced Micro Devices, Inc. (AMD) March call option implied volatility is at 51, April is at 44; compared to its 52-week range of 43 to 116 into hosts a conference call in conjunction with the launch of it third-generation EPYC processors. Call put ratio 2.9 calls to 1 put as shares rally 2.4%.
Option implied volatility for Airlines and cruise lines as shares rally

U.S. Global Jets ETF (JETS) 30-day option implied volatility is at 51; compared to its 52-week range of 14 to 204 as shares rally 2.5%.
Spirit Airlines (SAVE) 30-day option implied volatility is at 71; compared to its 52-week range of 31 to 370.
Delta (DAL) 30-day option implied volatility is at 49; compared to its 52-week range of 44 to 265 as shares rally 3.3%.
SkyWest Airlines (SKYW) 30-day option implied volatility is at 57; compared to its 52-week range of 52 to 256.
Southwest Airlines (LUV) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 203.
American Airlines (AAL) 30-day option implied volatility is at 72; compared to its 52-week range of 63 to 293. Call put ratio 6.2 calls to 1 put as shares rally 8%.
United Airlines (UAL) 30-day option implied volatility is at 61; compared to its 52-week range of 53 to 421. Call put ratio 7.2 calls to 1 put as shares rally 6.2%.
Alaska Airlines (ALK) 30-day option implied volatility is at 48; compared to its 52-week range of 45 to 234.
Allegiant Air (ALGT) 30-day option implied volatility is at 52; compared to its 52-week range of 21 to 233.
Hawaiian Holdings (HA) 30-day option implied volatility is at 64; compared to its 52-week range of 62 to 274.
JetBlue Airways (JBLU) 30-day option implied volatility is at 55; compared to its 52-week range of 50 to 221. Call put ratio 3.6 calls to 1 put.
Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 74; compared to its 52-week range of 68 to 267. Call put ratio 8 calls to 1 put as shares rally 4.5%.
Carnival Corp. (CCL) 30-day option implied volatility is at 81; compared to its 52-week range of 64 to 268. Call put ratio 4.2 calls to 1 put as shares rally 4%.
Royal Caribbean Cruises (RCL) 30-day option implied volatility is at 63; compared to its 52-week range of 59 to 271. Call put ratio 4.2 calls to 1 put as shares rally 6%
Coupa (COUP) March call option implied volatility is at 100, April is at 62; compared to its 52-week range of 48 to 123 into the expected release of quarter results after the bell on March 16.
FuelCell Energy (FCEL) March call option implied volatility is at 220, April is at 140; compared to its 52-week range of 98 to 265 into the expected release of quarter results before the bell on March 16.
Jabil (JBL) March call option implied volatility is at 77, April is at 38; compared to its 52-week range of into the expected release of 32 to 126 quarter results before the bell on March 16. Call put ratio 8.2 calls to 1 put.
CrowdStrike (CRWD) March call option implied volatility is at 115, April is at 64; compared to its 52-week range of 50 to 117 into the expected release of quarter results after the bell on March 16.

Renewable energy option IV
First Solar (FSLR) 30-day option implied volatility is at 53; compared to its 52-week range of 42 to 113.
Bloom Energy (BE) 30-day option implied volatility is at 89; compared to its 52-week range of 84 to 237. Call put ratio 9 calls to 1 put.
Enphase Energy (ENPH) 30-day option implied volatility is at 81; compared to its 52-week range of 67 to 158 as shares rally 3.6%.
NextEra (NEE) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 91.

Increasing unusual option volume: DNN FINV STAY RETA EBON LC FTCH SOS FNKO
Increasing unusual call option volume: DNN DJX STAY FTCH LC EBON SOS FNKO CCJ
Increasing unusual put option volume: EBON SOS DNN EPXR CAN LLY
Options with decreasing option implied: VIXY ENDP INO SFIX GNDK STAY
Active options: AAPL AMC AAL TSLA BA PLTR GE SOS SNDL NOK NIO AMD F UAL CCL BAC UBER FB VIAC MSFT