Mid-session IV Report May 18, 2022

Mid-session IV Report May 18, 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: TWTR PANW M KSS DLTR BBY COST DKS WSM

Popular stocks with increasing volume: M TWTR AFRM DKNG FB COST XOM

Retailers option IV increases as shares sell off on WMT & TGT results and outlook

Best Buy (BBY) 30-day option implied volatility is at 68; compared to its 52-week range of 24 to 67 as shares sell off 6.8%. Call put ratio 1 call to 2.1 puts.

Amazon (AMZN) 30-day option implied volatility is at 49; compared to its 52-week range of 19 to 54 as shares sell off 3.8%.

Alibaba (BABA) 30-day option implied volatility is at 74; compared to its 52-week range of 24 to 99 as shares sell off 1%. Call put ratio 3.3 calls to 1 put.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 125; compared to its 52-week range of 58 to 195 as shares sell off 5%.

Dick’s Sporting Goods (DKS) 30-day option implied volatility is at 79; compared to its 52-week range of 32 to 77 as shares sell off 11%. Call put ratio 1.6 calls to 1 put.

Home Depot (HD) 30-day option implied volatility is at 34; compared to its 52-week range of 17 to 46 as shares sell off 2.8%.

Shopify (SHOP) 30-day option implied volatility is at 88; compared to its 52-week range of 35 to 103 as shares sell off 0.9%.

Dollar Tree (DLTR) 30-day option implied volatility is at 62; compared to its 52-week range of 21 to 53 as shares sell off 17%.

Dollar General (DG) 30-day option implied volatility is at 46; compared to its 52-week range of 16 to 40 as shares sell off 13%.

Costco (COST) 30-day option implied volatility is at 43; compared to its 52-week range of 15 to 39 as shares sell off 9%.

Kohl’s (KSS) 30-day option implied volatility is at 105; compared to its 52-week range of 39 to 107 as shares sell off 9%. Call put ratio 1 call to 4.5 puts into the expected release of quarter results on May 19.

Macy’s (M) 30-day option implied volatility is at 87; compared to its 52-week range of 45 to 89 as shares sell off 9%. Call put ratio 1 call to 4.5 puts into the expected release of quarter results on May 26. Call put ratio 1 call to 3.5 puts as shares sell off 6.8%.

Target (TGT) 30-day option implied volatility is at 50; compared to its 52-week range of 16 to 47 as shares sell off 24%. Call put ratio 1 call to 2.4 puts.

Walmart (WMT) 30-day option implied volatility is at 30; compared to its 52-week range of 14 to 31 as shares sell off 4%. Call put ratio 1.4 calls to 1 put.

Block (SQ) 30-day option implied volatility is at 135, June is at 90; compared to its 52-week range of 35 to 109 into a company hosted virtual investor day today. Call put ratio 1.2 calls to 1 put as shares rally 4.6%.

Option movers into quarter results

Cisco (CSCO) May call option implied volatility is at 86, June is at 39; compared to its 52-week range of 16 to 40 into the expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1.4 puts.

Applied Material (AMAT) May call option implied volatility is at 93, June is at 50; compared to its 52-week range of 29 to 59 into the expected release of quarter results after the bell on May 19. Call put ratio 1.5 calls to 1 put.

Palo Alto Networks (PANW) May call option implied volatility is at 140, June is at 61; compared to its 52-week range of 24 to 67 into the expected release of quarter results after the bell on May 19. Call put ratio 1 call to 2 puts.

Options with decreasing option implied volatility: AFRM BMBL RIVN MSTR CPNG TOST BHC U BROS
Increasing unusual option volume: VERU AVYA THCA WEBR DOCS TGT
Increasing unusual call option volume: THCA PRVB EVEX DLO WBA
Increasing unusual put option volume: AVYA WEBR DOCS TGT DLO TJX GOOS KSS
Active options: AAPL TGT TSLA AMD CHPT WMT NVDA NIO WBA M AMC LCID AMZN TWTR AFRM DKNG BBIG FB COST XOM