Mid-session IV Report May 12, 2020

Mid-session IV Report May 12, 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.

Options with increasing option implied volatility: SDC EGHT BABA CSCO

Popular options with increasing volume: SDC PTON ROKU DDOG UBER DKNG TLRY BYND

8X8 (EGHT) May call option implied volatility is at 198, June is at 76; compared to its 52-week range of 32 to 121 into the expected release of quarter results today after the bell. Call put ratio 5.4 calls to 1 put with focus on May 20 and 22.50 calls.

Allegiant (ALGT) May call option implied volatility is at 130, June is at 71; compared to its 52-week range of 20 to 215 into the expected release of quarter results today after the bell. Call put ratio 1 call to 2.2 puts.

Alibaba (BABA) May call option implied volatility is at 44, June is at 40; compared to its 52-week range of 21 to 62 into the expected release of quarter results before the bell on May 13. Call put ratio 2.1 calls to 1 put with focus on May 210 calls.

Cisco (CSCO) May call option implied volatility is at 84, June is at 39; compared to its 52-week range of 17 to 87 into the expected release of quarter results after the bell on May 13. Call put ratio 4.6 calls to 1 put with focus on May 44.50 and 45 calls.

Applied Materials (AMAT) May call option implied volatility is at 87, June is at 50; compared to its 52-week range of 25 to 118 into the expected release of quarter results after the bell on May 14. Call put ratio 5 calls to 1 put with focus on May 55 calls.

SmileDirectClub (SDC) May call option implied volatility is at 276, June is at 135; compared to its 52-week range of 59 to 128 into the expected release of quarter results after the bell on May 13. Call put ratio 2.6 calls to 1 put with focus on May calls.

Sony (SNE) May call option implied volatility is at 75, June is at 33; compared to its 52-week range of 19 to 71 into the expected release of quarter results before the bell on May 12. Call put ratio 3.3 calls to 1 put with focus on May calls.

JD.Com (JD) May call option implied volatility is at 105, June is at 53; compared to its 52-week range of 28 to 81 into the expected release of quarter results before the bell on May 14. Call put ratio 2.5 calls to 1 put with focus on May 48 calls.

V.F. Corp (VFC) May call option implied volatility is at 98, June is at 54; compared to its 52-week range of 18 to 108 into the expected release of quarter results before the bell on May 14. Call put ratio 1.1 calls to 1 put.

Stocks benefiting from stay at home work business

Peloton (PTON) May call option implied volatility is at 100, June is at 75; compared to its 52-week range of 58 to 158. Call put ratio 3.1 calls to 1 put.

Zoom Video Communications (ZM) 30-day option implied volatility is at 84; compared to its 52-week range of 36 to 136 amid stay at home communication.

Cloudflare (NET) 30-day option implied volatility is at 69; compared to its 52-week range of 50 to 118 amid stay at home communication. Call put ratio 13 calls to 1 put with focus on June 40 calls as shares near record high.

RingCentral (RNG) 30-day option implied volatility is at 56; compared to its 52-week range of 31 to 101 amid stay at home communication. Call put ratio 1.2 calls to 1 put as shares near record high.

DocuSign Inc. (DOCU) 30-day option implied volatility is at 60; compared to its 52-week range of 28 to 108 amid stay at home communication. Call put ratio 4.3 calls to 1 put with focus on May calls shares near record high.

Fastly (FSLY) 30-day option implied volatility is at 79; compared to its 52-week range of 53 to 128 amid stay at home communication. Call put ratio 3.7 calls to 1 put with focus on May calls as shares near record high.

Akamai (AKAM) 30-day option implied volatility is at 34; compared to its 52-week range of 20 to 70 amid stay at home communication.

8×8 (EGHT) 30-day option implied volatility is at 83; compared to its 52-week range of 32 to 122 amid stay at home communication. Call put ratio 4.9 calls to 1 put with focus on May calls into the expected release of quarter results today after the bell.

Linelight Networks (LLNW) 30-day option implied volatility is at 78; compared to its 52-week range of 38 to 152 amid stay at home communication.

Box (BOX) 30-day option implied volatility is at 64; compared to its 52-week range of 32 to 107 amid stay at home communication. Call put ratio 673 calls to 1 put with focus on June 17 and 20 calls.

Dropbox (DBX) 30-day option implied volatility is at 44; compared to its 52-week range of 31 to 101 amid stay at home communication. Call put ratio 6.5 calls to 1 put with focus on July 25 calls.

Logitech (LOGI) 30-day option implied volatility is at 35; compared to its 52-week range of 19 to 86 amid stay at home communication. Call put ratio 6 calls to 1 put with focus on May 55 calls.

PayPal (PYPL) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 90 amid stay at home financial transactions.

Increasing unusual option volume: TCO LOGI UPWK DDOG EGHT ARCT DKNG
Increasing unusual call option volume: LOGI DDOG PAGS SMAR EGHT UPWK
Increasing unusual put option volume: FOXA IVR CNP DDOG NVAX SDC MDY TCO
Options with decreasing option implied volatility: STNG CLR DHT APT EURN OMI SUN CLVS UA LYFT
Active options: AAPL TSLA AMD SDC BAC MSFT CSCO PTON ROKU BA DDOG NVDA DIS UBER FB BABA DKNG TLRY BYND JPM