Mid-session IV Report November 19, 2020

Mid-session IV Report November 19, 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: FCEL RIOT KNDI RAD TSLA AYRO PIC RMG

Popular stocks with increasing volume: SONO DKNG PLUG ROKU ZM JMIA ROKU PLUG
Power option volume and IV movement increases

Plug Power (PLUG) November call option implied volatility is at 105, December is at 87; compared to its 52-week range of 60 to 186 as shares rally 4.1%. Call put ratio 3.5 calls to 1 put.

Ballard Power (BLDP) November calls option implied volatility is at 75, December is at 76; compared to its 52-week range of 51 to 217 as shares rally 5%. Call put ratio 25 calls to 1 put with focus on November 18 calls.

FuelCell Energy (FCEL) November call option implied volatility is at 338, December is at 215; compared to its 52-week range of 98 to 307. Call put ratio 2.3 calls to 1 put.

Twilio (TWLO) November call option implied volatility is at 63, December is at 53; compared to its 52-week range of 33 to 97 as shares rally 7.5%. Call put ratio 5.2 calls to 1 put with focus on November 300 calls.

Roku (ROKU) November call option implied volatility is at 71, December is at 59; compared to its 52-week range of 55 to 129 as shares rally 6.7%. Call put ratio 4 calls to 1 put.

Peloton (PTON) November call option implied volatility is at 73, December 68; compared to its 52-week range of 58 to 158. Call put ratio 2 calls to 1 put.

Beyond Meat (BYND) November call option implied volatility is at 63, December is at 59; compared to its 52-week range of 47 to 130. Call put ratio 3.7 calls to 1 put.

Ishares Silver Trust (SLV) 30-day option implied volatility is at 35; compared to its 52-week range of 14 to 94. Call put ratio 3.3 calls to 1 put as shares down 1.2%.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 158 as gold up 22% for year.

Option IV and volume into quarter results

BJ’s Wholesale (BJ) November call option implied volatility is at 76, December is at 45; compared to its 52-week range of 30 to 92 into the expected release of quarter results today after the bell. Call put ratio 15 calls to 1 put with focus on November 40 and 45 calls.

Intuit (INTU) November call option implied volatility is at 77, December is at 33; compared to its 52-week range of 19 to 93 into the expected release of quarter results today after the bell.

Netease (NTES) November call option implied volatility is at 51, December is at 34; compared to its 52-week range of 27 to 75 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put.

Ross Stores (ROST) November call option implied volatility is at 87, December is at 37; compared to its 52-week range of 17 to 89 into the expected release of quarter results today after the bell.

Williams-Sonoma (WSM) November call option implied volatility is at 190, December is at 55; compared to its 52-week range of 23 to 133 into the expected release of quarter results today after the bell. Call put ratio 2.5 calls to 1 put with focus on November 105 calls.

Workday (WDAY) November call option implied volatility is at 144, December is at 45; compared to its 52-week range of 26 to 84 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put with focus on November calls.

Foot Locker (FL) November call option implied volatility is at 193, December is at 58; compared to its 52-week range of 28 to 137 into the expected release of quarter results before the bell on November 20. Call put ratio 2.2 calls to 1 put.

Buckle (BKE) November call option implied volatility is at 170, December is at 61; compared to its 52-week range of 38 to 117 into the expected release of quarter results before the bell on November 20.

GSX Techedu (GSX) November call option implied volatility is at 288, December is at 110; compared to its 52-week range of 77 to 167 into the expected release of quarter results before the bell on November 20. Call put ratio 1 call to 2.7 puts.

Increasing unusual option volume: EWU CS LPX SONO OVID LB AYRO
Increasing unusual call option volume: AYRO LPX CS SONO WPX SOLO KNDI
Increasing unusual put option volume: DHT FCEL YY AEO SOLO SONO RSP
Options with decreasing option implied volatility: CRON LI FTCH XPEV MRNA MPLN CODX VIPS NVDA
Active options: TSLA NIO AAPL BA BABA NVDA GE FCEL M SONO DKNG ZM MSFT PLUG AMZN PLTR ROKU BAC AMD FB