Mid-session IV Report March 24, 2021

Mid-session IV Report March 24, 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: FNKO ENDP COG IBM
Popular stocks with increasing volume: GME F MSFT GE

Facebook, Alphabet & Twitter IV low into House hearing and end of quarter

Facebook (FB) 30- option implied volatility is at 32; compared to its 52-week range of 28 to 66 into Facebook CEO Mark Zuckerberg, Alphabet (GOOGL) CEO Sundar Pichai and Twitter (TWTR) CEO Jack Dorsey will testify remotely at a House hearing on misinformation and disinformation on March 25. Call put ratio 2.7 calls to 1 put.

Alphabet (GOOGL) 30-day option implied volatility is at 25; compared to its 52-week range of 24 to 57 into Google CEO Sundar Pichai will testify remotely at a House hearing on misinformation and disinformation on March 25.

Twitter (TWTR) 30-day option implied volatility is at 46; compared to its 52-week range of 41 to 91 into Twitter CEO Jack Dorsey will testify remotely at a House hearing on misinformation and disinformation on March 25.

Intel (INTC) March weekly call option implied volatility is at 44, April is at 31; compared to its 52-week range of 25 to 87 after a business update. Call put ratio 2 calls to 1 put.

AMAT and KLAC calls active as shares rally on Intel (INTC) Arizona build out

Applied Materials (AMAT) 30-day call option implied volatility is at 42; compared to its 52-week range of 33 to 84. Call put ratio 7.2 calls to 1 put as shares rally 6.5%.

KLA-Tencor (KLAC) 30-day call option implied volatility is at 39; compared to its 52-week range of 34 to 80 as shares rally 4.7%.

IV low amid WTI oil trades below $60

Devon Energy (DVN) 30-day call option implied volatility is at 47; compared to its 52-week range of 54 to 197 as shares rally 5%.

Marathon Oil (MRO) 30-day call option implied volatility is at 62; compared to its 52-week range of 58 to 243. Call put ratio 2.7 calls to 1 put as shares rally 4.4%.

Movers
GameStop (GME) March weekly call option implied volatility is at 308, April is at 255; compared to its 52-week range of 78 to 553. Call put ratio 1 call to 1.1 puts.
LabCorp (LH) 30-day call option implied volatility is at 27; compared to its 52-week range of 24 to 75. Call put ratio 5.4 calls to 1 put as shares rally 6.3%.

IV into quarter results
GrowGeneration (GRWG) March weekly call option implied volatility is at 195, April is at 105; compared to its 52-week range of 73 to 174 into the expected release of quarter results today. Call put ratio 2.5 calls to 1 put.
H.B. Fuller (FUL) April call option implied volatility is at 29, May is at 27; compared to its 52-week range of 27 to 99 into the expected release of quarter results today after the bell.
KB Home (KBH) April call option implied volatility is at 49, May is at 46; compared to its 52-week range of 45 to 145 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put with focus on April 44 calls.
RH (RH) March weekly call option implied volatility is at 133, April is at 62; compared to its 52-week range of 44 to 136 into the expected release of quarter results today after the bell.
Darden Restaurants (DRI) April call option implied volatility is at 44, May is at 37; compared to its 52-week range of 44 to 137 into the expected release of quarter results before the bell on March 25. Call put ratio 2 calls to 1 put.
Riot Blockchain (RIOT) March weekly call option implied volatility is at 164, April is at 139; compared to its 52-week range of 122 to 276 into the expected release of quarter results before the bell on March 26. Call put ratio 2 calls to 1 put.
UP Fintech (TIGR) April call option implied volatility is at 140, May is at 120; 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 4.3 calls to 1 put.
Increasing unusual option volume: APTO FNKO FREQ ESGC TBIO
Increasing unusual call option volume: APTO FNKO ESGC PVH
Increasing unusual put option volume: XLI PVH BZUN UPST
Options with decreasing option implied: INTC GME XNET CAN MARA AMC TLRY
Active options: AAPL TSLA NIO INTC BA AMC GME PLTR VIAC AMD FB F GNUS AAL MSFT GE AMZN BAC SOS GM