Mid-session IV Report March 6, 2026

Mid-session IV Report March 6, 2026

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: SOLT XRPT UCO USO BOIL JETS C LW UNG LNG LQD DIA QURE WAL FAS BNO CLF
KKR META MDT DA VZ EAC BLK

Popular stocks with increasing option volume: MRVL PLTR NFLX SMCI SOFI MSTR MU AVGO AAL BAC INTC
Active options: NVDA TSLA AAPL MSFT AMZN MRVL PLTR NFLX SMCI IREN META SOFI MSTR MU AMD AVGO AAL BAC GOOGL INTC

Option IV amid WTI Crude above $89

ExxonMobil (XOM) 30-day option implied volatility is at 34; compared to its 52-week range of 18 to 53. Call put ratio 3.5 calls to 1 put.

Chevron (CVX) 30-day option implied volatility is at 30; compared to its 52-week range of 18 to 58. Call put ratio 5.4 calls to 1 put.

SLB (SLB) 30-day option implied volatility is at 41; compared to its 52-week range of 28 to 65. Call put ratio 1.5 calls to 1 put into WTI crude oil up 10%.

Halliburton (HAL) 30-day option implied volatility is at 44; compared to its 52-week range of 30 to 69. Call put ratio 2.2 calls to 1 put.

BP plc (BP) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 57. Call put ratio 2.1 calls to 1 put into WTI crude trades $89.

Occidental Petroleum (OXY) 30-day option implied volatility is at 43; compared to its 52-week range of 25 to 74. Call put ratio 6.9 call to 1 put with a focus on May and June 60 calls amid WTI crude trades $89.

ConocoPhillips (COP) 30-day option implied volatility is at 37; compared to its 52-week range of 24 to 68. Call put ratio 1.6 calls to 1 put.

EOG Resources (EOG) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 58. Call put ratio 3.5 calls to 1 put.

Marathon Petroleum (MPC) 30-day option implied volatility is at 42; compared to its 52-week range of 25 to 69. Call put ratio 1 call to 2 puts.

United States Oil Fund (USO) 30-day option implied volatility is at 104; compared to its 52-week range of 26 to 89. Call put ratio 1.5 calls to 1 put.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 32; compared to its 52-week range of 18 to 55. Call put ratio 1.1 calls to 1 put.

Market Vectors Oil Services ETF (OIH) 30-day option implied volatility is at 44; compared to its 52-week range of 28 to 70. Call put ratio 3 calls to 1 put.

Option IV into quarter results and outlook

Hewlett Packard Enterprise (HPE) March 13 weekly call option implied volatility is at 88, March is at 75; compared to its 52-week range of 29 to 75. Call put ratio 4.8 calls to 1 put with a focus on 3K contracts of March 13 weekly 21 calls into the expected release of quarter results after the bell on March 9.

Oracle (ORCL) March 13 weekly call option implied volatility is at 110, March is at 88; compared to its 52-week range of 29 to 75. Call put ratio 1.4 calls to 1 put into the expected release of quarter results after the bell on March 10.

Adobe Systems (ADBE) March 13 weekly call option implied volatility is at 80, March is at 67; compared to its 52-week range of 23 to 58. Call put ratio 1.6 calls to 1 put into the expected release of quarter results after the bell on March 12.

Movement

NiSource (NI) 30-day option implied volatility is at 18; compared to its 52-week range of 11 to 35. Call put ratio 8.2 calls to 1 put as share price down 1.4%.

Ciena (CIEN) 30-day option implied volatility is at 85; compared to its 52-week range of 34 to 103. Call put ratio 1 calls to 1.1 puts as share price up 5%.

McKesson (MCK) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 44. Call put ratio 4.1 calls to 1 put as share price down 1.6%.

Alaska Air Group (ALK) 30-day option implied volatility is at 67; compared to its 52-week range of 39 to 88. Call put ratio 1.4 calls to 1 put as share price down 2.6%.

Phathom Pharmaceuticals Inc. (PHAT) 30-day option implied volatility is at 134; compared to its 52-week range of 78 to 200.

Ionis Pharmaceuticals (IONS) 30-day option implied volatility is at 60; compared to its 52-week range of 36 to 73 with a focus on March 70 and 75 puts as share price down 1%.

COMPASS Pathways plc (CMPS) 30-day option implied volatility is at 85; compared to its 52-week range of 71 to 287. Call put ratio 5.5 calls to 1 put with a focus on May 8 calls.

Cintas Corp. (CTAS) 30-day option implied volatility is at 32; compared to its 52-week range of 17 to 40. Call put ratio 1.1 calls to 1 put.

UniFirst Corp (UNF) 30-day option implied volatility is at 31; compared to its 52-week range of 25 to 75. Call put ratio 1 call to 3.9 puts.

Options with decreasing option implied volatility: QURE WIX MDB AES ASAN CORZ ANF GTLB OKTA ABR ONON SRAD TGT VEEV BBY ROST
Increasing unusual option volume: AVTR EA DAWN WEAT IE TVTX ZBH FHN ERX BNO
Increasing unusual call option volume: WEAT TVTX WEAT FHN CF RRC PBF BNO XME
Increasing unusual put option volume: EA DAWN UL VISN ACHC EWY LYV USO CFG GAP MRTCH JETS DD BAX