Mid-session IV Report May 19, 2021

Mid-session IV Report May 19, 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: RIOT MARA MVIS COIN OSTK LB KSS PANW DVN

Popular stocks with increasing volume: F VIAC TGT FCX SQ RIOT DVN

Crypto themed stocks amid wide price movement of Bitcoin

Marathon Patent Group (MARA) 30-day option implied volatility is at 160; compared to its 52-week range of 120 to 475 into Bitcoin trends lower.

Riot Blockchain (RIOT) 30-day option implied volatility is at 168; compared to its 52-week range of 118 to 276 amid China tightens ban on cryptocurrencies.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 112; compared to its 52-week range of 30 to 154 amid China tightens ban on cryptocurrencies.

Coinbase (COIN) 30-day option implied volatility is at 82; compared to its 52-week range of 58 to 80 amid China tightens ban on cryptocurrencies.

Microvision (MVIS) 30-day option implied volatility is at 159; compared to its 52-week range of 128 to 285 into Bitcoin trades below $35,000.

Option implied volatility into quarter results

L Brands (LB) May call option implied volatility is at 105, June is at 53; compared to its 52-week range of 43 to 129 into the expected release of quarter results today after the bell. Call put ratio 1 call to 3 puts.

Kohls (KSS) May call option implied volatility is at 128, 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. Call put ratio 1 call to 3.3 puts with focus on May 60 puts.

Applied Material (AMAT) May call option implied volatility is at 80, June is at 47; 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 1.6 calls to 1 put.

Canadian Solar (CSIQ) May call option implied volatility is at 120, June is at 65; compared to its 52-week range of 49 to 94 into the expected release of quarter results before the bell on May 20.

Deckers Outdoor (DECK) May call option implied volatility is at 90, June is at 42; compared to its 52-week range of 33 to 65 into the expected release of quarter results after the bell on May 20.

Hormel Foods (HRL) May call option implied volatility is at 51, June is at 24; compared to its 52-week range of 20 to 40 into the expected release of quarter results before the bell on May 20.

Palo Alto Networks (PANW) May call option implied volatility is at 108, June is at 43; compared to its 52-week range of 25 to 52 into the expected release of quarter results after the bell on May 20. Call put ratio 1 call to 6.5 puts with focus on May 315 puts.

Ralph Lauren (RL) May call option implied volatility is at 94, June is at 44; compared to its 52-week range of 35 to 68 into the expected release of quarter results before the bell on May 20.

Ross Stores (ROST) May call option implied volatility is at 72, June is at 35; compared to its 52-week range of 25 to 57 into the expected release of quarter results after the bell on May 20.

Buckle (BKE) May call option implied volatility is at 116, June is at 52; compared to its 52-week range of 46 to 93 into the expected release of quarter results before the bell on May 21.

Deere (DE) May call option implied volatility is at 71, June is at 37; compared to its 52-week range of 24 to 48 into the expected release of quarter results before the bell on May 21.

Foot Locker (FL) May call option implied volatility is at 129, June is at 54; compared to its 52-week range of 36 to 89 into the expected release of quarter results before the bell on May 21.

V.F. Corp (VFC) May call option implied volatility is at 65, June is at 32; compared to its 52-week range of 25 to 67 into the expected release of quarter results before the bell on May 21. Call put ratio 5.5 calls to 1 put.

Option volume and IV movers

Devon (DVN) call put ratio 8.8 calls to 1 put with focus on May 25.50 and June 25 calls as shares sell off 5.8%.

Energy Select Sector SPDR ETF (XLE) May call option implied volatility is at 44, June is at 34; compared to its 52-week range of 28 to 62 as shares sell off 3.4%.

Virgin Galactic Holdings (SPCE) May call option implied volatility is at 115, June is at 95; compared to its 52-week range of 75 to 230 as shares sell off 2.7%.

Increasing unusual option volume: ITB JEF BTU GPS TGT COIN MARA TGT FCX
Increasing unusual call option volume: JEF BTU GPS ITUB KMX TGT
Increasing unusual put option volume: ITB TGT STX FXI NUE
Options with decreasing option implied: FTCH ALTO FUTU SONO TGT LOW TJX
Active options: TSLA AAPL T AMC PLTR RIOT AMZN FB F NIO AMD MARA WFC COIN AAL BAC TGT FCX VIAC SQ