Mid-session IV Report November 29, 2019

Mid-session IV Report November 29, 2019

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: SPPI CLVS ITCI CVM SPCE RSX AKBA PTON SAIL UCO X

Popular stocks with increasing unusual volume: WMT PBR DIS HD FCX

United States Oil Fund (USO) December weekly call option implied volatility is at 35, December is at 30, January is at 29; compared to its 52-week range of 22 to 62 as WTI Crude oil at upper end of 2-month range into OPEC meeting on December 4.

ExxonMobil (XOM) December weekly call option implied volatility is at 18, December and January is at 17; compared to its 52-week range of 15 to 39 as WTI Crude oil at upper end of 2-month range into OPEC meeting on December 4.

United States Natural Gas (UNG) November weekly call option implied volatility is at 47, December is at 51, January is at 53; compared to its 52-week range of 21 to 112 as natural gas at low end of price range as natural gas trends lower. Call put ratio 1.8 calls to 1 put.

Coupa Software (COUP) December weekly call option implied volatility is at 75, December 58, January is at 50; compared to its 52-week range of 39 to 81 into the expected release of quarter results after the bell on December 2.

Aflac (AFL) December weekly, December and January weekly calls option implied volatility is at 14; compared to its 52-week range of 13 to 32 into management hosting a 2020 outlook for the company’s business, operations and financial results on a conference call on December 2. December weekly 54 puts active.

PG&E Corp. (PCG) December weekly call option implied volatility is at 109, December is at 111, January is at 120; compared to its 52-week range of 59 to 253 after a U.S. bankruptcy judge ruling on Wednesday, Bloomberg reports.

Option implied volatility low into Cyber Monday

Amazon (AMZN) 30-day option implied volatility is at 18; compared to its 52-week range of 17 to 55.

Alibaba (BABA) 30-day option implied volatility is at 25; compared to its 52-week range of 23 to 49.

Dicks Sporting Goods (DKS) 30-day option implied volatility is at 30; compared to its 52-week range of 27 to 59.

Walmart (WMT) 30-day option implied volatility is at 15; compared to its 52-week range of 14 to 30

UPS (UPS) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 42

FedEx (FDX) 30-day option implied volatility is at 35; compared to its 52-week range 21 to 42

Increasing unusual option volume: SAIL TECD AKBA INVA WUBA MYOV
Increasing unusual call option volume: SAIL TECD AKBA INVA WUBA MYOV
Increasing unusual put option volume: CSIQ VIPS DDOG
Options with decreasing option implied volatility: CCXI MDCO NTNX I ANF
Active options: AAPL BABA AMZN TSLA ROKU AMD MSFT FB XIO X NFLX WMT MU NVDA SBUX HD FCX DIS PBR LK