Mid-session IV Report November 1, 2018

Mid-session IV Report November 1, 2018

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 overlooked information.

Options with increasing option implied volatility: CZR ABBV MDR CF SYMC SBUX

Options with increasing volume: KO TEVA FIT SBUX NIO TGT DB USO FXI YELP

Apple (AAPL) November weekly call option implied volatility is at 108, November is at 46, December is at 34; compared to its 52-week range of 16 to 41. AAPL is expected to report EPS today after the closing bell. November weekly 220 straddle priced for a move of 5%. Call put ratio 1.1 calls to 1 put with focus on November weekly 220, 225 calls and November weekly 215 puts.

Starbucks (SBUX) November weekly call option implied volatility is at 99, November is at 36; compared to its 52-week range of 14 to 31 into expected release of EPS today after the closing bell. November weekly 58.50 straddle priced for a move of 4.8%. Call put ratio 1.5 calls to 1 put with focus on November weekly 58.50 and November 57.50 calls.

Alibaba (BABA) November weekly call option implied volatility is at 121, November is at 53; compared to its 52-week range of 25 to 58 into expected release of EPS before the market open on November 2. November weekly 140 straddle priced for a move of 6%. Call put ratio 2 calls to 1 put with focus on November weekly 140 and 142 calls.

Revlon (REV) November call option implied volatility is at 100, December is at 102; compared to its 52-week range of 48 to 112 into expected release of EPS before the market open on November 2. Call put ratio 1 call to 1 put.

Chevron (CVX) November weekly call option implied volatility is at 55, November is at 31; compared to its 52-week range of 13 to 32 into expected release of EPS before the open on November 2. Call put ratio 2 calls to 1 put with focus on November weekly 112 calls.

Exxon Mobile (XOM) November weekly call option implied volatility is at 55, November is at 28; compared to its 52-week range of 10 to 30 into expected release of EPS before the open on November 2. Call put ratio 1 call to 1.2 puts with focus on November weekly 80 puts.

Seagate (STX) November weekly call option implied volatility is at 185, November is at 67; compared to its 52-week range of 26 to 65 into expected release of EPS before the market open on November 2. Call put ratio 1 call to 1.2 puts.

SPDR Gold Trust (GLD) November weekly 116 and 116.50 puts active. November weekly call option implied volatility is at 16, November is at 12; compared to its 52-week range of 9 to 14. November weekly 116.50 straddle priced for a move of less than 1%. Call put ratio 1.5 calls to 1 put with focus on November weekly 116 and 117 calls.

Chips rally as option implied volatility stays elevated

Advanced Micro Devices (AMD) November weekly call option implied volatility is at 101, November is at 77; compared to its 52-week range of 37 to 101. Call put ratio 2.1 calls to 1 put with focus on November weekly 19 calls as shares rally 7%.

Micron (MU) November weekly call option implied volatility is at 67, November is at 42; compared to its 52-week range of 34 to 63. Call put ratio 1.7 calls to 1 put with focus on November weekly 40 and 41 calls as shares rally 5%.

NVIDIA (NVDA) November weekly call option implied volatility is at 73, November is at 84; compared to its 52-week range of 25 to 86. Call put ratio 1.5 calls to 1 put with focus on November weekly 220 calls as shares rally 2%.

Increasing unusual call option volume: ETM HRS THS NYT
Increasing unusual put option volume: ETM HRS DHT NYT IPI LPX RDN
Popular stocks with increasing unusual: TEVA NXPI ETM YELP FIT KO
Options with decreasing option implied volatility: TEVA NXPI NVO W AIG FIT
Active options: AAPL AMD BABA FB MU GE BAC TSLA AMZN NVDA NFLX MSFT NXPI INTC ETM JD TEVA FIT YELP KO