Mid-session IV Report March 23, 2021

Mid-session IV Report March 23, 2021

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: BOX WORK MDLZ CCX GLW NMM GLW ESPR

Popular stocks with increasing volume: PLTR NCLH GME DKNG

IV into quarter results

GameStop (GME) March weekly call option implied volatility is at 40, April is at 275; compared to its 52-week range of 78 to 553 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.3 puts.

Adobe (ADBE) March weekly call option implied volatility is at 55, April is at 34; compared to its 52-week range of 28 to 75 into the expected release of quarter results today after the bell.

At Home Group (HOME) April call option implied volatility is at 85, May is at 81; compared to its 52-week range of 74 to 241 into the expected release of quarter results today after the bell.

Steelcase (SCS) April call option implied volatility is at 54, May s at 45; compared to its 52-week range of 48 to 108 into the expected release of quarter results today after the bell.

General Mills (GIS) April call option implied volatility is at 28, May is at 24; compared to its 52-week range of 20 to 66 into the expected release of quarter results before the bell on March 24.

GrowGeneration (GRWG) March weekly call option implied volatility is at 149, April is at 100; compared to its 52-week range of 73 to 174 into the expected release of quarter results on March 24. Call put ratio 2.9 calls to 1 put.

H.B. Fuller (FUL) March weekly call option implied volatility is at 21, April is at 27; compared to its 52-week range of 27 to 99 into the expected release of quarter results after the bell on March 24.

KB Home (KBH) March weekly call option implied volatility is at 50 , April is at 48; compared to its 52-week range of 45 to 145 into the expected release of quarter results after the bell on March 24. Call put ratio 1.5 calls to 1 put with focus on April calls.

RH (RH) March weekly call option implied volatility is at 127, April is at 65; compared to its 52-week range of 44 to 136 into the expected release of quarter results after the bell on March 24.

Winnebago (WGO) March weekly call option implied volatility is at 56, April is at 51; compared to its 52-week range of 48 to 125 into the expected release of quarter results before the bell on March 24.

Darden Restaurants (DRI) March weekly call option implied volatility is at 44, April is at 36; compared to its 52-week range of 44 to 137 into the expected release of quarter results before the bell on March 25.

Riot Blockchain (RIOT) March weekly call option implied volatility is at 158, April is at 137; compared to its 52-week range of 122 to 276 into the expected release of quarter results before the bell on March 26.

UP Fintech (TIGR) April call option implied volatility is at 140, May is at 126; compared to its 52-week range of 66 to 200 into the expected release of quarter results before the bell on March 26. Call put ratio 1 call to 1 put.

Movers

QuantumScape (QS) 30-day call option implied volatility is at 104; compared to its 52-week range of 76 to 231 after a stock offering. Call put ratio 4.3 calls to 1 put with focus on April calls as shares sell off 10%.

JetBlue Airways (JBLU) 30-day call option implied volatility is at 48; compared to its 52-week range of 49 to 204. Call put ratio 6.8 calls to 1 put with focus on April 20 calls.

Etsy (ETSY) 30-day call option implied volatility is at 57; compared to its 52-week range of 52 to 96. Call put ratio 3.1 calls to 1 put as shares rally 1.8%.

Freeport-McMoran (FCX) 30-day call option implied volatility is at 55; compared to its 52-week range of 45 to 133. Call put ratio 1.7 calls to 1 put as shares sell off 5%.

Foley Trasimene Acquisition Corp. II (BFT) 30-day call option implied volatility is at 92; compared to its 52-week range of 89 to 133. Call put ratio 5.2 calls to 1 put.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day call option implied volatility is at 8; compared to its 52-week range of 6 to 53. Call put ratio 1 call to 3.3 puts.

Genius Brands Int’l (GNUS) 30-day call option implied volatility is at 148; compared to its 52-week range of 112 to 531. Call put ratio 5.8 calls to 1 put as shares rally 8.5%.

Kodak (KODK) 30-day call option implied volatility is at 105; compared to its 52-week range of 97 to 330. Call put ratio 2.7 calls to 1 put.

Morgan Stanley (MS) 30-day call option implied volatility is at 30; compared to its 52-week range of 30 to 114.

Upstart Holdings (UPST) 30-day call option implied volatility is at 172; compared to its 52-week range of 107 to 178. Call put ratio 1 calls to 1.7 puts.

RLX Technology Inc. (RLX) 30-day call option implied volatility is at 175; compared to its 52-week range of 121 to 202. Call put ratio 2.1 calls to 1 put as shares rally 5.8%.

L Brands (LB) 30-day call option implied volatility is at 47; compared to its 52-week range of 48 to 201. Call put ratio 1 call to 2.6 puts.

Tencent Music (TME) 30-day call option implied volatility is at 47; compared to its 52-week range of 36 to 68.

Clover Health Investments (CLOV) 30-day call option implied volatility is at 76; compared to its 52-week range of 11 to 177. Call put ratio 8 calls to 1 put as shares sell off 4.5%.

Vinco Ventures (BBIG) call put ratio 44 calls to 1 put with focus on April calls.
Stocks associated with the NFT craze

Leaf Group Ltd. (LEAF) 30-day option implied volatility is at 126; compared to its 52-week range of 65 to 178. Call put ratio 32 calls to 1 put. As shares rally 7%

Sino-Global Shipping America (SINO) 30-day option implied volatility is at 163; compared to its 52-week range of 177 to 264. Call put ratio 222 calls to 1 put.

Kodak (KODK) 30-day option implied volatility is at 110; compared to its 52-week range of 97 to 330.

Takung Art Co (TKAT), Oriental Culture Holding LTD (OCG), Liquid Media (YVR), ZK International Group (ZKIN)

Increasing unusual option volume: VECO FREQ LEG ADNQ UNP UPST
Increasing unusual call option volume: MGI ADNT UNP BKR ORMP HDB PVH IONS
Increasing unusual put option volume: MP RLX PVH UPST FREQ CNQ STLD FSM LC CHS
Options with decreasing option implied: OCX XNET CAN MARA GEVO
Popular stocks with increasing volume: PLTR NCLH GME DKNG
Active options: AAPL TSLA MSFT FB AMC PLTR NCLH NIO NFLX SNDL AAL RKT BAC AMD QS XOM AMZN F BA DKNG