Mid-session IV Report March 20, 2023

Mid-session IV Report March 20, 2023

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: ALT STWD ABR BCS USO SNAP DB NFLX

Popular stocks with increasing volume: BAC FRC BBBY COIN PDD MARA FUBO RIOT GOLD

Option IV, WTI Crude oil trades below $67

United States Oil Fund (USO) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 70 as WTI Crude oil trades $66.50. Call put ratio 2.9 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 41; compared to its 52-week range of 31 to 50 as gold trades above $1974. Call put ratio 3.1 calls to 1 put.

United States Natural Gas (UNG) 30-day option implied volatility is at 87; compared to its 52-week range of 52 to 119 as Natural gas trades down 2%.

Option IV into quarter results

Nike (NKE) March weekly call option implied volatility is at 101, April is at 406; compared to its 52-week range of 30 to 304 into the expected release of quarter results after the bell on March 21.

Canadian Solar (CSIQ) March weekly call option implied volatility is at 123, April is at 70; compared to its 52-week range of 50 to 83 into the expected release of quarter results before the bell on March 21.

Manchester United (MANU) March weekly call option implied volatility is at 200, April is at 93; compared to its 52-week range of 25 to 112 into the expected release of quarter results on March 21. Call put ratio 4.2 calls to 1 put.

Chewy (CHWY) March weekly call option implied volatility is at 133, April is at 74; compared to its 52-week range of 57 to 119 into the expected release of quarter results after the bell on March 22.

Ollie’s Bargain Outlet (OLLI) April call option implied volatility is at 62, May is at 52; compared to its 52-week range of 42 to 109 into the expected release of quarter results before the bell on March 22. Call put ratio 10.2 calls to 1 put.

KB Homes (KBH) April call option implied volatility is at 48, May is at 45; compared to its 52-week range of 34 to 94 into the expected release of quarter results after the bell on March 22. Call put ratio 1 call to 3.5 puts.

Petco Health (WOOF) March weekly call option implied volatility is at 67, April is at 62; compared to its 52-week range of 42 to 115 into the expected release of quarter results before the bell on March 22. Call put ratio 8.2 calls to 1 put.

Winnebago (WGO) April call option implied volatility is at 55, May is at 50; compared to its 52-week range of 38 to 105 into the expected release of quarter results before the bell on March 22. Call put ratio 1 call to 11.8 puts.

Movers

Apollo Global Management (APO) 30-day option implied volatility is at 52; compared to its 52-week range of 32 to 59. Call put ratio 9.5 calls to 1 put.

The Carlyle Group (CG) 30-day option implied volatility is at 46; compared to its 52-week range of 31 to 99. Call put ratio 4.4 calls to 1 put.

Blackstone (BX) 30-day option implied volatility is at 57; compared to its 52-week range of 36 to 60.

KKR & Co. (KKR) 30-day option implied volatility is at 48; compared to its 52-week range of 30 to 56. Call put ratio 21 calls to 1 put with focus on June 60 and 75 calls.

Starwood Property Trust (STWD) 30-day option implied volatility is at 52; compared to its 52-week range of 17 to 79.

Activision Blizzard (ATVI) 30-day option implied volatility is at 26; compared to its 52-week range of 10 to 46, Call put ratio 1 call to 2.5 puts.

Altimmune (ALT) 30-day option implied volatility is at 239; compared to its 52-week range of 59 to 412. Call put ratio 1 call to 10 puts.

Options with decreasing option implied volatility: KEY PCT RF SCHW FITB STNE FIS PATH S AZSM FL WSM
Increasing unusual option volume: FRC CS UBS DPST KEY ERJ NYCB ZION TD SKYT
Increasing unusual call volume: UBS CS DPST KBE KEY TIP VGK NYCB ERJ TD
Increasing unusual put option volume: CS MQ UBS FUBO SLG TFC GPS NYCB VNO BSX SCHW FL
Active options: TSLA CS NVDA AMD AMZN MSFT AAPL BAC LAZR META FRC BBBY COIN PDD MARA GOOGL FUBO RIOT GOLD