Mid-session IV Report May 27, 2021

Mid-session IV Report May 27, 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: AMC GME BBBY IPOD HOME MOXC BBBY F

Popular stocks with increasing volume: PLTR T CLF TLRY BYND

Option volume, IV and share price movers

GameStop (GME) May weekly call option implied volatility is at 250, June is at 170; compared to its 52-week range of 78 to 553. Call put ratio 2.6 calls to 1 put with focus on May weekly 250 and 300 calls as shares rally 2%.

AMC Entertainment (AMC) May weekly call option implied volatility is at 311, June is at 231; compared to its 52-week range of 85 to 275. Call put ratio 2.2 calls to 1 put as shares rally 9.3%.

Bed Bath & Beyond (BBBY) 30-day option implied volatility is at 72; compared to its 52-week range of 56 to 303. Call put ratio 3.8 calls to 1 put.

BlackBerry (BB) 30-day option implied volatility is at 102; compared to its 52-week range of 47 to 478. Call put ratio 7.1 calls to 1 put with focus on May weekly calls.

Express (EXPR) 30-day option implied volatility is at 182; compared to its 52-week range of 101 to 606. Call put ratio 4.8 calls to 1 put with focus on May weekly 4.5 and 5 calls.

DraftKings (DKNG) 30-day option implied volatility is at 54; compared to its 52-week range of 54 to 116. Call put ratio 2.6 calls to 1 put.

General Electric (GE) 30-day option implied volatility is at 31; compared to its 52-week range of 29 to 79. Call put ratio 8.9 calls to 1 put with focus on September 14 calls as shares rally 4.3%.

U.S. Steel (X) 30-day option implied volatility is at 67; compared to its 52-week range of 60 to 108. Call put ratio 4.2 calls to 1 put with focus on June 27 calls as shares rally 7.5%.

Ford (F) May weekly call option implied volatility is at 70, June is at 50; compared to its 52-week range of 37 to 79. Call put ratio 4.2 calls to 1 put with focus on May weekly 14.50 and 15 calls as shares rally 4%.

Option IV into quarter results

Salesforce (CRM) May weekly call option implied volatility is at 100, June is at 35; compared to its 52-week range of 23 to 52 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put with focus on May weekly options.

Costco (COST) May weekly call option implied volatility is at 48, June is at 21; compared to its 52-week range of 17 to 41 into the expected release of quarter results today after the bell.

Dell Technologies (DELL) June call option implied volatility is at 34, July is at 29; compared to its 52-week range of 25 to 59 into the expected release of quarter results today after the bell on May 27. Call put ratio 1.4 calls to 1 put.

Autodesk (ADSK) May weekly call option implied volatility is at 98, June is at 36; compared to its 52-week range of 29 to 53 into the expected release of quarter results today.

Autohome (ATHM) June call option implied volatility is at 41, July is at 32; compared to its 52-week range of 40 to 87 into the expected release of quarter results today. Call put ratio 5 calls to 1 put with focus on June 80 calls.

Box (BOX) June call option implied volatility is at 46, July is at 39; compared to its 52-week range of 34 to 77 into the expected release of quarter results today after the bell.

Gap (GPS) May weekly call option implied volatility is at 163, June is at 728; compared to its 52-week range of 42 to 106 into the expected release of quarter results today.

HP (HPQ) May weekly call option implied volatility is at 120, June is at 48; compared to its 52-week range of 26 to 63 into the expected release of quarter results today after the bell.

Ulta Beauty (ULTA) May weekly call option implied volatility is at 133, June is at 60; compared to its 52-week range of 29 to 64 into the expected release of quarter results today after the bell.

VMware (VMW) May weekly call option implied volatility is at 83, June is at 39; compared to its 52-week range of 24 to 54 into the expected release of quarter results today after the bell.

Biogen (BIIB) May weekly call option implied volatility is at 42, June is at 107; compared to its 52-week range of 28 to 103 into for aducanumab in Alzheimer’s PDUFA date of June 7. Call put ratio 1 call to 1.1 put.

Increasing unusual option volume: DLTR PLAN ELY DKS OKTA BYND VSTO TELL DASH RBLX
Increasing unusual call option volume: DLTR ELY DKS BYND OKTA SPR BBY GHVI TELL
Increasing unusual put option volume: DLTR DKS WDAY
Options with decreasing option implied: DKS JWN CPRI URBN TOL DE DG
Active options: F BA AMC SNDL GE AAPL TSLA NVDA X BAC BYND GM AMD BB TLRY CLF NIO T RIOT PLTR