Mid-session IV Report October 16, 2020

Mid-session IV Report October 16, 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: HTZ NKLA SY IMGN BIIB NAV APA RTX NIO CF CL SVXY

Popular stocks with increasing unusual volume: HTZ NKLA ZM FSLY

Option implied volatility for solar stocks as shares at upper end of range into November 3rd election

Canadian Solar (CSIQ) 30-day call option implied volatility is at 80; compared to its 52-week range of 39 to 147 as shares at upper end of range into November 3rd election.

First Solar (FSLR) 30-day call option implied volatility is at 68; compared to its 52-week range of 28 to 113

SunPower (SPWR) 30-day call option implied volatility is at 109; compared to its 52-week range of 54 to 146

Jinkosolar (JKS) 30-day call option implied volatility is at 105; compared to its 52-week range of 45 to 145.

Boeing (BA) October weekly call option implied volatility is at 45, November is at 57; compared to its 52-week range of 22 to 222 into expected release of quarter results on October 28. Call put ratio 3 calls to 1 put as shares rally 2.8%.

Hertz (HTZ) 30-day option implied volatility is at 291; compared to its 52-week range of 40 to 471 after the company announced that it has secured commitments for debtor-in-possession (“DIP”) financing totaling $1.65B and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. Hertz (HTZ) call put ratio 2.8 calls to 1 put.

Option implied volatility into quarter results

Haliburton (HAL) October weekly call option implied volatility is at 69, November is at 62; compared to its 52-week range of 30 to 224 into the expected release of quarter results before the bell on October 19.

IBM (IBM) October weekly call option implied volatility is at 43, November is at 32; compared to its 52-week range of 15 to 85 into the expected release of quarter results on October 19. Call put ratio 3.2 calls to 1 put with focus on ATM calls.

Logitech (LOGI) November call option implied volatility is at 41, December is at 39; compared to its 52-week range of 19 to 86 into the expected release of quarter results on October 19.

Steel Dynamics (STLD) November call option implied volatility is at 40, December is at 38; compared to its 52-week range of 28 to 125 into the expected release of quarter results after the bell on October 19. Call put ratio 20 calls to 1 put.

Increasing unusual option volume: FLEX DBI CBRE JBHT NAV HTZ HUN CARS VIPS TACO CIT
Increasing unusual call option volume: FLEX DBI HTZ VIPS CIT CARS TACO WRK
Increasing unusual put option volume: FCAU UAA CFG HTZ VFC GES
Options with decreasing option implied volatility: STT SLB JBHY BK SIG TLRY
Active options: AAPL NIO TSLA GE BA HTZ ZM AMZN FB PTON SPCE DKNG PFE NKLA MSFT FLSY NFLX AMD BAC BABA