Mid-session IV Report May 20, 2026

Mid-session IV Report May 20, 2026

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: SLS WOLF ABVX COUR TMF TLT CBRS

Popular stocks with increasing option volume: MU INTC NFLX NOW SOFI NOK MSTR PLTR F

Active options: NVDA TSLA MSFT AAPL AMZN GOOGL MU INTC NFLX META NOW SOFI NOK MSTR AMD PLTR IREN GOOG POET F

Tech option IV amid wide price movement

Broadcom (AVGO) 30-day option implied volatility is at 56; compared to its 52-week range of 35 to 66. Call put ratio 1.8 calls to 1 put as share price down 2.4%.

AMD (AMD) 30-day option implied volatility is at 68; compared to its 52-week range of 39 to 74. Call put ratio 1 call to 1 put with a focus on May 22 weekly options as share price down 4.6%.

Micron Technology (MU) 30-day option implied volatility is at 87; compared to its 52-week range of 38 to 100. Call put ratio 1.7 calls to 1 put with a focus on May 29 weekly 700 puts.

Taiwan Semi (TSM) 30-day option implied volatility is at 44; compared to its 52-week range of 30 to 51. Call put ratio 1 call to 1.3 puts with a focus on June 400 puts as share price down 2%.

ASML Holdings (ASML) 30-day option implied volatility is at 48; compared to its 52-week range of 26 to 62. Call put ratio 1.9 calls to 1 put with a focus on 1500 contracts of May 22 weekly 1580 calls.

Intel (INTC) 30-day option implied volatility is at 81; compared to its 52-week range of 38 to 96. Call put ratio 1.3 calls to 1 put with a focus on 5K contracts of September 60 puts as share price down 3.6%.

Sandisk (SNDK) 30-day option implied volatility is at 103; compared to its 52-week range of 44 to 123. Call put ratio 1 call to 1 put as share price down 1%.

CoreWeave (CRWV) 30-day option implied volatility is at 86; compared to its 52-week range of 67 to 154. Call put ratio 1.6 calls to 1 put as share price down 5.6%.

CleanSpark (CLSK) 30-day option implied volatility is at 90; compared to its 52-week range of 64 to 137. Call put ratio 6.8 calls to 1 put with a focus on 3K contracts of May 22 weekly 14 calls.

Bloom Energy Corp. (BE) 30-day option implied volatility is at 106; compared to its 52-week range of 65 to 146. Call put ratio 1 call to 1.2 puts as share price down 3%.

IREN Limited (IREN) 30-day option implied volatility is at 104; compared to its 52-week range of 75 to 141. Call put ratio 3.2 calls to 1 put with a focus on May 22 weekly calls as share price down 5.4%.

T1 Energy (TE) 30-day option implied volatility is at 130; compared to its 52-week range of 20 to 170. Call put ratio 2.1 calls to 1 put as share price down 11.7%.

Interest rate option IV

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 24; compared to its 52-week range of 17 to 36 with a focus on 3300 contracts of June 40 calls as share price up 1.7%.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 13; compared to its 52-week range of 9 to 18. Call put ratio 1 call to 1.1 puts on 458K contracts compared to its 90-day average volume of 458K contracts.

Option IV into quarter results

CAVA Group (CAVA) May 22 weekly call option implied volatility is at 177, June is at 88; compared to its 52-week range of 42 to 83. Call put ratio 1.1 calls to put into the expected release of quarter results today after the bell.

NVIDIA (NVDA) May 22 weekly call option implied volatility is at 83, June is at 46; compared to its 52-week range of 32 to 55. Call put ratio 1.7 calls to 1 put with a focus on a May 22 weekly 220 calls into the expected release of quarter results after the bell on May 20.

Analog Devices (ADI) May 22 weekly call option implied volatility is at 104, June is at 55; compared to its 52-week range of 24 to 50. Call put ratio 1 call to 1 put into the expected release of quarter results before the bell on May 20.

TJX Cos. (TJX) May 22 weekly call option implied volatility is at 69, June is at 32; compared to its 52-week range of 15 to 29. Call put ratio 2.2 calls to 1 put into the expected release of quarter results before the bell on May 20.

Lowe’s Cos. (LOW) May 22 weekly call option implied volatility is at 77, June is at 43; compared to its 52-week range of 20 to 37. Call put ratio 1 call to 1.3 puts into the expected release of quarter results before the bell on May 20.

Target (TGT) May 22 weekly call option implied volatility is at 115, June is at 49; compared to its 52-week range of 29 to 54. Call put ratio 1 call to 1.2 puts into the expected release of quarter results before the bell on May 20.

Walmart (WMT) May 22 weekly call option implied volatility is at 76, June is at 33; compared to its 52-week range of 18 to 37. Call put ratio 1.1 calls to 1 put into the expected release of quarter results before the bell on May 21.

Options with decreasing option implied volatility: DGXX DT DLO QURE WIX KLAR ENVX MESO STNE STUB WRD TRMD CZR NU CSCO EA
Increasing unusual option volume: PURR CAN MXL VTGN CPA HIVE BKKT SFM PPG
Increasing unusual call option volume: PURR MXL VTGN SFM UDOW PPG BKKT ARDX HIVE SWKS SMMT TE JBL
Increasing unusual put option volume: POET NWL KLAR FUTU HIVE TIGR TE JMIA AS