Mid-session IV Report November 6, 2018

Mid-session IV Report November 6, 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: HCLP PACB AMLP ATVI TSRO MTNX KDP HIIQ P UNH DIS MUR ATVI TTWO QCOM WYNN

Options with increasing volume: NIO AVEO BHGE F CGC TSLA SQ MTNX

United States Oil Fund (USO) and Financial Select Sector SPDR ETF (XLF) puts active as WTI crude oil trends lower into midterm elections and FOMC meeting

United States Oil Fund (USO) November weekly call option implied volatility is at 41, November is at 34, December is at 31; compared to its 52-week range of 17 to 31 as WTI crude oil trades near April lows. Call put ratio 1 call to 3.3 puts with focus on January 12.50 and 13 puts.

Financial Select Sector SPDR ETF (XLF) November weekly call option implied volatility is at 33, November is at 28, December is at 22; compared to its 52-week range of 13 to 30 into midterm elections. Call put ratio 1 calls to 2 puts with focus on November 25 and 26 puts.

Albemarle (ALB) November call option implied volatility is at 59, December is at 40; compared to its 52-week range of 22 to 46 into expected release of EPS on November 7. Call put ratio 2.8 calls to 1 put with focus on November 110 calls.

Dean Foods (DF) November call option implied volatility is at 81, December is at 55; compared to its 52-week range of 28 to 68 into expected release of EPS after the bell on November 7. Call put ratio 1.5 calls to 1 put with focus on November and December 8 calls.

Fossil (FOSL) November weekly call option implied volatility is at 280, November is at 177, December is at 103; compared to its 52-week range of 51 to 119 into expected release of EPS after the bell on November 7. Call put ratio 1 call to 1.7 puts with focus on December 19 puts.

Murphy Oil (MUR) November call option implied volatility is at 51, December is at 43; compared to its 52-week range of 29 to 50 into expected release of EPS after the bell on November 7. Call put ratio 1 call to 1.6 puts with focus on November puts.

News Corp (NWS) November call option implied volatility is at 68, December is at 33; compared to its 52-week range of 16 to 125 into expected release of EPS after the bell on November 7.

Qualcomm (QCOM) November weekly call option implied volatility is at 77, November is at 51, December is at 33; compared to its 52-week range of 19 to 53 into expected release of EPS after the bell on November 7. Call put ratio 1.3 calls to 1 put with focus on November 64 calls.

Wynn Resorts (WYNN) November weekly call option implied volatility is at 117, November is at 80, December is at 56; compared to its 52-week range of 22 to 66 into expected release of EPS after the bell on November 7. Call put ratio 2.2 calls to 1 put with focus on November 110 calls.

Under Armour Inc (UA) November weekly call option implied volatility is at 66, November is at 55, December is at 50; compared to its 52-week range of 35 to 89. CEO Kevin Plank told employees that a report in The Wall Street Journal that revealed a practice that had allowed employees to charge strip club visits to their corporate cards was “tough to read” according to a letter obtained by several news outlets. Call put ratio 1 calls to 2.1 puts with focus on November 20.50 and 21 puts.

Nutanix (NTNX) call put ratio 8 calls to 1 put with focus on November 45 and 47.50 calls as shares rally 4.5%

Increasing unusual call option volume: QURE MAR SAGE ACHC GOGO RL TECS BEL MTNX
Increasing unusual put option volume: DATA BHGE ASNA ACHC THS AME ECA FLO EAT
Popular stocks with increasing unusual: PBR F SQ GE NFLX
Options with decreasing option implied volatility: SEAS SYY RACE PCG GLNG XOG SYY PCG XOM WTW GPRO