Mid-session IV Report March 29, 2023

Mid-session IV Report March 29, 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: AUPH DB SPOT DPZ CMG UPS BKLN WEAT

Popular stocks with increasing volume: MU LULU SHOP INTC COIN AMC DAL BAC FRC SQ MARA

Semi’s into end of month and quarter

NVIDIA (NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 45 to 82 as shares rally 1.5%.

Advanced Micro Devices (AMD) 30-day option implied volatility is at 47; compared to its 52-week range of 44 to 73.

Qualcomm (QCOM) 30-day option implied volatility is at 33; compared to its 52-week range of 32 to 58 as shares rally 2.8%.

Intel (INTC) 30-day option implied volatility is at 44; compared to its 52-week range of 27 to 59. Call put ratio 2.9 calls to 1 put as shares rally 4%.

Micron Technology (MU) 30-day option implied volatility is at 39; compared to its 52-week range of 35 to 62 as shares rally 5.7% after quarter results and outlook.

Movers into end of month and quarter

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 31; compared to its 52-week range of 29 to 49 as shares rally 2.2%.

Tesla (TSLA) 30-day option implied volatility is at 64; compared to its 52-week range of 49 to 96. Call put ratio 1.8 calls to 1 put into reporting its 1Q delivery units number.

United States Oil Fund (USO) 30-day option implied volatility is at 39; compared to its 52-week range of 32 to 60 as shares rally 1%. Call put ratio 1.5 calls to 1 put as WTI Crude oil trades above $74.

On Holding AG (ONON) 30-day option implied volatility is at 54; compared to its 52-week range of 47 to 129. Call put ratio 5 calls to 1 put as shares rally 2.7%.

Starbucks (SBUX) 30-day option implied volatility is at 24; compared to its 52-week range of 22 to 44. Call put ratio 1.2 calls to 1 put.

Option implied volatility for Entertainment and Gaming into end of month and quarter

Caesars Entertainment (CZR) 30-day option implied volatility is at 51; compared to its 52-week range of 47 to 85 as shares rally 2.1%.

MGM Resorts (MGM) 30-day option implied volatility is at 37; compared to its 52-week range of 31 to 62 as shares rally 2%.

Las Vegas Sands (LVS) 30-day option implied volatility is at 38; compared to its 52-week range of 31 to 70.

Wynn Resorts (WYNN) 30-day option implied volatility is at 34; compared to its 52-week range of 33 to 74 as shares rally 2.3%.

Melco Resorts (MLCO) 30-day option implied volatility is at 53; compared to its 52-week range of 53 to 136.

Boyd Gaming (BYD) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 102.

Penn National Gaming (PENN) 30-day option implied volatility is at 46; compared to its 52-week range of 40 to 80. Call put ratio 15 calls to 1 put as shares rally 1.7%.

DraftKings (DKNG) 30-day option implied volatility is at 58; compared to its 52-week range of 56 to 111 as shares rally 3.8%.

Option IV into quarter results

RH (RH) March weekly call option implied volatility is at 140, April is at 62; compared to its 52-week range of 41 to 84 into the expected release of quarter results today after the bell.

Black Berry (BB) March weekly call option implied volatility is at 170, April is at 89; compared to its 52-week range of 52 to 89 into the expected release of quarter results after the bell on March 30. Call put ratio 7.9 calls to 1 put.

WeWork (WE) 30-day option implied volatility is at 158; compared to its 52-week range of 59 to 223 as shares trade 70 cents.

Options with decreasing option implied volatility: VKTX ETNB CCL CHWY LULU REGN BNTX WBA ACN GIS
Increasing unusual option volume: FRC VOYA DPST LULU NANOS DBI CBRE ERIC PTLO PAYX
Increasing unusual call volume: LULU DPST DBI PLAY PAYX PTLO SVIX
Increasing unusual put option volume: YOYA NANOS LULU
Active options: TSLA AMZN AAPL NVDA MU LULU SHOP AMD BABA MSFT INTC COIN AMC DAL BAC FRC SQ META GOOGL MARA