Mid-session IV Report March 23, 2023

Mid-session IV Report March 23, 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: COIN SQ VKTX ALDX ZIM EURN

Popular stocks with increasing volume: SQ COIN SNAP GME MRVL BAC FRC CS

Payment Companies option IV as Block (SQ) sell off amid short report

Block (SQ) 30-day option implied volatility is at 77; compared to its 52-week range of 52 to 109 after release of Hindenburg Research short report. Call put ratio 1 call to 1.4 puts as shares sell off 20%.

PayPal (PYPL) 30-day option implied volatility is at 43; compared to its 52-week range of 36 to 84 as shares sell off 1.7%.

American Express (AXP) 30-day option implied volatility is at 31; compared to its 52-week range of 24 to 46.

MasterCard (MA) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 44.

Visa (V) 30-day option implied volatility is at 24; compared to its 52-week range of 19 to 43.

SoFi Technologies (SOFI) 30-day option implied volatility is at 61; compared to its 52-week range of 52 to 122. Call put ratio 4.5 calls to 1 put as shares rally 3%.

Upstart Holdings (UPST) 30-day option implied volatility is at 96; compared to its 52-week range of 86 to 166 as shares rally 2%.

Affirm Holdings (AFRM) 30-day option implied volatility is at 117; compared to its 52-week range of 91 to 214 as shares rally 3%.

Option IV for Social Media Stocks amid TikTok headlines

Snap (SNAP) 30-day option implied volatility is at 85; compared to its 52-week range of 57 to 128 as shares rally 8%.

Meta (META) 30-day option implied volatility is at 42; compared to its 52-week range of 39 to 79 as shares rally 2.4%.

Pinterest (PINS) 30-day option implied volatility is at 49; compared to its 52-week range of 46 to 107. Call put ratio 4.6 calls to 1 put as shares rally 3.2%.

Yelp (YELP) 30-day option implied volatility is at 31; compared to its 52-week range of 28 to 102.

Alphabet (GOOG) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 49. Call put ratio 1.8 calls to 1 put as shares rally 2.5%.

Coinbase (COIN) 30-day option implied volatility is at 115; compared to its 52-week range of 62 to 174 after receiving Wells Notice from SEC. Call put ratio 1 call to 1.6 puts as shares sell off 14%.

Netflix (NFLX) 30-day option implied volatility is at 56; compared to its 52-week range of 37 to 86. Call put ratio 1.2 calls to 1 put as shares rally 8.4%.

Carvana Co. (CVNA) 30-day option implied volatility is at 160; compared to its 52-week range of 77 to 267. Call put ratio 1.9 calls to 1 put as shares rally 9.2%.

First Republic Bank (FRC) 30-day option implied volatility is at 360; compared to its 52-week range of 24 to 404. Call put ratio 1 call to 1.4 puts as shares rally 6.5%.

Options with decreasing option implied volatility: NYCB GEO AUPH EVGO ARRY BCS VTNR ABR VET CRK STWD FL NWL ONON
Increasing unusual option volume: HLT ERIC BOXD KC CMA ONON DBRG FRC DRN VT HST ONON
Increasing unusual call volume: HLT NGD PLBY DRI KC NU UNIT UBS SQ ONON DPST
Increasing unusual put option volume: EPR ONON CNK SNY HBAN BCS VMW HZNP CFG MTTR CS DRI
Active options: TSLA NVDA SQ COIN AAPL NFLX AMD AMZN BABA SNAP NU GME MSFT GOOGL MRVL BAC FRC META CS GOOG