Mid-session IV Report March 24, 2022

Mid-session IV Report March 24, 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: KODK IPOD IPOF BRCC LICY IRBT ERIC NLY

Popular stocks with increasing volume: UBER MRNA PDD BAC NKLA XRX

Option IV comes in

Alibaba (BABA) March weekly call option implied volatility is at 106, April is at 72; compared to its 52-week range of 24 to 99. Call put ratio 1.3 calls to 1 put as shares sell off 4%.

Tesla (TSLA) March weekly call option implied volatility is at 76, April is at 61; compared to its 52-week range of 36 to 84. Call put ratio 1.5 calls to 1 put as shares rally 1.2%.

Steel stocks option IV on active call volume as shares rally

U.S. Steel (X) 30-day option implied volatility is at 62; compared to its 52-week range of 49 to 108. Call put ratio 2.2 calls to 1 put as shares rally 4.8%.

Nucor (NUE) 30-day option implied volatility is at 47; compared to its 52-week range of 31 to 58 as shares rally 4.3%.

Cleveland-Cliffs (CLF) 30-day option implied volatility is at 66; compared to its 52-week range of 49 to 113. Call put ratio 3.4 calls to 1 put as shares rally 11%.

Micron Technology (MU) April weekly call option implied volatility is at 78, April is at 60; compared to its 52-week range of 26 to 68 into the expected release of quarter results after the bell on March 29. Call put ratio 1.9 calls to 1 put.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 43; compared to its 52-week range of 20 to 49.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 57; compared to its 52-week range of 28 to 73. Call put ratio 1 call to 2.2 puts with focus on September 65 puts as shares sell off 1.2%.

BlackBerry (BB) 30-day option implied volatility is at 77; compared to its 52-week range of 57 to 289. Call put ratio 10.4 calls to 1 put with focus on March weekly calls into expected release of quarter results on March 31.

Xerox Corp. (XRX) 30-day option implied volatility is at 37; compared to its 52-week range of 28 to 50. Call put ratio 22 calls to 1 put with focus on April 21 and 22 calls as shares rally 2%.

Options with decreasing option implied volatility: DRI SST MTTR CWEB ONON JKS
Increasing unusual option volume: OLLI UGL EWG COOK MULN IO SID
Increasing unusual call option volume: UGL PII NXE LILM MULN PAVM
Increasing unusual put option volume: MOMO EWG H KBH WEBR GNUS
Active options: AAPL TSLA AMC UBER NVDA BABA NIO AMD FB INTC GME BBIG NKLA MRNA TLRY SNDL CLF PDD AMZN BAC