Mid-session IV Report May 18, 2021

Mid-session IV Report May 18, 2021

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: AMC STX IPOF DISCA HOME EDU

Popular stocks with increasing volume: DISCA AMC PLTR AAL VIAC RIOT ABNB

Option implied volatility and volume movement: AT&T (T) to combine WarnerMedia assets with Discovery (DISCA)

Discovery, Inc (DISCA) May option implied volatility is at 79, June is at 55; compared to its 52-week range of 38 to 116 after AT&T (T) to combine WarnerMedia assets with Discovery. Call put ratio 1.9 calls to 1 put.

AT&T (T) May option implied volatility is at 26, June is at 17; compared to its 52-week range of 15 to 37 after AT&T to combine WarnerMedia assets with Discovery (DISCA). Call put ratio 4.7 calls to 1 put.

Netfilx (NFLX) May option implied volatility is at 30, June is at 27; compared to its 52-week range of 25 to 69.

iQIYI (IQ) May option implied volatility is at 135, June is at 78; compared to its 52-week range of 46 to 139 into expected release of quarter results on May 18.

Viacom (VIAC) May option implied volatility is at 54, June is at 47; compared to its 52-week range of 35 to 105.

Walt Disney (DIS) May option implied volatility is at 30, June is at 26; compared to its 52-week range of 24 to 48.

Comcast (CMCSA) May option implied volatility is at 28, June is at 22; compared to its 52-week range of 20 to 55.

Verizon (VZ) May option implied volatility is at 19, June is at 17; compared to its 52-week range of 14 to 28 after AT&T (T) to combine WarnerMedia assets with Discovery (DISCA).

Option implied volatility into quarter results

Fisker (FSR) May call option implied volatility is at 144, June is at 105; compared to its 52-week range of 72 to 205 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.1 puts.

Plug Power (PLUG) May call option implied volatility is at 120, June is at 92; compared to its 52-week range of 60 to 157 into the expected release of quarter results today after the bell. Call put ratio 2.7 calls to 1 put.

Riot Blockchain (RIOT) May call option implied volatility is at 183, June is at 150; compared to its 52-week range of 118 to 276 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.2 puts.

Tencent Music (TME) May call option implied volatility is at 111, June is at 52; compared to its 52-week range of 36 to 125 into the expected release of quarter results today after the bell. Call put ratio 2.8 calls to 1 put.

Home Depot (HD) May call option implied volatility is at 41, June is at 26; compared to its 52-week range of 19 to 42 into the expected release of quarter results before the bell May 18. Call put ratio 1 call to 1 put.

Macys (M) May call option implied volatility is at 114, June is at 67; compared to its 52-week range of 59 to 171 into the expected release of quarter results on before the bell on May 18. Call put ratio 3.5 calls to 1 put.

Take-Two (TTWO) May call option implied volatility is at 73, June is at 37; compared to its 52-week range of 28 to 51 into the expected release of quarter results on after the bell May 18. Call put ratio 1 call to 1 put.

Walmart (WMT) May call option implied volatility is at 44, June is at 24; compared to its 52-week range of 17 to 42 into the expected release of quarter results on May 18. Call put ratio 2.3 calls to 1 put.

Cisco (CSCO) May call option implied volatility is at 53, June is at 27; compared to its 52-week range of 18 to 47 into the expected release of quarter results after the bell on May 19. Call put ratio 1.5 calls to 1 put.

Target (TGT) May call option implied volatility is at 63, June is at 31; compared to its 52-week range of 21 to 47 into the expected release of quarter results before the bell on May 19. Call put ratio 1 call to 1 put.

Movers

Virgin Galactic Holdings (SPCE) May call option implied volatility is at 123, June is at 96; compared to its 52-week range of 75 to 230. Call put ratio 4.4 calls to 1 put with focus on May 17 and 18 calls.

Harley-Davidson (HOG) May call option implied volatility is at 56, June is at 43; compared to its 52-week range of 37 to 87. Call put ratio 28 calls to 1 put with focus on May 49 calls as shares rally 5.5%.

CEL-SCI Corp (CVM) May call option implied volatility is at 156, June is at 170; compared to its 52-week range of 108 to 343. Call put ratio 1 call to 1.3 puts as shares sell off 12%.

Increasing unusual option volume: IGV EDU LFMD UWMC BTU FTNT HOG DISCK
Increasing unusual call option volume: EDU TCOM HOG BTU UWMC REKR
Increasing unusual put option volume: CRIS SAGE DISCK NOVA WIX SM ATOS SFM
Options with decreasing option implied: INO CRIS FTCH SONO PLTR
Active options: AAPL TSLA AMC T PLTR UWMC AAL AMD AMZN NIO BABA F BAC VIAC DIS SNAP MSFT FB RIOT ABNB