Mid-session IV Report November 7, 2018

Mid-session IV Report November 7, 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: VOD ACB NOK DVMT TRIP AAOI BKLN AMRN QCOM UUP DF DIS ATVI FOSL

Options with increasing volume: DF CL FOSL GLUU UUP MRVL TIVO XLV HUM FB CL

Qualcomm (QCOM) November weekly call option implied volatility is at 88, November is at 54, December is at 33; compared to its 52-week range of 19 to 53 into expected release of EPS today after the bell. Call put ratio 1.4 calls to 1 put with focus on November weekly 63 calls.

Financial option implied volatility into FOMC rate decision

Financial Select Sector SPDR ETF (XLF) November weekly call option implied volatility is at 24, November is at 23, December 18; compared to its 52-week range of 13 to 30 into FOMC decision. Call put ratio 2 call to 1 put.

Citigroup (C) November weekly call option implied volatility is at 29, November is at 24, December is at 23; compared to its 52-week range of 16 to 33. Call put ratio 2.5 calls to 1 put with focus on November weekly 68 and December 70 calls.

JPMorgan (JPM) November weekly call option implied volatility is at 25, November is at 22, December 21; compared to its 52-week range of 15 to 34.

Bank of America (BAC) November weekly call option implied volatility is at 31, November is at 25, December 25; compared to its 52-week range of 15 to 35. Call put ratio 3.3 calls to 1 put with focus on November weekly 28.50 and 29 calls.

PNC Financial (PNC) November weekly call option implied volatility is at 26, November is at 24, December is at 23; compared to its 52-week range of 16 to 33.

Wells Fargo (WFC) November weekly call option implied volatility is at 25, November is at 24, December 20; compared to its 52-week range of 15 to 40.

Goldman Sachs (GS) November weekly call option implied volatility is at 27, November is at 25, December is at 22; compared to its 52-week range of 15 to 33.

Morgan Stanley (MS) November weekly call option implied volatility is at 31, November is at 28, December is at 25; compared to its 52-week range of 18 to 35.

E-Trade (ETFC) November weekly call option implied volatility is at 38, November is at 31, December is at 29; compared to its 52-week range of 21 to 43.

TD Ameritrade (AMTD) November weekly call option implied volatility is at 33, November is at 31, December is at 26; compared to its 52-week range of 22 to 35. Call put ratio 1 call to 2 puts.

Interactive Brokers (IBKR) November call option implied volatility is at 35, December is at 34, December is at 30; compared to its 52-week range of 22 to 44

Charles Schwab (SCHW) November weekly call option implied volatility is at 30, November is at 28, December is at 27; compared to its 52-week range of 22 to 36.

Option implied volatility decreases as shares rally after voters rejected measures that would have restricted drilling in Colorado

Noble Energy (NBL) November option implied volatility is at 47, December is at 48; compared to its 52-week range of 27 to 68 after voters rejected measures that would have restricted drilling in Colorado and put a tax on carbon emissions in Washington. Call put ratio 19 calls to 1 put.

Anadarko Petroleum (APC) November weekly option implied volatility is at 48, November is at 40, December is at 24; compared to its 52-week range of 24 to 54 after voters rejected measures that would have restricted drilling in Colorado and put a tax on carbon emissions in Washington. Call put ratio 2.9 calls to 1 put.

Devon Energy (DVN) November weekly option implied volatility is at 55, November is at 43, December is at 40; compared to its 52-week range of 22 to 53 after EPS and voters rejected measures that would have restricted drilling in Colorado and put a tax on carbon emissions in Washington.

Colgate (CL) call put ratio 26 calls to 1 put with focus on February 70 calls

Zillow Group, Inc. (ZG) call put ratio 1 call to 2.6 puts as shares sell off 21% after EPS and outlook

Increasing unusual call option volume: CPE PXLW NAK WES DAN EWI
Increasing unusual put option volume: UUP KORS DXC FXY GRPN
Popular stocks with increasing unusual: CL OXY MRVL WEN DF CIEN TJX TIVO
Options with decreasing option implied volatility: AAPL AMD BAC AMZN GE MSFT FB BABA NFLX PBR TSLA SQ C MU TWLO CAT KORS NVDA MDXG KO