Mid-session IV Report May 2, 2023

Mid-session IV Report May 2, 2023

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: PACW KRE WAL VLY BK OZK ZION FHN MCB IMGN PACW CHGG DUOL KO

Popular stocks increasing options volume: UBER SOFI COIN PFE BABA BP PACW JD CVNA BAC

Option IV into FOMC meeting as WTI crude trades $73

JPMorgan (JPM) 30-day option implied volatility is at 23; compared to its 52-week range of 20 to 44.

Wells Fargo (WFC) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 51.

Bank of America (BAC) 30-day option implied volatility is at 31; compared to its 52-week range of 22 to 50.

Citigroup (C) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 51.

Goldman Sachs (GS) 30-day option implied volatility is at 25; compared to its 52-week range of 22 to 44.

Morgan Stanley (MS) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 46.

U.S. Bancorp (USB) 30-day option implied volatility is at 47; compared to its 52-week range of 20 to 62.

PNC Financial (PNC) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 55.

Charles Schwab (SCHW) 30-day option implied volatility is at 43; compared to its 52-week range of 26 to 104.

Capital One Financial (COF) 30-day option implied volatility is at 39; compared to its 52-week range of 30 to 54.

KeyCorp (KEY) 30-day option implied volatility is at 63; compared to its 52-week range of 24 to 187.

Truist (TFC) 30-day option implied volatility is at 55; compared to its 52-week range of 23 to 114.

M&T Bank Corp. (MTB) 30-day option implied volatility is at 45; compared to its 52-week range of 22 to 79.

Comerica (CMA) 30-day option implied volatility is at 79; compared to its 52-week range of 26 to 163.

Northern Trust (NTRS) 30-day option implied volatility is at 35; compared to its 52-week range 22 to 50.

Zions Bancorp (ZION) 30-day option implied volatility is at 102; compared to its 52-week range of 27 to 155.

Bank OZK (OZK) 30-day option implied volatility is at 81; compared to its 52-week range of 24 to 106.

State Street (STT) 30-day option implied volatility is at 34; compared to its 52-week range of 26 to 91.

Regions Financial (RF) 30-day option implied volatility is at 51; compared to its 52-week range of 24 to 122.

Citizens Financial Group (CFG) 30-day option implied volatility is at 58; compared to its 52-week range of 23 to 90.

East-West Bancorp (EWBC) 30-day option implied volatility is at 55; compared to its 52-week range of 23 to 147.

Huntington Bancshares (HBAN) 30-day option implied volatility is at 58; compared to its 52-week range of 20 to 106.

Metropolitan Bank Holding Corp (MCB) 30-day option implied volatility is at 215; compared to its 52-week range of 34 to 248.

Fifth Third Bancorp (FITB) 30-day option implied volatility is at 50; compared to its 52-week range of 24 to 108.

BankUnited (BKU) 30-day option implied volatility is at 57; compared to its 52-week range of 27 to 211.

Bank of New York (BK) 30-day option implied volatility is at 28; compared to its 52-week range of 20 to 95.

Western Alliance Bancorporation (WAL) 30-day option implied volatility is at 144; compared to its 52-week range of 50 to 398.

Pacwest Bancorp (PACW) 30-day option implied volatility is at 148; compared to its 52-week range of 28 to 334.

Valley National Bancorp (VLY) 30-day option implied volatility is at 118; compared to its 52-week range of 22 to 113.

Pacific Premier Bancorp (PPBI) 30-day option implied volatility is at 49; compared to its 52-week range of 26 to 85.

Washington Federal (WAFD) 30-day option implied volatility is at 47; compared to its 52-week range of 17 to 81.

Trustmark Corp (TRMK) 30-day option implied volatility is at 41; compared to its 52-week range of 17 to 91.

Axos Financial (AX) 30-day option implied volatility is at 47; compared to its 52-week range of 30 to 97.

ServisFirst Bancshares (SFBS) 30-day option implied volatility is at 38; compared to its 52-week range of 21 to 65.

Sandy Spring Bancorp (SASR) 30-day option implied volatility is at 42; compared to its 52-week range of 23 to 55.

Provident Financial Services (PFS) 30-day option implied volatility is at 39; compared to its 52-week range of 20 to 46.

Dime Community Bancshares (DCOM) 30-day option implied volatility is at 57; compared to its 52-week range of 22 to 76.

First Foundation (FFWM) 30-day option implied volatility is at 89; compared to its 52-week range of 21 to 124.

Oceanfirst Financial (OCFC) 30-day option implied volatility is at 41; compared to its 52-week range of 18 to 55.

BlackRock (BLK) 30-day option implied volatility is at 26; compared to its 52-week range of 25 to 47.

Blackstone (BX) 30-day option implied volatility is at 41; compared to its 52-week range of 36 to 60.

Option IV into quarter results and FOMC decision

Advanced Micro Devices (AMD) May weekly call option implied volatility is at 100, May is at 58; compared to its 52-week range of 44 to 71 into the expected release of quarter results after the bell on May 2.

Qualcomm (QCOM) May weekly call option implied volatility is at 87, May is at 47; compared to its 52-week range of 32 to 58 into the expected release of quarter results after the bell on May 3.

Options with decreasing option implied volatility: SNAP ISEE TAL VKTX TDOC HELE ALGN ZI ROKU
Increasing unusual option volume: PACW WAL CYH IEP FE NNOX OWL CX CHGG
Increasing unusual call volume: NNOX CYH CHGG IEP SHLS CX TAP
Increasing unusual put volume: PACW WAL CHGG IEP MCB PCT MW PACW VLY SG
Active options: TSLA AMZN UBER NVDA SOFI META MSFT AAPL AMD COIN ACRE AMC PFE BABA BP PACW JD CVNA BAC MPW