Mid-session IV Report March 22, 2019​

Mid-session IV Report March 22, 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: AMD NLY CHGG NFLX SKX S TWTR DIS MO AMD PBR SBUX F​

Popular stocks with increasing unusual volume: TWTR PBR ACB AMTD BIIB PZZA​

Option implied volatility has increased.
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Shares of financial stocks have traded lower and IV has increased after Wednesday’s Federal Reserve meeting​

Bank of America (BAC) 30-day option implied volatility is at 29; compared to its 52-week range 15 to 46​
Citi (C) 30-day option implied volatility is at 29; compared to its 52-week range 16 to 55​
Goldman Sachs (GS) 30-day option implied volatility is at 29; compared to its 52-week range 15 to 50​
JPMorgan (JPM) 30-day option implied volatility is at 23; compared to its 52-week range 15 to 41​
Morgan Stanley (MS) 30-day option implied volatility is at 30; compared to its 52-week range 18 to 50​
U.S. Bancorp (USB) 30-day option implied volatility is at 22; compared to its 52-week range 13 to 36. Call put ratio 1 call to 3 puts. ​
Wells Fargo (WFC) 30-day option implied volatility is at 25; compared to its 52-week range 16 to 45​
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Apple (AAPL) option implied volatility increases into March 25 Cupertino event​

Apple (AAPL) March weekly (22) call option implied volatility is at 49, March weekly (29) is at 33, April is at 25; compared to its 52-week range of 16 to 46 into hosting a “special event” live from the Steve Jobs Theater in Cupertino, California on March 25.​
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Netflix (NFLX) March weekly call option implied volatility is at 55, March weekly (29) is at 43, April is at 51; compared to its 52-week range of 26 to 76 into Apple (AAPL) hosting a “special event” live from the Steve Jobs Theater in Cupertino, California on March 25.​
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Spotify (SPOT) March weekly call option implied volatility is at 55, March weekly is at 36, April is at 35; compared to its 52-week range of 31 to 62 into Apple (AAPL) hosting a “special event” live from the Steve Jobs Theater in Cupertino, California on March 25. Call put ratio 2.2 calls to 1 put. ​
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Roku (ROKU) March weekly call option implied volatility is at 76, March weekly is at 64, April is at 58; compared to its 52-week range of 45 to 102 after Comcast (CMCSA) unveiled its new Xfinity Flex offering and ahead of Apple’s new video service expected to be unveiled on March 25th.​
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Twitter (TWTR) March weekly call option implied volatility is at 40, April is at 38; compared to its 52-week range of 32 to 91. Call put ratio 3.69 calls to 1 put with focus on March weekly (22) and March weekly (29) 34 calls as shares rally 3.5%. ​
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Papa John’s International (PZZA) March weekly (22) call option implied volatility is at 39, March weekly is at (29), April is at 35; compared to its 52-week range of 29 to 63 after announcing that NBA Hall of Famer and restaurateur Shaquille O’Neal joining Papa John’s as a member of the Company’s Board of Directors and as an investor in nine Papa John’s restaurants in the Atlanta, Georgia area. Call put ratio 8.5 calls to 1 put with focus on March weekly (29) 45.50 calls.​
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Biogen (BIIB) March weekly (22) call option implied volatility is at 68, March weekly (29) is at 45, April is at 38; compared to its 52-week range of 21 to 45 a day after discontinues Alzheimer’s drug trials. Call put ratio 1.55 calls to 1 put. ​
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Chegg (CHGG) April call option implied volatility is at 42, May is at 49; compared to its 52-week range of 32 to 91. Call put ratio 1 call to 25 puts with focus on April 35 and 40 puts as shares sell off 1% after Citron comments. ​
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Winnebago (WGO) April call option implied volatility 49, May is at 35; compared to its 52-week range of 40 to 75 into the expected release of EPS before the bell on March 25. Call put ratio 2.2 calls to 1 put. ​
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GameStop (GME) March weekly call option implied volatility is at 42, April is at 54; compared to its 52-week range of 35 to 86 after announcing a new CEO George Sherman. Call put ratio 1 call to 2.3 puts with focus on March weekly 10.50 puts. ​
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Celgene (CELG) call put ratio 3.9 calls to 1 put with focus on April 93 calls as Starboard’s Smith says Bristol-Myers (BMY) does not need to do any deal, speaking on CNBC. ​
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Increasing unusual option volume: SRNE DBA ZUO CHGG XLC SCHW PNC BBT NKE​
Increasing unusual call option volume: SRNE TME DBA SNPS ZUO SVMK CELG AMG DBA EW LEN PZZA OCUL NKE SIRI​
Increasing unusual put option volume: SMAR NVS NOK CHGG AMG EWG SMAR BBT FSK DLPH​
Options with decreasing option implied volatility: DERM OSTK QD WSM NKE GIS TLRY DSW CELG​
Active options: AAPL BA NVDA ORCL NVS CVS BABA BIIB PBR CRON CSCO ROKU ATVI COST SBUX RF BRK/B ABB OLED AAL​
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