Mid-session IV Report October 20, 2023

Mid-session IV Report October 20, 2023

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: CSCO ENPH SEDG RF BITO

Popular stocks with increasing volume: BAC PLTR PYPL COIN CSCO BABA RIVN

Gold option volume increases as gold moves up

Barrick Gold (GOLD) 30-day option implied volatility is at 35; compared to its 52-week range of 24 to 46. Call put ratio 5.5 calls to 1 put as share price up 2.3%.

Kinross Gold (KGC) 30-day option implied volatility is at 41; compared to its 52-week range of 29 to 57. Call put ratio 39 calls to 1 put with focus on November 6 calls.

Newmont (NEM) 30-day option implied volatility is at 35; compared to its 52-week range of 24 to 45. Call put ratio 5.6 calls to 1 put with focus on October calls.

Agnico Eagle Mines (AEM) 30-day option implied volatility is at 37; compared to its 52-week range of 26 to 88. Call put ratio 9.2 calls to 1 put with focus on October calls.

Royal Gold (RGLD) 30-day option implied volatility is at 30; compared to its 52-week range of 23 to 76.

Harmony Gold Mining Company Limited (HMY) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 83. Call put ratio 4.3 calls to 1 put as share price up 3.7%.

Iam Gold (IAG) 30-day option implied volatility is at 77; compared to its 52-week range of 43 to 112.

Direxion Daily Gold Miners Bull 3x Shares (NUGT) 30-day option implied volatility is at 67; compared to its 52-week range of 49 to 94. Call put ratio 3.5 calls to 1 put.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 18; compared to its 52-week range of 10 to 21.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 48 as gold trades $1999.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 10; compared to its 52-week range of 6 to 18.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 13; compared to its 52-week range of 7 to 19. Call put ratio 1 call to 17.4 puts.

Option IV into quarter results

Cadence Design Systems (CDNS) November call option implied volatility is at 38, December is at 35; compared to its 52-week range of 21 to 76 into the expected release of quarter results after the bell on October 23. Call put ratio 1 call to 3.2 puts.

Whirlpool (WHR) October weekly call option implied volatility is at 54, November is at 37; compared to its 52-week range of 22 to 50 into the expected release of quarter results after the bell on October 23. Call put ratio 3.6 calls to 1 put.

Cleveland-Cliffs (CLF) October weekly call option implied volatility is at 74, November is at 59; compared to its 52-week range of 37 to 72 into the expected release of quarter results after the bell on October 23. Call put ratio 2 calls to 1 put.

Options with decreasing option implied volatility: ISRG NFLX SCHW ABT DFS STT ELV T PG
Increasing unusual option volume: IPG ISRG FIGS CG ICLN BOWL FIS
Increasing unusual call option volume: CHRW FIS FIGS SEDG FREY
Increasing unusual put option volume: PSEC RF TRV MNDY GSAT ISRG CB TAN
Active options: TSLA NVDA AAPL AMZN NFLX AMD BAC META MARA PLTR ENPH GOOGL MSFT PYPL RIOT COIN CSCO BABA SEDG RIVN