Mid-session IV Report October 6, 2020

Mid-session IV Report October 6, 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: BIIB DDOG OLED TBT TLT JWN CLDR OKE Z TIF

Popular stocks with increasing unusual volume: ZM ROKU BYND AAL PTON

Beyond Meat (BYND) October weekly call option implied volatility at 80, October is at 70, November is at 84; compared to its 52-week range of 47 to 130 as shares rally 5% after a Piper Sandler analyst report said a McDonalds (MCD) U.K. burger may be coming. Call put ratio 3.2 calls to 1 put with focus on October weekly 180 and 185 calls.

Logitech (LOGI) October call option implied volatility is at 42, November is at 44; compared to its 52-week range of 19 to 86 after Apple (NASDAQ: AAPL) removed competing speakers and headphones from its online stores.

Sonos (SONO) October call option implied volatility is at 61, November is at 68; compared to its 52-week range of 41 to 120 after Apple (NASDAQ: AAPL) removed competing speakers and headphones from its online stores. Call put ratio 2.5 calls to 1 put.

Option implied volatility into quarter results

Levi Strauss (LEVI) October call option implied volatility is at 75, November is at 55; compared to its 52-week range of 30 to 136 into the expected release of quarter results today after the bell.

Lamb Weston (LW) October call option implied volatility is at 55, November is at 46; compared to its 52-week range of 19 to 115 into the expected release of quarter results on October 7.

RPM International (RPM) October call option implied volatility is at 34, November is at 28; compared to its 52-week range of 17 to 94 into the expected release of quarter results on October 7. Call put ratio 9.8 calls to 1 put with focus on October 85 and 90 calls.

Dominos’s Pizza (DPZ) October weekly call option implied volatility is at 81, October is at 53, November is at 41; compared to its 52-week range of 22 to 86 into the expected release of quarter results before the bell on October 8.

Helen of Troy (HELE) October call option implied volatility is at 51, November is at 35; compared to its 52-week range of 21 to 94 into the expected release of quarter results on October 8. Call put ratio 2.6 calls to 1 put.

Acuity Brands (AYI) October call option implied volatility is at 63, November is at 45; compared to its 52-week range of 24 to 95 into the expected release of quarter results on October 8. Call put ratio 17 calls to 1 put.

Delta Air Lines (DAL) October weekly call option implied volatility is at 53, October is at 66, November is at 70; compared to its 52-week range of 20 to 265 into the expected release of quarter results on October 13. Call put ratio 2.4 calls to 1 put.

Lithium Americas Corp (LAC) October option implied volatility is at 163, November is at 154; compared to its 52-week range of 81 to 203 as shares sell off 9%. Call put ratio 2.9 calls to 1 put with focus on October 15 calls.

Albemarle (ALB) October option implied volatility is at 42, November is at 49; compared to its 52-week range of 28 to 98. Call put ratio 3.3 calls to 1 put with focus on November 100 calls.

Livent Corporation (LTHM) October option implied volatility is at 96, November is at 94; compared to its 52-week range of 51 to 144 as shares rally 1.2%. Call put ratio 17 calls to 1 put with focus on October 10, 12.50 and 15 calls.

Increasing unusual option volume: LTHM IOVA ICLN TD AXTA LAC ENDP LEVI
Increasing unusual call option volume: LTHM IOVA ICLN ENDP LAC RESN LEVI COOP JKS
Increasing unusual put option volume: ATUS LEVI JKS SPWR WTRH AYX PAYX TAP
Options with decreasing option implied volatility: PAA CLVS CRON UA MESO INO
Active options: AAPL TSLA NVDA AMD BA BAC NIO BABA FB SPCE AMZN BYND CCL AAL GE MSFT C PTON ZM ROKU