Mid-session IV Report May 28, 2019

Mid-session IV Report May 28, 2019

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.​
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Options with increasing option implied volatility: TEVA MNK JNJ MYL ACN STZ BBBY ARQL JMIA BABA CRUS MRVL CRM TSLA BX​

Popular stocks with increasing unusual volume: SNAP SQ HAL ROKU NIO TEVA​
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Kraft Heinz (KHC) May weekly call option implied volatility is at 35, June is at 33; compared to its 52-week range of 19 to 45 as shares trade down 4% to $29.78. Call put ratio is 1.8 calls to 1 put with focus on May weekly 30 and 31 calls. ​
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Teva (TEVA) May weekly call option implied volatility is at 79, June is at 56; compared to its 52-week range of 28 to 66 as shares sell off 9% opioid litigation. Call put ratio 1 call to 1.1 put.​
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Mallinckrodt (MNK) May weekly call option implied volatility is at 88, June is at 85; compared to its 52-week range of 42 to 92 as shares sell off 6% on opioid litigation.​
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Johnson & Johnson (JNJ) May weekly call option implied volatility is at 18, June is at 15; compared to its 52-week range of 13 to 34.​
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Roku (ROKU) May weekly call option implied volatility is at 74, June is at 56; compared to its 52-week range of 45 to 102 as shares sell off 6%. Call put ratio 1 call to 1.1 put with focus on May weekly 90 puts.​

Jumia Technologies (JMIA) June call option implied volatility is at 150, July is at 132; compared to its 5-week range of 112 to 169 as shares sell off 8% after a Citron short report. Call put ratio 1.4 calls to 1 put. ​
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NIO Inc. (NIO) May weekly call option implied volatility is at 100, June is at 81; compared to its 52-week range of 60 to 157 into quarterly results. Call put ratio 5.7 calls to 1 put with focus on May weekly calls.
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Workday (WDAY) May weekly call option implied volatility is at 91, June is at 47; compared to its 52-week range of 27 to 60 into the expected release of quarterly results today after the bell. ​

Waste Management (WM) June call option implied volatility is at 16, July is at 15; compared to its 52-week range of 10 to 26 into hosting an investor day on May 30. ​
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Cigna (CI) May weekly call option implied volatility is at 31, June is at 31; compared to its 52-week range of 17 to 41 into hosting an investor day on May 31.​
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Amgen (AMGN) May weekly call option implied volatility is at 34, June is at 27; compared to its 52-week range of 16 to 38 ahead of expected cancer updates at the American Society of Clinical Oncology Association meeting on June 4.​
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Broadcom (AVGO) May weekly call option implied volatility is at 42, June is at 38; compared to its 52-week range of 21 to 48 as shares sell off 2%.​
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Navistar (NAV) May weekly call option implied volatility is at 38, June is at 48; compared to its 52-week range of 32 to 63 into acquisition by Volkswagen remains likely, says Jefferies. Quarterly results are expected on June 4. ​
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Freight haulers option implied volatility ticks up as shares trend lower on moderating demand reports​
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ArcBest (ARCB) June call option implied volatility is at 38, July is at 40; compared to its 52-week range of 36 to 74 into shares trend lower.​
J.B. Hunt (JBHT) June call option implied volatility is at 29, July is at 31; compared to its 52-week range of 20 to 43 into shares trend lower.​
Knight-Swift (KNX) June call option implied volatility is at 44, July is at 42; compared to its 52-week range of 27 to 67 into shares trend lower.​
Old Dominion (ODFL) June call option implied volatility is at 30, July is at 29; compared to its 52-week range of 24 to 48. July 135 puts active.​
Werner (WERN) June call option implied volatility is at 28, July is at 29; compared to its 52-week range of 25 to 60.​
YRC Worldwide (YRCW) June call option implied volatility is at 64, July is at 58; compared to its 52-week range of 41 to 130 ​
UPS (UPS) May weekly call option implied volatility is at 24, June is at 22; compared to its 52-week range of 15 to 41 ​
FedEx (FDX) May weekly call option implied volatility is at 34, June is at 30; compared to its 52-week range of 17 to 42 ​
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Increasing unusual option volume: CBAY PLAN CYTK RTRX RBS TVPT REMX BKE CAL SFLY ASH AMTD​
Increasing unusual call option volume: PLAN KSA CYTK REMX SFLY BMRN RBS CAL GREK ​
Increasing unusual put option volume: YNDX DOCU VHC ERIC RTRX TDG EPI KSU DVAX​
Options with decreasing option implied volatility: ARRY FL SE BMRN JWN BHVN JWN LB AAP ONCE S INDA EPI ​
Active options: GE AMD AAPL TSLA BABA INTC MU ROKU NIO BAC FB AMZN TEVA MSFT SNAP SQ NFLX NVDA QCOM HAL​
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