Mid-session IV Report October 12, 2020

Mid-session IV Report October 12, 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: BIIB GME CGC CF IPOC LLNW ULTA LI NET AZN PCG

Popular stocks with increasing unusual volume: WKHS F DKNG CGC AAL TWLO

Option implied volatility into Apple (AAPL) October 13, 2020, product launch event.

Apple (AAPL) October call option implied volatility is at 48, November is at 44; compared to its 52-week range of 18 to 90 into Apple October 13, 2020, product launch event. Call put ratio 3.6 calls to 1 put with focus on October 122 calls as shares rally 4%.

Market Vectors Semiconductor ETF (SMH) October call option implied volatility is at 27, November is at 33; compared to its 52-week range of 19 to 91 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 9.2 calls to 1 put.

Micron (MU) October call option implied volatility is at 35, November is at 43; compared to its 52-week range of 31 to 114 into Apple (AAPL) October 13, 2020, product launch event.

Intel (INTC) October call option implied volatility is at 24, November is at 36; compared to its 52-week range of 20 to 98 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 2.9 calls to put as shares rally 0.9%.

STMicroelectronics NV (STM) October call option implied volatility is at 40, November is at 45; compared to its 52-week range of 27 to 110 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 10.2 calls to 1 put.

NXP Semiconductors (NXPI) October call option implied volatility is at 37, November is at 44; compared to its 52-week range of 25 to 115 into Apple (AAPL) October 13, 2020, product launch event.

ON Semiconductor (ON) October call option implied volatility is at 47, November is at 54; compared to its 52-week range of 30 to 133 into Apple (AAPL) October 13, 2020, product launch event.

Universal Display (OLED) 30-day option implied volatility is at 62; compared to its 52-week range of 32 to 103 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 3.8 calls to 1 put.

Skyworks (SWKS) October call option implied volatility is at 35, November is at 46; compared to its 52-week range of 26 to 107 into Apple (AAPL) October 13, 2020, product launch event.

Lumentum (LITE) 30-day option implied volatility is at 56; compared to its 52-week range of 33 to 99 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 4.3 calls to 1 put.

Qorvo (QRVO) 30-day option implied volatility is at 52; compared to its 52-week range of 28 to 93 into Apple (AAPL) October 13, 2020, product launch event.

Qualcomm (QCOM) October call option implied volatility is at 35, November is at 44; compared to its 52-week range of 25 to 85 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 3.9 calls to 1 put.

Cirrus Logic (CRUS) 30-day option implied volatility is at 54; compared to its 52-week range of 27 to 93 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 4 calls to 1 put.

Synaptics (SYNA) October call option implied volatility is at 29, November is at 53; compared to its 52-week range of 37 to 94 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 3.4 calls to put as shares rally 1.3%.

Marvell Technology (MRVL) October call option implied volatility is at 38, November is at 43; compared to its 52-week range of 27 to 98 into Apple (AAPL) October 13, 2020, product launch event. Call put ratio 5.5 calls to 1 to 1 put.

Option implied volatility into quarter results

Blackrock (BLK) October call option implied volatility is at 36, November is at 29; compared to its 52-week range of 16 to 107 into the expected release of quarter results before the bell on October 13.

Citigroup (C) October call option implied volatility is at 49, November is at 41; compared to its 52-week range of 18 to 145 into the expected release of quarter results before the bell on October 13.

Delta (DAL) October call option implied volatility is at 73, November is at 66; compared to its 52-week range of 20 to 265 into the expected release of quarter results before the bell on October 13.

Fastenal (FAST) October call option implied volatility is at 59, November is at 33; compared to its 52-week range of 21 to 81 into the expected release of quarter results on October 13.

Johnson & Johnson (JNJ) October call option implied volatility is at 24, November is at 21; compared to its 52-week range of 14 to 70 into the expected release of quarter results before the bell on October 13.Call put ratio 3.7 calls to 1 put.

JPMorgan (JPM) October call option implied volatility is at 41, November is at 34; compared to its 52-week range of 15 to 119 into the expected release of quarter results before the bell on October 13.

Schwab (SCHW) October call option implied volatility is at 41, November is at 37; compared to its 52-week range of 22 to 123 into the expected release of quarter results on October 13. Call put ratio 3.2 calls to 1 put.

ExxonMobil (XOM) October call option implied volatility is at 35, November is at 42; compared to its 52-week range of 15 to 111. Call put ratio 3 calls to 1 put with focus on October 35.50 calls

Voya Financial (VOYA) October 50 calls active as shares rally 1.9%

Ulta Salon (ULTA) call put ratio 1.3 calls to 1 put as shares rally 2.1%.

Dillards (DDS) call put ratio 1 call to 2.3 puts as shares rally 44% after price target raised to $46 from $30 at Wedbush.

Ford Motor (F) call put ratio 11.7 calls to 1 put with focus on October 8 calls as shares rally 6.5%

Levi (LEVI) call put ratio 5.9 calls to 1 put with focus on October 16 calls.

Increasing unusual option volume: AKBA ICLN JKS AMWL DDS F LEVI ULTA VOYA TWLO
Increasing unusual call option volume: AKBA ICLN BLMN LEVI FOUR
Increasing unusual put option volume: JKS DDS VFC MKC TAN
Options with decreasing option implied volatility: SIRI CRON IOVA DISH TGTX
Active options: AAPL TSLA F AMZN WKHS FB AMD MSFT DKNG NIO T TWTR NVDA BABA GE BAC GME CGC AAL BA