Mid-session IV Report October 19, 2020

Mid-session IV Report October 19, 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: NFLX MESO AEL CRSP EPZM TJX TWNK APA DISH ULTA

Popular stocks with increasing volume: GE SNAP PTON AMC SPCE PFE HTZ

DraftKings (DKNG) October weekly call option implied volatility is at 103, November is at 99; compared to its 52-week range of 53 to 143 as shares sell off 4%. Call put ratio 1.9 calls to 1 put with focus on October weekly 43 calls.

Alibaba (BABA) October weekly call option implied volatility is at 41, November is at 44; compared to its 52-week range of 43 to 212 as shares near record high. Call put ratio 3.9 calls to 1 put into expected release of quarter results on October 30.

IV into quarter results

IBM (IBM) October weekly call option implied volatility is at 49, November is at 32; compared to its 52-week range of 15 to 85 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put with focus on ATM calls.

Logitech (LOGI) November call option implied volatility is at 43, December is at 39; compared to its 52-week range of 19 to 86 into the expected release of quarter results today.

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 today after the bell. Call put ratio 15 calls to 1 put.

Albertsons (ACI) November call option implied volatility is at 56, December is at 50; compared to its 52-week range of 34 to 88 into the expected release of quarter results before the bell on October 20. Call put ratio 3.4 calls to 1 put with focus on November 20 calls.

Canadian National (CNI) November call option implied volatility is at 28, December is at 25; compared to its 52-week range of 15 to 91 into the expected release of quarter results on October 20.

Canadian Pacific (CP) November call option implied volatility is at 25, December is at 24; compared to its 52-week range of 17 to 90 into the expected release of quarter results on October 20.

iRobot (IRBT) October weekly call option implied volatility is at 112, November is at 74; compared to its 52-week range of 43 to 122 into the expected release of quarter results after the bell on October 20. Call put ratio 1 call to 11.1 puts.

Lockheed Martin (LMT) October weekly call option implied volatility is at 35, November is at 28; compared to its 52-week range of 27 to 99 into the expected release of quarter results before the bell on October 20.

Netflix (NFLX) October weekly call option implied volatility is at 108, November is at 59; compared to its 52-week range of 28 to 99 into the expected release of quarter results after the bell on October 20. Call put ratio 1.9 calls to 1 put.

Philip Morris (PM) October weekly call option implied volatility is at 47, November is at 31; compared to its 52-week range of 16 to 75 into the expected release of quarter results before the bell on October 20.

Proctor & Gamble (PG) October weekly call option implied volatility is at 37, November is at 22; compared to its 52-week range of 13 to 95 into the expected release of quarter results before the bell on October 20.

Snap (SNAP) October weekly call option implied volatility is at 149, November is at 72; compared to its 52-week range of 38 to 126 into the expected release of quarter results after the bell on October 20. Call put ratio 6.7 calls to 1 put with focus on October weekly 28.50 calls.

Tenet Healthcare (THC) October weekly call option implied volatility is at 86, November is at 71; compared to its 52-week range of 35 to 166 into the expected release of quarter results after the bell on October 20. Call put ratio 1.3 calls to 1 put.

Texas Instruments (TXN) October weekly call option implied volatility is at 55, November is at 37; compared to its 52-week range of 19 to 95 into the expected release of quarter results after the bell on October 20.

United States Oil Fund (USO) October weekly option implied volatility is at 35, November is at 37; compared to its 52-week range of 22 to 248 amid OPEC+ meeting. Call put ratio 3.1 calls to 1 put.

Fire arms and ammunitions IV into elections

Smith & Wesson Brands (SWBI) 30-day option implied volatility is at 79; compared to its 52-week range of 32 to 159 into elections. Call put ratio 1.8 calls to 1 put.

Sturm Ruger (RGR) 30-day option implied volatility is at 57; compared to its 52-week range of 23 to 120. Call put ratio 1.7 calls to 1 put.

Vista Outdoor (VSTO) 30-day option implied volatility is at 91; compared to its 52-week range of 38 to 164. Call put ratio 10 calls to 1 put with focus on November 20 calls.

Carvana Co. (CVNA) 30-day option implied volatility is at 83; compared to its 52-week range of 43 to 212 as shares near record high.

Increasing unusual option volume: TWNK FLEX EPR HUN
Increasing unusual call option volume: FLEX EPR MPW HTZ IQV CTVA
Increasing unusual put option volume: IRBT HST MTCH HTZ TAN FCAU GES XLNX
Options with decreasing option implied volatility: CXO SIIR SKT AGNC VOX CODX
Active options: AAPL NIO TSLA HTZ DKNG GE SNAP AMZN FB BABA AMD ZM MSFT PFE AAL SPCE BAC AMC PTON