Mid-session IV Report May 3, 2023

Mid-session IV Report May 3, 2023

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: IEP PACW WAL ZION KEY OZK HBAN

Popular stocks increasing options volume: EL UBER F SBUX WAL PACW INTC NFLX SOFI CVS

Option IV into FOMC as WTI crude trades $70

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 16; compared to its 52-week range of 13 to 31 into FOMC policy meeting.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 20; compared to its 52-week range of 19 to 40 into FOMC policy meeting.

United States Oil Fund (USO) 30-day option implied volatility is at 40; compared to its 52-week range of 30 to 54.

Exxon Mobil (XOM) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 47.
Chevron (CVX) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 43.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 50 as gold trades $2022.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 21.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 30; compared to its 52-week range of 25 to 37. Call put ratio 2.2 calls to 1 put.

Interest rate – bond option IV

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 38; compared to its 52-week range of 31 to 60. Call put ratio 4 calls to 1 put.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 30.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 9; compared to its 52-week range of 8 to 35.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 9; compared to its 52-week range of 9 to 23.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 10; compared to its 52-week range of 9 to 19. Call put ratio 1 call to 5.6 puts.

Option IV into quarter results and FOMC decision

Qualcomm (QCOM) May weekly call option implied volatility is at 99, May is at 47; compared to its 52-week range of 32 to 58 into the expected release of quarter results today after the bell.

Marathon (MRO) May weekly call option implied volatility is at 78, May is at 50; compared to its 52-week range of 37 to 71 into the expected release of quarter results today after the bell.

Etsy (ETSY) May weekly call option implied volatility is at 170, May is at 70; compared to its 52-week range of 50 to 97 into the expected release of quarter results today after the bell.

Zillow (Z) May weekly call option implied volatility is at 139, May is at 64; compared to its 52-week range of 45 to 91 into the expected release of quarter results today after the bell.

Apple (APPL) May weekly call option implied volatility is at 63, May is at 30; compared to its 52-week range of 23 to 45 into the expected release of quarter results after the bell on May 4.

Conoco (COP) May weekly call option implied volatility is at 63, May is at 41; compared to its 52-week range of 30 to 56 into the expected release of quarter results before the bell on May 4.

Shopify (SHOP) May weekly call option implied volatility is at 157, May is at 74; compared to its 52-week range of 53 to 103 into the expected release of quarter results after the bell on May 4.

Monster Beverage (MNST) May call option implied volatility is at 32, June is at 25; compared to its 52-week range of 20 to 70 into the expected release of quarter results on May 4.

Moderna (MRNA) May weekly call option implied volatility is at 98, May is at 54; compared to its 52-week range of 46 to 85 into the expected release of quarter results before the bell on May 4.

Ferrari (RACE) May weekly call option implied volatility is at 70, May is at 33; compared to its 52-week range of 21 to 42 into the expected release of quarter results before the bell on May 4.

Motorola Solutions (MSI) May call option implied volatility is at 36, June is at 25; compared to its 52-week range of 21 to 71 into the expected release of quarter results after the bell on May 4.

AIG (AIG) May weekly call option implied volatility is at 71, May is at 41; compared to its 52-week range of 21 to 51 into the expected release of quarter results after the bell on May 4.

Block (SQ) May weekly call option implied volatility is at 155, May is at 75; compared to its 52-week range of 52 to 109 into the expected release of quarter results after the bell on May 4.

Kellogg (K) May call option implied volatility is at 28, June is at 18; compared to its 52-week range of 16 to 67 into the expected release of quarter results before the bell on May 4.

DoorDash (DASH) May weekly call option implied volatility is at 167, May is at 78; compared to its 52-week range of 55 to 120 into the expected release of quarter results after the bell on May 4.

Datadog (DDOG) May weekly call option implied volatility is at 150, May is at 76; compared to its 52-week range of 53 to 100 into the expected release of quarter results before the bell on May 4.

Live Nations Entertainment (LYV) May call option implied volatility is at 53, June is at 43; compared to its 52-week range of 31 to 82 into the expected release of quarter results after the bell on May 4.

Coinbase (COIN) May weekly call option implied volatility is at 195, May is at 118; compared to its 52-week range of 92 to 174 into the expected release of quarter results after the bell on May 4.

Paramount Global (PARA) May weekly call option implied volatility is at 120, May is at 64; compared to its 52-week range of 43 to 65 into the expected release of quarter results before the bell on May 4.

DraftKings (DKNG) May weekly call option implied volatility is at 171, May is at 82; compared to its 52-week range of 56 to 111 into the expected release of quarter results after the bell on May 4.

Dropbox (DBX) May weekly call option implied volatility is at 112, May is at 53; compared to its 52-week range of 25 to 53 into the expected release of quarter results after the bell on May 4.

Cigna (CI) May weekly call option implied volatility is at 72, May is at 34; compared to its 52-week range of 21 to 36 into the expected release of quarter results before the bell on May 5.

Warner Bros (WBD) May weekly call option implied volatility is at 145, May is at 70; compared to its 52-week range of 48 to 75 into the expected release of quarter results before the bell on May 5.

Dish Network (DISH) May weekly call option implied volatility is at 140, May is at 130; compared to its 52-week range of 48 to 123 into the expected release of quarter results before the bell on May 5.

Options with decreasing option implied volatility: IMGN ISEE SNAP ENVX HELE MSOS TDOC ROKU WOLF META TAL PINS
Increasing unusual option volume: IMGN FAST EL CHGG IEP BCRX
Increasing unusual call volume: FAST IEP BCRX IMGN CHGG
Increasing unusual put volume: CHGG IEP IMGN EL TRIP ISEE MCB PACW VLY SMCI
Active options: AMD TSLA NVDA AMZN AAPL AMC UBER F SBUX CHPT FRCB MSFT WAL PACW INTC AGNC NFLX META SOFI CVS