Mid-session IV Report May 4, 2023

Mid-session IV Report May 4, 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: CMA FHN KEY HBAN CFG HBAN TFC RF CLS FITB SCHW CRWD

Popular stocks increasing options volume: SHOP BAC UBER C JPM MS BAC WFC CMA PNC GS BK SCHW WFC NIO BABA F

Bank Option IV

JPMorgan (JPM) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 44.

Wells Fargo (WFC) 30-day option implied volatility is at 41; compared to its 52-week range of 22 to 51.

Bank of America (BAC) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 50.

Citigroup (C) 30-day option implied volatility is at 36; compared to its 52-week range of 23 to 51.

Goldman Sachs (GS) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 44.

Morgan Stanley (MS) 30-day option implied volatility is at 33; compared to its 52-week range of 22 to 46.

U.S. Bancorp (USB) 30-day option implied volatility is at 84; compared to its 52-week range of 20 to 62.

PNC Financial (PNC) 30-day option implied volatility is at 50; compared to its 52-week range of 22 to 55.

Charles Schwab (SCHW) 30-day option implied volatility is at 61; compared to its 52-week range of 26 to 104.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 50 as gold trades $2064.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 18; compared to its 52-week range of 13 to 21. Call put ratio 2.8 calls to 1 put as gold trades $2064.

Option IV into quarter results

Apple (APPL) May weekly call option implied volatility is at 96, May is at 36; compared to its 52-week range of 23 to 45 into the expected release of quarter results today after the bell.

DraftKings (DKNG) May weekly call option implied volatility is at 201, May is at 86; compared to its 52-week range of 56 to 111 into the expected release of quarter results today after the bell.

Dropbox (DBX) May weekly call option implied volatility is at 145, May is at 57; compared to its 52-week range of 25 to 53 into the expected release of quarter results today after the bell.

Cigna (CI) May weekly call option implied volatility is at 88, May is at 38; 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 216, May is at 83; 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 180, May is at 136; compared to its 52-week range of 48 to 123 into the expected release of quarter results before the bell on May 5.

Berkshire Hathaway (BRK.A) May weekly call option implied volatility is at 36, May is at 34; compared to its 52-week range of 15 to 31 into the expected release of quarter results after the bell on May 5.

Options with decreasing option implied volatility: ISEE NET SKX UBER GNRC ZI AMZN PINS INTC BIIB SBUX CLX TMUS CL IMGN ARNC
Increasing unusual option volume: BKLN HEAR CG IEP NNOX MGI FHN
Increasing unusual call volume: FHN NNOX HEAR IEP ARNC IMGN
Increasing unusual put volume: BKLN IEP PACW MGI TRIP DB CG DASH
Active options: TSLA AAPL SHOP AMD AMZN NVDA BAC UBER PACW QCOM PARA META AMC MSFT SCHW WFC GOOGL NIO BABA F