Mid-session IV Report March 22, 2022

Mid-session IV Report March 22, 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: MGI KODK PSTH LICY BRCC

Popular stocks with increasing volume: NKE MSFT NIO F DIS WFC OXY SQ

Option Volume and IV movers

NVIDIA (NVDA) option IV steady at the high end of range into investor day

Nvidia (NVDA) March weekly call option implied volatility is at 73, April is at 51; compared to its 52-week range of 31 to 70. Call put ratio 1.7 calls to 1 put into virtual investor day starts at 1 p.m. ET.
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Alibaba (BABA) March weekly call option implied volatility is at 96, April is at 73; compared to its 52-week range of 24 to 99. Call put ratio 2.7 calls to 1 put as shares rally 12% after expands buyback to $25B from $15B.

Tesla (TSLA) 30-day option implied volatility is at 56; compared to its 52-week range of 36 to 84 amid founder and CEO Elon Musk to cut ribbon on the new Giga Berlin plant in Germany.

Option IV into quarter results

Adobe (ADBE) March weekly call option implied is at 87, April is at 47; compared to its 52-week range of 21 to 53 into the expected release of quarter results today after the bell.

Poshmark (POSH) April call option implied is at 136, June is at 112; compared to its 52-week range of 61 to 137 into the expected release of quarter results today after the bell as shares rally 7.8%.

General Mills (GIS) April call option implied is at 29, June is at 25; compared to its 52-week range of 17 to 34 into the expected release of quarter results before the bell on March 23. Call put ratio 5.4 calls to 1 put.

KB Home (KBH) April call option implied is at 48, June is at 43; compared to its 52-week range of 29 to 59 into the expected release of quarter results after the bell on March 23. Call put ratio 5.2 calls to 1 put.

Phunware (PHUN) March weekly call option implied is at 201, April is at 170; compared to its 52-week range of 87 to 301 into the expected release of quarter results on March 23. Call put ratio 19 calls to 1 put.

Winnebago Industries (WGO) April call option implied is at 62, May is at 51; compared to its 52-week range of 35 to 60 into the expected release of quarter results before the bell on March 23. Call put ratio 2.3 calls to 1 put.

Darden Restaurants (DRI) April call option implied is at 48, May is at 41; compared to its 52-week range of 25 to 54 into the expected release of quarter results on March 24.

Nio (NIO) April call option implied is at 140, June is at 97; compared to its 52-week range of 49 to 133 into the expected release of quarter results on March 24. Call put ratio 2.8 calls to 1 put as shares rally 6%.

Turtle Beach (HEAR) April and May call option implied is at 103; compared to its 52-week range of 49 to 133. Call put ratio 7.9 calls to 1 put with focus on April 22 and 23 calls as shares rally 8.3% after Citron Research Tweet post.

Okta, Inc. (OKTA) 30-day option implied volatility is at 56; compared to its 52-week range of 33 to 74. Call put ratio 1.3 calls to 1 put as shares sell off 4%.

Options with decreasing option implied volatility: CCL UVXY VXX BIG PDD VIXY S
Increasing unusual option volume: MULN EZU CIBR ZIP ZH BCS
Increasing unusual call option volume: MULN CIBR BCS BIG ZH NOG
Increasing unusual put option volume: CAG EWG POSH CROX CAN APD FXI
Active options: AAPL BABA TSLA BAC AMD NVDA NKE MSFT NIO F FB MULN BBIG MARA WFC OXY AMC DIDI BA SQ