Mid-session IV Report March 3, 2020

Mid-session IV Report March 3, 2020

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.​
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Options with increasing option implied volatility: NVAX AVDL TECK HTZ GELL AAL ANF PLAY CCL BBBY ZAGG ANF BBBY​
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Popular stocks with increasing unusual volume: AMD GE UBER TGT SPCE​
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Dealers demanding increasing liquidity. Powell to speak at 11am.​

Careful of unprecedent situation. How will market be responding in May of July?
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Financial Select Sector SPDR ETF (XLF) March weekly call option implied volatility is at 37, March is at 32; compared to its 52-week range of 13 to 46. Call put ratio 1 call to 7.9 puts after emergency Fed cut and into Powell at 11am.​
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Ambarella (AMBA) March weekly call option implied volatility is at 144, March is at 83; compared to its 52-week range of 33 to 82 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put​
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Hewlett Packard (HPE) March weekly call option implied volatility is at 76, March is at 51; compared to its 52-week range of 22 to 62 into the expected release of quarter results today after the bell.​
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Nordstrom (JWN) March weekly call option implied volatility is at 141, March is at 78; compared to its 52-week range of 29 to 85 into the expected release of quarter results after the bell on March 3. Call put ratio 1 call to 1.3 puts with focus. ​
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Ross Stores (ROST) March call option implied volatility is at 48, April is at 22; compared to its 52-week range of 17 to 52 into the expected release of quarter results today after the bell.​
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Urban Outfitters (URBN) March weekly call option implied volatility is at 120, March is at 67; compared to its 52-week range of 31 to 74 into the expected release of quarter results today after the bell. March 23 puts are active. ​
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Zoom Video Communications (ZM) March weekly call option implied volatility is at 160, March is at 103; compared to its 52-week range of 36 to 114 for stay at home stock. Quarter results are expected on March 4. ​
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Campbells Soup (CPB) March weekly call option implied volatility is at 73, March is at 38; compared to its 52-week range of 16 to 43 into the expected release of quarter results after the bell on March 4.​
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Dollar Tree (DLTR) March weekly call option implied volatility is at 100, March is at 50; compared to its 52-week range of 20 to 57 into the expected release of quarter results on March 4.​
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Block H&R (HRB) March call option implied volatility is at 49, April is at 36; compared to its 52-week range of 18 to 55 into the expected release of quarter results after the bell on March 5.​
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Ciena (CIEN) March weekly call option implied volatility is at 130, March is at 65; compared to its 52-week range of 24 to 64 into the expected release of quarter results before the bell on March 5.​
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Costco (COST) March weekly call option implied volatility is at 56, March is at 36; compared to its 52-week range of 14 to 47 into the expected release of quarter results on March 5.​
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El Pollo Loco (LOCO) March call option implied volatility is at 81, April is at 50; compared to its 52-week range of 28 to 80 into the expected release of quarter results after the bell on March 5.​
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National Beverage (FIZZ) March call option implied volatility is at 79, April is at 60; compared to its 52-week range of 35 to 85 into the expected release of quarter results on March 5.​
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Slack Technologies (WORK) March weekly call option implied volatility is at 75, March is at 95; compared to its 52-week range of 43 to 97 for stay at home stock. Quarter results are expected on March 12. Call put ratio 11.4 calls to 1 put with focus on March 27 calls. ​
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Gilead Sciences (GILD) March weekly call option implied volatility is at 58, March is at 49; compared to its 52-week range of 19 to 59 amid future testing of remdesivir for treating the Covid-19 coronavirus. Call put ratio 10 calls to 1 put with focus on March weekly 73 calls. ​
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Moderna (MRNA) March call option implied volatility is at 175, April is at 120; compared to its 52-week range of 51 to 155 amid mRNA vaccine for Phase 1 coronavirus study. Call put ratio 6.4 calls to 1 put with focus on March 27.50 and 28 calls.​
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Coronavirus stay at home stocks option implied volatility ​
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Abbott (ABT) March weekly call option implied volatility is at 48, March is at 33; compared to its 52-week range of 15 to 40 amid spread of virus. Call put ratio 3.5 calls to 1 put.​
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CME Group (CME) March weekly call option implied volatility is at 52, March is at 39; compared to its 52-week range of 17 to 50.​
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Options with decreasing option implied volatility: ​KPTI TGTX SPCE
Increasing unusual option volume: GMED OMER ALT FCG LFC PCEC ALT ​
Increasing unusual call option volume: OMER GMED WRK ALT UN​
Increasing unusual put option volume: LVGO HTHT EWA AGIO ABB UN​
Popular stocks with increasing unusual volume: F DIS UBER AAL GILD TGT JD NIO BYND INO​
Active options on March 2: AAPL AMD MSFT BAC FB BABA AMZN F DIS GE UBER AAL NVDA GILD TGT JD NIO INTC BYND INO​
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