Mid-session IV Report May 5, 2022

Mid-session IV Report May 5, 2022

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: option IV up across the board

Popular stocks with increasing volume: OXY NIO XOM LYFT SOFI AMC ETSY

Option IV increases as stocks sell off, WTI Crude oil increases into April employment report

Amazon (AMZN) May weekly call option implied volatility is at 50, May is at 47; compared to its 52-week range of 19 to 54. Call put ratio 1.1 calls to 1 put as shares sell off 6%.

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 26; compared to its 52-week range of 11 to 32. Call put ratio 1 call to 1.1 puts a shares sell of 3.4%.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 35; compared to its 52-week range of 14 to 38. Call put ratio 1 call to 1.1 puts as shares sell off 4.3%.

ARK Innovation ETF (ARKK) May weekly call option implied volatility is at 106, May is at 75; compared to its 52-week range of 28 to 75. Call put ratio 1.2 calls to 1 put as shares sell off 7.5%.

Option IV into quarter results

GoPro (GPRO) May weekly call option implied volatility is at 250, May is at 88; compared to its 52-week range of 35 to 151 into the expected release of quarter results today after the bell. Call put ratio 1call to 1 put as shares sell off 4%.

Petrobras (PBR) May weekly call option implied volatility is at 100, May is at 62; compared to its 52-week range of 38 to 235 into the expected release of quarter results today after the bell. Call put ratio 2.1 calls to 1 put.

World Wrestling (WW) May weekly call option implied volatility is at 280, May is at 101; compared to its 52-week range of 43 to 101 into the expected release of quarter results today after the bell. Call put ratio 13 calls to 1 put as shares sell off 4%.

Yelp (YELP) May call option implied volatility is at 84, June is at 66; compared to its 52-week range of 35 to 61 into the expected release of quarter results today after the bell. Call put ratio 3.6 calls to 1 put as shares sell off 4%.

Zillow (Z) May weekly call option implied volatility is at 290, May is at 107; compared to its 52-week range of 40 to 90 into the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put as shares sell off 6.5%.

DoorDash (DASH) May weekly call option implied volatility is at 371, May is at 137; compared to its 52-week range of 44 to 117 into the expected release of quarter results today after the bell. Call put ratio 2 calls to 1 put as shares sell off 12.6%

DraftKings (DKNG) May weekly call option implied volatility is at 260, May is at 112; compared to its 52-week range of 44 to 105 into the expected release of quarter results before the bell on May 6. Call put ratio 1.9 calls to 1 put as shares sell off 3%.

Under Armour (UA) May weekly call option implied volatility is at 305, May is at 88; compared to its 52-week range of 35 to 76 into the expected release of quarter results before the bell on May 6. Call put ratio 1.7 calls to 1 put as shares sell off 6%.

Redfin (RDFN) May call option implied volatility is at 155, June is at 116; compared to its 52-week range of 48 to 141 into the expected release of quarter results before the bell on May 6. Call put ratio 1 call to 2.4 puts as shares sell off 7.6%.

Singularity Future Technology (SGLY) May weekly call option implied volatility is at 350, May is at 260; compared to its 52-week range of 49 to 247. Call put ratio 1.6 calls to 1 put as shares sell off 24%.

Rambus (RMBS) M call option implied volatility is at 53, June is at 48, December is at 44; compared to its 52-week range of 27 to 101. Call put ratio 506 calls to 1 put with focus on May 27 calls and December 35 calls.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 13; compared to its 52-week range of 5 to 15 after The Federal Open Market Committee statement. Call put ratio 1 call to 298 puts as shares sell off 1.4%.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 13; compared to its 52-week range of 5 to 16. Call put ratio 1 call to 3.2 puts as shares sell off 1.4%.

Options with decreasing option implied volatility: IV up across the board
Increasing unusual option volume: DO WING EHTH EWT SGLY RMBS
Increasing unusual put option volume: EWT ASHR HYMC
Increasing unusual call option volume: DO QSR FLNG HUSA RMBS SGLY
Active options: AAPL TWTR TSLA AMD FB NVDA UBER ET SHOP BAC AMZN OXY NIO XOM LYFT SOFI AMC ETSY BABA MSFT