Mid-session IV Report March 7, 2022

Mid-session IV Report March 7, 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: BBBY SST PSTH BRCC WE SCO UCO DB OXY CPRI STLA

Increasing unusual option volume: AAL OXY XOM SOFI PLTR CLF

Option IV, options volume and share price up amid WTI crude oil above $118

Schlumberger Ltd. (SLB) 30-day option implied volatility is at 66; compared to its 52-week range of 35 to 54 amid WTI Crude oil trades above $118. Call put ratio 13 calls to 1 put as shares rally 9%.

Halliburton (HAL) 30-day option implied volatility is at 64; compared to its 52-week range of 37 to 60 amid WTI Crude oil trades above $118. Call put ratio 5.7 calls to 1 put as shares rally 7.5%.

Baker Hughes Company (BKR) 30-day option implied volatility is at 58; compared to its 52-week range of 35 to 53 amid WTI Crude oil trades above $124. Call put ratio 75 calls to 1 put as shares rally 6.2%.

Fluor Corp. (FLR) 30-day option implied volatility is at 61; compared to its 52-week range of 43 to 90 amid WTI Crude oil trades above $118. Call put ratio 43 calls to 1 put.

United States Oil Fund (USO) 30-day option implied volatility is at 83; compared to its 52-week range of 28 to 76 amid WTI Crude oil trades above $118.

Market Vectors Oil Services Etf (OIH) 30-day option implied volatility is at 57; compared to its 52-week range of 38 to 57. Call put ratio 3.1 calls to 1 put as shares rally 9.5%.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 47; compared to its 52-week range of 25 to 54 amid WTI Crude oil trades above $118.

Cheniere Energy (LNG) 30-day option implied volatility is at 48; compared to its 52-week range of 24 to 45 call. Call put ratio 7 calls to 1 put.

Exxon Mobil (XOM) 30-day option implied volatility is at 44; compared to its 52-week range of 24 to 40 amid WTI Crude oil trades above $118. Call put ratio 4 calls to 1 put as shares rally 2%.

Chevron (CVX) 30-day option implied volatility is at 43; compared to its 52-week range of 21 to 38 amid WTI Crude oil trades above $118.

Devon Energy (DVN) 30-day option implied volatility is at 69; compared to its 52-week range of 43 to 68 amid WTI Crude oil trades above $118.

Hess Corp. (HES) 30-day option implied volatility is at 53; compared to its 52-week range of 34 to 58 amid WTI Crude oil trades above $124. Call put ratio 4.6 calls to 1 put as shares rally 2.8%.

Occidental Petroleum (OXY) 30-day option implied volatility is at 91; compared to its 52-week range of 46 to 82 amid WTI Crude oil trades above $118.

United States Natural Gas (UNG) 30-day option implied volatility is at 58; compared to its 52-week range of 30 to 219 as natural gas prices are near upper end of range.

Defense stocks IV and share price up

Lockheed Martin (LMT) 30-day option implied volatility is at 42; compared to its 52-week range of 16 to 36. Call put ratio 5.2 calls to 1 put as shares rally 4%.

Northrop Grumman (NOC) 30-day option implied volatility is at 43; compared to its 52-week range of 17 to 40. Call put ratio 2.3 calls to 1 put as shares rally 4.3%.

L3Harris Technologies (LHX) 30-day option implied volatility is at 39; compared to its 52-week range of 18 to 33. Call put ratio 12 calls to 1 put as shares rally 3.4%.

Raytheon Technologies (RTX) 30-day option implied volatility is at 38; compared to its 52-week range of 19 to 37. Call put ratio 12 calls to 1 put as shares rally 2.7%.

General Dynamics (GD) 30-day option implied volatility is at 37; compared to its 52-week range of 17 to 29. Call put ratio 8.8 calls to 1 put as shares rally 3%.

Boeing (BA) 30-day option implied volatility is at 54; compared to its 52-week range of 29 to 52. Call put ratio 1.9 calls to 1 put as shares sell off 2%.

Luxury brands option IV as stocks trend lower

Tapestry (TPR) 30-day option implied volatility is at 64; compared to its 52-week range of 35 to 55 as shares sell off 7%.

Capri Holdings Limited (CPRI) 30-day option implied volatility is at 77; compared to its 52-week range of 40 to 67 as shares sell off 10%.

Ralph Lauren (RL) 30-day option implied volatility is at 77; compared to its 52-week range of 31 to 51 as shares sell off 8.8%.

RH (RH) 30-day option implied volatility is at 86; compared to its 52-week range of 33 to 79 as shares sell off 5.9%.

Teucrium Wheat Fund (WEAT) 30-day option implied volatility is at 181; compared to its 52-week range of 23 to 175. Call put ratio 4 calls to 1 put as shares rally 5%.

Teucrium Corn Fund (CORN) 30-day option implied volatility is at 67; compared to its 52-week range of 20 to 56. Call put ratio 26 calls to 1 put.

Teucrium Soybean Fund (SOYB) 30-day option implied volatility is at 34; compared to its 52-week range of 17 to 35. Call put ratio 106 calls to 1 put.

The Mosaic Company (MOS) 30-day option implied volatility is at 72; compared to its 52-week range of 36 to 65. Call put ratio 6.5 calls to 1 put as shares rally 6%.

Intrepid Potash (IPI) 30-day option implied volatility is at 129; compared to its 52-week range of 63 to 100. Call put ratio 4.8 calls to 1 put as shares rally 5.9%.

Ishares Msci Germany Etf (EWG) 30-day option implied volatility is at 51; compared to its 52-week range of 13 to 44. Call put ratio 1 call to 4 puts as shares sell off 2%.

Options with decreasing option implied volatility: ICPT ZM BIGC
Increasing unusual option volume: WEAT MULN CNR TWOU CPER
Increasing unusual call option volume: WEAT MULN CORN PLG
Increasing unusual put option volume: BBBY CLF UBER XOM AAL SOFI RIG
Active options: AAPL TSLA AMD BBBY OXY NIO PLTR CEI BAC NVDA AMC FB CLF UBER XOM AAL F RIG LCID SOFI