Mid-session IV Report November 9, 2018

Mid-session IV Report November 9, 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: PCG GE KTOS MU MSFT UNG ATHM

Technology stocks sell off on active option volume and increasing implied volatility

PowerShares QQQ Trust (QQQ) November weekly call option implied volatility is at 43, November is at 25, December is at 22; compared to its 52-week range of 11 to 31. Call put ratio 1 call to 1.9 puts as shares sell off 1.6%.

Yelp (YELP) November weekly call option implied volatility is at 216, November is at 62, December is at 44; compared to its 52-week range of 29 to 89 as shares sell off on growth outlook. Call put ratio 1 call to 1.9 puts with focus on November 29 puts.

Micron (MU) November call option implied volatility is at 52, December is at 50; compared to its 52-week range of 34 to 63. Call put ratio 1.3 calls to 1 put with focus on November 37.50 calls.

Advanced Micro Devices (AMD) November call option implied volatility is at 81, December is at 67; compared to its 52-week range of 37 to 101. Call put ratio 1.1 calls to 1 put with focus on November weekly 21 calls.

Qualcomm (QCOM) November call option implied volatility is at 31, December is at 26; compared to its 52-week range of 19 to 53. Call put ratio 1 call to 1 put with focus on December 55 calls and November weekly 58 puts.

Industrial stock option implied volatility goes bid on economic concerns

Freeport McMoran Inc (FXC) November call option implied volatility is at 49, December is at 43; compared to its 52-week range of 32 to 54 as shares near two-year low.

Boeing Co (BA) November call option implied volatility is at 28, December is at 26; compared to its 52-week range of 15 to 43.

Caterpillar Inc (CAT) November call option implied volatility is at 39, December is at 32; compared to its 52-week range of 15 to 40.

General Electric (GE) November call option implied volatility is at 75, December is at 58; compared to its 52-week range of 20 to 59 as shares sell off after JPMorgan cuts price target to $6.

Ishares Msci Mexico Capped Etf (EWW) November weekly call option implied volatility is at 79, November is at 51, December is at 34; compared to its 52-week range of 16 to 34. Call put ratio 1 call to 1.8 puts after sharp selloff.

America Movil (AMX) November call option implied volatility is at 33, December is at 30; compared to its 52-week range of 20 to 39. Call put ratio 4.8 calls to 1 put as shares trend lower.

PG&E Corp. (PCG) November call option implied volatility is at 108, November is at 108, December is at 59; compared to its 52-week range of 25 to 51. Call put ratio 1.1 calls to 1 put as shares sell off 10% on wild fire uncertainty.

Options with increasing volume: CLNY DATA FNSR YELP DIS IRDM
Increasing unusual call option volume: CLNY FNSR DATA SYNA KBH RRR WEN
Increasing unusual put option volume: CLNY NOG DCP IRDM YELP DATA ANF AMC CTL
Options with decreasing option implied volatility: XRAY YELP FNSR TTD HTZ RDFN DBX AMC
Active options: GE AAPL AMD DIS AMZN NFLX BAC TSLA FB BABA MSFT MU NVDA SQ CTL ROKU YELP ATVI F PBR