Mid-session IV Report March 23, 2020

Mid-session IV Report March 23, 2020

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: IV moving as market pricing velocity stays elevated amid Washington policy

Popular options with increasing volume: F DIS NIO NFLX

S&P 500 (SPY) 30-day option implied volatility is at 57; compared to its 52-week range of 10 to 77 into Congressional votes. Call put ratio 1 call to 1.5 puts.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 56; compared to its 52-week range 12 to 79. Call put ratio 1 call to 1 put.

Boeing (BA) 30-day option implied volatility is at 190; compared to its 52-week range of 23 to 291. Call put ratio 1.9 calls to 1 put with focus on May 140 and 170 calls.

AT&T (T) 30-day option implied volatility is at 77; compared to its 52-week range of 18 to 81.

United States Oil Fund (USO) 30-day option implied volatility is at 133; compared to its 52-week range of 23 to 168.
Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 100; compared to its 52-week range of 15 to 131.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 125; compared to its 52-week range of 28 to 190, Call put ratio 2.5 calls to 1 put.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 43; compared to its 52-week range of 7 t0 47.

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 84; compared to its 52-week range of 15 to 109. Call put ratio 4 calls to 1 put as shares pull back 4.3%.

Financial Select Sector SPDR ETF (XLF) 30-day option implied volatility is at 81; compared to its 52-week range of13 to 110.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 66; compared to its 52-week range of 29 to 90.

Teladoc (TDOC) 30-day option implied volatility is at 105; compared to its 52-week range of 36 to 109 as shares rally 13%.

Netflix (NFLX) 30-day option implied volatility is at 70; compared to its 52-week range of 27 to 98 as shares rise 7%.

Zoom Video Communications (ZM) 30-day option implied volatility is at 122; compared to its 52-week range of 36 to 113 for stay at home stock. Call put ratio 2.6 calls to 1 put as shares rally 17%.

Advanced Micro Devices (AMD) 30-day option implied volatility is at 86; compared to its 52-week range of 36 to 118.

Inovio (INO) 30-day option implied volatility is at 294; compared to its 52-week range of 61 to 294 amid working on coronavirus testing processes.

Co-Diagnostics (CODX) 30-day option implied volatility is at 373; compared to its 52-week range of 274 to 448 amid working on coronavirus testing processes. Call put ratio 10.5 calls to 1 put with focus on August 7 calls.

Increasing unusual option volume: PFGC INVA ALLT CVET MTSI ADMA CS EUO OILU
Increasing unusual call option volume: PFGC CVET INVA ADMA EUO HLT AGI AMRX
Increasing unusual put option volume: INVA ALLT GREK TAL HIMX VNO INST DK
Options with decreasing option implied volatility: FAZ SPXU UPRO APT SOXL
Active options: AAPL BAC TSLA MSFT AMD F DIS BA ZM UBER GE T NVDA BABA MU NFLX FB ROKU SNAP AMZN