Mid-session IV Report March 2, 2022

Mid-session IV Report March 2, 2022

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: BBY SNOW COST RSX BRCC SGHC ERIC DB CS BCS SNOW

Increasing unusual option volume: SOFI CRM JWN INTC XOM T PLTR OXY PLUG CVX

Option IV steadies as WTI Crude oil traded up to $112

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 54; compared to its 52-week range of 36 to 55. Call put ratio 12 calls to 1 put as shares rally 1%.

Halliburton (HAL) 30-day option implied volatility is at 54; compared to its 52-week range of 38 to 60 as WTI Crude oil trades above $108. Call put ratio 5 calls to 1 put.

Exxon Mobil (XOM) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 42. Call put ratio 4.1 calls to 1 put as shares rally 2%.

Occidental Petroleum (OXY) 30-day option implied volatility is at 72; compared to its 52-week range of 46 to 74. Call put ratio 2.6 calls to 1 put.

Devon Energy (DVN) 30-day option implied volatility is at 62; compared to its 52-week range of 43 to 68. Call put ratio 4.3 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 60; compared to its 52-week range of 28 to 59 amid WTI Crude oil trades above $108. Call put ratio 2.1 calls to 1 put.

United States Natural Gas (UNG) 30-day option implied volatility is at 58; compared to its 52-week range of 30 to 219 as natural gas is up 2.9%. Call put ratio 3.8 calls to 1 put.

Ishares Msci Germany Etf (EWG) 30-day option implied volatility is at 38; compared to its 52-week range of 13 to 33.

iShares MSCI Brazil (EWZ) 30-day option implied volatility is at 35; compared to its 52-week range of 28 to 52.

Alcoa (AA) 30-day option implied volatility is at 72; compared to its 52-week range of 49 to 74. Call put ratio 2 calls to 1 put.

Nucor (NUE) 30-day option implied volatility is at 55; compared to its 52-week range of 30 to 59 as shares up 2.4%.

Freeport-McMoran (FCX) 30-day option implied volatility is at 55; compared to its 52-week range of 41 to 64.

U.S. Steel (X) 30-day option implied volatility is at 67; compared to its 52-week range of 49 to 108 as shares up 2.8%.

Cleveland-Cliffs (CLF) 30-day option implied volatility is at 66; compared to its 52-week range of 49 to 114 as shares trade up 2%. Call put ratio 1.6 calls to 1 put.

JPMorgan (JPM) 30-day option implied volatility is at 39; compared to its 52-week range of 19 to 41 as shares trade up from lower end of range.

Option IV into quarter results

Snowflake (SNOW) March weekly call option implied volatility is at 208, March is at 107; compared to its 52-week range of 36 to 87 into the expected release of quarter results today after the bell.

Best Buy (BBY) March weekly call option implied volatility is at 193, March is at 86; compared to its 52-week range of 24 to 67 into the expected release of quarter results before the bell on March 3.

Big Lots (BIG) March call option implied volatility is at 100, April is at 76; compared to its 52-week range of 39 to 80 into the expected release of quarter results before the bell on March 3.

Broadcom (AVGO) March weekly call option implied volatility is at 95, March is at 55; compared to its 52-week range of 20 to 46 into the expected release of quarter results after the bell on March 3.

Costco (COST) March weekly call option implied volatility is at 74, March is at 44; compared to its 52-week range of 15 to 36 into the expected release of quarter results on March 3.

Kroger (KR) March weekly call option implied volatility is at 123, March is at 58; compared to its 52-week range of 22 to 49 into the expected release of quarter results before the bell on March 3.

Marvell Technology (MRVL) March weekly call option implied volatility is at 200, March is at 95; compared to its 52-week range of 29 to 79 into the expected release of quarter results after the bell on March 3.

Sweetgreen (SG) March call option implied volatility is at 155, April is at 140; compared to its 52-week range of 71 to 123 into the expected release of quarter results before the bell on March 3.

Options with decreasing option implied volatility: FUBO LMND ETSY SOFI HTZ ZM EBAY NTAP
Increasing unusual option volume: SPGI MULN WEAT GOCO NUAN
Increasing unusual call option volume: SPGI WEAT MULN GOCO FAST
Increasing unusual put option volume: SPGI NUAN POWW BG ERIC TAL
Active options: F SOFI TSLA AMD AAPL AMC NVDA CRM JWN BAC INTC XOM T FB PLTR C WFC OXY PLUG CVX