Mid-session IV Report May 28, 2024

Mid-session IV Report May 28, 2024

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: CPRI BE FSLR NKE WBA FDX X NLY GIS PLD EMB ACN STWD MU NKE XPOF FDX JBLU CCL WBA HL SGH ABR

Popular stocks with increasing volume: AAL COIN PLTR DKNG NIO SOFI

Active options: NVDA TSLA AAPL AMD GME AMC AMZN AAL META MARA GOOGL COIN PLTR FFIE MSFT DKNG ENPH NIO SOFI HUT

Option IV into quarter results

Salesforce (CRM) May weekly call option implied volatility is at 91, June is at 41; compared to its 52-week range of 20 to 51 into the expected release of quarter results after the bell on May 29.

Agilent Technologies (A) June call option implied volatility is at 31, July is at 27; compared to its 52-week range of 20 to 70 into the expected release of quarter results after the bell on May 29. Call put ratio 3.4 calls to 1 put.

HP (HPQ) May weekly call option implied volatility is at 85, June is at 40; compared to its 52-week range of 19 to 38 into the expected release of quarter results after the bell on May 29.

Pure Storage (PSTG) June call option implied volatility is at 64, July is at 49; compared to its 52-week range of 27 to 105 into the expected release of quarter results after the bell on May 29.

Okta (OKTA) May weekly call option implied volatility is at 160, June is at 67; compared to its 52-week range of 31 to 74 into the expected release of quarter results after the bell on May 29.

Dick’s Sporting Goods (DKS) May weekly call option implied volatility is at 127, June is at 55; compared to its 52-week range of 25 to 53 into the expected release of quarter results before the bell on May 29.

Abercrombie (ANF) May weekly call option implied volatility is at 182, June is at 81; compared to its 52-week range of 33 to 91 into the expected release of quarter results before the bell on May 29.

Chewy (CHWY) May weekly call option implied volatility is at 170, June is at 90; compared to its 52-week range of 38 to 101 into the expected release of quarter results before the bell on May 29.

American Eagle (AEO) May weekly call option implied volatility is at 140, June is at 49; compared to its 52-week range of 32 to 64 into the expected release of quarter results after the bell on May 29. Call put ratio 5.2 calls to 1 put with focus on May weekly (31) 31 calls.

Advanced Auto Parts (AAP) May weekly call option implied volatility is at 167, June is at 73; compared to its 52-week range of 31 to 93 into the expected release of quarter results before the bell on May 29.

Capri Holding (CPRI) May weekly call option implied volatility is at 190, June is at 25; compared to its 52-week range of 8 to 416 into the expected release of quarter results after the bell on May 29. June 35 calls active.

C3.AI (AI) May weekly call option implied volatility is at 190, June is at 92; compared to its 52-week range of 53 to 223 into the expected release of quarter results after the bell on May 29.

Sunpower (SPWR) May weekly call option implied volatility is at 206, June is at 165; compared to its 52-week range of 53 to 342 into the expected release of quarter results on May 29. Call put ratio 9.7 calls to 1 put with focus on May weekly (31) 3.5 calls.

3D Systems (DDD) June call option implied volatility is at 110, July is at 95; compared to its 52-week range of 20 to 70 into the expected release of quarter results on May 29. Call put ratio 4.4 calls to 1 put.

Gaming option IV after sports-betting tax passes Illinois Senate

DraftKings (DKNG) 30-day option implied volatility is at 46; compared to its 52-week range of 37 to 77 after sports-betting tax passes Illinois Senate.

Flutter Entertainment (FLUT) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 81 after sports-betting tax passes Illinois Senate. Call put ratio 3.1 calls to 1 put as share price down 6.6%.

Caesars (CZR) 30-day option implied volatility is at 41; compared to its 52-week range of 36 to 57. Call put ratio 8.6 calls to 1 put with focus on June weekly (7) 35 calls.

Las Vegas Sands (LVS) 30-day option implied volatility is at 27; compared to its 52-week range of 24 to 41.

Wynn Resorts (WYNN) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 42.

MGM Resorts (MGM) 30-day option implied volatility is at 28; compared to its 52-week range of 26 to 47 call put ratio 3.6 calls to 1 put.

Churchill Downs (CHDN) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 63.

Penn Entertainment (PENN) 30-day option implied volatility is at 55; compared to its 52-week range of 37 to 75.

Rush Street Interactive (RSI) 30-day option implied volatility is at 54; compared to its 52-week range of 49 to 104.

Sportradar (SRAD) 30-day option implied volatility is at 30; compared to its 52-week range of 27 to 101.

Boyd Gaming (BYD) 30-day option implied volatility is at 24; compared to its 52-week range of 17 to 73.

Gan Limited (GAN) 30-day option implied volatility is at 28; compared to its 52-week range of 20 to 102.

Churchill Downs (CHDN) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 63.

Genius Sports (GENI) 30-day option implied volatility is at 41; compared to its 52-week range of 32 to 83.

Bally’s Corporation (BALY) 30-day option implied volatility is at 44; compared to its 52-week range of 37 to 108 after sports-betting tax passes Illinois Senate.

HubSpot (HUBS) June call option implied volatility is at 71, July is at 52; compared to its 52-week range of 31 to 78. Call put ratio 2.7 calls to 1 put as share price up 7.3%.

Options with decreasing option implied volatility: HIMS BILI NVDL ZIM ELF SNOW PDD PANW TGT VFC ZM M WDAY NVDA ROST NTES TCOM
Increasing unusual option volume: INSM DBA XPOF FFIE AY SGH CIM USM TDS
Increasing unusual call option volume: UMC FFIE INSM DBA AY SGH OKLO BJ IVR BHVN SPCE SPWR
Increasing unusual put option volume: INDA INSM GPN CCI DLO CORT GME INMD VTRS