Mid-session IV Report October 18, 2024

Mid-session IV Report October 18, 2024

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: MAXN RUM OKLO PTON SMR PGY AAP SPOT SE CSCO CHAU CVS WBA

Popular stocks with increasing volume: TSM MSTR SMCI BABA ROKU DKNG AVGO PLTR COIN TIGR BAC

Active options: NVDA AAPL TSLA NFLX AMD TSM AMZN META MSTR SMCI MARA BABA ROKU DKNG AVGO PLTR COIN TIGR BAC DJT

Option IV into quarter results

Nucor (NUE) October 25 weekly call option implied volatility is at 47, November is at 37; compared to its 52-week range of 23 to 38 into the expected release of quarter results after the bell on October 21. Call put ratio 2.9 calls to 1 put with focus on April 170 calls.

Logitech (LOGI) November call option implied volatility is at 41, December is at 31 compared to its 52-week range of 39 to 65; into the expected release of quarter results after the bell on October 21. Call put ratio 3.6 calls to 1 put with focus on November calls.

Zion (ZION) November call option implied volatility is at 48, December is at 40 compared to its 52-week range of 28 to 57; into the expected release of quarter results after the bell on October 21.

GE Aerospace (GE) October 25 weekly call option implied volatility is at 45, November is at 35 compared to its 52-week range of 33 to 43. Call put ratio 4.6 calls to 1 put with a focus on October 190 calls into the expected release of quarter results before the bell on October 22.

Verizon (VZ) October 25 weekly call option implied volatility is at 33, November is at 24 compared to its 52-week range of 15 to 29; into the expected release of quarter results before the bell on October 22. Call put ratio 1.6 calls to 1 put.

Gambling stocks option IV amid autumn sports

Flutter Entertainment (FLUT) 30-day option implied volatility is at 42; compared to its 52-week range of 28 to 81. Call put ratio 3.7 calls to 1 put.

DraftKings (DKNG) 30-day option implied volatility is at 62; compared to its 52-week range of 37 to 77. Call put ratio 7.1 calls to 1 put with focus on October 39 calls. November 1 weekly 39.50 calls, November 1 weekly 42.50 calls and November 39 calls.

MGM Resorts (MGM) 30-day option implied volatility is at 44; compared to its 52-week range of 26 to 47. Call put ratio 3.1 calls to 1 put.

Caesars Entertainment (CZR) 30-day option implied volatility is at 45; compared to its 52-week range of 37 to 62. Call put ratio 2.3 calls to 1 put.

Las Vegas Sands (LVS) 30-day option implied volatility is at 40; compared to its 52-week range of 24 to 42.

Wynn Resorts Ltd (WYNN) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 49. Call put ratio 2.7 calls to 1 put as share price up 2.4%.

Movers

Lamb Weston (LW) 30-day option implied volatility is at 31; compared to its 52-week range of 17 to 73 after Jana built 5% stake in Lamb Weston, to push for sale, WSJ reports. Call put ratio 4.1 calls to 1 put as share price up 6.9%.

CVS Health (CVS) 30-day option implied volatility is at 43; compared to its 52-week range of 21 to 51 after lowering guidance. Call put ratio 1.3 calls to 1 put as share price down 8%.

Options with decreasing option implied volatility: YINN EXEL WBA FWRD ASHR NFLX SCHW ISRG FXI UNH JWN USB AXP PGR JNJ PG
Increasing unusual option volume: FTI TIGR CCK ULCC HST IGT ASHR OKLO AMTX LKQ TROW TSEM IQV TRIP LEU TER
Increasing unusual call option volume: TIGR ASHR OKLO TRIP TSEM SMR JBLU CLMT ACAD GEVO WW ISRG LEU NE FLEX LAC
Increasing unusual put option volume: TROW TER TIGR OKLO EWT INSM MP WY GCT ASHR WAL BG ALLY LNG HUMA NFLX SMR STM LAC