Mid-session IV Report May 24, 2021

Mid-session IV Report May 24, 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: PATH TAL IPOD HMST CCX BOD IPOF TAL EDU

Popular stocks with increasing volume: RIOT VIAC RBLX BYND UBER

Option volume, implied volatility and share price movers

Virgin Galactic (SPCE) May weekly call option implied volatility is at 145, June is at 105; compared to its 52-week range of 75 to 230 after a successful test flight. Call put ratio 1.6 calls to 1 put with focus on May weekly 24 and 24.50 calls as shares rally 15%.

AMC Entertainment (AMC) May weekly call option implied volatility is at 160, June is at 148; compared to its 52-week range of 85 to 726. Call put ratio 3.3 calls to 1 put as shares rally 13%.

Roblox (RBLX) May weekly call option implied volatility is at 91, June is at 74; compared to its 52-week range of 58 to 130. Call put ratio 2.7 calls to 1 put as shares rally 7%.

Lions Gate (LGFA) June call option implied volatility is at 51, July is at 46; compared to its 52-week range of 47to 290. Call put ratio 3.8 calls to 1 put as shares near record high.

TAL Education (TAL) 30-day option implied volatility is at 81; compared to its 52-week range of 38 to 72 as shares sell off 11.8%.

New Oriental Education (EDU) 30-day option implied volatility is at 79; compared to its 52-week range of 36 to 69 as shares sell off 11%. Call put ratio 1 call to 2.6 puts with focus on June 10 puts.

GSX Techedu Inc. (GOTU) 30-day option implied volatility is at 133; compared to its 52-week range of 79 to 238 as shares sell off 10.5%. Call put ratio 4.7 calls to 1 put.

Option IV into quarter results

Agilent (A) May weekly call option implied volatility is at 25, June is at 23; compared to its 52-week range of 22 to 40 into the expected release of quarter results after the bell on May 25. Call put ratio 17.5 calls to 1 put with focus on June 125 calls.

AutoZone (AZO) May weekly call option implied volatility is at 48, June is at 27; compared to its 52-week range of 20 to 43 into the expected release of quarter results before the bell on May 25.

Intuit (INTU) May weekly call option implied volatility is at 40, June is at 28; compared to its 52-week range of 24 to 45 into the expected release of quarter results after the bell on May 25. Call put ratio 1 call to 3.5 puts with focus on June weekly (11) 42 puts.

Nordstrom (JWN) May weekly call option implied volatility is at 90, June is at 64; compared to its 52-week range of 48 to 108 into the expected release of quarter results on May 25. Call put ratio 6.5 calls to 1 put with focus on May weekly 41 calls.

Toll Brother (TOL) May weekly call option implied volatility is at 71, June is at 43; compared to its 52-week range of 34 to 74 into the expected release of quarter results after the bell on May 25.

Urban Outfitters (URBN) May weekly call option implied volatility is at 95, June is at 61; compared to its 52-week range of 40 to 89 into the expected release of quarter results after the bell on May 25.

Zscaler (ZS) May weekly call option implied volatility is at 103, June is at 55; compared to its 52-week range of 42 to 98 into the expected release of quarter results after the bell on May 25.

Increasing unusual option volume: SPCE KSU NOV VOD TAL ACIC ORLY BBIG IRBT SIRI
Increasing unusual call option volume: VOD HRB TECS BBIG IRBT NOV SIRI TELL JWN
Increasing unusual put option volume: IVR BLDP EDU BEKE DDD DDOG ATOS CVNA SPCE AKAM
Options with decreasing option implied: CLOV IQ TME FL BNGO
Active options: AAPL F TSLA SPCE AMC T PLTR NVDA FB MSFT NIO UBER VIAC AMD RBLX AMZN TWTR BYND BA RIOT