Mid-session IV Report October 8, 2018

Mid-session IV Report October 8, 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: CSIQ EBAY BKLN TSLA PENN ALXN NWL XOG UVXY SNAP VXX MNK FOLD TWLO

Options with increasing volume: PYX PBR EWZ BA T BB BBD

Schlumberger Ltd. (SLB) & Halliburton (HAL) option implied volatility flat into Hurricane Michael

Schlumberger Ltd. (SLB) October weekly call option implied volatility is at 27, October is at 29, November is at 25; compared to its 52-week range of 18 to 35 into Hurricane Michael.

Halliburton (HAL) October weekly call option implied volatility is at 31, October is at 28, November is at 29; compared to its 52-week range of 21 to 43.

Bausch Health Co. Inc. (BHC) October weekly call option implied volatility is at 63, October is at 54, November is at 60; compared to its 52-week range of 34 to 87. Call put ratio 22 calls to 1 put with focus on October weekly and October weekly 27 calls.

iShares MSCI Brazil (EWZ) October weekly call option implied volatility is at 50, October is at 42, November is at 41; compared to its 52-week range of 24 to 58 after Brazil general elections. Call put ratio 1.4 calls to 1 put. Shares up 6%.

Petrobras (PBR) October weekly call option implied volatility is at 67, October is at 60, November is at 62; compared to its 52-week range of 30 to 75 after Brazil general elections. Call put ratio 2.6 calls to 1 put with focus on October weekly 16 and October 15 calls as shares rally 10%

Pyxus International (PYX) October call option implied volatility is at 186, November is at 150; compared to its 52-week range of 54 to 17 after was mentioned as a speculative long by short seller Citron Research. Call put ratio 2.6 calls to 1 put with focus on October 30 and 35 calls as shares rally 26%.

Fastenal (FAST) October call option implied volatility is at 51, November is at 34; compared to its 52-week range of 19 to 40 into the expected release of Q3 EPS before the market open on October 10. Call put ratio 1 call to 3.4 puts.

BlackBerry (BB) call put ratio 8.5 calls to 1 put with focus on January 15 calls

Increasing unusual option volume: BB PYX GPOR GOV AR FXB SUN EBIX UGA DAN
Increasing unusual call option volume: BB PYX GPOR GOV AR SUN INDA EAF UGA
Increasing unusual put option volume: FXB EBIX BPT HPR TSM QID UBS SOXX HTGT
Options with decreasing option implied volatility: IONS ESRX STZ COST DLTR DXJ SDS AMLP AMRN
Active options: PBR GE AAPL BABA FB AMD BAC JD TSLA AMZN NFLX MU NVDA SNAP SQ INTC MSFT TWTR BA T