Mid-session IV Report October 20, 2020

Mid-session IV Report October 20, 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 CMG IRBT TSLA SNAP TXN

Popular stocks with increasing volume: UBER CCL GM AAL T IBM SPCE

Uber (UBER) October weekly call option implied volatility is at 43, November is at 62; compared to its 26-week range of 36 to 201 into November 3rd elections. Call put ratio 6.1 calls to 1 put with focus on weekly calls.

Lyft (LYFT) October weekly call option implied volatility is at 55, November is at 85; compared to its 26-week range of 38 to 195 into November 3rd California elections. Call put ratio 5.4 calls to 1 put weekly calls.

IV into quarter results

Abbott Laboratories (ABT) October weekly call option implied volatility is at 48, November is at 31; compared to its 52-week range of 16 to 70 into the expected release of quarter results before the bell on October 21. Call put ratio 2.2 calls to 1 put.

AutoNation (AN) October weekly call option implied volatility is at 52, November is at 43; compared to its 52-week range of 23 to 119 into the expected release of quarter results before the bell on October 21.

Baker Hughes Company (BKR) November call option implied volatility is at 52, December is at 47; compared to its 52-week range of 27 to 168 into the expected release of quarter results on October 21.

Biogen (BIIB) October weekly call option implied volatility is at 55, November is at 90; compared to its 52-week range of 25 to 63 into the expected release of quarter results before the bell on October 21.

CSX (CSX) October weekly call option implied volatility is at 55, November is at 34; compared to its 52-week range of 17 to 96 into the expected release of quarter results after the bell on October 21.

Kinder Morgan (KMI) October weekly call option implied volatility is at 43, November is at 35; compared to its 52-week range of 16 to 141 into the expected release of quarter results after the bell on October 21.

KeyCorp (KEY) October weekly call option implied volatility is at 47, November is at 43; compared to its 52-week range of 20 to 177 into the expected release of quarter results before the bell on October 21.

Lam Research (LRCX) October weekly call option implied volatility is at 73, November is at 47; compared to its 52-week range of 26 to 105 into the expected release of quarter results after the bell on October 21.

Las Vegas Sands (LVS) October weekly call option implied volatility is at 74, November is at 56; compared to its 52-week range of 22 to 180 into the expected release of quarter results on October 21.

NetGear (NTGR) October weekly call option implied volatility is at 54, November is at 47; compared to its 52-week range of 32to 133 into the expected release of quarter results after the bell on October 21. Call put ratio 1 call to 1.9 puts.

NextEra Energy (NEE) November call option implied volatility is at 28, December is at 26; compared to its 52-week range of 14 to 90 into the expected release of quarter results before the bell on October 21.

SL Green (SLG) October weekly call option implied volatility is at 44, November is at 46; compared to its 52-week range of 15 to 124 into the expected release of quarter results after the bell on October 21.

Southern Copper (SCCO) October weekly call option implied volatility is at 36, November is at 37; compared to its 52-week range of 23 to 114 into the expected release of quarter results on October 21.

Spirit Airlines (SAVE) October weekly call option implied volatility is at 83, November is at 79; compared to its 52-week range of 31 to 370 into the expected release of quarter results on October 21.

Tesla (TSLA) October weekly call option implied volatility is at 122, November is at 77; compared to its 52-week range of 34 to 154 into the expected release of quarter results after the bell on October 21.

Verizon (VZ) October weekly call option implied volatility is at 32, November is at 21; compared to its 52-week range of 12 to 72 into the expected release of quarter results on October 21. Call put ratio 2.8 calls to 1 put.

Whirlpool (WHR) October weekly call option implied volatility is at 66, November is at 41; compared to its 52-week range of 23 to 104 into the expected release of quarter results after the bell on October 21.

Winnebago (WGO) October weekly call option implied volatility is at 64, November is at 61; compared to its 52-week range of 34 to 153 into the expected release of quarter results before the bell on October 21. Call put ratio 34 calls to 1 put with focus on November calls.

Xilinx (XLNX) October weekly call option implied volatility is at 74, November is at 52; compared to its 52-week range of 27 to 85 into the expected release of quarter results after the bell on October 21. Call put ratio 2.9 calls to 1 put.

Pioneer Natural Resources (PXD) October weekly call option implied volatility is at 51, November is at 53; compared to its 52-week range of 27 to 164 after reports PXD is talks to acquire Parsley Energy (PE) in all-stock deal. Call put ratio 1.6 calls to 1 put.

Parsley Energy (PE) November call option implied volatility is at 67, December at 59; compared to its 52-week range of 37 to 206 after reports Pioneer Natural Resources (NYSE: PXD) in talks to acquire Parsley Energy in all-stock deal.

Vehicle sales companies IV is flat to low as shares near upper end of range

Carvana Co. (CVNA) 30-day option implied volatility is at 87; compared to its 52-week range of 43 to 212 as shares near record high.

CarMax (KMX) 30-day option implied volatility is at 40; compared to its 52-week range of 40 to 150.

Group 1 Automotive (GPI) 30-day option implied volatility is at 61; compared to its 52-week range of 21 to 129.

AutoNation (AN) 30-day option implied volatility is at 56; compared to its 52-week range of 23 to 119 into the expected release of quarter results before the bell on October 21.

Lithia Motors (LAD) 30-day option implied volatility is at 63; compared to its 52-week range of 27 to 103.

Increasing unusual option volume: FLEX FIZZ UBS TWNK LOGI JKS IBM WGO
Increasing unusual call option volume: FLEX LOGI JKS AMCX FIS OMER PBI WGO IBM
Increasing unusual put option volume: TAN ELAN LOGI IRBT GLNG JKS
Options with decreasing option implied volatility: TLRY SIRI WLL CRON EDIT FIT
Active options: AAPL TSLA NIO MSFT SPCE DKNG IBM FB AMD BAC ZM AMZN SNAP AAL GM BABA UBER NFLX T CCL