Mid-session IV Report November 17, 2020

Mid-session IV Report November 17, 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: TSLA ACB WBA CVS SOLO RAD

Popular stocks with increasing volume: PLUG FCEL CVS CCL LI JD ZM AAL TAP

Tesla (TSLA) November weekly call option implied volatility is at 68, December is at 69; compared to its 52-week range of 34 to 154 after being added to S&P 500 index. Call put ratio 2.3 calls to 1 put with focus on November 450 calls.

Lordstown Motors (RIDE) November call option implied volatility is at 140, December is at 130; compared to its 52-week range of 115 to 176. Call put ratio 10 calls to 1 put with focus on November 25 calls.

Square (SQ) November call option implied volatility is at 59, December is at 51; compared to its 52-week range of 30 to 142 as shares rally 3.8%. Call put ratio 5 calls to 1 put with focus on November 185 calls.

Teladoc (TDOC) November call option implied volatility is at 60, December is at 53; compared to its 52-week range of 36 to 109 as shares rally 2.4%.

WBA, CVS & RAD volume IV up after Amazon.com (AMZN) announced two new pharmacy offerings to help customers conveniently purchase their prescription medications.

CVS Health (CVS) November call option implied volatility is at 39, December is at 29; compared to its 52-week range of 19 to 88 after Amazon.com (AMZN) announced two new pharmacy offerings to help customers conveniently purchase their prescription medications. Call put ratio 1.6 calls to 1 put.

Rite-Aid (RAD) November call option implied volatility is at 77, December is at 81; compared to its 52-week range of 61 to 97.

Walgreens Boots Alliance (WBA) November call option implied volatility is at 45, December is at 34; compared to its 52-week range of 22 to 88.

GoodRx Holdings, Inc. (GDRX) November call option implied volatility is at 116, December is at 81; compared to its 52-week range of 66 to 111 after Amazon.com (AMZN) announced two new pharmacy offerings to help customers conveniently purchase their prescription medications. Call put ratio 2.1 calls to 1 put.

Option implied volatility into quarter results

Nio (NIO) November call option implied volatility is at 229, December is at 141; compared to its 52-week range of 81 to 215 into the expected release of quarter results today after the bell. Call put ratio 2.7 calls to 1 put.

JinkoSolar (JKS) November call option implied volatility is at 193, December is at 99; compared to its 52-week range of 45 to 145 into the expected release of quarter results today. Call put ratio 8.6 calls to 1 put.

La-Z-Boy (LZB) November call option implied volatility is at 102, December is at 45; compared to its 52-week range of 25 to 146 into the expected release of quarter results today after the bell. Call put ratio 1.6 calls to 1 put.

L Brands (LB) November call option implied volatility is at 122, December is at 61; compared to its 52-week range of 43 t0 203 into the expected release of quarter results on November 18.

Lowe’s (LOW) November call option implied volatility is at 68, December is at 35; compared to its 52-week range of 18 to 129 into the expected release of quarter results before the bell on November 18. Call put ratio 1.8 calls to 1 put.

Jack in the Box (JACK) November call option implied volatility is at 85, December is at 44; compared to its 52-week range of 22 to 208 into the expected release of quarter results after the bell on November 18. Call put ratio 2.9 calls to 1 put.

NVIDIA (NVDA) November call option implied volatility is at 91, December is at 51; compared to its 52-week range of 28 to 110 into the expected release of quarter results after the bell on November 18.

Sonos (SONO) November call option implied volatility is at 144, December is at 75; compared to its 52-week range of 41 to 120 into the expected release of quarter results after the bell on November 18. Call put ratio 6.6 calls to 1 put with focus on November 20 calls.

Target (TGT) November call option implied volatility is at 80, December is at 35; compared to its 52-week range of 19 to 90 into the expected release of quarter results before the bell on November 18. Call put ratio 3.8 calls to 1 put with focus on November 165 calls.

TJX (TJX) November call option implied volatility is at 66, December is at 37; compared to its 52-week range of 16 to 121 into the expected release of quarter results before the bell on November 18. Call put ratio 3.2 calls to 1 put.

Increasing unusual option volume: BCLI IWN KDP KKR CLNY FNKO HSY TAP PLTR GRPN SDC
Increasing unusual call option volume: IWN BCLI KKR HSY EL CLNY GDRX PPC FCEL RIDE
Increasing unusual put option volume: BCLI GAN CHL NK XPEV YY FCEL LAC SOLO
Options with decreasing option implied volatility: TCO GPRO ACB APT VRM SDC DDOG MRNA
Active options: TSLA NIO AAPL PLUG WMT AMD BA FCEL AMZN GE CVS CCL ZM AAL PLTR BABA JD BIDU KSS LI