Mid-session IV Report October 7, 2020

Mid-session IV Report October 7, 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 RRC APHA SPWR LL TAN OLED MTCH MYL DBX APHA FLR PLTR

Popular stocks with increasing unusual volume: NFLX PTON FSLY BYND F AAL PLUG DKNG

Apple (AAPL) October weekly call option implied volatility is at 43, October is at 45, November is at 49; compared to its 52-week range of 18 to 90 into hosting a special event on Oct. 13, which is likely the 5G iPhone. Call put ratio 2.5 calls to 1 put with focus on October weekly 115 calls.

Amazon (AMZN) 30-day option implied volatility is at 54; compared to its 26-week range of 17 to 69 into Prime Day event on October 13 & 14.

Target (TGT) 30-day option implied volatility is at 30; compared to its 52-week range of 19 to 91 into Target Deal Days. Call put ratio 3.6 calls to 1 put.

Biogen (BIIB) October weekly call option implied volatility is at 28, October is at 27, November is at 79; compared to its 52-week range of 25 to 63 into a FDA panel to discuss Biogen Alzheimer’s application on November 6. Call put ratio 1.2 calls to 1 put.

Peloton (PTON) October weekly call option implied volatility is at 67, October is at 66, November is at 84; compared to its 52-week range of 58 to 158. Call put ratio 3.5 calls to 1 put with focus on October weekly 115 calls.

Beyond Meat (BYND) October weekly call option implied volatility at 75, October is at 70, November is at 84; compared to its 52-week range of 47 to 130 as shares rally 4.4%. Call put ratio 3.3 calls to 1 put with focus on October weekly 190 calls.

Palantir (PLTR) 30-day option implied volatility is at 120. Call put ratio 14 calls to 1 put with focus on October calls as shares rally 4.9%.

Fastly, Inc. (FSLY) October weekly call option implied volatility is at 77, October is at 79, November is at 99; compared to its 52-week range of 53 to 144. Call put ratio 2.7 calls to 1 put with focus on October weekly 110 and 115 calls as shares rally 12%.

Clorox (CLX) October weekly call option implied volatility is at 31, October is at 28, November is at 32; compared to its 52-week range of 14 to 81 after announcing to test experimental device to help detect illness symptom spikes in classrooms. Call put ratio 10.3 calls to 1 put with focus on October weekly 215 calls as shares rally 2.8%.

Eli Lilly (LLY) October weekly call option implied volatility is at 25, October is at 24, November is at 31: compared to its 52-week range of 16 to 69 after an update on its COVID antibody program. Call put ratio 1 call to 1.7 puts as shares rally 2.4%.

Tele-Health IV flat on more calls than puts

Teladoc (TDOC) 30-day option implied volatility is at 71; compared to its 52-week range of 36 to 109 as shares rally 2.5%. Call put ratio 1.7 calls to 1 put.

eHealth (EHTH) 30-day option implied volatility is at 77; compared to its 52-week range of 46 to 117 as shares rally 5%. Call put ratio 8.3 calls to 1 put.

Livongo (LVGO) 30-day option implied volatility is at 68; compared to its 52-week range of 53 to 116 as shares rally 2.4%.

IRhythm (IRTC) 30-day option implied volatility is at 68; compared to its 52-week range of 45 to 113 as shares near a record high.

ReneSola (SOL) call put ratio 8.2 calls to 1 put with focus on October 5 calls as shares rally 19%

PageDuty (PD) 30-day option implied volatility is at 54; compared to its 52-week range of 45 to 113 as shares up 1.7%. Call put ratio 3.6 calls to 1 put.

U.S. Global Jets ETF (JETS) 30-day option implied volatility is at 59; compared to its 52-week range of 14 to 204 amid debate on Washington stimulus.

Increasing unusual option volume: ESI LEVI VGK SOL CLX SIRI
Increasing unusual call option volume: ESI LEVI OCUL FUN FLR SIRI
Increasing unusual put option volume: LEVI LNG SH MDLZ PSTG KEY ADS HES HST FIVE
Options with decreasing option implied volatility: CRON MESO GPRO NKLA DISH CAG KRE
Active options: AAPL TSLA AMD BA DKNG FB NFLX BABA GE NIO BAC AAL PTON AMZN PLUG BYND FLSY NVDA MSFT F