Mid-session IV Report March 26, 2021

Mid-session IV Report March 26, 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: TME GSX TAL INO WORK IQ BIDU PRBP ENDP AMRN VIAC DVN FTCH

Popular stocks with increasing volume: GE F FCX NIO FTCH VIAC

China stocks moving, IV increases

NIO Inc. (NIO) 30-day option implied volatility is at 86; compared to its 52-week range of 69 to 216 as shares sell off 5%.

Tencent Music (TME) 30-day option implied volatility is at 132; compared to its 52-week range of 36 to 81 as shares sell off 7.5%.

Baidu (BIDU) 30-day option implied volatility is at 79; compared to its 52-week range of 32 to 82 as shares sell off 5%.

Vipshop Holdings (VIPS) 30-day option implied volatility is at 89; compared to its 52-week range of 47 to 105.

JD.com (JD) 30-day option implied volatility is at 43; compared to its 52-week range of 37 to 65 as shares rally 4.8%.

Pinduoduo (PDD) 30-day option implied volatility is at 60; compared to its 52-week range of 47 to 85 as shares rally 4.7%.

Alibaba (BABA) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 56 as shares rally 2.4%.

BlackBerry (BB) April weekly option implied volatility is at 126, April is at 100; compared to its 52-week range of 48 to 478 into the expected release of quarter results on March 30. Call put ratio 4.8 calls to 1 put.

Chewy (CHWY) April weekly option implied volatility is at 107, April is at 77; compared to its 52-week range of 55 to 117 into the expected release of quarter results after the bell on March 30. Call put ratio 1 call to 3 puts.

Lululemon (LULU) April weekly option implied volatility is at 67, April is at 43; compared to its 52-week range of 34 to 88 into the expected release of quarter results on after the bell on March 30.

Dave & Busters (PLAY) April weekly option implied volatility is at 105, April is at 92; compared to its 52-week range of 68 to 274 into the expected release of quarter results on March 31. Call put ratio 5.4 calls to 1 put.

Micron (MU) April weekly option implied volatility is at 65, April is at 49; compared to its 52-week range of 38 to 80 into the expected release of quarter results after the bell on March 31. Call put ratio 2.3 calls to 1 put as shares rally 2.8%.

Education stocks option volume elevated as shares sell off

TAL Education (TAL) 30-day option implied volatility is at 57; compared to its 52-week range of 37 to 79. Call put ratio 1 call to 32 puts with focus on April 47.50 and 55 calls as shares sell off 10%.

New Oriental Education (EDU) 30-day option implied volatility is at 69; compared to its 52-week range of 35 to 65. Call put ratio 1 call to 3.4 puts as shares sell off 12%.

GSX Techedu Inc. (GSX) 30-day option implied volatility is at 104; compared to its 52-week range of 79 to 190 as shares sell off 8.5%. Call put ratio 1 call to 1.3 puts.

Movers

Science Applications Int’l (SAIC) 30-day option implied volatility is at 34; compared to its 52-week range of 27 to 70. Call put ratio 1 call to 2.3 puts as shares sell off 14%.

Workhorse Group (WKHS) call put ratio 16 calls to 1 put with focus on March weekly 15 calls as shares trade up 1% to $13.78.

Farfetch Limited (FTCH) 30-day option implied volatility is at 71; compared to its 52-week range of 58 to 125 as shares sell off 12%. Call put ratio 1 call to 14 puts with focus on April puts.

Increasing unusual option volume: EDU MX VIPS ROOT OLN TME WTI UNM
Increasing unusual call option volume: EW ROOT MX TME WTI CYH WKHS
Increasing unusual put option volume: EW WSM VIPS EDU TME YY
Options with decreasing option implied: CLVS XNET TEVA RXT GPRO RH BBBY
Active options: NIO AAPL TSLA AMC BA BAC GME BIDU FB AAL PLTR AMD BABA WFC AMZN GE TME F FCX MSFT