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: T KSS TGT LB VIPS TJX LOW CSCO AMC LRN

Popular stocks with increasing volume: WMT AAL F UBER M XOM FB NIO HD LRN

Option implied volatility and volume movers

AT&T (T) May option implied volatility is at 33, June is at 23; compared to its 52-week range of 15 to 37 as share sell off 5.5% on dividend reduction uncertainty. Call put ratio 1.3 calls to 1 put.

Option implied volatility into quarter results

Take-Two (TTWO) May call option implied volatility is at 81, June is at 37; compared to its 52-week range of 28 to 51 into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

Cisco (CSCO) May call option implied volatility is at 59, 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 2.2 calls to 1 put.

Target (TGT) May call option implied volatility is at 71, June is at 32; 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 3.1 calls to 1 put.

Analog Devices (ADI) May call option implied volatility is at 45, June is at 31; compared to its 52-week range of 23 to 43 into the expected release of quarter results before the bell on May 19. Call put ratio 1 call to 10.7 puts with focus on January 60 puts.

L Brands (LB) May call option implied volatility is at 100, June is at 51; compared to its 52-week range of 43 to 129 into the expected release of quarter results after the bell on May 19.

Lowes (LOW) May call option implied volatility is at 64, June is at 34; compared to its 52-week range of 22 to 47 into the expected release of quarter results before the bell on May 19.

TJX (TJX) May call option implied volatility is at 60, June is at 32; compared to its 52-week range of 24 to 48 into the expected release of quarter results on May 19. Call put ratio 3 calls to 1 put.

Vipshop Holdings (VIPS) May call option implied volatility is at 124, June is at 65; compared to its 52-week range of 47 to 131 into the expected release of quarter results before the bell on May 19. Call put ratio 1 call to 5.4 puts with focus on May 23 puts.

Kohls (KSS) May call option implied volatility is at 113, June is at 58; compared to its 52-week range of 48 to 108 into the expected release of quarter results before the bell on May 20.

Applied Material (AMAT) May call option implied volatility is at 65, June is at 43; compared to its 52-week range of 33 to 55 into the expected release of quarter results after the bell on May 20. Call put ratio 2.5 calls to 1 put.

Movers

Chipotle Mexican Grill (CMG) call put ratio 1 call to 3.9 puts with focus on May 1300 puts.

Twitter (TWTR) call put ratio 4.5 calls to 1 put with focus on May 55 calls as shares rally 2.5%

Ford Motor (F) May call option implied volatility is at 40, June is at 39; compared to its 52-week range of 37 to 79 into unveiling all-electric ‘F-150 Lightning’. Call put ratio 3.7 calls to 1 put.

Harley-Davidson (HOG) May call option implied volatility is at 51, June is at 41; compared to its 52-week range of 37 to 87. Call put ratio 6 calls to 1 put with focus on May 53 calls.

CEL-SCI Corp (CVM) May call option implied volatility is at 151, June is at 180; compared to its 52-week range of 108 to 343 into data. Call put ratio 1 call to 3.5 puts as shares rally 3%.

Stride Inc. (LRN) call put ratio 69 calls to 1 put with focus on May 31 calls and June 28 calls.

XL Fleet (XL) call put ratio 5.3 calls to 1 put with focus on May 7.5 calls as shares rally 7%

Increasing unusual option volume: VOD EVFM BTU AGEN BTU TPGY GSM FXI JMIA PLUG ROKU
Increasing unusual call option volume: BBIG EVFM PRTY MGNI UPST VOD EWT AGEN BTU GSM LRN XL
Increasing unusual put option volume: WFC ATOS FXI T BTU CMG
Options with decreasing option implied: CRIS HD M WMT FUBO GDRX FTCH
Active options: T TSLA AMC WMT AAPL AAL F BIDU UBER BABA PLTR AMZN M AMD XOM FB NIO SNDL HD UWMC