Mid-session IV Report March 18, 2019

Mid-session IV Report March 18, 2019

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: NFLX MU DVA IBM PFF ACB CELG ASHR CZR AA SQ FOXA FDX ​

Popular stocks with increasing unusual volume: GS ACB MU SNAP DIS COTY​
​

Facebook (FB) March weekly call option implied volatility is at 35, April is at 27; compared to its 52-week range of 20 to 53. Call put ratio 1.5 calls to 1 put.​ as shares sell off 2.5%.
​
Apple (AAPL) March weekly call option implied volatility is at 25, April is at 21; compared to its 52-week range of 16 to 45 after announcing the launch of a 10.5-inch iPad Air and a 7.9-inch iPad Mini. The iPhone maker had said it would hold a media event at the Steve Jobs Theater where it was expected to launch next-generation AirPods, and AirPower wireless charging mats. NY Times says Hollywood stars will attend the event to reveal streaming plans. Netflix (NFLX), Amazon (AMZN) and HBO (T) and Disney (DIS) are in the entertainment streaming business. Call put ratio 1.6 calls to 1 put.​
​
Disney (DIS) March weekly call option implied volatility is at 21, April is at 23; compared to its 52-week range of 15 to 34 into Disney Investor Day on April 11. Call put ratio 4.2 calls to 1 put with focus on March weekly 115 calls.​

Amazon (AMZN) call put ratio 1.9 calls to 1 put with focus on March weekly 1750 calls as shares rally 1.9%.
​
Boeing (BA) March weekly call option implied volatility is at 41, April is at 31; compared to its 52-week range of 19 to 46 as shares sell off 2.5% on 737 Max issues. Boeing March weekly 375 calls and March 365 puts active as shares sell of 2.5%.​
​​
​
NVIDIA (NVDA) March weekly call option implied volatility is at 53, April is at 37; compared to its 52-week range of 16 to 45 into a company hosted analyst meeting on March 19. Call put ratio 1.8 calls to 1 put with focus on March weekly 172.50 and 175 calls. ​
​
DSW, Inc. (DSW) April call option implied volatility is at 84, May is at 21; compared to its 52-week range of 27 to 84 into a company hosted analyst meeting on March 19.​
​
​
Tilray, Inc. (TLRY) March weekly call option implied volatility is at 116, May is at 75; compared to its 52-week range of 68 to 314 into the expected release of EPS today after the bell. Call put ratio 2 calls to 1 put. ​
​
Aurora Cannabis (ACB) March weekly call option implied volatility is at 95, April is at 74; compared to its 52-week range of 66 to 133. Call put ratio 4.7 calls to 1 put with focus on March weekly 10, 11 and 12 calls.​
​
Uniti Group (UNIT) April call option implied volatility is at 67, May is at 63; compared to its 52-week range of 26 to 121 into the expected release of EPS. Call put ratio 6.8 calls to 1 put with focus on April and May 10 calls are active.​
​
Duluth Holdings (DLTH) April call option implied volatility is at 58, May is at 38; compared to its 52-week range of 34 to 77 into the expected release of EPS before the bell on March 19. Call put ratio 1 call to 2.4 puts. ​

FedEx (FDX) March weekly call option implied volatility is at 63, April is at 30; compared to its 52-week range of 17 to 41 into the expected release of EPS after the bell on March 19. Call put ratio 1 call to 1.7 puts.​

HD Supply (HDS) April call option implied volatility is at 30, May is at 25; compared to its 52-week range of 21 to 40 into the expected release of EPS before the bell on March 19. Call put ratio 6.8 calls to 1 put with focus on April calls. ​

Steelcase (SCS) April call option implied volatility is at 39, May is at 27; compared to its 52-week range of 26 to 60 into the expected release of EPS after the bell on March 19. Call put ratio 1 call to 7.8 puts with focus on June 15 puts. ​

Michael Companies (MIK) April call option implied volatility is at 58, May is at 47; compared to its 52-week range of 32 to 64 into the expected release of EPS before the bell on March 19. Call put ratio 13 calls to 1 put with focus on May 12.50 calls.​

Micron (MU) March weekly call option implied volatility is at 89, April is at 49; compared to its 52-week range of 34 to 64 into the expected release of EPS after the bell on March 20.​

Dermira (DERM) April call option implied volatility is at 95, May is at 63; compared to its 52-week range of 28 to 261 following this morning’s Phase IIb lebrikizumab data in atopic dermatitis. Call put ratio 2.4 calls to 1 put with focus on June 10 calls as shares rally 113%. ​
​
Synaptics (SYNA) March weekly call option implied volatility is at 46, April is at 39; compared to its 52-week range of 28 to 72 after negatively preannouncing Q3 results and CEO Rich Bergman will be departing immediately. Call put ratio 1 call to 6.6 puts with focus on March weekly 35 puts as shares sell off 19%.​

Increasing unusual option volume: MIK SYNA USAT EVRI WTI FIS STNG COTY DERM EW AKBA NUS WSM HLT OSTK LL​
Increasing unusual call option volume: MIK USAT WTI FIS STNG EVRI WSM MXEA HLT DERM EW COTY​
Increasing unusual put option volume: SYNA MCHI COTY NUS DERM EW RUN LL DVA PTE WSM FIS DOMO​
Options with decreasing option implied volatility: SFIX HEAR TLRD LL OSTK EW LL OSTK MAR EW CELG MDT COTY​
Active options: AAPL FB TSLA COTY BAC ACB NFLX AMZN GE NIO DIS MU NVDA AMD MSFT SQ QCOM SNAP GS​
​
​
​
​