Mid-session IV Report October 3, 2024

Mid-session IV Report October 3, 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: BILI FUTU JOBY EVGO BEKE RBLX BYON ASHR WB CVNA LMND HIMS W HUM TME FSLY PINS HOOD TEAM SHAK PYPL SHOP BKNG EA AMGN MELI EVGO DJT PBR MT

Popular stocks with increasing volume: PDD NIO COIN MU JD INTC OXY BAC MSTR

Active options: NVDA TSLA AMD SMCI PLTR BABA AAPL AMZN PDD META NIO COIN MU CLOV MSFT JD INTC OXY BAC MSTR

Commodity price option IV

United States Oil Fund (USO) 30-day option implied volatility is at 46; compared to its 52-week range of 22 to 42. Call put ratio 30 calls to 1 put with focus on October 11 weekly 78 and 80 calls as WTI crude trades $72.95.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 27; compared to its 52-week range of 16 to 32. Call put ratio 3.2 calls to 1 put as WTI crude trades $72.95.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 28 to 40 as gold trades above $2669. Call put ratio 3.4 calls to 1 put as share price down 2.2%.

iShares Silver Trust (SLV) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 40. Call put ratio 3.4 calls to 1 put with focus on October 29 calls.

Freeport-McMoran (FCX) 30-day option implied volatility is at 39; compared to its 52-week range of 29 to 48. Call put ratio 3.6 calls to 1 put with focus on October 55 calls as share price down 2.5%.

Option IV into quarter results

PepsiCo (PEP) October 11 weekly call option implied volatility is at 29, October is at 25; compared to its 52-week range of 13 to 26 into the expected release of quarter results before the bell on October 8.

Tesla (TSLA) 30-day option implied volatility is at 68; compared to its 52-week range of 40 to 72 into Robotaxi meeting on October 10. Call put ratio 1.6 calls to 1 put.

Options with decreasing option implied volatility: SPOT LW CCL NKE PAYX COST
Increasing unusual option volume: LEVI TIGR GOTU MLCO YANG EVGO
Increasing unusual call option volume: TIGR LEVI YANG EVGO CAPR ASHR JOBY DNN CWEB SYY WB MCHI MT
Increasing unusual put option volume: ASHR LEVI NANOS PH YANG EVGO XOP YINN STZ JOBY