Mid-session IV Report October 24, 2018

Mid-session IV Report October 24, 2018

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 overlooked information.

Options with increasing option implied volatility: GLUU TAP WSM AMGN

Options with increasing volume: BUD NOC TX ATH IP XLNX F MSFT

Amazon (AMZN) up $37 to 1700. Call put ratio 1.4 calls to 1 put with focus on October weekly 1700 and 1705 calls. October weekly 1700 puts are the most active strike on the board. October weekly call option implied volatility is at 145, November is at 56; compared to its 52-week range of 18 to 52 into the expected release of EPS today after the market close. October weekly 1700 straddle priced for a move of 7%.

Alphabet (GOOGL) up $29 to 1086. Call put ratio 2.2 calls to put 1 put with focus on October weekly 1085 calls and October weekly 1075 puts. October weekly call option implied volatility is at 112, November is at 41; compared to its 52-week range of 14 to 41 into the expected release of EPS today after the market close. October weekly 1085 straddle priced for a move of 5.5%.

Snap (SNAP) up 36c to $6.97. Call put ratio 1.3 calls to put 1 put with focus on October 7 calls and October weekly 6 puts. October weekly call option implied volatility is at 362, November is at 109; compared to its 52-week range of 36 to 100 into the expected release of EPS today after the market close. October weekly 7 straddle priced for a move of 15%.

Twitter (TWTR) up $4.91 to $32.46. Call put ratio 1.7 calls to 1 put with focus on October weekly 32 and 33 calls. October weekly 31.50 and 32 puts are active. October weekly call option implied volatility is at 120, November is at 63; compared to its 52-week range of 33 to 91.

S&P Dep Receipts (SPY) October weekly call option implied volatility is at 37, November is at 23; compared to its 52-week range of 8 to 35. Call put ratio 1 call to 3 puts with focus on October weekly 267 puts.

PowerShares QQQ Trust (QQQ) October weekly call option implied volatility is at 53, November is at 29; compared to its 52-week range of 11 to 31. Call put ratio 1 calls to 2.7 puts with focus on October weekly 168 puts.

Ishares Russell 2000 Etf (IWM) October weekly call option implied volatility is at 41, November is at 26; compared to its 52-week range of 12 to 25. Call put ratio 1 calls to 1.8 puts with focus on October weekly 147 puts.

Apple (AAPL) October weekly call option implied volatility is at 51, November is at 40; compared to its 52-week range of 16 to 41. AAPL is expected to report EPS on October 31. Call put ratio 1.6 calls to 1 put.

Tesla (TSLA) October weekly call option implied volatility is at 97, November is at 66; compared to its 52-week range of 32 to 71 into expected release of quarterly EPS on October 30. Call put ratio 1.1 call to 1 put with focus on October weekly 310 and 320 calls. On the put side October weekly 310, and 315 puts are active.

Charter (CHTR) October weekly call option implied volatility is at 123, November is at 46; compared to its 52-week range of 24 to 43 into the expected release of EPS before the market open on October 26. Charter (CHTR) call put ratio 2.5 calls to 1 put.

Increasing unusual option volume: AGIO ATH ARCH PTEN TX BUD
Increasing unusual call option volume: NOC FDC EFX PKG
Increasing unusual put option volume: ABB SOXX EFX NOC RJF SIG BDX
Popular stocks with increasing unusual: T SNAP AAL F
Options with decreasing option implied volatility: NOK TWTR TSLA MSFT F WHR V
Active options: AMD MSFT TSLA TWTR AAPL NVDA F FB MU NFLX GE AMZN INTC BAC V T BABA SNAP VALE AAL