Mid-session IV Report May 5, 2020

Mid-session IV Report May 5, 2020

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: HTZ NCLH NAT EURN PTON ATVI DIS SPCE BYND CHK CLVS BHC GM

Popular options with increasing volume: CCL NCLH LB ET HTZ X

IV into quarter results

Activision Blizzard (ATVI) May weekly call option implied volatility is at 88, May is at 55; compared to its 52-week range of 23 to 88 into the expected release of quarter results today after the bell. Call put ratio 4.6 calls to 1 put.

Walt Disney (DIS) May weekly call option implied volatility is at 85, May is at 55; compared to its 52-week range of 17 to 101 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.2 puts.

Beyond Meat (BYND) May weekly call option implied volatility is at 187, May is at 120; compared to its 52-week range of 47 to 140 into the expected release of quarter results today after the bell. Call put ratio 3.6 calls to 1 put.

Virgin Galactic (SPCE) May weekly call option implied volatility is at 228, May is at 170; compared to its 52-week range of 39 to 247 into the expected release of quarter results today after the bell. Call put ratio 5.4 calls to 1 put.

3D Systems (DDD) May weekly call option implied volatility is at 118, May is at 91; compared to its 52-week range of 31 to 139 into the expected release of quarter results after the bell on May 6. Call put ratio 1 call to 34 puts with focus on May 7.5 puts.

Adtran (ADTN) May call option implied volatility is at 74, June is at 58; compared to its 52-week range of 29 to 139 into the expected release of quarter results after the bell on May 6.

Apache (APA) May weekly call option implied volatility is at 166, May is at 155; compared to its 52-week range of 36 to 244 into the expected release of quarter results after the bell on May 6. Call put ratio 3.4 calls to 1 put with focus on May calls.

Barrick Gold (GOLD) May call option implied volatility is at 69, June is at 55; compared to its 52-week range of 25 to 103 into the expected release of quarter results on May 6.

Chesapeake Energy (CHK) May weekly call option implied volatility is at 315, May is at 295; compared to its 52-week range of 59 to 523 into the expected release of quarter results before the bell on May 6.

Fossil Group (FOSL) call put ratio 12 calls to 1 put into the expected release of quarter results on May 6.

General Motors (GM) May weekly call option implied volatility is at 100, May is at 78; compared to its 52-week range of 21 to 187 into the expected release of quarter results before the bell on May 6.

Hyatt (H) May call option implied volatility is at 73, June is at 60; compared to its 52-week range of 17 to 214 into the expected release of quarter results after the bell on May 6. Call put ratio 1 call to 10.6 puts with focus on May weekly 50 puts.

IAC/InterActive (IAC) May call option implied volatility is at 65, June is at 40; compared to its 52-week range of 23 to 95 into the expected release of quarter results after the bell on May 6. Call put ratio 1 call to 7.5 puts.

KKR (KKR) May weekly call option implied volatility is at 64, May is at 56; compared to its 52-week range of 22 to 122 into the expected release of quarter results before the bell on May 6. Call put ratio 1 call to 18 puts with focus on May weekly 22.50 puts.

Marathon Oil (MRO) May weekly call option implied volatility is at 130, May is at 112; compared to its 52-week range of 30 to 268 into the expected release of quarter results after the bell on May 6. Call put ratio 3 calls to 1 put.

Peloton (PTON) May weekly call option implied volatility is at 201, May is at 127; compared to its 52-week range of 58 to 158 into the expected release of quarter results after the bell on May 6. Call put ratio 2.3 calls to 1 put.

PayPal (PYPL) May weekly call option implied volatility is at 68, May is at 45; compared to its 52-week range of 20 to 90 into the expected release of quarter results after the bell on May 6.

Shopify (SHOP) May weekly call option implied volatility is at 129, May is at 90; compared to its 52-week range of 39 to 124 into the expected release of quarter results before the bell on May 6. Call put ratio 1.2 calls to 1 put.

Spirit Airlines (SAVE) May weekly call option implied volatility is at 143, May is at 122; compared to its 52-week range of 31 to 370 into the expected release of quarter results after the bell on May 6. Call put ratio 1.3 calls to 1 put.

Spirit Aerospace (SPR) May weekly call option implied volatility is at 113, May is at 105; compared to its 52-week range of 23 to 159 into the expected release of quarter results on May 6.

T-Mobile (TMUS) May weekly call option implied volatility is at 55, May is at 43; compared to its 52-week range of 18 to 89 into the expected release of quarter results after the bell on May 6.

Wingstop (WING) May weekly call option implied volatility is at 87, May is at 59; compared to its 52-week range of 30 to 157 into the expected release of quarter results before the bell on May 6. Call put ratio 1 call to 1.9 puts.

Zynga (ZNGA) May weekly call option implied volatility is at 150, May is at 91; compared to its 52-week range of 46 to 122 into the expected release of quarter results after the bell on May 6. Call put ratio 30 calls to 1 put with focus on May weekly 7.5 and 8 calls.

Increasing unusual option volume: PTLA NYT CHGG AKBA FLWS SRG ZNGA
Increasing unusual call option volume: PTLA CHGG FLWS WSM SMAR BNO
Increasing unusual put option volume: IVR NAT DDD VNOM WEN HTZ KKR
Options with decreasing option implied volatility: SCO UCO TGTX USO APRN NAT WW NRZ
Active options: AAPL TSLS MSFT AMD FB AAL GE SNAP DIS X BABA NCLH NFLX DAL BAC CCL BYND ET HTZ