Mid-session IV Report May 15, 2020

Mid-session IV Report May 15, 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: APT HPE UVXY PLAY CAR X FDX

Popular options with increasing volume: JD DKNG PINS ZM DBX

Peloton (PTON) May weekly call option implied volatility is at 80, June is at 74; compared to its 52-week range of 58 to 158 amid shares up 6.2%. Call put ratio 1.3 calls to 1 put.

Grubhub (GRUB) May weekly call option implied volatility is at 93, June is at 71; compared to its 52-week range of 38 to 143 after recent reports Uber (UBER) made all-stock offer to acquire. Call put ratio 1 call to 1.13 puts.

Uber (UBER) 30 day option implied volatility is at 65; compared to its 26-week range of 36 to 200 amid shares down 3.3%.

Lyft (LYFT) 30 day option implied volatility is at 77; compared to its 26-week range of 37 to 195. Call put ratio 1 call to 2.4 puts with focus on June 30 puts.

Tech stock calls active

Dropbox (DBX) May weekly call option implied volatility is at 49, June is at 46; compared to its 52-week range of 13 to 113. Call put ratio 49 calls to 1 put with focus on May 22 and 22.50 calls.

Twitter (TWTR) 30-day call option implied volatility is at 53; compared to its 52-week range of 26 to 125. Call put ratio 6 calls to 1 put with focus on May weekly and June calls.

Pinterest (PINS) 30-day call option implied volatility is at 70; compared to its 52-week range of 39 to 154. Call put ratio 9 calls to 1 put with focus on May weekly 22.50 calls.

Snap (SNAP) 30-day call option implied volatility is at 56; compared to its 52-week range of 38 to 126. Call put ratio 3 calls to 1 put with focus on May weekly (22) 17 calls.

Slack (WORK) 30-day call option implied volatility is at 90; compared to its 52-week range of 42 to 149. Call put ratio 5.1 calls to 1 put with focus on May 32 calls.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 45; compared to its 52-week range of 19 to 91 amid growth projections, U.S. – China trade issues, COVID-19 impact on semiconductors & semiconductors capital equipment. Call put ratio 1 call to 4.1 puts.

REIT IV bid on more puts than calls as shares at low end of range

Vanguard Reit Etf (VNQ) 30-day option implied volatility is at 43; compared to its 52-week range of 10 to 89 as share price is down 2%. Call put ratio 1 call to 3.1 puts.

SL Green Realty (SLG) 30-day option implied volatility is at 87; compared to its 52-week range of 16 to 124. Call put ratio 1 call to 49 puts.

Boston Properties (BXP) 30-day option implied volatility is at 59; compared to its 52-week range of 14 to 105. Call put ratio 1 call to 2.5 puts.

Equity Residential (EQR) 30-day option implied volatility is at 51; compared to its 52-week range of 14 to 91.

Vornado Realty Trust (VNO) 30-day option implied volatility is at 69; compared to its 52-week range of 15 to 138 as shares near 10-year low. Call put ratio 1 call to 4 puts.

Kimco Realty (KIM) 30-day option implied volatility is at 78; compared to its 52-week range of 15 to 116. Call put ratio 1 call to 5 puts

Nordic American Tanker (NAT) June call option implied volatility is at 133, July is at 116; compared to its 52-week range of 44 to 184 into the expected release of quarter results after the bell on May 18.

Sorrento Therapeutics (SRNE) call put ratio 13 calls to 1 put with focus on May 5 calls after CEO protes COVID-19 cure to Fox News.

Increasing unusual option volume: AFL SRNE SAVA DKNG MITT RICK QDEL
Increasing unusual call option volume: SAVA AFL IGV DKNG WIX AXL EMB QDEL
Increasing unusual put option volume: AFL SRNE DKNG XPO BNO CODX TGTX NAT
Options with decreasing option implied volatility: AMAT VFC
Active options: AAPL TSLA F AMD JD BAC TWTR BA MSFT DKNG NVDA BABA FB PINS SRNE AFL AMZN WFC GE ZM